Key Takeaways Tether has denied the rumors that 85% of its commercial paper portfolio is backed by bad Chinese real estate debt. The firm stated that U.S. Treasuries made up 47% of its reserves and th...
Tag: Reserve
Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg
Tron DAO bought another $500 million worth of the stablecoin USDC on Tuesday to further expand its reserve assets pool and salvage confidence in its algorithmic stablecoin called Decentralized USD (US...
TRON DAO Reserve Receives 700M USDC to Defend USDT Peg
5 hours ago | 2 mins read Altcoin News During Monday’s turmoil, the USDD stablecoin dropped slightly to $0.977 per unit. Tron DAO Reserve had to deploy money to protect the $1 parity. In light of Terr...
Tron’s USDD Stablecoin Slips Further From Dollar Peg — Despite Overcollaterized Reserve ⋆ ZyCrypto
Advertisement     Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team beh...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token – Altcoins Bitcoin News
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a smal...
Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves
Tron DAO Reserve, which manages algorithmic stablecoin USDD, said on Saturday that it had bought $50 million worth of Bitcoin (BTC) and Tron (TRX). The purchase was announced in a tweet saying it was ...
Athlete Reserve Is Taking A Local Approach to NIL
Athlete Reserve founder Hunter Solano is taking a local approach to NIL. Photo courtesy of Hunter Solano As predicted the Name, Likeness, and Image (NIL) marketplace is ever-evolving. Less than a year...
Tron DAO Reserve Buys $50M BTC, TRX
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to “safeguard the overall blockchain industry and crypto market.” Tron DAO Reserve man...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
Aave Price Analysis: Buyers fail to reserve the $100 conceptual level, AAVE is down nearly 10%
AAVE price again got caught by short-sellers, meanwhile, AAVE coin broke the falling wedge pattern. According to the CMC, the market cap of AAVE coin has fallen by about 8.4% in the last 24 hours to $...
Coinbase CEO Brian Armstrong Says Bitcoin May Become New Global Reserve Currency
Coinbase CEO Brian Armstrong is optimistic Bitcoin (BTC) could one day usurp the US dollar’s role in the world. Armstrong says in an interview he foresees Bitcoin acquiring a global gold standard stat...
How efficiently TRON DAO reserve will make USDD a successful hybrid stablecoin?
Dilution of Terra network’s UST stablecoin led to many investors losing billions but also made ways for other stablecoins to join the space Amidst the uncertainty and skeptical situation created due t...
Digital asset bank Custodia is suing the Federal Reserve over an application delay
Digital asset bank Custodia, previously known as Avanti, is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City for delaying a decision on its application for a ce...
Federal Reserve Governor Christopher Waller Explains The Need For Crypto Regulations ⋆ ZyCrypto
Advertisement     The calls for crypto regulations have reached a fever pitch. On Friday, Federal Reserve Governor Christopher Waller lent his voice once again to the ...
Bitcoin Custodia crypto bank sues the U.S. Federal Reserve
Cryptocurrency bank Custodia is suing the Federal Reserve Board and the Federal Reserve Bank of Kansas City in today’s federal court action. They have brought charges against them for allegedly “unlaw...
Federal Reserve Raise Interest Rates, Another Crypto Crash on June 15th?
Nobody has seen the worst yet. Recent market turmoil hasn’t deterred the US Federal Reserve from keeping its hawkish approach, with officials widely expected to raise rates another half-point on June ...
Bitcoin Bank Custodia Sues Federal Reserve, Demanding Decision On Master Account
A gold plated seal outside inside the Eccles Building, the place of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee, Getty Images Bitcoin bank Custodia to...
Federal Reserve Bank of St. Louis starts using Bitcoin to track the cost of goods
Despite the cryptocurrency market currently trading in the red again, its assets continue to be adopted around the world, not just as an investment, but also as a payment option, which is why one of t...
TRON Boosts Stablecoin Reserve With $100 Mln Bitcoin And TRX
Tron’s founder Justin Sun on Tuesday said the TRON DAO Reserve transferred Tether (USDT) worth $100 million to Binance to buy more BTC and TRX as a reserve. The TRON DAO Reserve continues to buy BTC a...
Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch
Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in p...
CBDCs Will ‘Kill’ Crypto, Reserve Bank of India Governor Says
Reserve Bank of India Deputy Governor T. Rabi Sankar says with complete confidence that digital bank assets or CBDCs will ultimately pull the plug on cryptocurrencies such as Bitcoin, Ethereum, and ot...
Reserve Rights (RSR) Doubles in Price After May 12 Lows
While Reserve Rights (RSR) has been moving upwards since May 12, the upward movement so far looks corrective. Additionally, the price has yet to break out from a long-term pattern. RSR has been decrea...
CBDCs will ‘kill’ cryptocurrencies, says Reserve Bank of India Deputy Governor
The Reserve Bank of India (RBI) believes that the emergence of central bank-issued digital currencies (CBDCs) will mark an end to private cryptocurrencies. The bank’s deputy governor T. Rabi Sankar s...
The Giant Gas Reserve That Could Have Eased Today’s Crisis
Argentina, home to the world’s second-largest shale gas deposit, cannot help gas-starved Europe, which is scrambling to obtain non-Russian natural gas after Russia’s invasion of Ukraine. In fact, Arge...
What impact will Quantitative Tightening by the Federal Reserve put on Cryptocurrencies?
Following the simple rule of economics, the Federal Reserve is going to apply Quantitative Tightening that will reduce the liquidity and affect the cryptocurrency market Since the news about Quantitat...
Federal Reserve Is Trapped In A Cage Made In Tokyo
U.S. Federal Reserve Chair Jerome Powell may be more boxed in than investors appreciate. Kevin Dietsch -Pool/Getty Images As Federal Reserve Chairman Jerome Powell ponders how much latitude he has to ...
Reserve Bank of India Reveals Launch Plans of Upcoming CBDC
7 hours ago | 2 mins read Bitcoin News In February, Finance Minister Nirmala Sitharaman announced a digital currency launch. There is still no official regulation on crypto in India. For 2021-22, the ...
US Federal Reserve Vice Chair sees need for a digital dollar
? Want to work with us? CryptoSlate is hiring for a handful of positions! Lael Brainard, Vice-Chair of the Federal Reserve, believes a U.S. central bank digital currency (CBDC) could help maintain the...
A 2022 survey by the Federal Reserve finds that 12% of adults in the US hold cryptocurrencies.
The “Economic Well-Being of U.S. Households in 2021” survey that was released on May 23rd 2022 evaluates the economic health of consumers in the US. This year’s survey also included questions re...
Opinion: The Federal Reserve is shrinking its balance sheet under duress, which makes a soft landing nearly impossible
The Federal Reserve has begun to downsize its balance sheet. What does that mean for you? First, you must understand where the balance sheet’s expansion came from and why that policy was pursued. Then...