Fed reverse repo reaches $2.3T, but what does it mean for crypto investors?

Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies.

Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said.

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets.

Circle Claims USDC Stablecoin Is Now Fully Backed by Cash, US Treasuries

Circle's latest report follows a move from fellow stablecoin issuer Paxos last week to release a detailed breakdown of all assets held in reserve.

USDC Issuer Circle Discloses Its Reserves, Proving Their Liquidity And Availability

Circle released a report proving that its stablecoin USDC is fully backed by physical dollars and 3-month US Treasuries