What an eventful week it has been regarding cryptocurrency exchanges! We witnessed CZ stepping down, Bittrex announcing the suspension of its operations starting from December, and Kraken facing a significant lawsuit. There are a few key points to consider:
something is cooking behind the scene..ETF is getting attention of people and the time big exchange losing trust of the users..One point is clear that SEC doesn't want any trading system where people can do freely trading under the eye of SEC..Whenever market going to bullish we hear bad news of realted to exchange or tokens.
1) Is the recent decline in exchanges' fortunes a result of natural market forces or deliberate manipulation? This question might seem rhetorical given the circumstances.
ETF approvals is closed and anything we can hear the good news..Any bad news before approval is short term manipulation.
2) With Bittrex shutting down, many users are left wondering where they will migrate their activities. Have you made any decisions regarding your future exchange of choice?
I have not used Bittres exchange, I am not worry from this news..I just thinking to migrate from Binance due to current news and I think Hot wallet is best option in current situation.