Is it a good time to buy Bit coin now? It has dropped to US$34,156 today.

[Hypocrite-The]

$16.9k?

6.9k

 

[CoffeeAhSoh]

time to buy ...

 

[CoffeeAhSoh]

WASHINGTON/LONDON, Nov 8 (Reuters) - Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX's non-U.S. unit to help cover a "liquidity crunch" at the rival exchange, in a stunning bailout that raised fresh concerns among investors about cryptocurrencies.

The deal between high-profile rivals Sam Bankman-Fried, FTX's CEO, and Binance CEO Changpeng Zhao came as speculation about FTX's financial health snowballed into $6 billion of withdrawals in the 72 hours before Tuesday morning.

 

[CoffeeAhSoh]

 

[Merl Haggard]

Temasek & Softbank are fucked big time. Last night Softbank's Grab & WeWork plunged 10% at Wall Street.

 

[glockman]

Hope you guys are holding on to your BTC. Target USD100,000. Huat ah!!