We had a quiet weekend for Bitcoin and Ethereum after Friday's crash, right now we have Bitcoin at $16,500 and Ethereum at $1,180. Currently, the crypto market has $803.50B of capitalization of which $319.97B is invested in Bitcoin.
The most striking news of these days in my opinion is the decision by Mazars (Binance proof of reserves), BDO (Tether audit), and Armanino (Audits of various exchanges) to stop offering their services to crypto companies. The reason for the decision is unknown to everyone, it could be that they cannot carry out a real audit due to the difficulty of knowing all the data reliably (many accounts with many movements, funds can be moved almost instantly, back doors in the programming, etc...) and they don't want to see their image affected by possible falls from some exchange. But it strikes me that there are three companies at the same time that make the same decision in a few hours. I wonder if there will be some black hand trying to generate more uncertainty and distrust in the market.
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