Tag: Reserve

Reserve Rights (RSR) Price Surges 52% – Sustainable or Short-Lived?

Reserve Rights (RSR) price is one of the many cryptocurrencies that have charted astonishing rallies in a single day this month. However, looking at...

No March Interest Rate Cut by the Federal Reserve

BlackRock’s executive Rick Rieder shares insights on the Federal Reserve’s interest rate plans. Rieder suggests a cautious Fed approach, possibly delaying rate cuts...

Why a Japan CBDC Will Teach the Federal Reserve a Lesson

The Bank of Japan (BoJ) has announced it will review plans to roll out a central bank digital currency (CBDC) in the spring...

What TrueUSD Depeg Reveals About Its Reserve Holdings

TrueUSD, a stablecoin linked to the founder of the Tron blockchain, Justin Sun, depegged in the past 24 hours to below $0.97. This...

Tether Plans to Publish Real-Time USDT Reserve Data

Paolo Ardoino, recently promoted to CEO of Tether, said in an interview that the USDT issuer will soon start publishing real-time data on...

US Congress Bans Federal Reserve from Creating CBDC

Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many...

Federal Reserve Says US CBDC Issuance is Far Off

In a speech at the Federal Reserve Bank of Philadelphia’s Seventh Annual Fintech Conference, Vice Chair for Supervision Michael S. Barr articulated the...

Hedera (HBAR) Gains 13% Following Federal Reserve Integration

The Hedera (HBAR) price has cleared a long, and short-term diagonal resistance line. It increased sharply on August 14. The price action and...

Federal Reserve Puts an End to 10-Month Rate Rise

The US Federal Reserve has finally decided to end its long run of rate hikes. For some, the move is a sign that...

Federal Reserve Hikes Interest Rates Again, Crypto Market Mixed

The U.S. Federal Reserve has once again raised interest rates in an effort to curb inflation. The crypto market had a mixed reaction...

From Crypto Craze To Currency King: Bitcoin’s Potential To Replace The Dollar As The Global Reserve

Bitcoin is often pitched as a possible contender to become the next global reserve currency. However, it faces many hurdles, none more significant...

Tether and US Federal Reserve Fired Up Money Printers in March

Tether, the company behind the most-traded cryptocurrency on the market today, produced $9,700,000,000 worth of stablecoin in March. This figure surpasses even the...

Circle Aims to Hold USDC Cash Reserve With the Federal Reserve

Circle CFO Jeremy Fox-Geen published a post that discussed Circle’s aspirations to hold its cash reserves with the United States Federal Reserve. Currently,...

Federal Reserve Increases Interest Rates by 25 Basis Points

The Federal Reserve has increased the federal funds rate by 25 basis points, causing the S&P 500 to rise 0.3% and the Dow...

Federal Reserve Takes Coordinated Action to Boost Dollar Liquidity

The United States Federal Reserve is taking coordinated action with other central banks. The goal is to enhance liquidity provision via the standing...