US Treasury Demands Binance Adhere to Compliance Agreement
- Compliance Demand Intensified: The US Treasury Department sent a private letter to Binance urging adherence to a three-year oversight program established under a $4.3 billion settlement from 2023, indicating heightened scrutiny over Binance's compliance efforts.
- Funds Flow Investigation: Reports allege that approximately $1 billion moved through Binance to Iran-linked entities, prompting US senators to question Binance's compliance and request a formal report from the Treasury to confirm adherence to the settlement terms.
- Internal Warnings Ignored: Allegations surfaced that Binance dismissed staff who warned executives about transfers linked to Iran, potentially exacerbating regulatory scrutiny and impacting the company's market reputation amid ongoing investigations.
- Former CEO's Public Remarks: Former Binance CEO Changpeng Zhao stated at a Miami conference that he has been “trying to avoid the US” while suggesting a revival of Binance.US, although he declined to return to a leadership role, reflecting the company's strategic adjustments in response to regulatory pressures.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP). As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.972 | 2.108 | 2.246 | 2.382 | 2.52 | 2.656 | 2.794 |
| Fibonacci | 2.108 | 2.212 | 2.277 | 2.382 | 2.486 | 2.551 | 2.656 |
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