Search Results for "excess reserves"
3 Reasons Why Bitcoin Price Will Continue Rising
Institutional demand, subsiding price volatility, and the Federal Reserve having no plans to taper its economic relief spending are 3 reasons why Bitcoin will continue to rise.
$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain
$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin
Bitcoin centric NASDAQ listed MicroStrategy has shored up its Bitcoin (BTC) portfolio by investing an additional US$175 Million.
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
BlackRock, Vanguard, and Norway Now Indirectly Own $110 Million of Bitcoin, Ahead of Stock Sell-Off
This huge acquisition of Bitcoin enabled Norway, Vanguard Group, and BlackRock to indirectly own more than 10,000 Bitcoin (BTC) altogether.
Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin
Tahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.
Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches
Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards
MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin
MicroStrategy has announced that it has just invested another $1 billion in Bitcoin, purchasing the digital asset as it was trading around $52,765.
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets
Fidelity Digital Assets, the crypto arm of investment firm Fidelity Investments found in its new report that many investors consider Bitcoin to be an “aspirational store of value”. The firm believes that the largest cryptocurrency has the properties of a store of value but has yet to be widely adopted.