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Price analysis 12/16: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX

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Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

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Coin Market

Binance says it holds $5B in matching tokens to cover hack losses

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The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.

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Binance working with FBI to recover assets following $6.3B hack

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Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the shortfall.

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Coin Market

Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack

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Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.

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