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Inside the Feds’ $23B digital war chest (or what’s left of it)
Confusion over the U.S. government's Bitcoin holdings seemed to arise recently as several publications reported that the American government has sold more than 80% of its BTC holdings. What happened was that an independent journalist, known as @L0la L33tz on X, requested the U.S. Marshals Service to reveal its BTC holdings under the Freedom of Information Act. The agency informed that it held only $3.4 billion in 28,988 forfeited BTC, the journalist shared on July 16. Sen. Cynthia Lummis (R-WY), who co-authored the Strategic Bitcoin Reserve bill, also expressed her shock over the reports that the government has sold ... (full story)
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From @FirstSquawk|Jul 23, 2025RBNZ's Conway: Further rate cuts possible if inflation keeps easing. RBNZ CHIEF ECONOMIST CONWAY: FULL IMPACTS OF UNITED TARIFFS UNCERTAIN, CONSTANTLY MONITORING DATA UNCERTAINTY OVER TARIFFS LIKELY TO REDUCE BUSINESS INVESTMENT AND INFLATION IN NEW ZEALAND TARIFFS WILL MEAN A WEAKER GLOBAL ECONOMY AND WEAKER GLOBAL DEMAND
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From fxstreet.com|Jul 23, 2025PNC Bank is partnering with Coinbase (COIN) to offer retail and institutional clients the ability to buy, hold, and sell cryptocurrencies, according to a press release on Tuesday. ...
From rba.gov.au|Jul 23, 2025I’d like to begin by acknowledging the Traditional Custodians of the land on which we meet and pay my respects to Elders past and present. It’s an honour to join you today at the Anika Foundation fundraising lunch. The Foundation supports vital work on youth mental health research, awareness and education, in which I have a strong personal interest. I’m proud to uphold the tradition of the Reserve Bank Governor speaking at this event to support an organisation that is making a real difference. My remarks today centre on the dual objectives of monetary policy: ‘price stability’, which means maintaining low and stable inflation; and full employment, which I will talk about in more detail later.1 I’ll explore how these aims have shaped the Monetary Policy Board’s strategy in recent years.2 As part of that, I will reflect on the relationship between the labour market and inflation over that time, and how conditions in the labour market have evolved to the present day. Now is a good time to revisit these subjects, following the agreement two weeks ago of an updated Statement on the Conduct of Monetary Policy, which sets out the common understanding of Government and the Board on key elements of the monetary policy framework. But before I turn to that, I’ll start with an update on recent monetary policy settings. RESERVE BANK OF AUSTRALIA GOV BULLOCK: MEASURED, GRADUAL APPROACH TO MONETARY POLICY EASING IS APPROPRIATE LABOUR MARKET HAS EASED ONLY GRADUALLY, UNEMPLOYMENT RATE RELATIVELY LOW RISE IN UNEMPLOYMENT IN JUNE WAS IN LINE WITH OUR FORECASTS, NOT A "SHOCK" JUNE DATA SUGGESTS…
From thestreet.com|Jul 23, 2025Would you invest in something that started as a joke? That’s exactly what millions have done — pouring billions into meme coins, a quirky corner of crypto that has evolved from ...
