Search Results for "reserves"
Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC
Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.
Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit
Jed McCaleb, Ripple’s co-founder and its former Chief of Technology Officer, has seemingly resumed the sale of his XRP reserve, cashing out 28 million XRP.
MicroStrategy to Issue $400 Million in Securities Offering to Hoard More Bitcoin
Michael Saylor, the CEO of the billion dollar firm revealed that the firm plans to issue $400 million securities offering into Bitcoin.
Uniswap: Everything You Need to Know
Learn about: What Uniswap is, what the core concepts of UniSwap are. In this guide, we explain what's new in Uniswap V2, and the process of swapping tokens.
Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
Max Keiser Expects Other Enterprises to Acquire Bitcoin Following MicroStrategy’s Lead
Max Keiser believes that shareholders will demand other corporations and big companies to convert their cash reserves into Bitcoin, just like MicroStrategy corporation has done.
A Brief History of US National Credit Defaults
Which nation’s credit is the most reliable? Many casual economic observers would say “America” without hesitation. But do the United States really have a stellar-credit record? No actually, not really at all. In fact, a conscientious look over the last few centuries would reveal that the nation’s brief history is riddled with national credit defaults.
$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum
Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.
Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey
According to a survey, about 70% of financial executives said that they are watching closely what others are doing with Bitcoins and they would still like to hear more from regulators about the digital currency before allocating a portion of their company's cash reserves to the cryptocurrency.
Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain
Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. The budget also highlighted the forecast of an all-time high deficit of HK$139 billion for the coming fiscal year.
IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline
The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.