Crypto exchanges Binance and FTX are dominating the news tod | Cryptoreach on Binance Square

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Crypto exchanges Binance and FTX are dominating the news today. Binance CEO Changpeng ‘CZ’ Zhao announced that his exchange is liquidating its stash of FTX’s native token FTT—prompting a rush of withdrawals from FTX users, with weekly stablecoin outflows from FTX reaching $451 mi

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This is what the Bitcoin ETF will be used for VERY GOOD NEWS FOR CRYPTOCURRENCIES, prepare yourself for the rise in *CRYPTOCURRENCIES* just buy your coins, stock up on them, you will smile very soon. Big Money Coming Into Cryptocurrencies With BITCOIN ETF Approved ETF, Bitcoin (BTC), will allow traders to easily gain exposure to the largest cryptocurrency through traditional brokerage accounts and exchanges, without the need to directly buy or sell the digital asset on an exchange cryptocurrency (an Exchange).

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*BITCOIN: BTC EXCEEDS $47,000 AS SEC COULD APPROVE ETFS ON WEDNESDAY.* *Bitcoin* has broken the *$47,000* barrier for the first time since *April 2022,* marking a pivotal moment for *the iconic cryptocurrency.* This breakthrough comes as the *Securities and Exchange Commission of the* *States- Unis* is closing in on the deadline for *approval of one or more ETFs* *Spot Bitcoin*, with *Bloomberg* analysts anticipating a decision *on January 10.* *Spectacular rise in Bitcoin* *Bitcoin* soared rapidly by *$44,000* *on January 8*, increasing more than *7.5% in 24 hours and 177% over the past 12* *months,* to reach a yearly high of *$47,300 $.* This rise comes as the market prepares for *potential SEC approval of one or more of the Bitcoin Spot ETFs.* The last time *Bitcoin* traded above *$47,000* was almost *20 months ago, on April 3, 2022.* This rise also led to *a wave of liquidations of short Bitcoin positions, with liquidations exceeding* *$80 million.* *Total liquidations* on *cryptocurrencies* have exceeded *$120 million.* *The SEC admits defeat?* *Warning and X threads* While many market participants expect the uptrend to continue in light of any news regarding the approval of a Bitcoin Spot ETF, the *SEC* reiterated a caution against * *impulsive* investments* driven by *FOMO* just before the expected approval. Nonetheless, *ETF* products are ultimately expected *to attract multi-billion dollar investment flows over the coming years.* For his part, *Gary* *Gensler*, directly published a *thread on crypto] continues to be riddled with fraud, bogus offers, Ponzis, and outright theft. »* *(CRYPTONEWS)*

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new year gift or not we smile more. This phenomenon is an error or a lack of knowledge, so we will always arrive at a better understanding of it. A Bitcoin user sent 26.91 BTC to Satoshi Nakamoto's Genesis address yesterday, almost $1.2 million. The identity of the sender and his motivations are currently unknown, we will come back quickly if we have other information, stay tuned.

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the whole world is connected to the SEC while it looks for any reason to support its thesis and this is what its president says <<The SEC underlines its recent victory by deciding that the Terraform offers were securities , in an effort to convince other judges that they are right about platforms like Coinbase and Binance trading unregistered securities.>> what does the president of the SEC ultimately want is the question that remains to be asked?

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Nasdaq, New York Stock Exchange and other stock market participants met with the SEC to discuss spot Bitcoin ETFs* Major exchanges, including Nasdaq and NYSE, have met with the SEC to discuss spot Bitcoin ETFs, suggesting a possible launch soon. The SEC is assessing the impacts on markets, despite its hostile history. Expectations are high for imminent approval, potentially triggering a bull run. The arrival of major players like BlackRock would strengthen the legitimacy of cryptocurrencies. Goldman Sachs is also expressing interest, anticipating large-scale adoption with tokenization. The SEC's decision is eagerly awaited.

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