DOJ Seeks $4 Billion in Binance Settlement, CoinDesk Acquired by Bullish
Nov 20, 2023
Market Update U.S. equities are rising to start the week ahead of the Thanksgiving holiday. The SPX (+0.45%) is trading at $4,535, while the NDQ (+0.76%) is approaching $16,000. Investors will be watching Nvidia’s earnings release tomorrow, potentially serving as a catalyst for AI-related names. Crypto markets are rising following news that the U.S. Justice Department is seeking $4 billion in penalties from Binance in exchange for settling its criminal case against the exchange. $BNB has risen 5.80%, while $BTC (+0.27%) and ETH (+1.81%) are trading above $37.5k and $2k, respectively. All e