Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered serious losses Wednesday, with hawkish Federal Reserve comments sinking te...
Tag: Reserve
Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet
Topline With numerous Federal Reserve officials sounding the alarm on inflation, minutes from the central bank’s latest monetary policy meeting released Wednesday hinted at bigger interest rate hikes ...
Reserve Rights (RSR) Makes Third Attempt At Break Out
Reserve Rights (RSR) has been increasing since Feb 24 in a move that was preceded by bullish divergences in both the RSI and MACD. RSR has been falling underneath a descending resistance line since re...
Bitcoin Exchange Reserve Takes Further Beating, Now Lowest Since August 2018
On-chain data shows the Bitcoin exchange reserve has taken a further beating this March, and has now reached the lowest value since August 2018. Bitcoin Exchange Reserve Loses 96k BTC Over The Past Mo...
The Case For Bitcoin Price At $4.8M If It Trumps The Dollar To Become World’s Reserve Currency ⋆ ZyCrypto
Advertisement     VanEck thinks that the price of one Bitcoin could exceed $4 million. The investment firm posits that the crypto will have to topple the dollar as the...
Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’
Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon...
Ark Invest’s Cathie Wood: Federal Reserve Interest Hikes a Big Mistake
Founder of Ark Investment Management and crypto evangelist Cathie Wood has been airing her views on the Federal Reserve interest rate adjustments over the weekend. In a series of tweets over the weeke...
Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at...
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency – Coinotizia
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the...
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency – Economics Bitcoin News
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the...
Bitcoin could hit $4.8M when made a global reserve asset: VanEck
The investing business placed a very high value on bitcoin and gold in the unlikely event that one of them becomes the world’s reserve currency. Bitcoin (BTC) has double the upside of gold, according ...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Coinotizia
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The ...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The ...
What Happens If Bitcoin Becomes The World’s Reserve Asset?
The idea of bitcoin as a reserve asset for nations around the world has been floating for years now. While some feel that this is the inevitable end game for bitcoin, it is still left to know what imp...
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s a big “if” ...
No, Former President Trump Did Not Fill The Strategic Petroleum Reserve
WASHINGTON, DC – APRIL 20: U.S. President Donald Trump speaks during a daily briefing of the … [+] coronavirus task force at the White House April 20, 2020 in Washington, DC. Oil prices fe...
VanEck predicts Bitcoin would be worth at least $1.3 million if considered global reserve currency
The ongoing war in Ukraine has firmly placed the importance of assets like Bitcoin and gold in the front seat of the global financial system, according to financial asset management firm VanEck. The f...
Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs
President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking recor...
Biden Administration Orders Record Oil Release From Strategic Reserve
Topline President Joe Biden will release 1 million barrels of oil per day from the Strategic Petroleum Reserve over six months, in the largest use yet of the federal emergency stockpile, the White Hou...
Terra’s UST Reserve Hits New Milestone Above 30,700 BTC ($1.4B)
Terra, a blockchain project that allows developers to build decentralized applications, has purchased an additional $139 million worth of bitcoin, pushing the project’s total reserve above 30,700 BTC...
Terra Foundation Aims To Bring UST Bitcoin Reserve To $10 Billion
The Terra blockchain has set the lofty goal of solidifying the status of its core innovation, algorithmic stablecoins. Do Kwon, the founder of Terra, has stated that the blockchain is aiming to become...
Terra Adds Another $139 Million Worth of BTC to Its Reserve as Bitcoin Whale Transactions Spike
Tomiwabold Olajide Reports have it that Terra has added another 2,943 Bitcoins, or $139 million worth, to its reserve Bitcoin continues to attempt a breakthrough of the $48,300 barrier, as the Luna Fo...
Yearlong Reserve Rights (RSR) Correction Might Have Come to an End Following Yearly Low of $0.011
Reserve Rights (RSR) is showing long-term signs of a bullish reversal and has broken out from a short-term consolidation pattern. RSR has been falling since April 16, when it reached an all-time high ...
Terra (LUNA) Smashes ATH Above $107; Luna Foundation Builds $3 B Bitcoin Reserve
The price of Terra (LUNA) has smashed an all-time-high (ATH) of $107.14, rising nearly 10% in the last 24 hours, according to CoinMarketCap. LUNA has surpassed the previous resistance level of $103 to...
Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Hal Finney received the first-ever Bitcoin trans...
Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC – Bitcoin News
During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 b...
The Bank Of England Joins Bank of Canada, Federal Reserve Bank On CBDC Research Project
On Friday, the Central Bank of the United Kingdom, the Bank of England made the announcement that it had arrived at an agreement on a twelve-month research joint project on Central Bank Digital Curren...
Federal Reserve Governor Lambastes Crypto and CBDCs as Over-Hyped Technology
Christopher Waller, U.S. Federal Reserve Governor, has downplayed the effectiveness of cryptocurrency and the need for a central bank digital currency (CBDC) in the United States. While speaking at a ...
U.S. Federal Reserve Chair Buttresses the Need for New Crypto Regulations – crypto.news
The United States Federal Reserve Chairman Jerome Powell has made it clear while speaking at a meeting organized by the Bank for International Settlements (BIS) on March 23, 2022, that innovative dig...
Federal Reserve chair concerned over the adoption of digital assets
The chair of the US Federal Reserve, Jerome Powell, has expressed concern over the cryptocurrency sector. The official stated that private cryptocurrencies and stablecoins presented a risk to the stab...