ChainCatcher news, according to Dailyhodl, the Federal Deposit Insurance Corporation (FDIC) stated in its quarterly bank profile report that the number of U.S. banks on its "problem bank list" rose to 68 in the third quarter. The total assets held by problem banks increased by $3.9 billion, reaching $87.3 billion. Problem banks account for 1.5% of the total number of banks, which is within the normal range of 1% to 2% for all banks during non-crisis periods.Meanwhile, the amount of unrealized losses on bank balance sheets has decreased. As of the third quarter of this year, banks reported book losses of $364 billion, primarily due to their involvement in the residential real estate and treasury markets. Unrealized losses represent the difference between the price banks paid for securities and the current market value of those assets. In the third quarter, bank book losses decreased by $148.9 billion from $512.9 billion in the second quarter.

ChainCatcher news, according to The Bitcoin Historian, the Financial Accounting Standards Board (FASB), which is responsible for establishing Generally Accepted Accounting Principles (GAAP) for publicly traded companies in the United States, allows companies to report BTC at fair value on their balance sheets.Once this rule is passed, companies can represent unrealized gains through the Mark to Market (MTM) method, showing potential speculative gains in quarterly and annual financial reports.

ChainCatcher news, according to DL News, currently about 144 companies hold Bitcoin on their balance sheets.In addition, Michael Saylor proposed the idea of borrowing money through loans and converting it into debt to purchase Bitcoin. Currently, ten companies including Marathon Digital, Metaplanet, and Semler Scientific are adopting the same strategy.

ChainCatcher news, Bitcoin Magazine posted on X that the Kenya National Fire Brigade Association has added Bitcoin to its balance sheet.

ChainCatcher news, the listed mining company Hut 8 recently announced its November operational update report, which disclosed a mining output of 94 BTC in November, slightly down from 100 BTC in October. Additionally, the company holds 9,122 BTC on its balance sheet as of November 2024.Hut 8 CEO Asher Genoot stated, "In November, we completed the development of the Salt Creek R&D facility, achieving a net increase in deployed self-mining hash rate and efficiency, thanks to the upgrade of the initial mining fleet. This is expected to drive the average mining fleet efficiency to 19.9 joules per terahash, with performance expected to further improve in the first quarter of 2025."Furthermore, the Vega site is expected to be operational in the second quarter of 2025.

ChainCatcher news, Coinbase CEO Brian Armstrong posted on the X platform stating that approximately one-quarter of Coinbase's balance sheet is cryptocurrency after deducting liabilities, with half of that being Bitcoin, which is similar to its percentage in the total cryptocurrency market capitalization. Almost all of Coinbase's debt is still denominated in USD, so the key is how much risk to bear.Brian Armstrong added that Coinbase is not a hedge fund and expressed his personal belief that the allocation of cryptocurrency in the balance sheet could reasonably be higher, but the key is how much to increase and what the reasons are.

ChainCatcher news, QCP released its daily outlook stating that Bitcoin briefly touched $98,000 during the Thanksgiving holiday, driven by Michael Saylor showcasing his Bitcoin investment strategy to Microsoft. Microsoft's shareholders are set to vote on December 10 whether to include Bitcoin on its balance sheet.Major Microsoft shareholders, such as Vanguard, BlackRock, and Fidelity, have gained exposure to cryptocurrencies by investing in MSTR, Coinbase, and other crypto companies. One might argue that they already have sufficient exposure. However, if the proposal passes, it would not only benefit Bitcoin but also positively impact their other investments.While waiting for Microsoft's decision next week, U.S. employment and labor data will again be in the spotlight this week. ISM manufacturing data and PMI data are scheduled for release on Monday and Wednesday, respectively. However, the focus of the week will be on Friday's non-farm payroll data. The market will closely monitor this week's reports to better gauge inflation trends, especially ahead of the interest rate decision on December 17-18.

ChainCatcher news, Hut 8 CEO Asher Genoot posted on the X platform that the company's balance sheet currently holds approximately 9,100 BTC.Asher Genoot also initiated a poll asking the community whether the company should increase its Bitcoin reserves on the balance sheet. As of now, out of 27,238 votes, 92.8% believe the company should increase its Bitcoin holdings.

ChainCatcher news, according to Fox reporter Eleanor Terrett, the Pennsylvania House of Representatives today submitted a legislative proposal that allows the state to include Bitcoin (BTC) as a reserve asset on its balance sheet.

ChainCatcher news, according to Jinshi reports, strategists including Teresa Ho from JPMorgan expect that, given the liquidity situation has returned to normal after the end of October, the Federal Reserve will end quantitative tightening (QT, i.e., balance sheet reduction) in the first quarter of 2025, earlier than the previously expected completion by the end of 2024.The supply of U.S. Treasury bills and repos has both increased, and money market funds are seeking to extend to longer maturities as expectations for easing diminish, drawing more funds from the Federal Reserve's overnight reverse repurchase facility.

