Crypto Traders Unmoved by Binance’s Guilty Plea, Remain Bullish on Bitcoin

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Crypto Traders Unmoved by Binance’s Guilty Plea, Remain Bullish on Bitcoin
Crypto traders appear to be unbothered about the industry-shaping events of the last 24 hours. On Tuesday, November 21, reports circulated that both Binance exchange and its chief Changpeng “CZ” Zhao had agreed to a criminal settlement that would see the exchange pay $4.3 billion in fines.  However, such a high-profile situation that eventually led to CZ leaving his role as CEO of Binance has not distracted traders from their interest in Bitcoin.
For what it’s worth, the Binance case may be the biggest one that the crypto market has seen since the collapse of the FTX exchange last November. But while it was expected to bring about some panic among traders, the reverse may just be the case.
Bullish Sentiment for Bitcoin after the News on Binance Case
Pointing out the remarkable stance of traders, over-the-counter institutional crypto trading network Paradigm confirms that the options market i

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