Friday, December 9, 2022
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Mazars says users’ BTC reserves on Binance are fully collateralized

According to a new document published on Dec. 7, South-African auditor Mazars confirmed that cryptocurrency exchange Binance possessed control over 575,742.42 of customers' Bitcoins (BTC) worth $9.7 billion at the time of publication. Through the process, Mazars stated that "Binance was 101% collateralized."The scope of the inquiry included customers' spot,

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Bitcoin Price Lacking Momentum Above $17k, BTC Holders Are Safe: Here’s Why

Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin extended its upward move above $17,100 and $17,300 resistance levels. The price is trading near $17,000 and the 100 hourly simple moving average. There was a break below a key

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BTC price levels to watch as Bitcoin holds $17K into the Wall Street open

Bitcoin (BTC) volatility cooled above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin traders warm to near-term upsideData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held overnight gains, having hit three-week highs.The weekly close was encouraging

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Bitcoin analysts eye weakening US dollar as BTC price fights for $17K

Bitcoin (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close as volatility looked set to return to the market.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger Bands demand BTC pricevolatilityData from Cryptox Markets Pro and TradingView showed BTC/USD crisscrossing the $17,000 mark — a focal point throughout the

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