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...
reserves
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...
Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services
Circle applied to charter First National Digital Currency Bank to become a federally regulated trust that would manage USDC reserves...
Anthony Pompliano’s Firm Targets $1 Billion in Bitcoin Reserves
ProCap BTC, a Bitcoin (BTC) financial services company led by prominent crypto advocate and investor Anthony Pompliano, has announced plans...
Shiba Inu Exchange Reserves Surge to $929 Million in 24 Hours
New bullish attitude towards SHIBBinance tops exchanges in SHIB inflows The exchange balance of Shiba Inu on all platforms surged...
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes...
Ethereum’s strategic reserves hit nearly 1% of supply as top holders dominate
The amount of Ethereum (ETH) held in strategic reserves is nearing a critical benchmark, with nearly 1% of the crypto’s...