Latest News and Articles about Reserve Asset

CZ Highlights Bitcoin’s Shift to Reserve Asset Amid Declining On-Chain Activity

18 February 2025 Daily Feed Bitcoin, CZ, ETFs, Reserve Asset

CZ Weighs in on Bitcoin’s Evolving Role Amidst Low On-Chain Activity Changpeng Zhao, the former CEO of Binance, isn’t just talking out of his hat; he’s pointing out a major shift in Bitcoin’s use case. As Bitcoin’s on-chain volume continues to lag behind its 2021 peak, CZ suggests it’s morphing from a transaction currency into […]

Czech Republic Proposes $7.3B Bitcoin Investment Amid Global Trend

2 February 2025 Daily Feed Bitcoin Investment, Czech Republic, Government Holdings, Reserve Asset

Czech Republic Considers $7.3B Bitcoin Investment as Global Adoption Rises The Czech Republic’s central bank is weighing a significant move by proposing to allocate $7.3 billion, or 5% of its reserves, into Bitcoin. This proposal, if greenlit, would mark one of the largest state-level Bitcoin investments and reflects a growing trend of governmental interest in […]