Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the co...
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
Crypto’s bear market wiped out over $2 trillion, yet on-chain activity held above $9 trillion
The crypto industry lost $2.1 trillion in market value during the past year, yet measured on-chain economic activity declined just...
CFTC sues Cash FX, alleges $950M crypto-linked forex scheme
The CFTC claimed that Cash FX engaged in minimal forex trading and misappropriated most of the participant funds.
New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation
Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation New York Attorney General Letit...
NYSE is assembling the pipes for a $5.5 trillion tokenized asset market
NYSE is adding Blockchain.com as a prospective gateway to its planned round-the-clock market for tokenized US stocks. Blockchain.c...
Morgan Stanley, Oliver Wyman See Tokenized Assets Reaching $2.3 Trillion by 2030
Oliver Wyman and Morgan Stanley project tokenized real-world assets will reach about $2.3 trillion by 2030, with roughly $1.7 tril...
Bloomberg’s James Seyffart: Why Trillions in Advisor Wealth Could Flow Into Bitcoin
Bitcoin Magazine Bloomberg’s James Seyffart: Why Trillions in Advisor Wealth Could Flow Into Bitcoin Trillions in advisor wealth m...