VanEck Digital Assets Chief Research Officer Matthew Sigel posted a disclosure that Florida Republican Representative and gubernatorial candidate Byron Donalds pledged support for the inclusion of bitcoin in state reserves on Fox News. Donalds volunteered without being asked: "Digital assets have found a home in Miami-Dade County. We hope to continue to grow on this framework. For the state's portfolio, I hope to be able to include bitcoin as part of the state's fiscal portfolio."...
There is a view that Musk's request for an audit of the country's gold reserves may be a prelude to a revaluation. Click to view...
Do you want to check the account to find the "big vault"? What is the situation of the US gold reserves targeted by Musk?
The US EIA strategic petroleum reserve stocks 0 barrels in the week to February 14, and the previous value was 249,000 barrels.
The US Strategic Petroleum Reserve did not increase during the week of February 14, the first time since December 2023.
"When it comes to sovereign wealth funds, I said, 'monetizing the balance sheet' is definitely not what I want," Mr. Bescent, the Treasury secretary, said of revaluing gold reserves. Pressed if he would discuss the issue, he repeated, "It's not what I want." Gold reserves are currently priced at $42.22 an ounce, the traditional official price from decades ago. Revaluing these assets based on current market prices could...
According to market news, the strategic bitcoin reserve legislation in Montana has passed committee consideration and is about to enter the House of Representatives voting stage. Previously reported, on February 9, Montana House Bill 429 would authorize the state treasurer to invest up to $50 million from the general fund in'digital assets with a market capitalization of more than $750 billion, 'or bitcoin, until July 15, 2025. These investments must be held by a qualified custodian or made thro...
Nasdaq-listed company Semler Scientific, which adopts bitcoin reserve strategy, announced its financial performance report for 2024, in which it disclosed that it held 2,298 BTC as of December 31, 2024, and the BTC yield was 107%; then it added 894 BTC at the end of last year to February 14 this year. As of now, the total holdings of bitcoin have reached 3,192 BTC, and the total purchase amount is 280.40 million US dollars.
Analysts at JPMorgan estimate that only 66% to 83% of Tether's reserves are compliant with proposed US stablecoin regulations and may require an asset restructuring. If the regulations are passed, analysts say Tether may need to sell bitcoin and other non-compliant assets in favor of buying US Treasuries and liquid reserves.
There is a view that Trump may reassess the US gold reserves and adjust the US Treasury's gold pricing to improve the fiscal situation. Click to view...
China's gold reserves stood at 73.45 million ounces at the end of January, compared with 73.29 million ounces at the end of December.
Federal Reserve Governor Paul Waller said he did not expect the dollar to lose its reserve currency status.
The US EIA strategic petroleum reserve stocks 250,000 barrels in the week to January 31, and the previous value was 248,000 barrels.
The US EIA strategic petroleum reserve inventories for the week ending January 31 were the highest since the week ending November 4, 2022.
The US EIA strategic petroleum reserve stocks 249,000 barrels in the week to January 17, and the previous value was 500,000 barrels.