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First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet

Source Node: 1737257

FTT’s token officially gives exchange users discounts on trading fees if they stake it. But, practically, it operates as something akin to stock. In good times, FTT’s token rises; in bad times, it declines. Apropos, whenever bad news about Binance hits the newswires, its eponymous token, BNB, declines.

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