Quote from: electronicash on Today at 06:07:54 PM

Quote from: Nwada001 on Today at 05:31:55 PM

I don't think the sueing have anything to do with Bitcoin or any other crypto price, if we were to experience any change it could have been on the exchange 2 major coins which is the BNB and it's BUSD.

The Fed's just don't know when to stop, they are trying to drag all the big names to their fud games, with the believe they can bring the crypto industry down if they can win against the big men on crypto... Sueing CZ for violating trading rules.. before the 1hrs + Binance emergency update on their trading and other features on their exchanges. Have the Fed not seen the trading rules violated? Why am i having this feeling that the Sec and this sueing might have something to do with the bug which attach Binance few days back.

Quote from: KingsDen on Today at 05:13:01 PM

As for the news you broadcasted, can you please help and add a link to it?

Saw the news on cryptopotato I don't know if it's same source with the OP
https://cryptopotato.com/us-cftc-sues-binance-ceo-changpeng-zhao-bitcoin-plunges-by-1400-immediately/

more like Binance allowing US citizens to trade futures and derivatives which is sort of illegal as CFTC claims. BTC is not the issue but it can be dragged as we can see the price also dips. CZ will battle with this. there are a lot of winning chances for him.

Somewhere I saw that Binance is covering over 60% of the global Bitcoin trading volume I think, so it is quite normal when there are some not so great news that the price slightly reacts. But often it looks more like a quick test of some weak hands whether the market is going into panic mode and then every single time when we had some bad news these days and weeks, there is strong resistance coming up quite fast. It is not like we are dropping double digit percentage points because CZ is getting sued.