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Over the past year, we have witnessed a significant amount of FUD circulating within the crypto exchange space, followed by several bank collapses. While it had been some time since we last heard news about bank failures, the narrative has shifted once again, and we can observe the return of FUD surrounding exchanges.

You may already be aware of some recent developments:

Bittrex US has ultimately shut down its operations after nine years in service.
Binance has made the decision to withdraw from Canada due to regulatory disagreements.
Binance Australia is limiting its services following the removal of fiat-on-ramp and the winding down of derivatives offerings.
Binance will no longer process deposits and withdrawals for its UK clients.
The most recent FUD rumor revolves around Gate.io exchange, potentially linked to Multichain token transfers and the CEO's disappearance.
What I'm noticing is a global hunt targeting crypto exchanges, with attempts to either cease their operations or prevent retail investors from entering the market during one of the most opportune times in its history.

Moreover, in conjunction with the FUD surrounding Ledger and the failure of crypto exchanges, big money players are pressuring retail investors to exit the crypto markets. To some extent, it seems that many retail investors remain overly optimistic about the potential of cryptocurrencies, while big money is determined to push them towards capitulation levels, regardless of the cost.

I'm curious to hear your perspective on these developments. What are your thoughts?

Lesson to learn: Do not follow the FUD and FEAR!

Join us at our regular weekly Meet up in Auckland CBD at 6 PM - Introduction to Bitcoin & sharing some tips about crypto markets.

https://www.meetup.com/cryptolearn/events/292003042/

Getting started with Bitcoin Introduction, Thu, Mar 9, 2023, 6:00 PM | Meetup # # What we're about We welcome you to our next Bitcoin & Crypto introduction meet up. If you are new to this topic and would like to learn about Bitcoin long term investm