“Binance is going to announce the acquisition of CoinMarketCap later this week”. Several respected news sources such as TheBlock and Forbes are reporting on a $400 million deal that is in the last stage for Binance to acquire CoinMarketCap. This would make it one of the biggest deals in crypto, ever.
CoinMarketCap is the most-visited crypto website in the world, while Binance is one of the most-visited crypto websites and the biggest cryptocurrency exchange in the world. Binance has the cashflow to do strategic acquisitions and this seems to be their biggest one so far.
A genius move or is there a conflict of interest? My thoughts in this video.
#Binance #CoinMarketCap #crypto
———————————————————————————————————————————————————–
Follow me on Twitter:
Tweets by QuintenFrancois
Follow me on Facebook:
https://www.facebook.com/YoungAndInvesting1
Join the “Cryptocurrency Investing” Facebook group: https://www.facebook.com/groups/480785485606417
———————————————————————————————————————————————————–
Register on Binance: https://www.binance.com/?ref=10813220
Register on Coinbase: https://coinbase-consumer.sjv.io/gdrEB
———————————————————————————————————————————————————–
Buy a Ledger hardware wallet: https://www.ledger.com?r=a1e80b98f316
Buy a Trezor hardware wallet: https://shop.trezor.io/?offer_id=10&aff_id=3338
———————————————————————————————————————————————————–
source
