Wall Street’s push to control crypto

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Dear Reader,

Is the U.S. government trying to sue major crypto players out of existence?

And is there an ulterior motive behind their legal pursuits?

In June, the SEC went after Binance and Coinbase. 

Since then, Binance's spot trading market share has fallen.

Seven straight months. 

In January, Binance boasted a 55% market share. 

Today it hovers at around 34%. 

Last month Binance.US saw volumes plummet to new lows as well. 

Binance co-founder and CEO Changpeng Zhao isn't doing that great, either. 

His net worth soared to a peak of almost $97 billion in January 2022.

Today, it's barely $17 billion — an 82% drop. 

Where things get interesting is…

While the crypto pioneers are getting arrows in their backs…

Wall Street's biggest asset management company, Blackrock, is perhaps days away from having the SEC approve its spot Bitcoin ETF. 

Hmn?

Makes you wonder. 

Should the Bitcoin ETF get approved…

It's likely to drive the entire crypto market. 

By having access to Cointelegraph Markets Pro…

Investors can catch trades they would otherwise miss completely. 

Regards,

Max K.
Markets Pro Team

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