OKX Proof-of-Reserve Report Shows 101% Bitcoin, Tether Reserves
OKX joins a long list of crypto firms rushing to prove their stability, but regulators continue to question the reliability of such reports.
OKX joins a long list of crypto firms rushing to prove their stability, but regulators continue to question the reliability of such reports.
Bitcoin has never seen this particular «death cross» before in its life, one analyst notes as BTC price weakness continues.
The price of Filecoin has plummeted 30% in the past week, with the asset currently trading close to all-time lows.
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback.
Bitcoin’s heavy price depreciation over the year was reflective of a general trend. Still, a few tokens weathered the industry storm well.
Greenidge is also working with NYDIG on new repayment terms, handing over a substantial portion of its mining machines in the process.
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount.
If the SEC again blocks Grayscale’s attempts to convert its Bitcoin product into an ETF, the firm has other options to help investors.
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 pm ET and failed to recover for over 7 hours at the time of reporting.