Loading...
Market
Price of $cbBTC relative to Bitcoin by December 31, 2024
3
Resolution / Starting Odds
Less than 0.95 BTC • 25%
0.95 BTC to 0.99 BTC • 25%
0.99 BTC to 1.01 BTC • 25%
More than 1.01 BTC • 25%
Market data from CoinMarketCap or CoinGecko
Story
Coinbase to Implement Proof of Reserves for Bitcoin Wrapper Token $cbBTC with Chainlink
Sep 30, 2024, 10:01 PM
Coinbase has announced plans to implement proof of reserves for its Bitcoin wrapper token, $cbBTC. This move aims to enhance transparency and boost user confidence in the asset. The integration of Chainlink's Proof of Reserve by 21(.)co will automate real-time reserve verification, preventing malicious minting. Currently, 1% of Bitcoin’s supply is locked in DeFi, driven by growing demand for Bitcoin yield and Coinbase’s new Bitcoin-pegged token, $cbBTC. This announcement was made on September 30.
View original story
Similar markets
Below $1.5 billion • 25%
$1.5 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
Above $3 billion • 25%
Equal to Bitcoin • 25%
1% to 5% higher • 25%
1% to 5% lower • 25%
More than 5% difference • 25%
Above BTC • 25%
Equal to BTC • 25%
Below BTC • 25%
Not actively traded • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
cbBTC > WBTC • 25%
cbBTC = WBTC • 25%
cbBTC < WBTC • 25%
cbBTC not listed • 25%
$65,000 • 33%
$70,000 • 33%
$75,000 • 34%
Decrease by more than 10% • 25%
Change within ±10% • 25%
Increase by 10% to 20% • 25%
Increase by more than 20% • 25%
Below $60,000 • 25%
$60,000 - $70,000 • 25%
$70,000 - $80,000 • 25%
Above $80,000 • 25%
$100,000 to $150,000 • 25%
Above $150,000 • 25%
Below $50,000 • 25%
$50,000 to $100,000 • 25%
$100,001 to $200,000 • 25%
Above $200,000 • 25%
Below $80,000 • 25%
$80,000 - $90,000 • 25%
$90,000 - $100,000 • 25%
Above $100,000 • 25%
Below $60,000 • 25%
$60,000 - $70,000 • 25%
$70,001 - $80,000 • 25%
Above $80,000 • 25%
Above $110,000 • 25%
Between $98,000 and $110,000 • 25%
Between $70,000 and $98,000 • 25%
Below $70,000 • 25%
Below $40,000 • 25%
$40,000 - $50,000 • 25%
$50,001 - $60,000 • 25%
Above $60,000 • 25%
Below $90,000 • 25%
$90,000 to $100,000 • 25%
$100,000 to $110,000 • 25%
Above $110,000 • 25%
Above $80,000 • 25%
$70,000 to $80,000 • 25%
$60,000 to $70,000 • 25%
Below $60,000 • 25%