China Halts Gold Buying in May, Ending 18-Month Buying Spree
The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continued t...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin
Bitcoin Magazine Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin Jack Dorsey’s Block continues the push to ma...
Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold
Bitcoin Magazine Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold Bitcoin miners already have the power, th...
Stablecoin issuers have replaced 40% of China’s lost US Treasury demand
Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether...
Coinbase completes Deribit switch, ending International Exchange trading
Coinbase completed the migration of Coinbase International Exchange to Deribit on Oct. 1, ending trading on its former internation...
Bitcoin ETFs are $5 billion away from a new flow record after a brutal 11-month reset
US spot Bitcoin exchange-traded funds (ETFs) recorded their first daily outflow in more than two weeks, interrupting a recovery th...
BlackRock’s IBIT buys $195.6 million of Bitcoin in a day, $1.57 billion over the past month
BlackRock's significant Bitcoin acquisitions via IBIT highlight a shift towards institutional investment in regulated crypto produ...