Temporary pause of Bitcoin withdrawals on Binance
I recently watched some traditional cable and was shocked by the number of crypto ads bombarding viewers.  I have to imagine that this market was goosed up by retail investors trading on coinbase and binance just as the e-betting market was.  The only difference between crypto and e-betting is that everyone got to be a winner on the crypto markets for a while.  As users lose out, and exchanges stop ad campaigns - how long will that last?<p>Crypto needed a tangible market&#x2F;reason d&#x27;etre to be valuable. This required lower transaction fees, cheap audits, and a reasonable degree of price stability.  We haven&#x27;t seen any of that materialize except for cheap auditing.  Cheap auditing isn&#x27;t much use if there isn&#x27;t anything of interest to audit.<p>I&#x27;d doubt BTC will go to zero, but I wouldn&#x27;t be surprised if the entire covid rally gets wiped out and we see BTC 6k again.