Daily Digest – November 9th

• Crypto market bleeds: Bitcoin sets 24-month low – ETH -18%, FTT – 80%.

• Solana (SOL) drops 31% as liquidations spike amidst Alameda Research links.

• Crypto market suffers $875 million in liquidation in 24 hours as BTC sheds 11%.

• Tether and Circle deny exposure to struggling FTX and Alameda Research.

• Mark Zuckerberg confirms Meta layoffs as over-optimism leads to overstaffing.

Solana (SOL) Dumps Another 30% Amid Fears Alameda Might Be Unloading Its Share

Solana (SOL) has yet to catch a break. The so-called “Ethereum killer” has plummeted in value over the past few days amid the...

McDonald’s, Walt Disney, & 20 Others Overtake Ethereum (ETH) as Market Cap Falls to $150 Billion

As the bears ravage the crypto markets, causing prices of assets to take a sharp downturn, McDonald’s and Walt Disney have overtaken...

Cathie Wood’s Ark Invest Backs Coinbase as Rival Exchanges Binance & FTX Join Forces

LBC, the native token of LBRY, a decentralized file-sharing and payment network, plunged in value by more than 30% following the...

Crypto Market Overview: What Can We Expect This Week?

In order to tackle that question, in this weekly crypto market overview, Bitcoin’s fundamentals, as well as the charts, must first be examined...

Sam Bankman-Fried Loses Billionaire Status as Net Worth Falls 93% in One Day

Sam Bankman-Fried is reportedly no longer a billionaire, as the FTX CEO’s net worth plummeted 93% from $16 billion to...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team