Crypto miner HIVE Digital’s shares soar amid 263% surge in Bitcoin reserves
HIVE Digital Technologies has reported strong Q3 FY2025 revenue, fueled by Bitcoin mining and high-performance computing services. Canadian crypto mining firm HIVE Digital Technologies saw its shares rising 2.57% on Wednesday after it revealed its third-quarter results for fiscal year 2025, which showed strong growth. In a Tuesday press release, the Vancouver-headquartered firm reported total […]
Poland’s Central Bank rules out Bitcoin for reserves
The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns. NBP President and Monetary Policy Council Chairman Adam Glapiński emphasized the necessity of absolute security in reserve assets during a recent press conference, according to the Warsaw Business Journal. He stated, “We will […]
Bitcoin reserves and sovereign wealth funds in the US, explained
Congress is advancing crypto regulation, but confusion remains over sovereign wealth funds and Bitcoin reserves. Source link
Bitcoin not suitable for ECB reserves, says Lagarde
European Central Bank president Christine Lagarde said the bank would not consider holding Bitcoin reserves, even as sovereign entities increasingly turn to the asset. A longtime Bitcoin (BTC) skeptic, Lagarde remained unmoved by the growing trend of using Bitcoin as a reserve asset to hedge against inflation as a reserve asset to hedge against rising […]
Czech National Bank advances Bitcoin study for possible reserves
The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl. Previously, Michl […]
ECB president ‘confident’ Bitcoin will not enter central bank reserves
Christine Lagarde seemed to dismiss concerns that Czechia’s central bank would adopt Bitcoin as a reserve asset. Source link
Czech central bank eyes holding up to 5% of reserves in Bitcoin: report
Governor Aleš Michl plans to propose a Bitcoin investment to the Czech National Bank’s board, potentially allocating up to 5% of reserves to the digital asset. Czech National Bank Governor Aleš Michl is making a bold move, one no other Western central bank has taken so far: he wants to put Bitcoin (BTC) in the […]
Oxbridge to add Bitcoin and Ethereum in treasury reserves
Oxbridge Re Holdings Limited, a publicly listed company specializing in reinsurance and tokenized real-world assets, has announced the inclusion of Bitcoin and Ethereum in its treasury reserve strategy. The decision highlights the company’s focus on diversifying its financial holdings by incorporating blockchain-based opportunities, such as Bitcoin (BTC) and Ethereum (ETH), according to a company release. […]
Coinbase CEO calls on countries to establish Bitcoin reserves
Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump. Source link
A nation is considering Bitcoin ETFs for foreign reserves, says Bitwise CEO
Is the era of bonds and treasuries ending? Hunter Horsley’s tweet suggests a nation might adopt Bitcoin ETFs for reserves. On Jan. 16, Hunter Horsley, CEO of Bitwise Asset Management, revealed on Twitter that at least one national government has begun investigating the possibility of investing in Bitcoin (BTC) exchange-traded funds. We just provided some […]
