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Important News for the Crypto Currency Market

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#cryptocurrency #crypto #elonmusk Tesla CEO Elon Musk made a follow-up via his official account on Twitter to the #okx cryptocurrency trading platform on Twitter during the early hours of Friday, which led to a rise in the price of the OKB digital currency of the OKX platform, after Elon Musk followed them on the platform. Social Media.

#cryptocurrency #crypto #btc #bitcoin The co-founder and chief market strategist at Path Trading Partners, Bob Iachino, stated that investing in Bitcoin is not recommended for the short term.

#cryptocurrency #crypto #btc #bitcoin French accounting firm Mazars decided to suspend service to cryptocurrency clients including Binance clients, despite the fact that this firm was issuing Proof of Reserves reports which cryptocurrency exchanges need to prove their financial strength.

#cryptocurrency #crypto #btc #bitcoin Bitcoin was damaged in light of the strengthening of fears in the markets about the continuation of raising US interest rates and tightening monetary policy to curb inflation, especially after US Federal Reserve member John Williams said on Friday that the bank is committed to returning inflation to a rate of 2%; Which means that if the US Federal Reserve approves further rate hikes, the peak level could be higher than the rate expected at the FOMC meeting earlier in the week.

#cryptocurrency #crypto #btc #bitcoin Bitcoin was damaged in light of the strengthening of fears in the markets about the continuation of raising US interest rates and tightening monetary policy to curb inflation, especially after US Federal Reserve member John Williams said on Friday that the bank is committed to returning inflation to a rate of 2%; Which means that if the US Federal Reserve approves further rate hikes, the peak level could be higher than the rate expected at the FOMC meeting earlier in the week.

#cryptocurrency #crypto #binance #usa #china The US senator has accused Binance of being controlled by the Chinese government, adding that Binance is spread all over the world and is supported by the Chinese government. It is noteworthy that the CEO of the Binance digital platform, Zhao Hu, confirmed during a tweet via his official Twitter account earlier that the platform is in a strong financial position, and is able to withstand any cryptocurrency winter during the coming period.

#cryptocurrency #crypto #binance #bnb A US Senate official warned of the seriousness of the collapse of the Binance digital platform, during the Senate hearing on FTX events held by the Senate Banking Committee. In this context, US Senator Bill Hagerty said that Binance is doing business in emerging markets in a very greedy way, and that Binance is seven times larger than the FTX platform in terms of trading volume. The US official expected that the market share of the stock exchange would grow after the collapse of its main competitor, FTX, and that if Binance were to collapse like the FTX platform, this could have serious catastrophic consequences, especially since the platform lacks transparency regarding its reserves and that regulators have limited influence on the platform.

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