Speaking at a news conference, Powell noted that the Federal Reserve understands the “hardship” inflation is causing and how it is affecting tech and other stocks. Stocks at large, especially tech sto...
Tag: Reserve
504,600,250 TRX Worth $38M Purchased by TRON DAO Reserve
The purchase of TRX comes on the heels of the LFG’s recent purchase of BTC. There are currently 80,494 BTC and $100 million in AVAX in LFG’s possession. Tron’s USDD stablecoin initiative follows Terra...
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD – Bitcoin News
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve ann...
The real reason crypto hodlers should care about the Federal Reserve, April 28–May 4, 2022
Wall Street’s slow embrace of crypto means we all have to start watching the Federal Reserve again. Cointelegraph parsed through the latest Federal Open Market Committee (FOMC) policy statement on Wed...
With Recent Interest Rate Hike, Has the Federal Reserve ‘Lost All Control?’
On a recent episode of The Best Business Show, bitcoin investor Anthony Pompliano shared his thoughts on The Federal Reserve’s latest interest rate hike, arguing that the the agency “has lost all cont...
TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution – crypto.news
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin ...
Justin Sun’s Tron Nabs Big Names For Its $10 Bln Stablecoin Reserve
The Tron blockchain’s plans for a decentralized reserve appear to be gathering interest from several major players in the crypto industry. Tron’s algorithmic stablecoin, USDD, began trading earlier th...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin ...
Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve
Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralised stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve in cooperation ...
Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy
Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves. The raise allowed...
Why The Federal Reserve Rally Failed
Wednesday’s bullish news conference from Federal Reserve chief Jerome Powell sparked the biggest gains for the Dow Jones and S&P 500 since 2020, while the Nasdaq composite climbed out of bea...
Reserve Risk Has Been Oversold for 5 Months; BTC On-Chain Analysis
Be[In]Crypto takes a look at the reserve risk on-chain indicator and its components. These indicators help determine if Bitcoin (BTC) has reached a bottom. What is BTC reserve risk? The Reserve Risk i...
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC – Bitcoin News
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now hold...
BREAKING: Luna Foundation Guard (LFG) Purchases $1.5 Billion Bitcoin (BTC) to Boost Its Stablecoin Reserve
– Advertisement – The Luna Foundation Guard (LFG) has made another groundbreaking purchase of Bitcoin (BTC) to bolster its reserve for its native stablecoin dubbed Terra USD (UST). Accord...
Federal Reserve Hikes Interest Rates by 0.5%, Biggest Increase Since 2000
The United States Federal Reserve has increased interest rates by half a percentage point. Inflation is hitting the U.S. hard, and the central bank is looking at ways to stymie its effect on the count...
Dow Jumps 900 Points After Federal Reserve Hikes Interest Rates By Half-Percentage Point
Topline The stock market surged higher on Wednesday after the Federal Reserve raised interest rates by 0.5% in a move widely-anticipated by investors, as the central bank continues on its path of aggr...
Federal Reserve Statement May: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on March 16. Text removed from the March state...
Great expectations for the decisions of the Federal Reserve
Today the US central bank, the Federal Reserve, will announce its decision on a hypothetical interest rate hike. Federal Reserve fights inflation The market expects interest rates to rise by 50 basis...
Stagflation risk rises as the Federal Reserve tightens monetary policy
The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep...
Which Banks Manage the USD Reserve Backing Your TrueUSD?
Stablecoins have maintained a strong growth momentum against the occasionally frustrating crypto market. Recently, the TUSD-TRX pool on the decentralized trading platform SunSwap has yielded up to 12%...
These Banks Manage the Dollar Reserve Backing This Stablecoin
Stablecoins have maintained a strong growth momentum against the occasionally frustrating crypto market. Recently, the TUSD-TRX pool on the decentralized trading platform SunSwap has yielded up to 12%...
TrueUSD Names Five Banks Holding the Stablecoin’s USD Reserve
TUSD is currently in collaboration with five banks. Partner banks provide a safeguard for TUSD’s asset security. TUSD is now audited by auditing firm Armanino. Stablecoin TrueUSD (TUSD) named five of ...
Terra’s $10 Billion Plan For UST’s Bitcoin Reserve ⋆ ZyCrypto
Advertisement     Following Do Kwon’s latest tweets, and Terra’s recent Bitcoin buys, it is evident that he aims to bring UST’s Bitcoin reserve to $10 Billion. Do Kwon...
Bitcoin will not be held by the Swiss National Bank as a reserve
Bitcoin will not be held by the Swiss National Bank as it is against purchasing and holding it The bank does not consider BTC as a national reserve for its citizens Chairman Thomas Jordan said at the ...
Swiss National Bank Against Investing in Bitcoin (BTC) as a Reserve Currency Right Now: Report
The Swiss National Bank (SNB) is reportedly against using Bitcoin (BTC) as a reserve currency right now, but it is prepared to purchase the crypto asset if that changes, according to its top official....
Swiss National Bank Deliberates on Bitcoin as Reserve Currency
The Swiss National Bank (SNB) disclosed at the central bank’s annual meeting on Friday that it does not consider Bitcoin ideal as a reserve currency. This deliberation, while not positive at this time...
Bitcoin Doesn’t Meet Requirements of Reserve Currency: Swiss National Bank Chairman
Yuri Molchan Chairman of the Swiss Central Bank stated that Bitcoin can hardly be a reserve currency Disclaimer: The opinion expressed here is not investment advice – it is provided for informational ...
Swiss National Bank Says It Has No Plans to Add Bitcoin As A Reserve Currency
Despite the growing macroeconomic uncertainty, Bitcoin (BTC) still doesn’t have enough acceptance as the world’s reserve currency. The Swiss National Bank (SNB) has denied any plans of buying and hold...
Does Bitcoin Not Matches Requirements To Be A Reserve Currency? SNB Chairman Thinks So
Thomas Jordan, the chair of Swiss National Bank recently signified their skepticism if Bitcoin is actually a must-have on their Balance Sheet. He highlights that as of now, they don’t think BTC...