From Bloomberg. The part before the paywall says it all already. The rest of the article is inline.
Matt Levine’s Money Stuff: The CFTC Comes for Binance https://t.co/u1AqXuxZvi
Est 60 min ish ETA. Our team's doing pre-trading tests now. For those new with us, our resume SOP is roughly as follows:
Announcement with exact times (soon).
Deposit enabled (done now).
Internal transfers enabled (done now).
30 min of cancel-only mode (not yet)
Resume trading
Enable withdrawals, usually 1 hr after trading.
There is a lot of tasks and real-time cross checks happening in the background before and after each step.
Thank you for your understanding and support!
You can cancel orders now. Trading resumes in 20 min, at 6PM Dubai time.
» Binance Temporary System Maintenance Complete (2023-03-24) | Binance Support https://t.co/orAYziTMyx
Zoom out. #Bitcoin price in 4 year bars/cycles
Jan 2009: $0
Jan 2013: $14
Jan 2017: $1,013
Jan 2021: $34,000
Jan 2025: _________________
https://t.co/nyxzSVbFmU
Historically, #bitcoin's price increased by 2 digits (100x) every 4 years, so far.
Disclaimer: History does not predict the future. Not a prediction. Not financial advice.