2024-10-30 11:59 |
Bitcoin reserves on exchanges melting away as buying pressure surges drastically in last few weeks
Similar to Notcoin - Blum - Airdrops In 2024
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In the wake of President-elect Donald Trump’s victory on November 5, there has been a notable surge in interest surrounding Bitcoin (BTC) and other digital assets. This trend is prompting global firms and governments to explore integrating leading cryptocurrencies into their treasury reserves, a shift that reflects a broader acceptance of digital currencies, particularly in the […]
2024-11-19 11:30 | |
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Robert F. Kennedy intends to have the FED match its gold reserves with Bitcoin reserves, if elected $600 billion worth of liquidity potentially flowing into Bitcoin could have a major impact The post Robert Kennedy's $622 billion Bitcoin reserves idea - How will it work? appeared first on AMBCrypto.
2024-7-27 22:00 | |
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On-chain data shows the Bitcoin spot and derivative exchange reserves have both shot up recently, a sign that could be bearish for the price. Bitcoin Spot And Derivative Reserves Register Growth As pointed out by an analyst in a CryptoQuant post, the open interest and the funding rates are also heating up in the BTC market.
2023-1-14 21:57 | |
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Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]
2022-5-9 20:00 | |
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On-chain data shows Bitcoin exchange reserves have sharply dropped recently, suggesting a possible return to bullish trend. Bitcoin Exchange Reserves Historical Data May Tell Current Trend Is Bullish As explained by an analyst in a CryptoQuant post, the Bitcoin exchange reserves seem to have sharply fallen in the past couple of weeks.
2021-12-21 22:00 | |
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Over the year, several companies have chosen to add Bitcoin to their Treasury reserves, including MicroStrategy, Square Inc. , and Tudor Investment Corporation. The latest two, Canada-based BIGG Digital Assets and MassMutual, a 169-year old insurance firm, also added $3.
2020-12-12 21:44 | |
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A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin.
2020-12-11 21:00 | |
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The web portal bitcointreasuries. org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars.
2020-10-22 22:15 | |
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As the allure of holding fractional reserves increases, proof of reserves can help clients of custodial platforms verify if their funds are there or not. The post Why Proof of Reserves Is Important to Bitcoin appeared first on Bitcoin Magazine.
2020-1-10 22:19 | |
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Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country.
2019-11-29 17:06 | |
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The current price spike for BSV may be based on a tendency to hold onto the coins, as selling would tank the market price.
2019-11-15 12:51 | |
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Wary investors are holding about $3. 4 trillion in cash, waiting for the right moment to enter the markets. This huge cash stockpile demonstrates investors’ worries amid the Sino-US trade conflict.
2019-11-6 16:30 | |
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Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium.
2019-11-6 20:00 | |
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Cointelegraph reports that the fiscal regulator has taken drastic measures in order to protect the foreign exchange reserves of Argentina which has been under immense stress following months of high inflation rates which has led to the slump in the country’s currency, the peso.
2019-11-2 23:14 | |
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Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.
2019-10-22 13:37 | |
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The German cryptocurrency corporation Karatbars International has fallen into public scrutiny for its alleged creation of a currency backed by gold, without having the reserves to back its claims. Media titles, including Bitcoin.
2019-10-22 06:00 | |
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The Bitcoin (BTC) maximum supply is capped at 21 million coins, of which more than 18 million are already mined. But the actual supply of coins within the economy may be higher, due to various forms of fractional reserves practices.
2019-10-6 19:00 | |
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The premium of GBTC, or the price of Bitcoin within the Grayscale investment vehicle, slid to a seven-month low. The indicator may reveal fatigue coming from either institutional investors or a wider pool of retail buyers.
2019-10-5 17:00 | |
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U. S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos.
2019-10-3 00:45 | |
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Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a part of their monetary reserves,Read MoreRead More.
2019-10-2 01:00 | |
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The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products.
2019-10-1 02:25 | |
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The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed.
2019-9-29 19:35 | |
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A new report emerged yesterday claiming that Venezuela’s central bank is considering using the Bitcoin and Ether reserves at its disposal to alleviate the country’s seemingly never-ending economic woes.
2019-9-28 09:27 | |
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Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations.
2019-9-28 20:45 | |
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Bitcoin and ethereum may become reserve currencies in Venezuela according to four unnamed people with direct knowledge of the matter. That’s because the state owned oil and gas company, Petroleos.
2019-9-28 17:04 | |
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As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More.
2019-9-27 15:00 | |
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Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto.
2019-9-27 23:00 | |
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Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation’s state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank.
