Sign in

Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon

news.bitcoin.com

On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm's onchain reserves equate to 582,485 bitcoin, while the company's customer net balance is roughly 575,742 bitcoin.

Read in Full: news.bitcoin.com
Bitcoin BTC
$ 70991.8

Timeline of Bitcoin


Bitcoin price analysis: BTC falls below $16,500, takes a step back after its short-lived rally - Cryptopolitan

Bitcoin price analysis shows the bears have won the day after a period of consolidation of around $16,500.Bitcoin reached an intraday high of $16,663, but slowly fell toward $16,500 and tested it as support. However, during the last few hours, Bitcoin's price movement has been battered and is looking for a clear direction.


Bitcoin bears overpower bulls despite stabilising prices; Will BTC drop below $16,000? - Finbold

Bitcoin (BTC) bulls have managed to stabilise the maiden cryptocurrency's price after slumping to a two-year low early in the week. Despite the short-term recovery, Bitcoin is still facing a threat of further correction, considering the market is yet to recover fully from the FTX crypto exchange collapse.


Binance Publishes Proof of Reserves System For BTC, More Assets to Follow - Zycrypto

Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse of giant exchange FTX. However, in a statement, the exchange noted that it would first disclose BTC holdings before sharing details of other tokens and networks “in the next couple of weeks”.


El Salvador President Bukele Launches Special Agency to Handle All Things Bitcoin - BeInCrypto

Nayib Bukele, the President of El Salvador, ordered the creation of the National Bitcoin Office, an agency to handle all things Bitcoin. The post El Salvador President Bukele Launches Special Agency to Handle All Things Bitcoin appeared first on BeInCrypto.


Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect - NewsBTC

BTC's price is rejected from breaking above $16,700 as this region is too strong for bulls.  BTC's price remains bearish in the high timeframe as most traders and investors remain cautious.


Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling - NewsBTC

On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto's price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Last Day As pointed out by an analyst in a CryptoQuant post, the current rise in the CDD is the largest since 6th October.


Bitcoin Price Analysis: Bounce at 16450 - 26 November 2022 - Crypto Daily

BTC/USD Tests 16450 Technicals:  Sally Ho's Technical Analysis – 26 November 2022 Bitcoin (BTC/USD) awaited fresh technical guidance early in the Asian session as the pair moderated after recently trading as high as the 16797.28 level.  Traders tested the 200-hour simple moving average when BTC/USD came off to the 16450.62 area, and similar technical support is currently projected around the 16254 area.


Bitcoin Hashrate Declines As Mining Difficulty Stays At ATH Levels - Bitcoinist

Data shows the Bitcoin mining hashrate has been on a decline recently as the difficulty is currently at all-time high levels. Bitcoin Mining Hashrate Is Down Almost 7% From The Recent High The “mining hashrate” is an indicator that measures the total amount of computing power currently connected to the Bitcoin network.


Bitcoin, Ethereum, and Other Cryptos Are Not Securities, Says Belgian Financial Regulator - BeInCrypto

The Belgian Financial Services and Markets Authority has ruled that Bitcoin and Ethereum are not securities. The post Bitcoin, Ethereum, and Other Cryptos Are Not Securities, Says Belgian Financial Regulator appeared first on BeInCrypto.


Bitcoin worth $1.5B withdrawn from Coinbase in 48 hours - CryptoSlate

A total of 100,000 Bitcoin (BTC) were withdrawn from Coinbase in the past two days, marking the third-largest BTC withdrawal in Coinbase's history. The post Bitcoin worth $1.5B withdrawn from Coinbase in 48 hours appeared first on CryptoSlate.

Claim Your 100 USDT Reward
Earn a limited-time reward by registering and starting your crypto journey now! Claim Reward!
Bitcoin Bitcoin
71015.3000 2.45%
Ethereum Ethereum
3573.47000 1.79%
BNB BNB
585.525000 1.74%
Solana Solana
190.631000 2.46%
XRP XRP
0.62538100 1.89%