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skolnes

skolnes

  • Cryptocurrency News

    China’s Central Bank Has New Policy Tool to Manage Liquidity

    by skolnes October 28, 2024
    October 28, 2024

    (Bloomberg) — China’s central bank is expanding its monetary policy toolkit to get a better handle on liquidity in the financial system as it seeks to add more levers to …

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  • Cryptocurrency News

    China Gold Demand Plunges as Record Prices Deter Jewelry Buyers

    by skolnes October 28, 2024
    October 28, 2024

    (Bloomberg) — Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented …

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  • Bitcoin News

    Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

    by skolnes October 28, 2024
    October 28, 2024

    The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to …

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  • Cryptocurrency News

    Asian shares rise and the yen dips after Japan’s ruling party loses majority

    by skolnes October 28, 2024
    October 28, 2024

    TOKYO (AP) — Asian shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend …

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  • Cryptocurrency News

    ‘If You Want To Make The Next Trillion Dollars For Shareholders, Call Me’

    by skolnes October 28, 2024
    October 28, 2024

    MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor humorously reached out to Microsoft (NASDAQ:MSFT) CEO Satya Nadella, suggesting he can help with the company’s Bitcoin (CRYPTO: BTC) strategy. What Happened: In a …

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  • Bitcoin News

    Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw Funds

    by skolnes October 28, 2024
    October 28, 2024

    Ripple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad …

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  • Bitcoin News

    Economist Explains Bitcoin’s Untapped Potential for Central Bank Reserves

    by skolnes October 28, 2024
    October 28, 2024

    An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to their reserves. Economist Makes Bold Case: Bitcoin …

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  • Cryptocurrency News

    PBOC activates open market outright reverse repo operations facility

    by skolnes October 28, 2024
    October 28, 2024

    BEIJING (Reuters) -China’s central bank announced on Monday it had activated its open market outright reverse repo operations facility and would use it to trade with primary dealers in open …

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  • Cryptocurrency News

    Boeing Plans Over $15 Billion Capital Hike as Soon as Monday

    by skolnes October 28, 2024
    October 28, 2024

    (Bloomberg) — Boeing Co. is planning to launch a capital raise as early as Monday, according to people familiar with the matter, in an offering that would help the beleaguered …

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  • Bitcoin News

    Standard Chartered: Bitcoin Set to Hit $73K on US Election Day

    by skolnes October 28, 2024
    October 28, 2024

    Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set …

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