Indonesian officials eye Bitcoin mining for national reserves after key meeting
Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s...
reserves
Tron Inc aims for $1B raise to bolster TRX reserves after merger boost
Tron Inc. has filed to raise up to $1 billion as part of an ambitious push to grow its TRX...
Japan’s Kitabo Turns to Bitcoin for Treasury Reserves
The manufacturing firm has turned to the asset, adopting the treasury model, citing steep financial losses. It has joined the...
Binance BTC Reserves Drop as Unrealized Gains Reach All-Time High
Binance’s unrealized profit on its Bitcoin reserves has reached an all-time high of around 60,000 BTC. The latest data revealed...
Polymarket mulls own stablecoin for efficient use of USDC reserves
Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC...
Kazakhstan Eyes Crypto for State Reserves in Bold New Plan
The National Bank of Kazakhstan (NBK) is exploring how alternative assets may aid the country’s economy. Kazakhstan’s idea for a...
Bitcoin’s current rally is fueled by stablecoins, but reserves are drying up
Key Takeaways Stablecoin reserves and miner outflows drop, signaling strong spot buying and long-term conviction. NVT/NVM ratios spike and spot...
Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M
According to a July 9 announcement, Ripple has appointed BNY Mellon as the official reserve custodian for its enterprise-focused stablecoin, Ripple USD...
Czech Republic’s central bank to invest 5% of its reserves into Bitcoin
If the central bank continues with this initiative, it could invest nearly EUR 7 billion in Bitcoin while potentially influencing...
Tether Consolidates Gold Reserves Worth $8 Billion in Swiss Vault
In an impressive display of growth, USDT issuer Tether consolidated 80 tons of gold into a single Swiss vault, representing...