Justin Sun says Tron will boost Bitcoin reserves after Binance call

Tron's increased Bitcoin reserves could strengthen its market position and influence, highlighting Bitcoin's central role in crypto stability. The post Justin Sun says Tron will boost Bitcoin reserves after Binance call appeared first on Crypto Briefing.

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Binance to convert $1B SAFU fund into Bitcoin reserves

Binance's shift to Bitcoin reserves may enhance user trust but also increases exposure to crypto market volatility, impacting fund stability. The post Binance to convert $1B SAFU fund into Bitcoin reserves appeared first on Crypto Briefing.

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Tether adds 9,850 Bitcoin to reserves over the past month

Tether's increased Bitcoin reserves may enhance its stability and resilience, potentially influencing broader market confidence in stablecoins. The post Tether adds 9,850 Bitcoin to reserves over the past month appeared first on Crypto Briefing.

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Bitcoin faces risk of pullback amid rising exchange reserves: Analysis

Bitcoin may be entering a short-term correction phase, as on-chain and market sentiment indicators flash caution despite an overall bullish trend. According to a July 20 analysis by CryptoQuant contributor ShayanMarkets, Bitcoin (BTC) reserves on centralized exchanges have risen to…

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Bitcoin Exchange Reserves hit record low, but no one’s selling: What gives?

Bitcoin’s Exchange Reserves dropped to 2.2 million BTC, hitting the lowest level ever recorded on CEXes. With supply shrinking and conviction rising, BTC may be gearing up for a fresh rally iThe post Bitcoin Exchange Reserves hit record low, but no one’s selling: What gives? appeared first on AMBCrypto.

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Bitcoin Miner Reserves drop 42% - How will this impact the price?

BTC miner reserves were shrinking, signaling selling pressure even as Bitcoin price trended upward. Bitcoin's Hash Rate remained high, but declining reserves suggest miners are uncertaiThe post Bitcoin Miner Reserves drop 42% - How will this impact the price? appeared first on AMBCrypto.

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Bitcoin Reserve? South Korea joins Japan, Switzerland in...

The Bank of Korea rejects Bitcoin reserves, citing high volatility and transaction cost concerns. Global sentiment on Bitcoin reserves remains divided, with major economies exercising caution.

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Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves

Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17.

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Czech National Bank advances Bitcoin study for possible reserves

The chances of a European central bank holding Bitcoin reserves have just increased, despite comments from ECB President Christine Lagarde stating that the asset is unsuitable.

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Flockerz Presale Ends in 4 Hours. Next Meme Coin to 100x as US Prepares for Bitcoin Reserve?

Bitcoin Strategic Reserves aren’t just for the US federal government, it turns out. With multiple states introducing legislation to this effect, the movement to establish Strategic Bitcoin Reserves is gaining momentum in the US, building on a campaign promise made in 2024 by now-president Donald Trump.

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Swiss chancellery approves proposal to include Bitcoin in national reserves

Switzerland’s Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC).

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New Initiative Aims to Add Bitcoin to Balance Sheet of Swiss National Bank

Adding Bitcoin to SNB's reserves would require changing federal constitution

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Texas, Ohio, and Pennsylvania to create the state-level Bitcoin reserves. What are these bills?

Three of the 50 states of America are expected to create local Bitcoin reserves soon. The bills differ from the proposal of the American National Bitcoin Reserve and demonstrate local specifics. America is bullish on Bitcoin. Allegedly, each fifth American…

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Japan Lawmakers Calls for Adoption of Bitcoin Reserves and DOGE Policy Innovation

Japanese lawmaker Satoshi Yamada has formally questioned the government on converting part of the country’s foreign reserves into cryptocurrencies like Bitcoin. The post Japan Lawmakers Calls for Adoption of Bitcoin Reserves and DOGE Policy Innovation appeared first on BeInCrypto.

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Bitcoin - Examining the true meaning of exchange reserves on Binance, Coinbase

Bitcoin's exchange flow and reserves have fallen over the last few months A move towards $100k remains very likely for world's largest cryptocurrency Bitcoin reserves across centralized exchThe post Bitcoin - Examining the true meaning of exchange reserves on Binance, Coinbase appeared first on AMBCrypto.

