The Growing Discussion Around Bitcoin as a Viable Reserve Asset for Central Banks Introduction A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the…
Tether Under Federal Investigation Overview In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus…
EUR/USD Trims Near-Term Rebound, Keeping Bids Trapped Near 1.0800 Handle Frustration Mounts as Fiber Continues to Decline EUR/USD trimmed a near-term rebound on Friday, slamming the door on a clean bullish recovery and keeping bids trapped near the 1.0800 handle to round out the trading week. The ongoing decline in the pair has led to…
Portland General Electric Company (NYSE:POR) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants: Nick White – Manager, Investor Relations Maria Pope – President and Chief Executive Officer Joe Trpik – Senior Vice President Finance and Chief Financial Officer Welcome, dear readers, to the latest scoop on Portland General Electric Company’s…
Is Bitcoin Bullish in a Period of Fiscal Dominance? A New Perspective on Government Deficits and Monetary Policy Lyn Alden, a renowned investment strategist, argues that the U.S. has entered a period of “fiscal dominance,” where government deficits are driving monetary policy. This shift could have significant implications for the financial landscape, making Bitcoin an…
Indian Crypto Exchange WazirX Releases Proof-of-Reserves Report The Importance of Transparency in the Crypto Industry Indian cryptocurrency exchange WazirX recently made headlines by disclosing its proof-of-reserves (PoR) report, which revealed that over 40% of customer assets are stored on third-party exchanges. This move towards transparency is a significant step for the exchange, as it aims…
Federal Investigation into Tether Explores Possible Sanctions and Money Laundering Violations U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S. sanctions and anti-money-laundering regulations, according to a report. What Happened: This inquiry, conducted by the Manhattan U.S. Attorney’s Office, is investigating possible misuse of Tether’s stablecoin in activities…
Bitcoin Whale: 12-Year-Old Wallet Transfers 399 BTC—Tied to the 2011 Bitcoin Whale On Oct. 25, a long-dormant bitcoin wallet from June 5, 2012—12 years and 4 months old—sprang back to life, moving 399 BTC. This month has captivated many as several old wallets, especially from 2011, have awakened while bitcoin’s value remains higher than in…
