Bitcoin (BTC) Price Returns to $26K Ahead of Federal Reserve’s Jerome Powell at Jackson Hole
BTC was changing hands at $26,042 at press time, down roughly 2.6% from its Wednesday high of $26,789. Ether ...
Tag: Reserves
Federal Reserve’s Rate Hike Cycle Has Peaked, Investment Banks Say
Back then, most central banks, including the Fed, were pumping record amounts of money into the system through zero ...
Huobi's Stablecoin Reserves Down 30% Amid Reports of Executive Arrests
Data from Nansen.ai shows that users have withdrawn $44.8 million in stablecoins during the last week. Source link
Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter
The company said its operational profits exceeded $1 billion in Q2 this year. Source link
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the ...
TrueUSD’s Reserves Were Attested by Former FTX.US Accounting Team
Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations ...
USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital ...
USDT Stablecoin Issuer Tether Reveals Bitcoin, Gold Reserves, Reports Q1 $1.48B Profit
According to the Q1 attestation signed by financial services firm BDO Italia, Tether held about $2.44 billion in excess ...
Stablecoin Reserves Need to Be Diverse, European Banking Authority Chief José Manuel Campa Says
The bloc’s Markets in Crypto Assets rules, known as MiCA, are set to take effect as of 2024, but ...
U.S. Federal Reserve’s Real-Time Payments System Coming In July
“We urge financial institutions and their industry partners to move full steam ahead with preparations to join the FedNow ...
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