US-based peer-to-peer payments company Circle has moved some of its USD Coin (USDC) stablecoin reserves into a fund controlled by $10 trillion asset management firm BlackRock. In a blog post written b...
Tag: Reserves
FTX’s Ethereum (ETH) Reserves at 2-Year Lows – crypto.news
CryptoQuant’s recent analytics data indicate FTX Exchange has had its ETH reserves plummet to an all-time low since November 2020. CryptoQuant Uncovers CryptoQuant is a platform that displays market d...
FTX’s Ethereum (ETH) Reserves Collapses Amid Liquidity Issues
Problems for crypto exchange FTX continue to pile up as Binance liquidates its FTT holdings and processing Bitcoin and stablecoins transfers suffer delays. In addition, Ethereum reserves on the crypto...
FTX stablecoin reserves plunge as community fears bankrun
The crypto community fears FTX might cause another Terra-like crash after the stablecoin reserves on the exchange fell significantly over the last 24 hours. FTX stablecoin outflow leads other exchange...
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year – Bitcoin News
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer US...
Circle Begins Putting Reserves Into New BlackRock Fund
“This is a wrapper for the USDC reserve that brings benefits of that wrapper to the USDC and the ecosystem,” said Circle Chief Financial Officer Jeremy Fox-Geen, in an interview with CoinD...
Circle to put a portion of USDC reserves into new BlackRock fund
Circle, the issuer of the stablecoin USDC, set up a new fund with BlackRock to help manage the stablecoin’s reserves. Circle will place a portion of USDC reserves into the Circle Reserve F...
Bitcoin Exchange Reserves Down To Just 12.2% Of Supply As 123.5k BTC Gets Withdrawn In Oct
Data shows the Bitcoin exchange reserve has now declined to just 12.2% of the total supply, after investors withdrew 123.5k BTC this month. Bitcoin Percent Supply On Exchanges Shrinks To 12.2% Accordi...
Depleting strategic oil reserves could prove ‘painful in the months to come’: Saudi energy minister
“‘It is my profound duty to make it clear to the world that losing emergency stock may become painful in the months to come.’” — Prince Abdulaziz bin Salman, Saudi energy minister That’s Prince Abdula...
Gas Prices Fall For 7 Days As White House Considers Selling Emergency Reserves To Avoid Dreaded Return To $4 Mark
Topline The Biden Administration is planning to tap into the country’s emergency petroleum reserves in an attempt to cut gas costs ahead of the midterm elections next month, sources told Reuters, even...
Bitcoin’s Mining Reserves Plunge To 12-Year Low
Advertisement     Bitcoin miners suffer losses as their reserves drop to a 12-year low making it uniform with 2010 figures. Miners’ share of bitcoin in circulation rem...
USDT issuer Tether no longer holds commercial paper in its reserves
Join Our Telegram channel to stay up to date on breaking news coverage Tether Holdings Limited, the issuer of the USDT stablecoin, has reduced its exposure to commercial paper to zero. By doing this, ...
Tether Cuts USDT Commercial Paper Reserves To Zero
The post Tether Cuts USDT Commercial Paper Reserves To Zero appeared first on Coinpedia Fintech News On October 13, Tether declared that it has reduced its holdings of commercial paper to zero and wil...
Fed Governor Christopher Waller is against US CBDC; Tether gets rid of commercial paper reserves
The biggest news in the cryptoverse for Oct. 14 includes Tether reducing commercial paper reserves to zero, Bitcoin surging above $19,000 following a decline after CPI data and Mango Markets voting to...
Tether reduces commercial paper reserves for USDT to zero
Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. Tether announced on Oct. 13 that it has cut its commercial paper to zero and wi...
Tether Cuts $30 Billion Of Commercial Paper From Reserves
The world’s largest stablecoin, Tether, completed a significant milestone today, announcing that it had slashed its commercial paper holdings to zero. According to a blog post, the commercial paper ho...
Tether Eliminates Commercial Paper From Reserves in Transparency Push
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin announced the milestone today in a blog post that it would replace those investments with U.S. Treasury Bill...
Tether Ditches Commercial Paper Reserves for T-Bills
Key Takeaways Tether has shrunk its commercial paper holdings to zero. U.S. Treasury Bills now make up the majority of Tether’s reserves. So far, Tether’s increased transparency hasn’t helped it shed ...
Loan loss reserves will be ‘a drag on overall bank earnings,’ JPM strategist says
U.S. banks are poised for another lackluster earnings season as market turmoil dries up dealmaking activity, but lower investment banking revenues aren’t the only culprit of this year’s shrinking prof...
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
“Do not waste your reserves to protect your currency,” IMF Managing Director Kristalina Georgieva said during an on-stage discussion at the organization’s annual meeting in Washington, D.C. R...
Bitcoin Mining Reserves Falls to Decade Low Amid Low Price
3 hours ago | 2 mins read Bitcoin News Bitcoin miners had a total of 1.91 million BTC in their wallets. The analytics firm’s miner reserve is the total amount of Bitcoin kept in wallets. IntoTheBlock,...
Bitcoin Mining Reserves Are at a 12-Year Low—Here’s Why
The amount of Bitcoin held in reserve by mining companies has fallen to lows not seen since February 2010, according to blockchain analytics firm IntoTheBlock. And that’s been true for most of this ye...
MakerDAO’s $500M Investment To Bolster DAI Reserves
MakerDAO has invested $500 million of its reserves in traditional assets to diversify its balance sheet and strengthen the DAI stablecoin backing. Investing In Traditional Assets Decentralized autono...
How Armanino Audits Crypto Reserves: Clayton Lowery at SmartCon 2022
How Armanino Audits Crypto Reserves: Clayton Lowery at SmartCon 2022 Clayton Lowery of Armanino LLP joins Decrypt’s Dan Roberts and Stacy Elliott at Chainlink SmartCon 2022 to talk about how Arm...
The Federal Reserve’s chance of a policy error has increased: JPMorgan
Don’t let the feel-good vibes that kicked off markets in the fourth quarter lead you astray: The Federal Reserve and other central banks could still screw it all up through aggressive monetary p...
Tether increases reserves in Treasury bills
Yesterday, Tether announced that it had increased its reserves in Treasury Bills to 58%. In June, this percentage was less than 44%. #tether portfolio update. Tether as of 30 September 2022 holds ~58...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Coinotizia
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
U.S. Treasury bills now make up more than half of Tether’s reserves
U.S. Treasury bills account for 58.1% of stablecoin issuer Tether’s reserves, the firm’s CTO, Paolo Ardoino, said on Monday. Throughout 2022, Tether has repeatedly made it known that it pl...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Bitcoin News
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
BTC Miners Reserves Reach Their Lowest Level in a Decade
Bitcoin miners are now holding fewer than 2 million BTC on reserve, according to data from IntoTheBlock. That’s the lowest amount of Bitcoin held by all tracked pools and miners since 2010, following...