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 Binance 39B USDT move gains community attention amid DoJ settlement claims

Binance 39B USDT move gains community attention amid DoJ settlement claims


Published: 2023-11-21


1. Binance's $3.9B USDT Move: Binance,one of the world's largest cryptocurrency exchanges,recently moved approximately $3.9 billion worth of Tether (USDT). This significant transfer has drawn attention from the community. It is worth noting that USDT is a stablecoin,pegged to the value of the US dollar,and widely used for trading cryptocurrencies. While the exact motive behind this move remains unclear,it suggests Binance's strategic approach to managing its digital asset reserves.

2. Community Attention Amid DOJ Settlement Claims: Besides the large USDT transfer,Binance has also attracted attention due to recent claims about a potential settlement with the U.S. Department of Justice (DOJ). These claims imply that Binance may face legal consequences related to its activities in the United States. While the specifics of the settlement are still unknown,the news has raised questions about Binance's regulatory compliance and its potential impact on the wider cryptocurrency ecosystem.

3. Implications for Binance and the Crypto Market: The combination of the massive USDT move and the reported DOJ settlement claims has significant implications for Binance and the broader cryptocurrency market. Binance's decision to transfer a substantial amount of USDT suggests a proactive approach to managing liquidity and possibly reducing risk. However,the uncertainty surrounding the reported settlement and potential legal implications leaves room for speculation and uncertainty within the crypto community. Investors will be closely watching developments as these events could impact market sentiment,regulatory actions,and future strategies adopted by Binance. Overall,the article highlights Binance's recent $3.9 billion USDT move and the attention it has garnered within the community. Additionally,the reported settlement claims with the DOJ bring further focus on the exchange's legal situation. These events have broader implications for Binance and the crypto market as a whole,leading to increased scrutiny and potential repercussions both for Binance and its users.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,093.20 1,447,703,025.10
2 BTC title=BTC 64,068.00 1,174,038,135.94
3 ETH title=ETH 3,140.01 683,009,947.75
4 SOL title=SOL 146.05 309,550,922.02
5 PEPE title=PEPE <0.01 297,298,971.32
6 DOGE title=DOGE 0.16 264,676,184.09
7 WIF title=WIF 3.24 161,362,796.89
8 WLD title=WLD 5.73 132,934,836.09
9 BOME title=BOME 0.01 109,617,493.10
10 NEAR title=NEAR 7.43 108,540,334.18
11 RNDR title=RNDR 10.01 108,143,658.27
12 BONK title=BONK <0.01 81,001,873.74
13 AR title=AR 40.32 78,829,838.64
14 ETHFI title=ETHFI 4.13 76,351,051.07
15 ARKM title=ARKM 2.62 72,304,778.27
16 ENA title=ENA 0.82 71,331,183.12
17 FLOKI title=FLOKI <0.01 65,343,672.50
18 AVAX title=AVAX 37.14 65,289,462.83
19 XRP title=XRP 0.53 59,213,427.59
20 GLM title=GLM 0.62 54,261,734.71
21 SUI title=SUI 1.10 49,554,797.39
22 OP title=OP 2.91 44,525,542.46
23 ORDI title=ORDI 40.31 40,882,376.33
24 RUNE title=RUNE 5.22 37,353,969.81
25 AGIX title=AGIX 0.98 37,036,872.04
26 FIL title=FIL 6.13 34,563,869.01

