🆕Cryptocurrency company FTX, which has been accused of alleged fraud, is reportedly selling its crypto assets and hoarding cash.

According to Bloomberg, the company's cash reserves have almost doubled from approximately $2.3 billion at the end of October to $4.4 billion by the end of 2023. It is estimated that the FTX company may have sold another 22 million GBTC shares worth approximately $1 billion in January.

@crypto 💰

Me when someone talks about crypto

@crypto 💰

Bitcoin Price on 28th Jan Each Year

2024: $42,224 🟢
2023: $23,048 🔴
2022: $37,458 🟢
2021: $31,910 🟢
2020: $9,057 🟢
2019: $3,435 🟢
2018: $11,708 🔴
2017: $918 🟢
2016: $382 🟢
2015: $250 🟢
2014: $780 🔴
2013: $18 🟢
2012: $6 🟢
2011: $0.44 🟢

@crypto 💰

Crypto Taxation on Nations 🌐✔️💵

@Crypto 💰

🚨In a video interview, the CEO of JPMorgan said that some cryptocurrencies have value because they do something. But Bitcoin, he called it a 'pet rock', does nothing. He said Bitcoin has a few uses, but mostly people just trade it among themselves.

@crypto 💰

Weekly Crypto Performances Of Top 10 Market Caps

1️⃣ 💰 Bitcoin : 🔼1.47%

2️⃣ 💰 ETH : 🔽-7.73%

3️⃣ 🥉 BNB :🔽-3.64%

4️⃣ 💰Solana : 🔼6.30%

5️⃣ 💰XRP : 🔽-3.86%

6️⃣ 💰 Cardano : 🔽-1.85%

7️⃣ 💰 Doge : 🔽-7.61%

8️⃣💵Tron : 🔼3.62%

9️⃣♦️Polkadot : 🔼0.84%

🔟💵Polygon : 🔼1.33%

@crypto 💰

🚨 LATEST : Harvest Fund Applies for Spot Bitcoin ETF in Hong Kong.

@crypto 💰

🚨 NEW : Crypto Whales Amass $3 Billion in Bitcoin Holdings Amid Market Shifts.

@crypto 💰

🚨JUST IN : Grayscale Sent 6,534 Bitcoins, Totaling $274.95 Million, into Coinbase Prime Today

@crypto 💰

Me reading "Grayscale sent thousands of Bitcoins into Coinbase again" news

@crypto 💰

Boost our channel 🚀💎💰

@crypto 💰