The US EIA strategic petroleum reserve stocks 249,000 barrels in the week to January 17, and the previous value was 500,000 barrels.
The US EIA strategic petroleum reserve inventories for the week ending January 17 were the highest since the week ending November 4, 2022.
"Using our energy reserves will make America the world capital of AI and cryptocurrency," Mr. Trump said.
Coinbase on Friday endorsed the idea of a U.S. strategic reserve of bitcoin as part of a blog post by its CEO Brian Armstrong on "economic freedom." "Economic growth comes from free market capitalism, deregulation, small government and technological innovation," he wrote. "If the rest of the G20 wants to participate in economic prosperity, join in embracing economic freedom and free markets...
The Federal Reserve's Williams said the dollar remains the reserve currency of the financial system and should continue to do so.
The US EIA strategic petroleum reserve stocks 500,000 barrels in the week to January 10, and the previous value was 247,000 barrels.
US strategic petroleum reserve inventories in the week to January 10 were the highest since the week of November 4, 2022. US commercial crude oil inventories excluding strategic reserves in the week to January 10 were the lowest since the week of April 1, 2022.
On January 13, Pan Gongsheng, Governor of the People's Bank of China, said in his speech at the opening ceremony of the Asian Financial Forum that he will support the development of Hong Kong's capital markets and continue to deepen the interconnection of financial marekt between the two places. The prosperity and development of capital markets is the core and cornerstone of Hong Kong's international financial center. We will explore expanding the macro-prudential and financial stability functio...
A number of Federal Reserve officials have said that the dollar and gold have risen together for three days! Russian-Ukrainian negotiations may be held in the first half of 2025, and the commander-in-chief of the Lebanese army has won the presidential election... What major events have happened around the world last night and this morning?
The US EIA strategic petroleum reserve stocks 260,000 barrels in the week to December 27, and the previous value was 260,000 barrels.
CryptoQuant contributor Darkfost posted that Binance's stablecoin reserves reached an all-time high of $31 billion on December 11. Notably, Binance's stablecoin reserves were only $7 billion in June 2023 and have increased nearly fivefold since then. The increase in stablecoin reserves usually means that buying pressure is rising. The current reserves remain around $30 billion, indicating that investors are still actively active in the market and may continue to maintain strong buying pressure.
The US EIA strategic petroleum reserve stocks 260,000 barrels in the week to December 20, and the previous value was 500,000 barrels.
Mr. Trump has publicly backed the bitcoin reserve plan, pushing the US government to hoard bitcoin as a strategic asset. The plan has the support of politicians including Mr. Porter and Mr. Loomis, and has drawn bipartisan attention. Mr. Trump's endorsement has given political momentum to the once-sidelined concept and has been a watershed moment for the cryptocurrency market. A Democratic congressman from California and a Republican senator from Wyoming have proposed including bitcoin in the US...
MicroStrategy, which issues shares or zero-coupon debt secured by a small amount of bitcoin reserves in order to buy large amounts of bitcoin through simple arbitrage, announced in October that it plans to use these methods to raise $42 billion in three years and is accelerating towards that goal. Bernstein analysts believe that "MicroStrategy is doing a Bitcoin leverage game". Analysts say longer debt periods...