Ethereum (ETH) price jumped for a third consecutive day this morning as the hearings about FTX made several headlines overnight. As more pieces of the puzzle fit into one another, it becomes clearer that FTX might be involved in fraud and that quite a lot of assets have “vanished”. Further questions and inquiries will need to be made, while Binance is once again saying it is more than happy to buy the pieces and elements of FTX worth salvaging.
FTX exchange is now under the watchful eyes of Turkey’s authorities, as revealed by the country’s finance minister on November 23. The bankrupt exchange, FTX, has been at the center of regulatory oversight from multiple countries after filing for bankruptcy on November 11.
A brief technical and on-chain analysis on Luna Classic price. Here, FXStreet’s analysts evaluate where LUNC could be heading next.