The report notes that "officials who probe money laundering and tax offenses have sought information from individuals with insight into Binance’s business." Though, while many traders were panicked by the headline, the report clearly states that Binance isn't facing any charges or fines - at least, not yet.
Ruse. The institutions and Tesla are still holding their positions. There are dozens of tokens that are way more efficient for transactions. Samsung announced they're integrating hardware wallets with new phones. Gov crypto is coming.
All they did was tank the price so they could buy at a discount. We've got 6 months of a bull run to go. HODL!
Maybe people should apply the same logic to Elon Musk’s cars. Bitcoin is mined using electricity just like charging a Tesla
Wipe nuclear power off the market and his cars go away forever.
Also didn't help that it was announced that Binance is under DOJ/FBI investigation... https://www.zerohedge.com/markets/cryptos-slide-after-report-binance-under-investigation-irs-doj
https://www.zerohedge.com/markets/dogecoin-sors-after-musk-tweets-working-doge-developers-improve-system-efficiency
Dogecoin Soars After Musk Tweets "Working With Doge Developers To Improve System Efficiency"
Ruse. The institutions and Tesla are still holding their positions. There are dozens of tokens that are way more efficient for transactions. Samsung announced they're integrating hardware wallets with new phones. Gov crypto is coming.
All they did was tank the price so they could buy at a discount. We've got 6 months of a bull run to go. HODL!