🚨 BITCOIN BREAKING NEWS!!!!!! BINANCE TO AQUIRE FTX!!!!!!!! WTF IS HAPPENING?!!!
What's going on guys kdub here with yet Another update I know I just put a video Out literally as I was uploading the Video this news came out and everything That everyone had thought about with FTX Potential insolvency and bankruptcy Looks like it could have actually turned Out to be true this is insane guys so Sam comes out and says hey all I have a Few announcements to make things have Come full circle and ftx.com's first and Last investors are the same we have come To an agreement on a strategic Transaction with binance for ftx.com yes This is actually True News it looks like Sam and Friends actually felt the heat Under the pressure and if we come over Here CZ verified this he says this Afternoon FTS asked for help there is a Significant liquidity crunch so you know We were joking about potentially Celsius 2.0 guys it looks like there really was An issue with FTX and this fud could Turn out to be true they say to protect Users we have 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 and if we go back over here to Sam He says our teams are working on Clearing out the withdrawals backlog as Is this will clear out liquidity Crunches all assets will be covered one To one so that's good at least you know
You know CZ swooping in to save the day Again so luckily guys if you are using FTX Um you know just get your money off FTX I mean now that you know obviously cz's Coming in I guess that's good but they Say this is one of the main reasons We've asked binance to come in it may Take a bit to settle we apologize for That but the important thing is that the Customers are protected a huge thank you To CZ binance and all of our supporters This is a user-centric development that Benefits the entire industry CZ has done And will continue to do an incredible Job of building out the global crypto Ecosystem and creating a Freer economic World and they talk about rumors about You know the the beef in the media but Guys ultimately this is huge this is Massive now look I'm not saying that we Should necessarily have binance be this Giant conglomerate right we don't want To have a monopoly on all the Centralized exchanges either however you Know in my opinion you know Sam has been Coming under a lot of fire recently we Know he's been lobbying for some things Particularly uh you know the you know Anti-decentralized exchange the bit License and all that stuff that's been Going on behind closed doors and I think That you know believe it or not this is Actually a victory for the crypto space
I you know CZ they have the binance Chain BSC right they do believe in you Know having that decentralized and Centralized aspect you know harmoniously Together and I'm really on board with This this is crazy news it's insane how Fast this escalated obviously this is Creating a bit of turmoil in the markets Right uh as I was making my video we Were down around 1903 I said that was a Great opportunity to buy we did pump Back up this news came back out the Price came back down so the markets are Just like what the heck is going on Right now what a crazy day it is though But guys let me know what you think About this are you happy about CZ Acquiring FTX are you mad is this too Much of a monopoly on binance the only Thing that I know is if I had to take a Pic between CZ or Sam not that we really Need any centralized figurehead leader CEO really but ultimately I would say That CZ has the people's interest Definitely a lot more uh than Sam does You know that's my opinion so yeah and Guys obviously um you know trading on Binance is great they're not really too Friendly with the US citizens if you Want to trade on binance us there's like Five coins you could pick over there Obviously you guys know I still stick With bit get that's my exchange of Choice look at this guys we're right
Back down at that level again so this is Why I said in my previous video be Careful be careful get that Consolidation right make sure you get Subscribed to the channel make sure you Turn on the Bell notifications we're Going to be monitoring this price very Very actively follow me on Twitter at The crypto zombie and once again guys Let me know what you think about this Below that's it for me and of course if You guys do want to learn how to trade Do be safe check out the tutorial Popping up right here right now be safe Out there wild times I'll see you guys Tomorrow crypto zombie out