Crypto News

Crypto News Live Update Nov 12: FTX Hack; Crypto Market Slumps By 3%

Crypto News Today Live Updates November and Latest News: (12 November 2022) The global cryptocurrency market registered a decline of more than 3% after witnessing a broad recovery on Friday.
Published by
Crypto News Live Update Nov 12: FTX Hack; Crypto Market Slumps By 3%

Crypto News Today Live Updates November and Latest News: (12 November 2022) The global cryptocurrency market registered a decline of more than 3% after witnessing a broad recovery on Friday. The cumulative market now stands at $839 billion.

The 24 hour trading vol declined by over 34.3% to stand at $91 billion. The market is on a constant decline after Binance’s CEO, CZ made a crucial announcement regarding the FTX crypto exchange.

FTX token (FTT) price has dropped by another 36% in the last 24 hours. FTT is trading at an average price of $2.01, at the press time.

Crypto News Today Live Updates

Advertisement
Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Hyperliquid Team Moves $90M HYPE as Network Becomes Top Fee Chain

Hyperliquid logged another major on-chain development today after a team-linked wallet shifted $90 million worth…

November 29, 2025
  • Crypto News

Is Kalshi Manipulating Prediction Markets? Platform Hit With Lawsuit Over Violations

Kalshi has been accused of illegal sports gambling and manipulating the market. This comes as…

November 29, 2025
  • Crypto News

Coinbase Submits Recommendations to CFTC on Crypto Market Rules

The policy recommendations are detailed requests that Coinbase filed with the Commodity Futures Trading Commission…

November 29, 2025
  • Crypto News

21Shares XRP ETF To Begin Trading on Monday as Institutional Inflows Hit $666 Million

21Shares’ XRP ETF is set to join the list of funds already trading in the…

November 29, 2025
  • Crypto News

CoinShares Ends Push for XRP, Solana and Litecoin ETFs With Latest SEC Filing

CoinShares has formally abandoned its planned three crypto ETFs, the Solana Staking ETF, the XRP…

November 29, 2025
  • Crypto News

BlackRock Buys $589M in Bitcoin and Ethereum as Crypto Market Recovers

BlackRock stepped up its crypto acquisition, buying $589 million in Bitcoin and Ethereum from Coinbase.…

November 28, 2025