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Crypto News
🚨🚨🚨 JUST IN: 🇺🇸 SEC to sue #BUSD stablecoin issuer Paxos. @News_Crypto
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Closed APE trade, BUSD Fud in the market.
So Short term market will be affected.
So Short term market will be affected.
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Coin Signals
X (formerly Twitter)
CZ 🔶 BNB (@cz_binance) on X
#BUSD. A thread. 1/8
In summary, BUSD is issued and redeemed by Paxos. And funds are #SAFU!
In summary, BUSD is issued and redeemed by Paxos. And funds are #SAFU!
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What's going on?
https://coinmarketcap.com/exchanges/binance/#reserve
#POR missing from CoinMarketCap but visible on CoinGecko :
https://www.geckoterminal.com/proof_of_reserves/exchanges/binance
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14 Feb: US CPI (Expected 6.2%)
15 Feb: UK CPI YoY (Jan)
16 Feb: US Unemployment Claims (Expected 200K)
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Forwarded from Vip CoinSignals
➡️ SHORT LTCUSDT
❇️ Entry: 98.30000000 - 102.90000000
☑️ Target 1: 93.10000000
☑️ Target 2: 88.20000000
☑️ Target 3: 83.30000000
☑️ Target 4: 78.40000000
⛔ Stoploss: 105.47250000
💫 Leverage : 5x
❇️ Entry: 98.30000000 - 102.90000000
☑️ Target 1: 93.10000000
☑️ Target 2: 88.20000000
☑️ Target 3: 83.30000000
☑️ Target 4: 78.40000000
⛔ Stoploss: 105.47250000
💫 Leverage : 5x
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Forwarded from Vip CoinSignals
Vip CoinSignals
➡️ SHORT LTCUSDT ❇️ Entry: 98.30000000 - 102.90000000 ☑️ Target 1: 93.10000000 ☑️ Target 2: 88.20000000 ☑️ Target 3: 83.30000000 ☑️ Target 4: 78.40000000 ⛔ Stoploss: 105.47250000 💫 Leverage : 5x
Binance Futures, ByBit USDT
#LTC/USDT Take-Profit target 2 ✅
Profit: 50% 📈
Period: 5 Days 23 Hours 23 Minutes ⏰
#LTC/USDT Take-Profit target 2 ✅
Profit: 50% 📈
Period: 5 Days 23 Hours 23 Minutes ⏰
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Binance is unable to access $USD in order to continue pumping market and now it can't get access to USD via $BUSD as well.
$23300 will be hard resistance for bitcoin because of the decreasing BUSD and no new inflow of USD.
We are holding short from $23.6k.
Short term we may see a 3-5% up move before heading down
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🚨🚨🚨 Binance has increased withdrawal fees on the TRON (TRX) Network. #USDT TRC20 withdrawal fee increased from 1 USDT to 2.6 USDT. We recommend using MATIC, BNB and SOL Network for transferring USDT.
🚨 USDT TRC20 transaction fees hits $3.34 all time high.
Tron's network gas price hiked to 50 TRX per transaction that is $3.34.
It's now costing $3.34 to send $1 on tron's block chain network.
Tron's network gas price hiked to 50 TRX per transaction that is $3.34.
It's now costing $3.34 to send $1 on tron's block chain network.
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The next major resistance is $23.3k, which is both technical and fundamental resistance (where binance lost banking partners).
Holding BTC short trade from $23.6k with plans to add more soon.
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Like Binance's Banking partners exit, Staking banned, BUSD banned and CPI Data.
Totally unpredictable move.
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#Bitcoin has printed its FIRST EVER 'Death Cross' on the weekly chart.
The Golden Cross and Death Cross are important Bull and Bear market indicators, respectively.
Historic High after 1 Day Golden Cross :
2021 : 60%
2020 : 630%
2020 : 15% (Fakeout before 50% crash)
2019 : 178%
2015 : 8000%
After the Death Cross avg drop is 55%.
As per historic data going long after the Golden Cross showing HIGH Chances of Massive Bullrun.
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🚨 WAR on StableCoins :
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
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