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Hong Kong lawmaker advocates including Bitcoin in national reserves

Hong Kong lawmaker Wu Jie has urged the city-state’s government to consider integrating Bitcoin into its fiscal reserves, a local media outlet reported. The report showed that Wu proposed that the Hong Kong Special Administrative Region (SAR) explore the inclusion of cryptocurrencies in its fiscal reserves and leverage foreign exchange funds to acquire and hold […] The post Hong Kong lawmaker advocates including Bitcoin in national reserves appeared first on CryptoSlate. дальше »

2024-12-30 11:13


Bitcoin - Is history repeating itself? Here's why a $400K price target is still in play!

Stablecoins are a vital component of crypto markets Trends in exchange reserves can give clues about market sentiment and wider price trends Stablecoins are essential to facilitating a seamlThe post Bitcoin - Is history repeating itself? Here's why a $400K price target is still in play! appeared first on AMBCrypto. дальше »

2024-12-28 18:00


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Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal

Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility  After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC. дальше »

2024-12-28 09:00


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El Salvador rings in Christmas 2024 with a Bitcoin twist

El Salvador continues to showcase its unwavering commitment to Bitcoin, doubling down on its cryptocurrency strategy despite stringent restrictions imposed by the International Monetary Fund (IMF). On 19 December 2024, the country purchased an additional 11 Bitcoin (BTC), valued at over $1 million, pushing its total reserves to nearly 6,000 BTC. This comes on the […] дальше »

2024-12-24 17:26


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Tether’s Big Bet: A $775 Million Stake in Rumble and Bitcoin

In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a $775 million investment. This ambitious allocation is split between the video-sharing platform Rumble and additional Bitcoin reserves, signaling Tether’s expanding footprint beyond its core role in the cryptocurrency ecosystem. дальше »

2024-12-22 14:30


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Aave mulls Polygon exit over risky stablecoin proposal

The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon’s Proof-of-Stake (PoS) chain. In the Dec. 16 proposal,  Marc Zeller, founder of Aave Chan, highlighted potential risks tied to Polygon’s plans to rehypothecate its stablecoin reserves while suggesting Aave should adjust risk parameters for its V2 and V3 deployments on the […] The post Aave mulls Polygon exit over risky stablecoin proposal appeared first on CryptoSlate. дальше »

2024-12-17 22:45


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Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves

US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury’s Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration. дальше »

2024-12-16 13:50