According to ChainCatcher news, analysis by Creative Planning's Chief Market Strategist Charlie Bilello shows that the Federal Reserve's balance sheet has fallen to its lowest level since September 2020, having decreased by $1.9 trillion since its peak in April 2022. To fully unwind the quantitative easing policy from March 2020 to April 2022, an additional reduction of $2.9 trillion is needed.

ChainCatcher news, several of Wall Street's largest banks expect the Federal Reserve to end its balance sheet reduction process in April next year, which is consistent with their expectations for the Fed in July.A survey conducted by the New York Fed before last month's Federal Reserve interest rate meeting among so-called primary market dealers showed that "most dealers indicated that they expect the end of balance sheet reduction to depend on the level of reserves, overnight reverse repo conditions, or the assessment of upward pressure on money market rates relative to the administered rates."Some dealers stated that macroeconomic factors pose risks to the outlook for ending the balance sheet reduction. "The current size of the Federal Reserve's balance sheet is approximately $7 trillion."

ChainCatcher news, according to CoinDesk, analysts say that over the past eight years, the price of Bitcoin has shown a positive correlation with the size of the Chinese central bank's balance sheet. The 30-day correlation coefficient between Bitcoin's price and the size of the Chinese central bank's balance sheet is 0.66. It has been positive except for 2016 and from the end of 2022 to 2023. On the other hand, Bitcoin's correlation with the Federal Reserve's balance sheet over 30 days is -0.88, the lowest level recorded since 2016.The Chinese central bank is considering launching an economic stimulus plan of up to 1 trillion yuan (approximately 142 billion USD) to boost the economy, which has led to a significant rise in Asian stock markets, particularly the notable increase in the CSI 300 index.Analysts believe that this stimulus plan may indirectly benefit Bitcoin, as it could increase investment in blockchain and cryptocurrency-related projects. This monetary easing policy may drive more capital into the digital asset space.

ChainCatcher news, according to data from the Federal Reserve's official website, as of September 17, the size of the Federal Reserve's balance sheet has decreased to around $7.1 trillion, currently reported at $7.109 trillion. Since the beginning of this year, the cumulative reduction has been approximately $1.39 trillion.

ChainCatcher message, Bank of America strategists Mark Cabana and Katie Craig stated in a report that the bank now expects the Federal Reserve to end its balance sheet reduction by the end of March 2025, compared to the previous forecast of December 2024, due to the lack of discussion among policymakers regarding its policy. The September FOMC meeting indicated that the Federal Reserve believes changes in policy rates and the balance sheet are independent of each other.

ChainCatcher news, according to CoinDesk, Bitcoin has risen by 7% in the past five days, breaking the $64,000 mark for the first time since August 26. Meanwhile, gold has set new all-time highs over 30 times this year, surpassing $2,600 per ounce. Charlie Bilello, Chief Market Strategist at investment management and financial planning firm Creative Planning, stated that this is the first time since Bitcoin's inception in 2009 that both Bitcoin and gold have become the best-performing assets of the year.Analyst James Van Straten noted that the outstanding performance of Bitcoin and gold is related to the increase in global liquidity, the expansion of global central bank balance sheets, and the recent interest rate cuts by the Federal Reserve, which stimulate investment and economic activity. The current balance sheet of the Federal Reserve stands at $7.1 trillion, and although quantitative tightening is still underway, the pace has slowed. The reduction in reverse repo balances, now just above $300 billion, has released liquidity back into the financial system. This has a stimulating effect, increasing the availability of funds for loans, investments, and overall economic activity.From a broader perspective, the total balance sheet of the world's 15 largest central banks (including the U.S., EU, Japan, and China) is approaching $31 trillion. While this figure itself is not the focus, the trend shows a global recovery of central bank balance sheets since July, rising from about $30 trillion. This increase in liquidity is particularly stimulating for Bitcoin, as its price movements often correspond with liquidity trends. Additionally, the Federal Reserve's 50 basis point rate cut further supported the rise of both Bitcoin and gold.

ChainCatcher news, according to the Financial Times, Telegram holds nearly $400 million worth of cryptocurrency on its balance sheet.

ChainCatcher news, MicroStrategy co-founder Michael Saylor posted on social media that Bitcoin will "fix" the company's balance sheet.It is reported that the post is a comment on an article by macroeconomic expert and writer Lyn Alden, which explores corporate financial practices, why companies in history tend to self-decapitalization, and the logic behind some companies hoarding Bitcoin.