Binance is fully acquiring FTX

[Crypto Marketing]

Yes you read it right Binance is fully acquiring FTX!

Massive and the most surprising news of crypto history.

CZ: This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.

SBF: "We Have Come to an Agreement on a Strategic Transaction With Binance for FTX Com"

After the news markets immediately went up.
BTC up 4%
FTT up 40%

Insane day

Source:

https://twitter.com/x/status/1590012124864348160

https://twitter.com/x/status/1590013613586411520

 

[INCC]

Binance will absolutely dominate crypto.

They already are, but still.

 

[TomTheCat]

In a healthy economy, companies SHOULD fall. This doesn't sound good. Just my opinion.

 

[HustleTong]

Boss move. Else, FTT token would end up like LUNA

 

[Crypto Marketing]

Binance will absolutely dominate crypto.

They already are, but still.

Agree. BNB is already 20% up btw

 

[khloros]

Market cannot handle another token liq crash

 

[Crypto Marketing]

Binance will absolutely dominate crypto.

They already are, but still.

Agree. BNB is already 20% up btw

 

[rodmarb2b]

Wow!!
Is it amazing?
Is it nice?
Is it bad?
Will we need Binance to save the crypto world?
Will they the entire crypto world?

 

[MisterF]

hasn't made such an impact on the markets.

BTC just now
24H %
-0.88%
24H Low
$19,250
24H High
$20,889.47

 

[Crypto Marketing]

hasn't made such an impact on the markets.

BTC just now
24H %
-0.88%
24H Low
$19,250
24H High
$20,889.47

This news was published less than 40 minutes ago.

BTC
1h%
+6,25%

 

[moonshine7000]

That is one reason you should have your crypto off the exchange and to a secure cold wallet

 

[inf0rthemix]

FTX is the old Blockfolio app (for the new in crypto here) and until this day there is probably no other app to give you this kind of options to create a multiple portfolios.
In addition you can add API keys from exchanges to track your transactions there, which is also innovative.

Smart move from CZ.

 

[SewerRatBoy]

Not enough to get BTC back to $50K, but cool in the short term

 

[Makanake]

In a healthy economy, companies SHOULD fall. This doesn't sound good. Just my opinion.

indeed ,dont understand why peeps get excited.Especially when a market is dominated by a single company...

 

[Crypto Marketing]

FTX is the old Blockfolio app (for the new in crypto here) and until this day there is probably no other app to give you this kind of options to create a multiple portfolios.
In addition you can add API keys from exchanges to track your transactions there, which is also innovative.

Smart move from CZ.

CZ is a straight up genius. First he sees FTX is struggling, decides its the perfect time to dump his 2 billion worth of FTX tokens, furthering FTX into the red while they liquidate assets trying to defend FTT price.. Now that FTX is fully over the barrel he politely offers to take it all off of SBF's hands.

CZ just gave us a masterclass in business tactics.

 

[Salamouna]

Voyager sold to FTX. FTX sold to Binance. Binance is now a monoply. This isn’t decentralized anymore.

 

[Cypherpunk Zero #4027]

This was a killshot by CZ

 

[ADA Lovelace]

After the news markets immediately went up.
BTC up 4%
FTT up 40%

Insane day

I hope it helps you as experience about where you are

 

[Crypto Marketing]

I hope it helps you as experience about where you are

Don't worry I know where I am. It's still fascinating what influence they have on the market.

 

[jasonforrest]

Boss move. Else, FTT token would end up like LUNA

It is heading towards a LUNA situation.

Everyone, try to remember who ever told you, suggested, convinced you into buying shit like FTT, Luna, CEL, and why... they were basically all ponzi's.

Buy Bitcoin and HODL. That is the only consistently great thing in the long term.