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Nalezeno "Reserves": 1216

Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’

2.11.2022
According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record...

BTC price sees 'double top' before FOMC — 5 things to know in Bitcoin this week

31.10.2022
Concerns that Bitcoin may have already topped come as volatility is expected around the Fed rate hike decision and comments

Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy

30.10.2022
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to...

Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC

17.10.2022
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth...

Tether Drops All Commercial Paper from Reserves in New Transparency Push

14.10.2022
The stablecoin issuer Tether has finally eliminated its exposure to commercial papers, replacing them with much more liquid and secure US Treasury Bills. According to an announcement from Tether, the move to eliminate its commercial paper holdings and replace it with US Treasuries is part of...

Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero

14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...

IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

13.10.2022
The official's comments might be relevant to bitcoin traders, since the largest cryptocurrency's has proven to be correlated with the dollar's strength in foreign-exchange markets

Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate

6.10.2022
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC

Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil

4.10.2022
The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions...

Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves

3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...

ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review

25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...

Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record

25.9.2022
The Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said. The report added that following this latest plunge, the gap between the birr’s official and parallel market exchange rates has widened to...

Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin

25.9.2022
The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin. He added that he would have to be out of his mind before agreeing to this. Njoroge argued that cryptocurrencies like bitcoin are not only volatile...

US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves

22.9.2022
As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether’s parent company to provide financial records for its USDT stablecoin.... Read More:...

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...

Report: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

15.9.2022
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies...