Binance Executives Depart, Jesse Powell's Home Raided by FBI
Jul 7, 2023
Market Update After a sharp downward move in equity indices following a blowout ADP report, the $SPY (+0.64%) and $QQQ (+0.74%) have stabilized in Friday’s trading, as the US nonfarm payrolls report showed 209k jobs added in June versus 230k expected. Crypto markets have shaken off negative headlines regarding key Binance executives exiting the firm amid claims they did not support Changpeng Zhao’s (CZ) response to an ongoing DOJ investigation. CZ addressed the claims on Twitter, once again downplaying the hostile press and helping restore investor confidence. His efforts seem to have wo
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