Search Results for "reserves"
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
What are the New Amendments in Japan’s Crypto Laws to be Enforced Next Month?
Japan will be enforcing new cryptocurrency-related regulations in May, as two of the pieces of legislation were passed by the Japanese House of Representatives last year. The Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) were originally scheduled to come into effect in April, however, there has been a delay and the final enforcement date has been officially pushed to May.
Trump’s Former Fed Pick to Launch Cryptocurrency
Stephen Moore, President’s Trump nominee to the Federal Reserve, has set his sights on the crypto space.
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 Is 10X Better than Gold, Says Tyler Winklevoss
Bitcoin has been increasingly compared to gold, with many bulls such as Tyler Winklevoss saying that "BTC was better at being gold than gold."
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.
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.
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.
MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins
MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.
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.
OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins
The OCC Boss, Brian Brooks has testified before the US Senate Banking Committee about the growing use of cryptocurrencies and stablecoins in the country
