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Bybit Bitcoin and USDT Holdings Surge According to 12th Proof of Reserves Report

Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of reserve (PoR) report, which highlights significant changes in user asset holdings compared to the previous month. The current PoR revealed a Bitcoin reserve ratio of 107%, Ether’s at 105%, and Tether’s at 103%. Bybit’s 12th PoR The report shows that Bybit’s wallets held […]

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CEX Trading Volumes Nearly Triple Since October 2023: Bybit

Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges (CEXs) from October 2023 to March 2024. During that timeframe, the crypto sector’s market cap surged from slightly above $1 trillion to over $2.5 trillion. Bullish Trends and BTC as a Hedge According to the report, OKX’s trading volumes […]

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