State Street unveils stablecoin fund as GENIUS Act reshapes reserves
State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be...
Tag : Reserves
State Street launches GENIUS Act-aligned money market fund for stablecoin reserves
State Street Investment Management has launched a money market fund designed for stablecoin issuers, offering a vehicle for holding reserve assets under the framework established...
Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
In brief Strategy shares pared losses after it purchased 1,550 Bitcoin for $101 million, boosting its total holdings to 845,256 BTC. The company grew its...
ZachXBT flags JuCoin reserves as users report withdrawal delays
JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin...
Bitcoin price nears $73K as exchange reserves flash rare signal
Bitcoin is facing a mixed market setup as exchange reserves fall to rare lows while short-term price indicators and holder profitability remain weak. Summary Bitcoin...
Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt
In brief Strategy used 61% of its dedicated cash buffer ($1.38 billion) to repurchase $1.5 billion in convertible notes. Despite earlier corporate signals, the firm’s...
Bhutan moves another $8.2M in Bitcoin as state reserves keep falling
Bhutan’s government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics...
Bitcoin reserves hit 2023 lows but is the bottom confirmed?
Bitcoin reserves on major exchanges are shrinking again, as CryptoQuant analyst Amr Taha reported sharp declines on Binance, OKX, and Gemini since February. Summary Binance,...
Tether reports $1.04B Q1 profit as reserves climb to $191.8b
Tether posts $1.04B Q1 profit on a $191.8B reserve stack, leaning on US Treasuries while expanding into gold and bitcoin as stablecoin scrutiny rises. Summary...
Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B
A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?...