FTX is strengthening its power and position in the crypto market

[MrSpasybo]

Cryptocurrency exchange FTX US has secured the winning bid for the assets of crypto brokerage firm Voyager Digital, to be approved by the United States Bankruptcy Court, with a bid valued at approximately $1.4 billion, according to Voyager.

Source: FTX US wins auction for Voyager Digital’s assets

If I had to pick one big project worth noting in this crypto winter, FTX would be the one worth talking about as Sam is constantly acquiring projects and expanding his user base. For me, FTX has the potential to become bigger than Binance, although FTX has no plans to launch its own blockchain like Binance Smart Chain (BNB chain).

With this victory, FTX will have more users from Voyager, FTX will become a major force in the crypto market in 2023 and bullrun 2024-2026.

Are you following the development of FTX and do you plan to buy and hold FTT tokens for big profits in the future?

[TomPluz]

I love the fact that this guy is called as Sam Bankman-Fried. His name speaks volume on his own destiny...being a big financier or a "bank man" in the mold of Warren Buffet and today he is answering to those platforms signaling the sign of stress and could not anymore pull through in the ongoing winter market. Certainly, the man is setting his own empire so that when the bulls can be back he is all ready to take the bite...enjoying the fruits of the risks he took today. Of course, the guy has all the money he can use so why not expand at the least cost? However, becoming more than Binance is something worth watching as am sure CZ got also his own plans for expansion purposes. By the way, I am actually happy for Sam...at least here we have someone who is really competing well and he is not Chinese.

[Jaephoenix]

Sam has got CZ worried stiff. And to make matters worse, he's American, meaning he may have the political prowess to topple Binance's hold on the US market. FTX already has a large share of the worldwide crypto market, though Binance has a far bigger share. But I envisaged Sam getting over CZ in the near future. And who says he doesn't want a new blockchain? For all you know, he may have it in the works