Category: Reserve
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This Public Japanese Firm Has Added Bitcoin as Its Reserve Asset
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Bitcoin has continued to gain mainstream adoption, as major corporations and industry leaders incorporate the digital asset into their long-term financial strategies. Metaplanet, a Japanese investment and advisory firm listed on the Tokyo Stock Exchange, is the latest company to make such a remarkable move. Metaplanet makes reserve assets for…
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Biden administration set to resume purchases for Strategic Petroleum Reserve
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Slavko Sereda/iStock via Getty Images Crude oil futures fell slightly on Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated that OPEC+ may increase production if market conditions warrant it, in addition to other signs of easing supply concerns. “It always depends “The current situation and the…
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Dollar’s status as reserve currency to endure
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Investing.com – A move by US authorities to seize Russian assets could add to recent efforts to diversify away from the dollar, but the dollar is likely to remain the global reserve currency for the foreseeable future, according to Wells Fargo. Is the dollar’s role as a reserve currency in…