CCTV (China Central Television) 📺 one of the biggest channels in China, again Binance is displayed on that channel being mentioned as the world's largest trading platform!

While FUD continues to spread in every social media fighting against crypto but fortunately Binance super trending in China being promoted as the best crypto exchange around the world!

Recently SEC is trying to destroy crypto adoption which is gaining momentum with tremendous growth 📈, they just trying to undermine crypto exchanges like Binance and Coinbase but in some reality, it prevails in fighting against crypto adoption but not otherwise.

On their side, The Securities and Exchange Commission (SEC), think that has been taking action against crypto exchanges because they believe that some of these exchanges are operating in violation of federal securities laws. Specifically, the SEC is concerned about the lack of regulation and transparency in the cryptocurrency market, which can make it easier for bad actors to engage in fraudulent activities such as market manipulation, insider trading, and money laundering. The SEC's goal is to protect investors and ensure that the crypto market operates fairly and transparently.

Question: Does this reason that leading FUD to Crypto Industry?

Here are some responses from Binance

We respectfully disagree with the SEC's allegations that Binance operated as an unregistered securities exchange or illegally offered and sold securities, including by offering BNB, or the BUSD fiat-backed stablecoin. We work diligently to comply with laws and regulations applicable to our business.

Also, Binance on the other hand always answers that as Exchange has stated that they are committed to complying with all applicable laws and regulations and have taken steps to improve their compliance efforts. They have also announced plans to establish a centralized headquarters and work with regulators to ensure compliance in the countries where they operate.

So above is a simple way how Binance trying to show transparency to its users and to protect them.

Where do you believe more SEC or Binance? Please leave your comment.

The image below shows how people love Binance'best poll where people show their interest

This article is not financial advice just do your research

#fuds. #4

With the recent #fuds. spreading about the #Binance US entity and the #SEC , it is paramount to understand how the binance establishment works globally.

Here are five (5) basic insights to note;

1. Binance.com and Binance.US operate as separate entities; therefore, any suspension related to #USD deposits and withdrawals on Binance.US would not directly affect Binance.com.

2. Binance.US have separate business partners in the US, both parties currently facing bank challenges as a result of the SEC's claims. Binance.com has not been affected by these issues.

3. Binance.US has a significantly lower trading volume than Binance due to its limited user base.

4. Binance.US also offers fewer cryptocurrencies and trading pairs than Binance. The list of assets under the sec review as proposed securities, are only liable or relate to the binance.us exchange.

5. Binance.com (Unbranded as Binance Holdings Ltd) is the global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. They however, have more features and options for users, than binance.us

Meanwhile, Binance US remains open to a productive compromise that enables a thriving digital asset marketplace in America. Binance.US will continue to vigorously defend itself, all customers, and industry against the meritless attacks of the SEC.

To be continued #crypto2023 🎬....✍️

If you enjoyed this, please Follow, Like, Share & Drop your thoughts below 👍

As I said previously, the market will go up No need Panic to Sell. Fake breakdowns in the crypto market can occur for several reasons, including:

1. Market Manipulation: Whales or large traders may intentionally create a fake breakdown to manipulate prices and profit from the ensuing panic selling. By triggering stop-loss orders or creating a false sense of bearishness, they can accumulate more crypto assets at lower prices.

2. Stop Hunting: Some traders engage in stop hunting, where they purposely trigger stop-loss orders placed by other traders. This tactic allows them to buy assets at a lower price or force liquidations, causing further downward pressure on prices.

3. Psychological Warfare: Fake breakdowns can also be used as a psychological tactic to instill fear and uncertainty (FUD) in the market. This can lead to panic selling and create opportunities for savvy traders to buy at lower prices.

4. News Manipulation: False or misleading news can contribute to fake breakdowns. By spreading rumors or misinformation about a particular cryptocurrency or the overall market, manipulators can create a temporary downturn in prices.

5. Technical Factors: Sometimes, technical indicators or chart patterns may suggest a breakdown is imminent, leading traders to sell their positions. However, these signals can be false or manipulated, causing a fake breakdown.

Traders and investors need to remain vigilant and conduct thorough analysis before making trading decisions based on market movements.

All the best and continue to enjoy my educational Content, thanks 🙏

#crypto2023 #bulls #fuds.

After [being sued by SEC and] exiting Canada, deregistering in Cyprus, having problems with banking in Australia, being under investigation for money laundering in France, failing to acquire a license in the Netherlands, and canceling its UK license… Now Binance, widely thought of as having a branched and opaque structure, issues "cease and desist" twice a week to the UK and Nigerian firms with similar names, denying any affiliation with them. What's going on there? Is it just another FUD this time, or is a world-leading crypto exchange trying to distance its main operation from troubled local companies?

Read the full story 👇

https://www.metatalks.ai/binances-legal-action-against-two-scam-companies-in-a-week-whats-going-on-there/

#Binance #SEC #regulations #lawsuit #fuds.

$BTC $ETH $BNB

Breaking News: To all Crypto Traders and Hodlers

This is due to my experience which I have gained at the time when FUD occurs. The US is the best Hodler Of Bitcoin, so they are trying to make FUD buy the dip. So no need to fear when FUD occurs. When you see FUD occurs you might think to yourself this is an opportunity to buy the dip, although sometimes the history or the past can not guarantee the current situation.

Here is a picture that shows cryptocurrencies starting to gain a moment showing a positive sign for the bull market again, even at this time writing this article soon we might be going to see most of the cryptos skyrocketing 🚀 to the moon(picture in 1hr time frame).

So according to my experience, it might be better time to buy right now, if you are a spot trader buy it, and you are a future trader long your positions.

We should remember our slogan buy when there is fear and sell when there is greed, let's don't make any mistakes when we read this article and we may take our decision seriously. (not compulsory so better to do your research)

I see also Lunc, BTC, BNB, ETH, CHZ, and all other coins gaining moment this is the best opportunity for you to buy the dip.

Ignore any FUD even the current FUD from SEC also ignore it. Binance CEO responds in a beautiful manner telling his community not get trust to this FUD.

The FUD should put your mind to buying more rather than selling at a loss or you should wait until FUD is ended!

This article is for information Only don't take it as financial advice and make sure you invest in Crypto that you can afford to lose also Do Your Research before investing in crypto and don't take this article as Financial Advice!

Thanks 🙏

#fuds.