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What crypto analyst Benjamin Cowen thinks of BTC before a reversal occurs

Bitcoin could undergo another Capitulation event around Christmas – Cowen The cryptocurrency is consolidating but lacks an upside momentum BTC price could break into upside or downside When will Bitcoin price (BTC/USD) bottom-up after slipping below the crucial $19,000 level? Crypto analyst Benjamin Cowen believes Bitcoin has to undergo one capitulation event before a price reversal. Cowen examines the historical patterns...

Binance releases its proof of reserves system

Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens and networks as well as implement ZK-SNARKs. Crypto exchanges are looking to show they have the assets they should hold after the shocking collapse of FTX. Binance has published its proof-of-reserve (PoR) system, days after CEO Changpeng Zhao pledged to...