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Bitcoin could rally as exchange reserves fall, stablecoins gain in market cap

Bitcoin price wavered on Wednesday, Sept. 11, as traders reflected on the Donald Trump and Kamala Harris debate. Bitcoin exchange reserves have dived Bitcoin (BTC) retreated to $56,700 from this week’s high of $58,000 while Trump-themed tokens like MAGA (TRUMP)…

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Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says...

Legislative Council member Johnny Ng proposed the integration of Bitcoin into Hong Kong's financial reserves. Meanwhile, Trump pledged a strategic U.S. Bitcoin reserve, boosting national economThe post Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says... appeared first on AMBCrypto.

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Bitcoin miners unload their reserves at fastest pace in over one year, data shows

Bitcoin miners and the German government are selling their reserves, with Bitcoin's market dominance hitting a 3-year high. The post Bitcoin miners unload their reserves at fastest pace in over one year, data shows appeared first on Crypto Briefing.

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Swiss Central Bank Urged to Add Bitcoin to Balance Sheet

A group of Bitcoin advocates in Switzerland are urging the country's central bank to add Bitcoin to its reserves. They aim to hold a referendum to amend the constitution to require Bitcoin reserves.

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Time To Remove Your Funds From This BIG Exchange? Draining Bitcoin Reserves and Troubled Waters

Huobi Global, one of the prominent cryptocurrency exchanges, is facing a concerning situation as its Bitcoin reserves dwindle and challenges loom ahead. The exchange’s Bitcoin balance has plummeted drastically since 2022, raising questions about its financial stability.

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Bitcoin’s Mining Reserves Plunge To 12-Year Low — What This Means For BTC Price

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Bitcoin may witness a short-term bounce that has everything to do with reserves 

Bitcoin [BTC] has been attempting mid-week bounces for the last few weeks to break free of the ongoing bearish grip. The latest observations in the market suggest that a similar outcome might occur thThe post Bitcoin may witness a short-term bounce that has everything to do with reserves  appeared first on AMBCrypto.

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El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves

El Salvador’s Bitcoin reserves diminished by 50% and lost more than $50 million with the recent Bitcoin price fall. The post El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves appeared first on CryptoSlate.

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Did conflicting reports about Evergrande defaulting cause Bitcoin to tank?

Fears about the stock market and Tether's reserves have also led some to believe the Bitcoin price could be in trouble.

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Leading T-Shirt Printing Company to Convert Its Cash Reserves to Bitcoin, Ethereum and Other Cryptocurrencies

Custom apparel company RushOrderTees will put $1 million of its cash reserves into Bitcoin, Ethereum and other cryptocurrencies

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Grayscale Added 150% of All Bitcoin Mined in January

Demand for Bitcoin is undoubtedly growing every day. On Feb. 8, Tesla announced that it purchased $1. 5 billion in BTC using its cash reserves. This immediately caused the asset to spike to new all-time highs above $43,000.

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Massive Accumulation By Bitcoin Whales Drives Down Exchanges’ Reserves By $5 Billion

A drop of over $5 billion worth of Bitcoin on crypto exchanges reserves in the last one year hints at heightened accumulation by Bitcoin Whales, according to data by on-chain analysis platform CryptoQuant.

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Grayscale Now Owns 2.5% Of All Bitcoin In Circulation After Increasing Its Reserves By 17,100 BTC

Grayscale Investments, LLC offers institutional investors the simplest custodial solution. Through the Grayscale Bitcoin Trust (GBTC), high-net-worth investors and institutions can gain bitcoin exposure without having to hold the asset.

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Pax Gold (PAXG): a Cryptocurrency that allows you to have Physical Reserves in Gold

For thousands of years, gold has been the most valuable physical asset of humanity, or at least the most popular. This is not only because it is scarce and unlimited, as is also the case with bitcoin.

