Binance Unveils Proof of Reserves, Amidst Market Hesitation

Bitcoin’s price remains stagnant at $122,500 as investors await the release of the Fed minutes and cautious market sentiment prevails. The recent drop in Binance’s holdings, a move prompted by long-term investors seeking greater security through cold wallets, adds to the existing unease. Binance has released its 35th Proof of Reserves report, offering clarity amidst investor apprehension regarding crypto asset stability.