Amid escalating geopolitical tensions between Russia and Ukraine, many riskier assets have recently suffered bouts of weakness. Bitcoin is part of this group. The biggest digital currency is down 5% in the past week, as of the end of February 24, putting pressure on exchange-traded funds like the Valkyrie Bitcoin Strategy ETF (BTF) In the […]
Asset status
Bitcoin’s Risky Asset Status Could Be Fleeting, Expert Says
AAmid escalating geopolitical tensions between Russia and Ukraine, many riskier assets have recently suffered bouts of weakness. Bitcoin is part of this group. The biggest digital currency is down 5% in the past week, as of the end of February 24, putting pressure on exchange-traded funds like the Valkyrie Bitcoin Strategy ETF (BTF) In the […]
Achieve intermodal asset status without manual inspection, key to port efficiency
During the second quarter of 2021, the volume of intermodal containers grew by almost 30% year-over-year. Changes in consumer behavior, labor shortages at ports and other factors are forcing ports to work around the clock and freight technology companies to focus on solutions to increase that speed. PowerFleet, a leading provider of wireless subscription Internet […]
Government to give cryptocurrency asset status, law could come soon
New Delhi: The Indian government is considering legalizing the cryptocurrency given its growing popularity. Prime Minister Modi met with senior officials last week to discuss cryptocurrencies. During the winter session of Parliament, which begins on November 29, the central government is preparing to take a decisive decision on cryptocurrencies. According to media sources, the government […]
Bitcoin reclaims trillion dollar asset status
A flagship cryptocurrency, Bitcoin has now recovered its status as a trillion dollar asset that it lost after the May 2021 crash, caused by China’s ban on cryptocurrencies and mining activities. cryptocurrency. Today, the price of Bitcoin traded as high as $ 55,172, breaking the critical resistance zone at $ 52,000, signaling a bullish rally […]
Kingston Group Celebrates Guildhall’s ‘Community Asset’ Status
Activists have declared victory in the battle to save the historic Kingston Guildhall from the sale. A community group successfully registered the council office as a community asset. Previously, it had been suggested that the building could have been redeveloped into new homes, a workspace or even a boutique hotel, as the city council no […]
Zimbabwe: Seven projects achieve prescribed asset status
The Treasury has granted Prescribed Asset (PA) status to seven major projects, two of which are denominated in United States dollars. This means that institutions such as insurance companies and pension funds can choose to invest in one or more of these assets to fulfill their legal obligations. These entities are required by law to […]
Penrith Town Hall obtains community asset status
An activist said he was “over the moon” that Penrith Town Hall was now protected from sale. Penrith City Councilor Jonathan Davies – who had been pushing for town hall to be designated as a community value asset under the Localism Act of 2011 – said you could have picked it up on Tuesday night […]
Bitcoin (BTC) critic Peter Schiff questions its status as “safe haven asset” after Elon Musk’s tweets
Bitcoin (BTC) came under heavy pressure and lost more than 10% after Elon Musk suggested that Tesla could get rid of its Bitcoin holdings in the future. “Indeed,” Musk appears to have a strong influence in the crypto space and this has been reflected in the past few weeks and months. Indeed – Elon Musk, […]
SEC Ripple lawsuit brings status of Ethereum assets back under scanner
The SEC lawsuit against Ripple Lab took an interesting turn on April 6 when Ripple’s attorney requested access to internal SEC documents discussing the status of Bitcoin and Ethereum’s assets. The judge granted the favor despite protests from the SEC, leading many to believe that XRP could pass the test as well, leading the SEC […]
Is Coinbase Trying To Disrupt Bitcoin’s Reserve Asset Status By Listing New USDC Pairs
In recent weeks, two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pumping and discharges immediately before and a few hours after the announcements. This is no surprise, but the fact that either of these two new quotes is only available for trading in USDC might raise some eyebrows. […]
Even a 50% collapse would preserve the best asset status
Bitcoin prices remain volatile but well above $ 4,000 as the belief that its value has reached a milestone increases. An analysis of trade data from Coinmarketcap shows volatility of around 4.5% in the 24 hours leading up to press time, coupled with consistently high trading volumes. Bitcoin’s price performance continues to outperform the majority […]
Gold loses the status of the most liquid asset
Gold has always been considered the most liquid asset in this country – at all times people were ready to give money against it. After demonetization, that changed. Scrap metal dealers seem to be gradually moving towards payment by check or net bank transfer. And customers aren’t ready for it – selling for a check […]
Sheerwater Recreation Ground gets asset status after council backs bid to protect the land
The residents of Sheerwater have been successful in making their recreation land a Community Value Asset (LCA). The new status means that the land off Blackmore Crescent will benefit from additional protection for the next five years. Woking Borough Council rules state that residents “have the right to be able to designate certain local public […]
IMF gives Chinese currency reserve asset status
WASHINGTON (Reuters) – The International Monetary Fund on Monday admitted the Chinese yuan to its benchmark currency basket, in a victory for Beijing’s campaign for recognition as a global economic power. The decision to add the yuan, also known as the renminbi, to the basket of Special Drawing Rights (SDRs) alongside the dollar, euro, pound […]
Council maintains Joiners Arms community asset status – Eastlondonlines
Protesters outside Tower Hamlets Town Hall Pic: Toby Roddham The Joiners Arms are looking to continue playing their role in London’s gay scene after Tower Hamlets Council announced it will maintain its status as a community asset. The lesbian, gay, bisexual, transgender, queer, intersex, and asexual (LGBTQIA) pub on Hackney Road closed in January and […]