Category: reserves
-
Bitcoin In Swiss Reserves? Proposal Filed By Swiss Chancellery
•
A group of cryptocurrency advocates in Switzerland has urged the government to consider adding bitcoin to the national reserve. The Swiss Federal Chancellery has begun the process of obtaining the required number of signatures to push for an amendment to the country’s constitution to allow the Swiss National Bank Build…
-
Federal Reserve’s hawkish rate cut a signal for investors
•
Breadcrumb links Investor Martin Pelletier: We must all become experts on monetary policy, as our investment portfolios depend on it Posted on December 30, 2024 • Last updated 25 minutes ago • 3 minutes read You can save this article by registering for free here. Or log in if you…
-
Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal
•
This article is also available in Spanish. Analysts from market information company CryptoQuant Note Current patterns in Bitcoin (BTC) metrics indicate potential changes in market dynamics. Bitcoin price experiences short-term fluctuations After a period of steady decline, spot exchange reserves saw a notable rise, reflecting an inflow of 20,000 BTC.…
-
How Strategic Bitcoin Reserves Could Help Offset US Debt, CEO Explains
•
The US elections were one of the most defining events for the cryptocurrency space in 2024. Specifically, the re-election of Donald Trump revived Bitcoin and the entire cryptocurrency market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls…
-
Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?
•
Bitcoin has seen sustained upward momentum in recent weeks which has led to consistent new highs for the asset. According to recent analysis, it appears that this momentum is not just random, but comes amid major movements behind the scenes. Especially the last one Data This indicates that Bitcoin reserves…
-
Vladimir Putin Pushes Bitcoin As A Viable Alternative To Dollar Reserves
•
Russian President Vladimir Putin has made headlines with his recent comments about the use of Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. The Russian President emphasizes the role of Bitcoin Speaking at an investment conference in Moscow, Putin said the current geopolitical…
-
Vladimir Putin Pushes Bitcoin As A Viable Alternative To Dollar Reserves
•
Russian President Vladimir Putin has made headlines with his recent comments about the use of Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. The Russian President emphasizes the role of Bitcoin Speaking at an investment conference in Moscow, Putin said the current geopolitical…
-
9 Major Companies That Adopted Strategic Bitcoin Reserves This Month
•
in the wake of President-elect Donald Trump Following the proposal to create a strategic reserve of Bitcoin (BTC) at the National Bitcoin Conference in Nashville earlier this year, there has been a notable rise in Bitcoin adoption by many countries and companies. This month alone, nine major companies from diverse…
-
Senator’s Bold Proposal To Replenish US Reserves
•
US Senator Cynthia Lummis of Wyoming is doubling down on her efforts to legalize Bitcoin and potentially add this digital asset to the country’s reserves. In an interview on November 21, Loomis suggested that the US Federal Reserve sell some of its gold reserves to invest in gold. encryption. The…
-
Multiple US States Eyeing Bitcoin Reserves In 2025: Lobbyist
•
After the election of Donald Trump as the 47th President of the United States, the creation of a “strategic Bitcoin reserve” emerged as a pivotal topic. The proposal, which was advocated prominently during Trump’s campaign, aims to put the United States at the forefront of Bitcoin adoption and financial innovation…
-
Israel’s forex reserves fell sharply in October
•
The Bank of Israel reported that Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of $4.303 billion from their level at the end of September. Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of…
-
Israel’s forex reserves again hit new record
•
Israel’s foreign exchange reserves at the end of September 2024 reached a record level of $220.377 billion, an increase of $2.992 billion from their level at the end of August, which was itself a new record high, the Bank of Israel reported. The level of reserves in relation to GDP…
-
Proof of Reserves: Show Me the Money, Or It Didn’t Happen
•
If we claim to be an improvement on traditional finance, we’d better start playing that role. It’s clear how Bitcoin fixes the rampant cash hoarding. It’s also clear how Bitcoin changes your relationship with money — both financially, because you’re more likely to save assets that appreciate in value —…
-
Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
•
Monochrome Asset Management Company announced Monochrome Bitcoin ETF (IBTC) will carry out the reserve verification process through a new partnership with HosikiThis makes IBTC the first Australian Bitcoin ETF to adopt such transparency measures. The Monochrome Bitcoin ETF, which launched earlier this year, has seen steady inflows of 134 bitcoins…
-
Israel’s forex reserves hit record high in August
•
The increase was mainly due to a revaluation process that increased reserves by about $4.243 billion, the Bank of Israel reported. Israel’s foreign exchange reserves at the end of August 2024 reached an all-time high of $217.377 billion, an increase of $3.743 billion over their level at the end of…
-
Ethereum Reserves On Exchanges Climb Sharply Here’s What It Means For ETH
•
Although September started on a positive note, recent data shows that Ethereum Reserves Cryptocurrency exchange rates have seen a significant increase, raising questions about a potential impact on the market. The rise in the price of Ethereum on exchanges is seen as a change in investor sentiment, with some traders…
-
Plan from California’s Newsom would make refiners stockpile fuel reserves (NYSE:CVX)
•
Justin Paget/Digital Vision via Getty Images California Gov. Gavin Newsom proposed legislation Thursday that would require oil refineries in the state to Maintain minimum reserves of gasoline and other fuels in an effort to prevent supply shortages and price hikes during refinery outages. Energy in California The commission said refineries…
-
Israels forex reserves rise sharply
•
Israel’s foreign exchange reserves rose from $204.665 billion to $213.634 billion over the past 12 months, slightly below the record foreign exchange reserves of $213.731 billion in March 2024. The Bank of Israel reported that Israel’s foreign exchange reserves at the end of July 2024 amounted to $213.634 billion, an…