FTX and Alameda Research are closely tied. A recent Alameda document showed that the biggest asset on the organization's balance sheet was FTX’s FTT token; Dogecoin plunges late. thesamreynolds and JPRubin23 report.
By James Rubin
The two unrelated events underscored the difficulties central banks are facing in cooling the still hot job market and stemming inflation, and they sent equities downward.the two largest cryptocurrencies by market capitalization, continued to sail along at roughly the same levels they’ve maintained for much of the past two weeks. BTC was holding steady at about $20,200, while ETH continued to hover over $1,500 – both up a few smidgens during the past 24 hours.
A number major tokens spent much of the day trading solidly in the green, with MATIC and LRC recently up nearly 11% and 7%, respectively. But popular meme coin DOGE plunged more than 9% following a report that Twitter's mercurial new owner, Elon Musk, was halting work on the social media platform's crypto wallet. The token spiked 16% last week as Musk, an avid DOGE supporter, neared completion of his $44 billion deal.
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