Category: Reserve
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Bitcoin Key To Dollar Stability: Kennedy Jr. Urges US To Hold 4 Million BTC Reserve
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Bitcoin has proven to be an important part of the upcoming US presidential election, gaining attention among key political figures. As the election approaches, Republican presidential candidate Robert F. Kennedy Jr. has announced his intention to run. Named Analysts believe that the country should acquire millions of bitcoins as a…
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Bitcoin Key To Dollar Stability: Kennedy Jr. Urges US To Hold 4 Million BTC Reserve
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Bitcoin has proven to be an important part of the upcoming US presidential election, gaining attention among key political figures. As the election approaches, Republican presidential candidate Robert F. Kennedy Jr. has announced his intention to run. Named Analysts believe that the country should acquire millions of bitcoins as a…
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Trump’s Bitcoin 2024 keynote includes plan for US Bitcoin reserve
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Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 conference in Nassau, where he praised the cryptocurrency industry and announced his plan to create a national Bitcoin reserve. Trump invests everything in cryptocurrencies At the just-concluded Bitcoin 2024 conference in Nashville today, July 27, former President Donald Trump delivered…
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Trump’s Bitcoin 2024 keynote includes plan for US Bitcoin reserve
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Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 conference in Nassau, where he praised the cryptocurrency industry and announced his plan to create a national Bitcoin reserve. Trump invests everything in cryptocurrencies At the just-concluded Bitcoin 2024 conference in Nashville today, July 27, former President Donald Trump delivered…
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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024
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Senator Cynthia Lummis of Wyoming is set to announce legislation that would make Bitcoin a major financial asset in the United States. At the upcoming Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump is also scheduled to speak, Loomis aims to announce a bill that would require…
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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024
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Senator Cynthia Lummis of Wyoming is set to announce legislation that would make Bitcoin a major financial asset in the United States. At the upcoming Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump is also scheduled to speak, Loomis aims to announce a bill that would require…
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National Treasury Reserve Push Sparks $1 Million Projections
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There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…
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National Treasury Reserve Push Sparks $1 Million Projections
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There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…
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Hong Kong’s Top Virtual Bank to Offer Reserve Services to Crypto Stablecoin Issuers
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Hong Kong’s largest virtual bank, ZA Bank, achieved a new milestone earlier today by an offer Hong Kong has announced plans to offer exclusive Reserve Bank services to stablecoin issuers, a move in line with Hong Kong’s recent regulatory progress regarding cryptocurrencies. The initiative is part of the region’s new…
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Trump disagrees with a September Federal Reserve rate cut – wants rates higher for longer
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Trump is leading in the polls to win the November presidential election, and he has bad news for borrowers. He said in an interview with Bloomberg that he does not want the Federal Reserve to cut interest rates in September, as is the case now in the market. Trump wants…
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Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset
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Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…
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Reserve Bank of New Zealand policy meeting this week – preview (on hold widely expected)
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The Reserve Bank of New Zealand will announce its decision at 2pm NZ time on Wednesday 10 July, which is 0200 GMT on the 10th and 2200 EST on the 9th. Brief comments via Westpac on what to expect: We do not expect any change to the policy rate –…
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The Federal Reserve, Custodia Bank, and the Battle over Sovereignty
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Introduction As it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total of seven briefs were filed on July 3rd, the last day for…
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Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high
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The Reserve Bank of Australia meets today and tomorrow, Monday 17 June 2024 and Tuesday 18 June 2024. The bank’s decision is scheduled to be issued at 2.30pm Sydney time on Tuesday This is 0430 GMT and 0030 EST RBA Governor Bullock will hold her press conference an hour later,…
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Federal Reserve is well poised to be patient on rate moves, Kashkari says
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LD The Federal Reserve is in a good position to monitor economic data and be patient about cutting interest rates, Minneapolis Bank President Neel Kashkari said Sunday. “We need to see more evidence to convince us of that “Inflation is on our way back to 2%,” Kashkari said on CBS’…
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ANZ expect the first Reserve Bank of New Zealand rate cut in February 2025 (prior May ’25)
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Reserve Bank of New Zealand forecasts from ANZ in New Zealand. Briefly: We have revised our forecast for the official cash rate (OCR) and now expect the first OCR cut to come in February 2025, rather than May. Domestic inflation… We expect that there will be tangible progress around the…
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Reserve Bank of Australia Governor Bullock says she expects Q1 GDP growth to be low
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Reserve Bank of Australia Governor Bullock reads the writing on the wall for Australia’s economic growth: Australia’s very weak economic growth outlook has been cut even further Reserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Kent appear before the Australian Parliament Before the Senate Economic Legislation Committee…
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Healthcare Company Semler Scientific Buys $40 Million Bitcoin, Adopts As Treasury Reserve Asset
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Semler Scientific Company (Nasdaq: SMLR), known for its healthcare solutions to combat chronic disease, has announced a major shift in its treasury strategy. The company’s Board of Directors approved Bitcoin as a primary Treasury reserve asset, along with a significant purchase of 581 Bitcoin for a total of $40 million,…
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Healthcare Company Semler Scientific Buys $40 Million Bitcoin, Adopts As Treasury Reserve Asset
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Semler Scientific Company (Nasdaq: SMLR), known for its healthcare solutions to combat chronic disease, has announced a major shift in its treasury strategy. The company’s Board of Directors approved Bitcoin as a primary Treasury reserve asset, along with a significant purchase of 581 Bitcoin for a total of $40 million,…