The year 2023 came to a close with some unexpected events for the crypto community. Just yesterday, the native token of the Tellor Tributes protocol came under the spotlight by experiencing a fleeting bull run before collapsing. This situation was nonetheless pleasing to the whales. Let's take a tour!
With over 100 million users, Binance easily claims the title of the world's largest cryptocurrency exchange. If CZ's exchange were to fall victim to the initiatives of U.S. regulators, others (Kraken, Coinbase, and the like) would melt away like snow in the sun. And apparently, the U.S. Department of Justice is preparing to launch an assault on this crypto behemoth with feet of clay.
At the heart of the technological fray, cryptocurrency giants weave their web. Binance, one of these titans, faces a major challenge: the burning issue of liquidating its US operations.
Is the bull run imminent or still a long way off? There's no denying that recent events have been in bitcoin's and XRP's favor, with many believing that the bull run was finally upon us. But if recent events are anything to go by, the crypto community still needs to be patient.