Is Binance in hot water? CZ sued by the CFTC — Watch The Market Report

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The Market Report with Cointelegraph is live! Tune in to watch Cointelegraph’s resident expert, Marcel Pechman, discuss the latest details in the Binance v. CFTC case.

, new facilities going live, and entrepreneurs finding cheap sources of mining. Is there a correlation between the Bitcoin hash rate and its price? Can we expect a spike in Bitcoin’s price as well? Pechman breaks it all down for you.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in ZA
 

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CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers.CFTC's lawsuit against binance is likely to weigh over the crypto market liquidity, paving the way for wild price swings in top digital assets, including bitcoin, according to market observers. Reports godbole17. Can't believe it's been a year since we met her CFTC binance godbole17 $25K is a “very generous observation” (by the observers) Without liquidity in the market, Bitcoin might kiss the $3,000 bottom and would nuke the rest of the market. CFTC binance godbole17 Weak hands were selling their bitcoin when it dipped to $500. They were selling it when it dipped to $5000. They'll be selling it when it dips to $500k. God bless those paper hands 👍
Source: CoinDesk - 🏆 291. / 63 Read more »