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Arkham title=ARKM 2.62 +14.62
2 NFPrompt title=NFP 0.50 +14.33
3 TerraClassicUSD title=USTC 0.02 +13.83
4 Worldcoin title=WLD 5.73 +12.26
5 Arweave title=AR 40.32 +12.09
6 Render title=RNDR 10.01 +11.22
7 Any Inu title=AI 1.17 +11.14
8 Reserve Rights title=RSR <0.01 +10.71
9 IQ title=IQ 0.01 +9.71
10 SingularityNET title=AGIX 0.98 +9.59
11 Ocean Protocol title=OCEAN 0.99 +8.98
12 NEAR Protocol title=NEAR 7.43 +8.86
13 Ethernity Chain title=ERN 4.47 +8.65
14 Vanar Chain title=VANRY 0.19 +7.69
15 Cortex title=CTXC 0.36 +7.58
16 Golem title=GLM 0.62 +7.16
17 Cosmos Hub title=ATOM 9.30 +6.76
18 Numeraire title=NMR 26.78 +6.44
19 iExec RLC title=RLC 2.82 +6.41
20 AdEx title=ADX 0.22 +6.22
21 JasmyCoin title=JASMY 0.02 +6.15
22 BarnBridge title=BOND 3.19 +5.97
23 Terra title=LUNA 0.64 +5.76
24 Phala title=PHA 0.20 +5.39
25 SelfKey title=KEY <0.01 +5.20
26 Civic title=CVC 0.17 +5.13
27 Voyager title=VGX 0.09 +5.11
28 dYdX title=DYDX 2.27 +4.76
29 TrueFi title=TRU 0.11 +4.15
30 SuperRare title=RARE 0.12 +4.10

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 REZ 0.17 -9.95
2 W 0.68 -8.13
3 Komodo title=KMD 0.39 -6.06
4 DataBot title=DATA 0.06 -5.61
5 dogwifhat title=WIF 3.24 -5.46
6 Bonk title=BONK <0.01 -4.21
7 BOOK OF MEME title=BOME 0.01 -4.08
8 Shentu title=CTK 0.70 -3.71
9 LeverFi title=LEVER <0.01 -3.54
10 SafePal title=SFP 0.80 -3.36
11 Alpine F1 Team Fan Token title=ALPINE 1.88 -2.85
12 Request title=REQ 0.13 -2.73
13 1000SATS (Ordinals) title=1000SATS <0.01 -2.72
14 Ontology Gas title=ONG 0.59 -2.66
15 Lido DAO title=LDO 2.02 -2.61
16 Lisk title=LSK 1.92 -2.39
17 Viction title=VIC 0.63 -2.37
18 Stacks title=STX 2.30 -2.36
19 FLOKI title=FLOKI <0.01 -2.36
20 Lazio Fan Token title=LAZIO 3.01 -2.12
21 Alpaca Finance title=ALPACA 0.18 -2.10
22 BENQI title=QI 0.02 -1.97
23 AS Roma Fan Token title=ASR 3.61 -1.96
24 Ethena title=ENA 0.82 -1.93
25 Amp title=AMP <0.01 -1.90
26 Cats Of Sol title=COS 0.01 -1.80
27 Injective title=INJ 24.27 -1.78
28 Clover Finance title=CLV 0.08 -1.75
29 Voxies title=VOXEL 0.24 -1.73
30 WINkLink title=WIN <0.01 -1.67

Bitcoin's Greed and Fear Index.

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71
Greed

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US news that has a significant impact on the market

at news day date time
1 FOMC Member Barkin Speaks Monday 06-05-2024 17:50
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3 Loan Officer Survey Monday 06-05-2024 19:03
4 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
5 Consumer Credit m/m Tuesday 07-05-2024 20:00
6 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
7 Crude Oil Inventories Wednesday 08-05-2024 15:30
8 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
9 10-y Bond Auction Wednesday 08-05-2024 18:01
10 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
11 Unemployment Claims Thursday 09-05-2024 13:30
12 Mortgage Delinquencies Thursday 09-05-2024 15:00
13 Natural Gas Storage Thursday 09-05-2024 15:30
14 30-y Bond Auction Thursday 09-05-2024 18:01
15 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
16 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
17 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
18 FOMC Member Barr Speaks Friday 10-05-2024 18:30
19 Federal Budget Balance Friday 10-05-2024 19:00

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