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Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

“Some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process, especially in light of abundant liquidity in money markets,” according to the minutes from the Fed’s Dec. 14-15 meeting, published Wednesday at 2 p.m. ET (19:00 coordinated universal time). Original Source

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MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion

Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov.

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TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal

The list will “highlight those companies that are having the most impact within the space,” some of which may be blockchain companies, while others could be providing solutions provide solutions “to make experiences within the metaverse more accessible, impactful or successful for businesses and consumers,” Grossman told CryptoX via email. Source

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Chainalysis will add Bitcoin to its balance sheet as price surges

Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services.In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital Investment Group, or NYDIG, to buy an undisclosed amount

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The infrastructure bill is hanging in the balance. What would its enactment mean for crypto?

Later today, the United States House of Representatives is expected to vote on the bipartisan Infrastructure Investment and Jobs Act of 2021, a bill authorizing sweeping investments in domains such as passenger rail, bridge repair, clean and wastewater facilities, clean energy transmission, and universal access to high-speed internet. Also tucked

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Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K

The total amount of Ether (ETH) held by all the crypto exchanges fell to its lowest levels, just as its prices rose back above $3,000 per token on Sept. 23.Data collected by CryptoQuant, a blockchain analytics platform, showed that exchanges' net Ethereum token reserves dropped to 18.533 million ETH, compared

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