Post
Topic
Board Bitcoin Discussion
Re: CZ officially bids goodbye to Binance. Will Binance Crash or still stand Strong?
by
BitcoinsGreat
on 22/11/2023, 11:03:40 UTC
At this point, we should give Blackrock a standing ovation for a script well played. It may sound like a conspiracy theory but everything is beginning to unfold. First the ETF is delay, then CZ is being "forced" to resign and agree that he laundered money. In the next few weeks, the ETF will be approved and we are sure nothing is going to stop it. Truth be told right now, I am more worried for bitcoin than for Binance or CZ.

It seems like Blackrock is trying to eliminate every competitor and every big exchange, so that once the ETF is approved, BlackRock will get most of the investments. Anyway, we do not know the exact idea behind all this drama but in a nutshell, there can be nothing bad for Bitcoin in the long run.

If there are serious allegations against CZ and Binance, then it can only dent the price of BNB and i do not think that BNB is too big to affect the whole market. FTX was done and dusted, not sure what will be binance future but bitcoin and crypto is here for the long term and everyone should keep this big picture in mind when deciding to buy or sell their holdings.