The Central Bank of Russia announced on Monday the increase of its key interest rate from 9.5 percent to 20 percent that came as an emergency move. The move came as the monetary regulatory is trying t...
Tag: Reserves
Putin Is Having Easier Crisis This Time Thanks to Oil, Reserves
(Bloomberg) — Russian policy makers weren’t caught off guard when President Vladimir Putin unleashed his military on Ukraine. Most Read from Bloomberg In stark contrast to Putin’s first invasion...
Top 10 Countries With the Biggest Forex Reserves
NEWS ALERT February 24, 2022, 2:48 p.m. EST: The Russian central bank began selling foreign currency on the forex market for the first time since 2014 after Russia’s invasion of Ukraine sent the...
The Federal Reserve’s ‘War On Inflation’ Is More Important For Stocks Than The Russia-Ukraine Conflict
Topline While worries over a Russian invasion of Ukraine, which Western officials say has “already begun,” drag stocks lower in the short-term, markets face a bigger problem on the horizon with the Fe...
Luna Foundation Guard Raised $1 Billion for BTC Forex Reserves
The Luna Foundation Guard (LFG) has founded a Bitcoin (BTC) denominated forex reserve in a $1 billion private token deal for Terra’s largest stablecoin. LFG is a non-profit organization that helps to ...
Puma Reserves ENS Domain as It Enters the NFT Space
The NFT industry is witnessing a strong wave of brands getting on board. Nike and Adidas recently joined the space through their NFT collection. Puma has now also joined the list by reserving an ENS d...
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, dropping from around $30.5 billion to $24.16 billion. Tet...
Reserves attestation shows Tether cut commercial paper holdings
advertisement Tether has produced its latest attestation report, and it shows the stablecoin issuer has cut its reserve’s commercial paper and cash holdings while beefing up its holdings of mone...
Anchor Targets veTokenomics as Luna Foundation Adds $450M to DeFi Protocol’s Reserves
The Luna Foundation Guard (LFG) has topped up the Anchor yield reserve with $450 million, according to Do Kwon, CEO and founder of Terraform Labs, the South Korean entity behind the DeFi lending and b...
Here’s How Bitcoin Could Win from Federal Reserve’s Closed Meeting
Arman Shirinyan Unexpected Fed meeting could have a disruptive effect on markets Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It do...
Bitcoin Exchange Reserves Crash to Three-Year Low: Details
Yuri Molchan Glassnode has shared data indicating that Bitcoin supply on exchanges has dropped to a three-year low Contents Bitcoin exchange reserves face a major decline Santiment sees a bullish sign...
Stablecoins Reserves On All Exchanges Hit New Record High Of $27 billion
The crypto market has been on a recovery path from the slump it was in. Bitcoin, the benchmark cryptocurrency, has gained over 20% in the last seven days. The market may be poised for even more upside...
Luna Foundation Proposes $450M Cash Injection to Boost Anchor DeFi Protocol Reserves
The Luna Foundation Guard (LFG) proposed on Feb 8 to replenish the Anchor Protocol yield reserves by $450 million. The Foundation is stepping in to help the DeFi lending and borrowing protocol keep it...
Top Four Accounting Firm Buys Bitcoin and ETH For Treasury Reserves – Trustnodes
KPMG, one of the big four accounting firm with 236,000 employees and $32 billion in yearly revenue, has bought bitcoin and ethereum for its treasury reserves. “Investors such as hedge funds and family...
‘Big-Four’ KPMG Firm Adds Bitcoin and Ethereum to Its Treasury Reserves
Companies adding cryptocurrencies to their reserves have been a trending topic over the past few years and one of the largest financial services companies in Canada recently declared to add Bitcoin an...
Tether responds to CoinDesk’s intervention in ongoing reserves information case
Tether has responded to CoinDesk’s intervention submission in the latest filing related to the freedom of information court battle, claiming the conflict centers on its settlement agreements wit...
SEC reserves judgement on Grayscale’s Bitcoin ETF application yet again
The U.S Securities and Exchange Commission (SEC) is back to its rituals when dealing with an exchange-traded fund (ETF). Although the applicants might differ, the reason remains constant. Interestingl...
American Dream megamall nearly empties its reserves to make a bond payment
American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. Then came the coronoavirus pandemic. Timothy A. C...
Kraken Launches Proof of Reserves – Trustnodes
Kraken, one of the biggest and oldest crypto exchange has launched a method to prove that it holds 100% of the crypto assets deposited. “A Proof of Reserves (PoR) is an independent audit conducted by ...
Terra Founder Discusses Plan to Tackle Anchor’s Declining Reserves as LUNA Tumbles 20%
Do Kwon, co-founder and chief executive officer of Terraform Labs, laid out a series of measures on Jan. 28 to tackle the issue of depleting reserves on Anchor, the lending and borrowing DeFi protocol...
Rio De Jeneiro’s Mayor Reveals 1%Of Its Treasury Reserves Will Be Poured Into Cryptocurrencies
Brazil’s second most populous city, Rio de Janeiro, is still on course to invest in crypto. The mayor of the city, Eduardo Paes, announced that Rio plans to allocate 1% of its treasury reserves to cry...
Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
By investing 1% of its treasury reserves in crypto, the Brazilian city of Rio de Janeiro seeks to become a global crypto hub and lessen locals’ distrust towards cryptocurrencies, Rio de Janeiro&...
Rio de Janeiro mayor to invest 1% of city reserves into Bitcoin
The adoption of Bitcoin continues to surge globally. The latest country to come into the limelight in crypto matters is Brazil, after the mayor of Rio de Janeiro announced plans to allocate 1% of the ...
Ravendex Reserves An Earth Node With World Mobile Token As They Aim To Provide Internet Access In Africa
Advertisement     Ravendex announced that it has collaborated with World Mobile Token to reserve an Earth Node. The Ravendex team feels the project will help bring in...
Oil Buyers Unfazed by China’s Plan to Release Oil Reserves
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading sharply higher late in the session on Friday, bolstered by supply constraints and geopolitical concerns ove...
Brazilian Mayor Eduardo On Why He’s Keen On Investing Part Of City’s Treasury Reserves In Bitcoin ⋆ ZyCrypto
Advertisement     The mayor of Rio de Janeiro intends to put 1% of the city’s Treasury reserves into cryptocurrencies. He wants to turn the second-most populous city i...
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly announced plans for “Crypto Rio,” o...
Rio de Janeiro Plans to become “Crypto Rio” by Storing Part of its Reserves in Bitcoin
Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin. Speaking during Rio Innovation Week, Mayor Eduardo Paes reve...
Federal Reserve’s Jerome Powell provides a Bitcoin bounce, can it continue?
12 January 2022, London, UK. Bitcoin finally bounced yesterday off of the $40k support level (previously mentioned as being so critical) as Federal Reserve Chairman Jerome Powell said, ‘we probably re...
$1.3B of Bitcoin Withdrawn from Exchanges as Miners’ Reserves Reach Yearly High
After the most recent correction in which BTC lost 15% of value in days, bitcoin miners have started to accumulate in large portions once again. At the same time, yesterday saw the most significant bi...