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πŸ‘€ How Is Binance Taking Over Crypto?

Binance has just been cleared to acquire this company + Silvergate is on fireeeee and it is getting very scary, Details Inside πŸ‘‡

GM. This is The Seek, your go-to source for crypto insights. We're the bacon to your eggs in the digital currency market, always bringing you the sizzle and the flavor πŸ˜‹

Here's what's on the menu for today: 

  • Binance.US Wins Approval To But Voyager Digital

  • Silvergate Is On Fire

  • Important Dates For The Week

  • The Weekly Meme :)

BINANCE.US WINS VOYAGER DIGITAL

Binance.US, the American arm of the world's leading cryptocurrency exchange, has obtained court approval to acquire the assets of Voyager Digital, a digital asset brokerage platform πŸ’°

The acquisition will allow Binance.US to expand its trading services and offer Voyager's customers access to its vast liquidity pools and trading pairs. This expands Binance's presence in the United States and offers a broader range of digital asset services to its customers.

Will Binance dominate the crypto sector within the United States or will it become the next FTX?

SILVERGATE IS ON FIRE πŸ”₯

Uh, oh Silvergate is on fire, and not in a good way!

Silvergate used to be a major "bridge" for crypto, but now they're falling down. They just revealed a billion-dollar loss and major customers like Coinbase and Tether have cut ties with them πŸ’€

This is scary for many investors especially as banks are second-guessing getting into business with crypto companies thanks a lot FTX, Celsius, and now Silvergate.

IMPORTANT DATES FOR THE WEEK

  • 3/14/2023 - CPI m/m

  • 3/15/2023 - PPI m/m

  • 3/15/2023 - The Seek Newsletter

THE WEEKLY MEME 

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out πŸ‘‡

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.