5 Minute Crypto
924 posts

5 Minute Crypto
@5MCrypto
5 Minute Crypto, 6k YouTube. #BTC #ETH #XRP #ADA #SHIB #BNB & More! I am Not A Financial Advisor.
Dubai Katılım Temmuz 2022
39 Takip Edilen2.8K Takipçiler

💥Coinbase reportedly holds $25 billion worth of #Bitcoin
That's 1,000,000 bitcoin 5% of the entire supply. Are you scared?
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Fastest to reach the TRILLION DOLLAR CLUB: #Microsoft - 44 years
#Apple - 42 years
#Amazon - 24 years
#Google - 21 years
#Bitcoin - Only 12 years

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Gary Gensler will eventually have to approve Spot Bitcoin ETFs.
In 23 days, the SEC needs to review the next round of #Bitcoin📷 ETFs.

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Imagine you're in an elevator with
@cz_binance
What's the one thing you'd want to ask or tell him about #crypto?

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Concerns About Binance:
1. Legal challenges from the SEC and CFTC with substantial evidence.
2. Departure of numerous high-ranking executives in a short time frame.
3. Use of self-verification for Proof of Reserves (PoR) without third-party audits.
4. Discontinuation of the BUSD stablecoin.
5. Cessation of operations in Canada, Germany, Netherlands, and Belgium.
6. Potential charges from the DOJ for money laundering, terrorism financing, and sanctions breaches.
7. Ongoing money laundering investigation in France.
Resignation of the auditor and the revocation of their approval.
8. Severed ties with several banks and payment systems, leading to difficulties in fiat transactions.
8. Significant staff reductions.
9. Reduction in staff perks and advantages.
These points provide a concise overview of the various concerns surrounding Binance at the moment. It's essential for users and investors to consider these factors when making decisions related to the exchange.
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If #Binance collapses
Bitcoin is going to $5,000
The entire industry will be screwed.
I don't want this, but this is the truth.
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