Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

On September 17th, based on market data, BNB has exceeded $949 and reached a new all-time high. It is currently trading at $949.75, with a 24-hour price change of 3.38%.

September 17th. According to the report in the Financial Times, the UK and the US have declared that they will enhance cryptocurrency cooperation, with a particular emphasis on stablecoin transactions.

On September 17th, based on market information, Binance is on the verge of reaching an agreement to have the compliance monitor imposed by the U.S. Department of Justice (DOJ) lifted. The final decision on whether to remove the Binance monitor has not been made yet, and the DOJ has been conducting a review of the compliance monitoring arrangement in the settlement agreement.

On September 17, within the past 24 hours, a cumulative amount of $167 million was liquidated across the entire network. Among them, there were $113 million in long liquidations and $53.6185 million in short liquidations. A total of 84,230 people were liquidated globally. The largest single liquidation took place on OKX - ETH-USDT-SWAP, amounting to $1.135 million.

On Tuesday, September 17th, driven by the weakening of the US dollar and the market's clear anticipation of a Fed rate cut, the price of gold once surged and broke through $3700 per ounce, reaching a historical high. Exness strategist Eric Chia stated, "If the Fed's policy guidance fails to meet the market's expectations for a dovish stance, gold may face short-term selling pressure. Nevertheless, as long as the Fed confirms multiple rate cuts, it will provide support for the upward trend of gold prices and potentially drive it to reach a new all-time high." In addition, continuous gold purchases by central banks, the inflow of gold ETF (Exchange-Traded Fund) funds, and the escalating geopolitical tensions have increased the market's demand for safe-haven and inflation-hedging assets, all of which have jointly supported this rise in gold prices. (Jin10)

On September 17th, Movement Labs has undergone a formal transformation into an L1 blockchain in order to enhance performance, support native staking, and launch Move 2.0.