Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from regulators, and is intended to emphasize the exchange’s transparency with its users.BNB has been exhibiting accumulation trends since 22nd August, however, similar patterns from 12th June to 11th August suggest potential challenges for the coin. Currently, BNB is priced at $209 after a 5% dip from its weekly high, and on-chain data such as the Weighed Sentiment metric has declined since September’s last week. If the market continues with its current low-demand trends, BNB might face a substantial correction.
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Information |
Details |
Geography |
Global |
Countries |
|
Sentiment |
neutral |
Relevance Score |
8 |
People |
Colin Wu, Wu Blockchain |
Companies |
Binance, eToro, Wu Blockchain, FCA, FINRA, CySEC, Coinbase, SEC |
Currencies |
Bitcoin, Ethereum, Tether, BNB |
Securities |
None |