MicroStrategy's $42 Billion Bitcoin Plan $3.9 billion has a | nasernkb a Binance Square-en

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MicroStrategy's $42 Billion Bitcoin Plan
$3.9 billion has already been spent on Bitcoin purchases this year
Next year, this amount will increase by 2.5 times

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SEC Chairman Gary Gensler Likely to Resign After Trump Win: Analyst - Decrypt

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#BTCbreakback$75k How much cryptocurrency is held on exchanges ▪️Proof-of-Reserves (PoR) is a cryptographic mechanism for verifying the ownership of digital assets, proving that an exchange does not use client funds and that the specified amount of cryptocurrency is indeed held in its wallets. ▪️Major crypto exchanges regularly publish PoR reports. According to the latest data, Binance holds nearly $110 billion, with more than 75% of its assets in Bitcoin, the stablecoin USDT, and the exchange’s native token BNB. ▪️OKX holds $18.5 billion, with around 87% of assets in Bitcoin, USDT, and Ethereum. The exchange updates its PoR reports every two weeks. Bybit holds reserves of $10.5 billion, of which 74% are in Bitcoin, USDT, and ETH. Bybit's reserve reports are updated monthly. ▪️The Proof of Reserves concept is applicable not only to exchanges or other crypto projects. The idea of verifying reserves without disclosing personal information can be utilized in any banking or financial organization.

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How much cryptocurrency is held on exchanges ▪️Proof-of-Reserves (PoR) is a cryptographic mechanism for verifying the ownership of digital assets, proving that an exchange does not use client funds and that the specified amount of cryptocurrency is indeed held in its wallets. ▪️Major crypto exchanges regularly publish PoR reports. According to the latest data, Binance holds nearly $110 billion, with more than 75% of its assets in Bitcoin, the stablecoin USDT, and the exchange’s native token BNB. ▪️OKX holds $18.5 billion, with around 87% of assets in Bitcoin, USDT, and Ethereum. The exchange updates its PoR reports every two weeks. Bybit holds reserves of $10.5 billion, of which 74% are in Bitcoin, USDT, and ETH. Bybit's reserve reports are updated monthly. ▪️The Proof of Reserves concept is applicable not only to exchanges or other crypto projects. The idea of verifying reserves without disclosing personal information can be utilized in any banking or financial organization.

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#JUP/USDT BUY SETUP JUP has broken out of the descending triangle pattern and is currently retesting the trendline, with both the 21MA and 50MA providing support. A successful retest at this level could trigger a strong bullish rally in JUP. 👀🚀

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The head of the market-making company Gotbit, Alexey Andryunin, has been charged with fraud and conspiracy to manipulate the market. The U.S. Department of Justice indictment also mentions two other Gotbit employees — Fedor Kedrov and Kuavi Jalili. The combined charges could lead to a prison sentence of up to 20 years. On October 6, Andryunin was detained in Portugal at the request of the U.S. His arrest and others were part of charges brought by the U.S. DOJ and SEC against Gotbit and three other companies — ZM Quant, CLS Global, and MyTrade. All companies are accused of market manipulation and wash trading to artificially inflate trading volumes for tokens. Prosecutors say this marks the first criminal prosecution for market manipulation in the cryptocurrency sector.

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Bitcoin(BTC) Surpasses 76,000 USDT with a 0.81% Increase in 24 Hours

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Fed Cuts Rates by 25 Basis Points; Bitcoin Hits New Record High as Powell Dismisses Trump’s Win Impact on Policy

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Bitcoin News: Trump Victory Could Propel Bitcoin to $100K by End of 2024

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