Posted 11/7/2023, 1:01:00 PM
ORDI Soars 50% on Binance Listing as Crypto Fund Inflows Climb; FTX Fate Still Unclear
- ORDI token tied to Bitcoin Ordinals protocol surged 50% after being listed on Binance as emerging project
- Silicon Valley firm Proof Group in running to relaunch bankrupt crypto exchange FTX
- Crypto funds saw best inflows since 2021 bull market, totaling $767 million over 6 weeks
- Bitcoin has doubled in value this year but volatility has been largely absent
- Decision on FTX expected by mid-December; options include selling customer list or bringing in partner