A report claiming the White House is considering using U.S. gold reserves to purchase Bitcoin has triggered sharp debate among policymakers, economists, and digital asset advocates, despite the absence of any official confirmation. The claim has circulated amid renewed discussion over Bitcoin’s role in national reserves and broader questions about how governments might approach digital … Read more
Tether’s latest disclosures show a profit step-down versus the prior year even as the stablecoin issuer’s U.S. Treasury exposure climbs to fresh records, underscoring how sensitive the company’s earnings can be to rates, reserve mix, and issuance trends. In a company update tied to its BDO-prepared attestation, Tether said its 2024 results included $13 billion … Read more
Binance says it will convert $1 billion of its SAFU user-protection fund from stablecoins into Bitcoin over the next 30 days, framing the move as a long-term commitment to the industry during heightened volatility. The exchange also outlined a rebalancing plan designed to keep the fund’s value near the $1 billion target even if BTC … Read more
El Salvador has purchased approximately $50 million worth of gold, according to officials familiar with the decision, marking a notable move to diversify the country’s reserve assets beyond traditional currencies. The acquisition comes as governments worldwide reassess reserve strategies amid persistent inflation risks and global economic uncertainty. International media reports indicate the purchase was made … Read more