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The People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the last five months. The Asian state now has 2,068 tons
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Place/Date: - January 20th, 2023 at 5:12 am UTC · 3 min read Source: Orbeon Protocol Taking advantage of ORBN’s rising value, more investors in the crypto space are adding it to their portfolios with SAND and ROSE holders stockpiling more of
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“Both large-scale entities and smaller players, who secure the network via mining pools, appear to be stockpiling bitcoin,” said Pete Humiston, manager at Kraken Intelligence, in an emailed statement to CryptoX. This “supply shock” seems to have contributed to bitcoin’s price gaining more than 50% for the month to date. Source
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