The cryptocurrency landscape is experiencing significant shifts as anticipation for the Federal Reserve’s minutes fuels uncertainty in the Bitcoin market. Despite a lack of movement in Bitcoin price, altcoins remain stagnant, reflecting a cautious approach from traders wary of potential price drops. Binance’s latest Proof of Reserves further illustrates this trend by shedding light on how investors are responding to past scandals and seeking greater transparency. The report offers an in-depth analysis of their asset holdings, revealing a notable decrease in Bitcoin, Ethereum, and Tether reserves following FTX’s collapse. This move toward decentralized financial practices suggests that the industry is moving away from centralized exchanges towards more secure self-custody solutions.