My Actifit Report Card: June 5 2023 - Crazy Crypto Crash - SEC And Binance

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(Edited)

Did you see crypto prices dive today? This video might help explain it. Altcoin Daily is one of the most popular YouTube crypto channels with over 1.3 Million subscribers! I think they sometimes shill sponsors a bit much but they do a good job covering crypto news.

Today they explain the news about the Securities and Exchange Commission sueing Binance and CZ's response. Might be helpful as you're doing your own research. This video is only 4 hours old and already has 30K views! It's short for a News video, just under 10 minutes. Watch it at a faster speed and it takes even less time!


MY ACTIVITY

was a nice walk under cloudy skies. No moon to admire as I took my steps in room temperature air, not too hot or cold.

Have a nice day!!!

❤👍❤👍❤👍❤


This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io


05/06/2023
7432
Daily Activity, Walking



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13 comments
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I have not checked it yet. Thanks for sharing informative news.

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It was really a bad day in the crypto space

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Yeah. I often get notified by the drop of crypto coin prices. Well, I think it will get back up someday.

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Hopefully Binance and Crypto Market will recover from this , otherwise we are in the dark age of crypto.

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thank you so much for sharing the report and video, have a nice day

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That's the surprising part to experience in cryptocurrency.

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The way we have seen the recovery in the market this time, even now, Bitcoin is above 27 thousand dollars, these people can do whatever they want, we see that people have a lot of trust in this industry.

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🤔😓 uh oh. More drama..

Physical assets are looking better and better to me.

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Binance doesn't have a good relationship with US authorities for years so I wasn't surprised. For sure, things will go well eventually.

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Altcoins are suffering the largest losses following the SEC’s lawsuit against Binance and its CEO Changpeng “CZ” Zhao.

Among the allegations are that the exchange offered a number of unregistered securities to the general public, among them not just Binance’s BNB token and its BUSD stablecoin, but also Solana (SOL), Cardano (ADA), Polygon (MATIC), Coti (COTI), Algorand (ALGO), Axie Infinity (AXS), Filecoin (FIL), Cosmos (ATOM), Sandbox (SAND) and Decentraland (MANA).

The entire cryptocurrency market is in the red on the news, including declines of 5%-10% in most of the above tokens.

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