FTX submitted a filing requesting permission to engage in these activities in August, arguing that hedging its crypto assets would “allow the Debtors [FTX] to limit potential downside risk prior to the sale of such bitcoin or ether,” while “staking certain digital assets … will inure to the benefit of the estates – and, ultimately, creditors – by generating low risk returns on their otherwise idle digital assets,” according to the filing by FTX’s lawyers.
Solana Will Drop To $211 If It Fails To Break Key Resistance Degree – Analyst
Solana (SOL) is going through extreme promoting stress because it checks key demand ranges, with bears gaining management after a...
