Cryptocurrency Analysis and News Portal
On-chain data shows Bitcoin exchange reserves have sharply increased in value, a sign that the selloff may not be over yet. Bitcoin Exchange Reserve Observes Rapid Rise As pointed out by an analyst in a CryptoQuant post, a high number of coins have entered exchanges over the last day. The “exchange reserve” is
Read More
The reality is, this industry doesn't even know that the Fed wants to hear from them, let alone how to talk to the Fed. The simplest way I would implore your audience [to do] is, number one, our virtual door’s open. If you have a contact or you know how
Read More
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering marginally above $20,000
Read More
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account. Source
Read More
Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse or non-existent.In the last five years, there have been a number of
Read More
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA
Read More
Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report. Source
Read More
Seven days ago, Cryptox.trade News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In
Read More
This left 28,205 BTC in Terra’s reserves. At 1 a.m. UTC on May 10, those remaining reserves were moved in their entirety, in a single transaction, to an account at the cryptocurrency exchange Binance. Again it is not possible to identify whether these assets were sold or subsequently moved to
Read More
President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin as legal tender in 2021 Justin Sun’s Tron DAO Reserve also purchased 500 BTC during Monday’s market tumble The massive buy could be earmarked for Tron’s USDD algorithmic stablecoin reserve El Salvador announced a
Read More