There is a rumour of FTX insolvency

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Just went long at $9.085. No real money (I don't do discretionary trading), but‍ you can laugh at me tomorrow if it goes to zero.

If Binance does "fully⁠ acquire" FTX, then I wonder if the FTT buyback and burn programme will continue.
 
The bull has arrived. A halt in trading is more likely before it goes to⁠ zero. But you may do well fingers crossed. No risk no gain.
 
Trust is waning. What else should he post to assure the naive masses ....
Let's wait⁠ and measure him by his actions.

Meanwhile BTC (and with it the rest of the⁤ crypto market) is collapsing.
 
This thing unveiled much more problems‍ on the crypto space..... nevertheless a visit to 15k or even 12k was always on⁠ the cards
 
F***. Id mentally prepare for a mt. gox incoming with a best case being the bitfinex‌ case.
 
FTT @4.64'ish. Damn its a cold world out there. CZ done one massive flex on‌ FTX showing them who the daddy is....lol.
 
The real party will start when Tether is revealed to be insolvent. Only a matter‌ of time
 
yah we all know the tether fud which‍ I have heard a 1000x by now since 2017. And here we are, tether still⁠ at 1$ at time of this post.
 
How good is the very same fud for ***years***? lol this behavior is not unique to‌ crypto, it is just stupidity and belongs to the same category as the eternal doomsdayer‍ crowd.
 
That is new Fud, if you would be old enough you'd know the‌ Tether fud being around for years and did never materialize lol.

Just to point out‍ a very obvious difference.
Ftx was a shiny object having had NO, 0, nil, zero⁠ stresstests and was being born in up only.

Tether had many MANY stress tests, including⁤ long bear markets and just had their last one last June even in their frontyard⁣ with high contageon (meltdown of stablecoins) and they had like 30% drawdown.
 
Yes, you are right on this point. Still, I prefer to avoid it even if︀ it's a 1% risk. Much rather have USDC or USDP
 
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