Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wavessurfing
on 22/11/2023, 01:06:56 UTC
Quote from: avp2306 on Today at 12:05:59 AM
Quote from: OgNasty on November 21, 2023, 10:45:40 PM
Quote from: avp2306 on November 21, 2023, 10:43:42 PM
Quote from: Hueristic on November 21, 2023, 07:44:54 PM
Quote from: El duderino_ on November 21, 2023, 07:35:27 AM
To sue an exchange is the new china bans bitcoin?  Roll Eyes

Losing binance shouldn't effect King Daddy at all and might help by curtailing the shitcoin Eth tard manipulators but Kraken is a good onboarding platform that would suck to lose.
Many got panic on thay news and they think it will be huge disaster for crypto to lose cz or even binance. But if they just widen up their minds they can see a lot of reputable exchange still running if binance will get affected on the issue.

Kraken is one best alternative with that and it seems many people doesn't get a damn on the news that's why a slight downfall only happen since many are not totally affected with current news about CZ plead guilty news. Still best to hodl no issue could stop this upcoming bullrun  Smiley.

CZ stepping down is because he knows he did the exact same thing with Binance that SBF did with FTX. The only difference was that Binance had enough customer funds on deposit that they were able to hold the price of BNB up to avoid liquidations. As soon as they started offering wild rates again for stablecoins it was obvious they’re sitting on a house of cards. Hopefully everything unwinds without crashing the market too badly.

https://nitter.net/pic/orig/media%2FF_fwTAvWMAAzcvS.jpg
#Binance CEO ChangPeng Zhao (CZ) released from custody on $175 million bond

he retains the property of binance..

He face a lot of legal troubles recently and he maybe think that this is best decision he could do to save up the company.

Hopefully this news will gone immediately and it will not affect the market badly since for sure many doubt about current condition since some think that binance or bnb will crash due to this news. But many still positive that this  issue go away and market can start to climb back.