2019-9-27 23:00 | |
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Venezuela could also use its crypto riches to fill up the dwindling foreign reserves
2019-9-26 19:11 | |
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Tether has been in the news over the past few months for all the wrong reasons. Not only was the cryptocurrency exchange Bitfinex charged with using Tether reserves to cover up extensive losses, but many have speculated that Tether is being printed radically to manipulate the price of Bitcoin, the world’s largest cryptocurrency.
2019-9-4 13:47 | |
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The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone.
2019-9-2 00:07 | |
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For a tech-company CEO, Pat Gelsinger is perhaps surprisingly forthright about the potential dangers of technology. But whilst certain technological ‘advances’ can indeed be a potential minefield of ethical issues, the VMWare head-honcho reserves a particular ire for our beloved Bitcoin.
2019-8-27 14:36 | |
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PlusToken, a scam that spread to China and Korea in the past months, accrued vast Bitcoin (BTC) reserves, currently liquidating them in daily tranches.
2019-8-15 12:59 | |
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Vladimir Putin, the Russian President, has ordered his central bank to stack up on gold for months with their reserves now rising to $102 billion worth of gold. The bet... The post Failure to Bitcoin Diversify Cost Putin $12 Billion appeared first on Trustnodes.
2019-8-10 16:28 | |
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Justice Joel Cohen of the New York Supreme Court extended the preliminary injunction against iFinex and Bitfinex for an extra 90 days. This means the company cannot access Tether’s financial reserves for their own use.
2019-7-30 16:37 | |
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For the first time in history, the bitcoin holdings of a nation state have surpassed their gold reserves, and it happens to be Bulgaria. The country is believed to hold... The post Bulgaria’s Bitcoin Holdings Surpass Their Gold Reserves appeared first on Trustnodes.
2019-7-21 21:08 | |
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The total amount of Wrapped Bitcoin (WBTC) locked in the Kyber Network had almost tripled in a single day, DeFi Pulse reported. The sudden increase in WBTC reserves could have been a reaction to the news that the DeFi protocol Compound has added WBTC to its offerings.
2019-7-19 10:20 | |
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Balaji Srinivasan, a former partner at a16z and former CTO at Coinbase, has said that in the future, every nation state may have to hold crypto. Srinivasan, who now operates as an angel investor, said: “Ten years after the launch of Bitcoin, the President of the United States and the Chair of the Federal Reserve […] The post Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years appeared first on CCN Markets
2019-7-13 14:36 | |
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Bitcoin has unarguably gained massive adoption of recent and there are hopes that someday, it could potentially become a global currency. However, the European Central Bank, the Central bank for Europe’s currency Euro in a tweet on July 9, 2019, stated that it has no plans to add Bitcoin to its reserves because Bitcoin is […] The post European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile” appeared first on ZyCrypto.
2019-7-10 15:34 | |
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Bitcoin is no longer on the fringes. This is obvious considering the fact that almost every day on the news we often hear the Word Bitcoin several times a day as compared to say the Kardashians for instance.
2019-6-20 21:48 | |
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On 18 June, the world’s biggest social media platform, Facebook, introduced its new cryptocurrency, Libra, set to launch in the first half of 2020. The coin that would have its own blockchain will be backed by several sovereign currencies, and these reserves would be managed by the Libra Association.
2019-6-19 16:30 | |
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While Binance DEX only supports tokens built on Binance Chain, Binance's own blockchain, the decentralized exchange will now support bitcoin trading with a newly created token pegged to the bitcoin.
2019-6-17 19:05 | |
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By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House.
2019-5-24 21:36 | |
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In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019.
2019-5-23 13:00 | |
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After the Bitfinex-Tether controversy took the crypto community by storm, everyone is tempted to spread FUD
2019-5-22 20:40 | |
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Bitcoin (BTC) ranging but stable A portion of Tether reserves was used to invest in Bitcoin (BTC) Tether and iFinex, the parent company, are controversial though they play a crucial role in the ecosystem.
2019-5-22 20:00 | |
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It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block.
2019-5-22 11:12 | |
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Bitfinex and its associated stablecoin Tether, as a part of the ongoing investigation into its finances, has revealed in… The post Confirmed: Tether Used Its Reserves To Pump Bitcoin Market appeared first on Invest In Blockchain.
2019-5-22 08:02 | |
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As you may have heard, Tether, one of the most prominent stablecoins in the market, is currently having a battle with the New York Attorney General in order to prove that it had the resources to back its business.
2019-5-22 00:29 | |
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