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Max Keiser Believes Shareholders Will Demand Corporations to Grab Bitcoin Following Microstrategy's Suit

Max Keiser praises Microstrategy's purchase of Bitcoin, while pro-Bitcoin restaurant chain Tahini's urges corporations to convert part of their cash reserves into Bitcoin

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Nasdaq-Listed MicroStrategy May Soon Buy More Bitcoin After Forking Out $250m

Earlier this year, MicroStrategy made the news across the world when it became the first major, U. S. stock exchange-listed company to invest in Bitcoin. The Nasdaq-listed firm, whose shares trade under MSTR, purchased $250 million worth of the leading crypto from its cash reserves.

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MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves

MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August.

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Tether reserves drop, signs of trouble?

Stablecoins have added $100 million a day in market capitalization over the past three months. Tether has contributed to this market cap with a trading volume that is 1.84 times that of Bitcoin as of The post Tether reserves drop, signs of trouble? appeared first on AMBCrypto.

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Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K

The U. S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation.

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Bitcoin platform Shakepay introduces “Proof of Reserves” report and cold wallet insurance

Shakepay, a Canadian-based bitcoin platform, today announced it has added additional safeguards for its customers through a third-party proof of reserves and security report with CipherBlade, as well as a 1-to-1 cold wallet insurance policy through Aon.

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Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup

The number of addresses on Bitcoin’s “rich list" is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account.

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Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin

On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset.

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The Herd is Coming: Software Startup Snappa Converts its Cash Reserves into Bitcoin

It has started! MicroStrategy invested $250 million, and then Tahini’s converted all of their cash reserves into Bitcoin. Now, the graphic software startup, Snappa, is replacing 40% of its cash reserves with the largest digital asset.

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Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin

Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."

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Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin

Canada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that its entire cash reserves have been converted into bitcoin.

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Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin

Like small- and medium-sized business owners around the world, Ali Hamam was hit hard by coronavirus. But then he turned to Plan B. The post Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin appeared first on Bitcoin Magazine.

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Another Company Goes All-in In Bitcoin; ‘A Much Better Alternative To Saving Cash’

After billionaire investor Paul Tudor Jones and MicroStrategy, now a small company, a restaurant called Tahinis that specializes in middle eastern cuisine has jumped into Bitcoin. The company took to its Twitter account to share that they have converted their “entire” cash reserves, originally used as savings, into Bitcoin.

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Canadian Restaurant Tahinis Converts Entire Cash Reserves to Bitcoin

In another testament to the growing popularity of Bitcoin (BTC), a Canadian restaurant recently swapped its entire cash reserves for BTC. As stimulus payments offset COVID-19 economic shutdowns, an influx of cash is making its way into circulation.

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Bitcoin News Roundup for Aug. 18, 2020

With bitcoin's exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk's Markets Daily is back for your latest crypto news roundup!

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Why This Nasdaq-Listed Company Is Going All-In on Bitcoin

Bitcoin has become a popular investment vehicle amongst retail and institutional investors, but it is also becoming a reserve asset for some companies. Per an announcement from earlier today, a Nasdaq-listed business intelligence company is now turning to the benchmark cryptocurrency to store their capital reserves, calling it an asset that can be “superior to […]

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Wall Street Company Buys a Massive $250 Million in BTC

MicroStrategy Inc, a Nasdaq-listed public company, has turned a majority of its reserves into bitcoin. The purchase of over 20,000 bitcoin cost more than $250 million. The Real Deal Michael J Saylor, CEO of MicroStrategy, announced today that his company has purchased a massive amount of bitcoin.

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Dollar Reserves Surpass Bitcoin’s Dominance

Bitcoin’s dominance has fallen to 61% of all cryptos, that being the lowest in a year and may fall more. Ethereum is the chief culprit, gaining significantly in value against...

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Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism

The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.

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Bybit Pledges up to 10 BTC Charitable Donation from WSOT Prize Pool to UNICEF

Crypto derivatives exchange Bybit has dipped into its bitcoin reserves and pledged up to 10 BTC to Covid-19 relief. The benevolent gesture will support humanitarian efforts made by UNICEF, who will receive the donation, while further raising the profile of Bybit’s World Series of Trading (WSOT) competition.

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