Search
Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation
30.9.2020
Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
OCC: Banks Can Hold Some Stablecoin Reserves
21.9.2020
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S
US banking regulator authorizes federal banks to hold reserves for stablecoins
21.9.2020
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators
MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves
14.9.2020
MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August
Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
28.8.2020
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge...
Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds
26.8.2020
Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin
25.8.2020
On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm...
Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin
24.8.2020
Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."
Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin
23.8.2020
Canada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that...
Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum
20.8.2020
A "3rd party" crypto exchange ordered the swap. Signs point to Binance
Middle Eastern Restaurant Chain Converts Entire Reserves to BTC
20.8.2020
The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto
Tahinis Restaurants Convert Entire Cash Reserves into Bitcoin
19.8.2020
Popular Middle Eastern cuisine restaurant chain, Tahinis Restaurants announced on Twitter that they have converted all their cash reserves into Bitcoin, which were otherwise used as savings. In a long thread, they tagged influencers and platforms that helped them along their journey of embracing...
Bitcoin Holding Sentiment Strongest in Nearly Two Years
18.8.2020
The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
10.7.2020
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion, that is not necessarily bad news for bitcoin
Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
3.7.2020
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...
Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
24.6.2020
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets