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Binance Fight Money Laundering Claims, As Cardano and Bitgert Stabilizes

IndustryTrends

As the crypto markets are enjoying a breather today, with Cardano (ADA) and Bitgert (BRISE) posting stable performances, Binance Coin (BNB) is posting the biggest fall in the top 10 coins. In fact, Binance (BNB) is down 7% in the past 24 hours to trade at $257, while the global marketcap had increased 0.83% during the same period.

In fact, while Binance Coin (BNB) was plummeting, Cardano (ADA) was posting an increase and was in the green for the past 24 hours. The Binance coin has been dealing with a 'transparency' issue in the past two days after the reserve report.

The report shows that the Bitcoin reserve for this project has been overcollateralized. There have also been reports of a huge movement of funds on the exchange, with some big crypto market makers withdrawing a huge amount of funds in the past few weeks.

This report has U.S. prosecutors considering criminal charges for possible money laundering against Binance and its executives. This includes charging Changpeng Zhao, Binance Founder, and CEO, with this crime. This news has spooked investors to withdraw, hence the falling Binance market value.

Although Changpeng Zhao has commented on the issue by asking investors to 'ignore the FUD,' the Binance exchange had seen almost $1B of net outflows in the past 24 hours as of writing. The next two days will be crucial for the Binance coin.

Cardano (ADA) and Bitgert (BRISE) Have Been Stable

The crypto market is enjoying a breather this morning, with most of the coins experiencing a slight recovery from the past few days' decline. Almost all the coins have been green for the past 24 hours, with Cardano (ADA) and Bitgert (BRISE) being among the coins with stable price performance.

Cardano (ADA) and Bitgert (BRISE) prices are first stable because the market bulls are growing stronger today. If these bulls continue growing stronger, then we are looking at a bullish Cardano (ADA) and Bitgert (BRISE) in the next few days. Therefore, so much is coming up in the next few days.

However, Bitgert (BRISE) is projected to post one of the biggest price growths in the next few days and might actually experience a bull run. This is because of the massive developments that the Bitgert team is delivering, especially the roadmap V2, which are some of the reasons Bitgert might post a bull run.

Therefore, Bitgert (BRISE) might be the best coin to buy today. It has the potential to reward investors bigger than Cardano (ADA), Binance Coin (BNB), and other big coins this month.

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