On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueus...
Tag: Reserve
Bitcoin miner reserve balances flatten out as Ordinals appear
The bitcoin miner reserve has remained stable in February, and miners are still making a profit due to the appearance of Ordinals, NFTs on bitcoin blockchain. Meanwhile, BTC has had a good past few da...
Reserve is working to update RSV basket without BUSD
Reserve Protocol has announced that it will officially revise the RSV basket without BUSD. Until now, the basket was backed by USDC and BUSD collectively; however, the revision would lead to the backi...
Reserve Rights Price Starts A 46.5% Move As Crypto Market Rebounds – Time To Buy RSR?
Join Our Telegram channel to stay up to date on breaking news coverage Reserve Rights price has shot up by 12% in 24 hours, as cryptocurrencies generally extended the bullish narrative into the weeken...
Federal Reserve Governor Compares Crypto to Baseball Cards
Federal Reserve Governor Christopher Waller recently advised against investing in cryptocurrencies, stating that prices could fall to zero and investors should not expect the government to bail them o...
Oil Falls as US Looks to Sell More Supply From Strategic Reserve
(Bloomberg) — Oil fell after the close of the regular trading session on a Bloomberg News report that the US plans to sell more crude from the Strategic Petroleum Reserve, adding supplies to an ...
Oil Drops on US Plan to Sell More Oil From Strategic Reserve
(Bloomberg) — Oil fell on a US plan to sell more crude from its reserves, offsetting a lift from Russian output cuts and rising Chinese demand. Most Read from Bloomberg West Texas Intermediate d...
BendDAO NFT Liquidity Protocol’s Reserve Climbs Above 90,000 ETH
BendDAO Accumulates 90,602.54 ETH in its internal reserve. BAYC, MAYC, Azuki and Cryptopunks top BendDAO’s supplies with 430, 525, 337, and 66 respective individual supplies. A total of 563 borrowers ...
U.S. Federal Reserve Governor Compares Crypto Assets to Baseball Cards, Argues They’re Just Speculative
A high-ranking crypto-skeptic in the U.S. Federal Reserve thinks digital assets are like baseball cards and have no intrinsic value. Christopher J. Waller, one of the seven members of the Fed’s Board ...
Bitcoin Slumps Below $23,000 As Investors Assess Impact of Federal Reserve Interest Rate Moves ⋆ ZyCrypto
Advertisement     Bitcoin continued to slide Friday after losing support at the $23,000 level on Sunday. At press time, the largest cryptocurrency by market capitaliza...
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
– Advertisement – Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Go...
US Federal Reserve on Bitcoin’s Response To Monetary News
US Federal Reserve reports a disconnect between Bitcoin and macroeconomic fundamentals. Sensitivity of Bitcoin, the US Dollar, metals, and other stock prices to macroeconomy news is studied. On Wedne...
Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy
[The stream is slated to start at 12:40 a.m.ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-an...
Crypto Market Watch: What’s In Store For Bitcoin Price Ahead of Federal Reserve Chairman’s Speech
Bitcoin ended last week with a bearish trend for the first time in five weeks. It reached a high of $24k but dropped to below $23k during Monday’s Asian trading session. According to Coinglass, over $...
Bitcoin miners are not selling, coin reserve remains flat
Bitcoin miners appear to have paused their liquidations, according to CryptoQuant data on Feb. 5. Per streams, bitcoin miners’ reserve trend has been flat at around 1.837m BTC from Jan. 19. This marke...
Djed Stablecoin’s Depegging Restarts Reserve Debate
Earlier this week, Cardano’s recently-launched stablecoin Djed lost its peg to the U.S. dollar, drawing attention to the importance of regulatory frameworks governing stablecoin reserves. On Feb. 2, ...
Federal Reserve Hikes Rates Again; Yet Market Reacts Positively
The United States Federal Reserve increased interest rates, again. The central bank’s major tool to curb the rising inflation that recently started in March last year, continued this year as well with...
Cardano-Based Djed Stablecoin Attracts Over $27M ADA As Reserve
The Cardano-based Djed stablecoin (DJED) has attracted over 27 million ADA tokens as reserves in less than a day after its launch. Djed went live on Tuesday and had a collateral backing ratio of 600%...
The Federal Reserve (Fed) raises interest rates
Punctually last night came the FOMC and with it Powell unveiled the moves of the Federal Reserve (Fed) on interest rates, that resulted in a 25 basis point rise. The market had been expecting a change...
Federal Reserve raises interest rates another 0.25% to highest since October 2007
The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007. In it...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell – Economics Bitcoin News
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-poi...
Federal Reserve Raises Rates by 25 Basis Points
Key Takeaways The Federal Reserve raised rates by another 25 basis points. This brings federal interest rates to the 4.50% to 4.75% range. The move indicated a softening of the central bank’s hawkish ...
Wall Street Estimates On US Federal Reserve Rate Hike Decision
The U.S. Federal Reserve will announce another crucial rate hike decision during the FOMC meeting on Wednesday, February 1, primarily based on the aim to reduce inflation to 2%. Considering the coolin...
Federal Reserve expected to slow pace of interest rate hikes to kick off 2023
The Federal Reserve will kick off its first policy meeting of the year Tuesday, with investors expecting Wednesday’s policy statement to show interest rates rise at a slower rate for the second-...
Here’s The Monstrous Misconception That’s Misshaping Federal Reserve Policy
The Federal Reserve is raising interest rates again this week to combat inflation. Its thinking, shared by most economists, is that only by slowing the economy and putting people out of work, can infl...
Can The Federal Reserve Counterattack Stop Crypto Bull Run?
The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the t...
Key takeaways from Circle’s $44.5B USDC reserve report
USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in circulation. Circle’s December 20...
The Federal Reserve Is Expected to Implement Tactics That Could Help BTC
The price of bitcoin has shot up in recent weeks and is now trading for over $17K. There is high anticipation that another bull run could be heading our way given that Jerome Powell – the head of the ...
Holders of Cardano’s Stablecoin Reserve Coin To Receive Rewards For ADA Deposits
COTI has found a temporary solution to enable SHEN holders to receive delegation rewards when Djed launches. Holders of Djed’s reserve currency, SHEN, will receive rewards for ADA held in Djed’s smart...
Crypto Bank Custodia Denied Membership in US Federal Reserve System – Finance Bitcoin News
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the di...