Back to News
Market Impact: 0.15
Phemex October Proof of Reserves Report Shows 131.36% Average Reserve Ratio
Source: GlobeNewswire
Crypto & Digital AssetsFintech
Phemex's October Proof-of-Reserves report said all eight covered assets remained fully backed, with an average reserve ratio of 131.36%. The report provides a positive reserve-status update, but the article gives no market reaction.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.25
More News
- OKX debuts a platform that turns 50 currencies into digital dollars, betting emerging market investors want stablecoins
- How Hyperliquid defied crypto’s DAT death spiral—and built the industry’s only flourishing digital asset treasury
- NYSE owner and crypto exchange OKX seek SEC clearance for tokenized U.S. stock trading
- Why is Nu Holdings stock soaring today?
- MercadoLibre stock rises on Brazil election results
- Jefferies reiterates Buy on MercadoLibre stock, $2,600 target