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RFK Jr. Plans To Back Government Debt With Bitcoin, End BTC Taxes
In an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate Robert F. Kennedy Jr. revealed his ambitious Bitcoin-oriented policies that, if implemented, could transform the financial landscape of America. дальше »
2023-7-19 08:30 | |
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The Web3 Gaming Revolution Owes an Enormous Debt to Web2
Few people expected the advent of blockchain technology to usher in a new era for gaming. Propelled by a relentless wave of hype and innovation, uncountable blockchain games have rolled off the production line in recent years as both crypto-native and web2 studios have gotten in on the act. дальше »
2023-7-18 19:41 | |
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Global debt now over two times greater than the global economy
Quick Take Dylan LeClair, an analyst at Bitcoin Magazine, sheds light on the current U. S. debt-to-GDP scenario. He reveals that the ratio is approximately 119%, a decrease from a brief peak of 134%. дальше »
2023-7-17 11:53 | |
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Supreme Court’s Student Loan Ruling Could be Coinbase’s Golden Ticket
Coinbases attorneys are referencing a Supreme Court decision on student loan debt to strengthen its defense against charges by the Securities and Exchange Commission (SEC). The cryptocurrency exchange stands accused... дальше »
2023-7-14 15:25 | |
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MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein
A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said. дальше »
2023-7-12 11:58 | |
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Novogratz recommends buying bitcoins due to the growth of the US national debt
The head of the Galaxy Digital blockchain company, Mike Novogratz, recommends buying bitcoins due to the growth of the US government debt. From June 1 to July 6, the debt owed to creditors of the US federal government increased by $ 1 trillion and reached $ 32. дальше »
2023-7-11 15:36 | |
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Is the UK heading towards a sovereign debt crisis?
Quick Take The United Kingdom is currently facing a challenging financial environment as its household and government debt levels rise alarmingly. Household debt has skyrocketed, reaching 200% of the country’s Gross Domestic Product (GDP), while the government debt has equally grown, constituting 100% of GDP. дальше »
2023-7-7 21:34 | |
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U.S. national debt experiences an $851 billion surge following debt ceiling suspension
Quick Take CryptoSlate reported on June 14 that the U. S. debt was approaching $32 trillion. Since then, the debt has continued to grow rapidly. According to WolfStreet, last Friday, June 30, the Treasury Department reported that the U. дальше »
2023-7-5 14:49 | |
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Encryption A.l Developer Rug Pulls $2 Million To Repay A $300,000 Crypto Gambling Debt
A 22-year developer behind Encryption A.l, a cryptocurrency project, has rug-pulled users of roughly $2 million ahead of the platform’s liquidity migration. In a screenshot shared on July 3 and posted on Twitter, the developer apologized, saying that while he “deeply regretted his actions and impact on users, he was battling a crypto-gambling addiction that has […] дальше »
2023-7-5 01:00 | |
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Gemini gives DCG a $1.46b debt repayment ultimatum
Gemini co-founder Cameron Winklevoss has proposed a final offer, mandating Digital Currency Group’s (DCG) Barry Silbert and his embattled company to start reimbursing Gemini Earn creditors by July 21 or face a lawsuit. There appears to be a glimmer of… дальше »
2023-7-4 16:15 | |
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Winklevoss gives DCG 2 days to accept Gemini’s ‘best and final offer’
The co-founder of the Gemini cryptocurrency exchange, Cameron Winklevoss, publicly issued an ultimatum to Barry Silbert, the CEO of the Digital Currency Group (DCG), on July 4. In an open letter, he announced Gemini’s “best and final offer” for debt restructuring, giving Silbert a tight deadline of just two days to respond. дальше »
2023-7-4 12:58 | |
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Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis
Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder. дальше »
2023-7-4 04:59 | |
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Altcoin Holders Find Relief As Bankrupt Celsius Allows Conversion To BTC, ETH
Altcoin holders who are owed money by Celsius will be able to convert their altcoins into Bitcoin and Ether as of July 1, according to a recent ruling by a New York court. Celsius, a company that declared Chapter 11 bankruptcy protection in July 2022, acknowledging its substantial debt of up to $10 billion, temporarily […] дальше »
2023-7-2 15:10 | |
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Bitcoin could be the refuge as bond market faces negative returns
Quick Take One of the most robust markets globally is the bond market, which, according to Visual Capitalist, was estimated to be worth $133 trillion in 2022. This colossal market has seen consistent growth over the last four decades, primarily driven by government debt increases due to interest rate reductions during each recession and the […] The post Bitcoin could be the refuge as bond market faces negative returns appeared first on CryptoSlate. дальше »
2023-6-28 21:10 | |
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DeFi protocol Soil’s business model receives nod from local financial regulator
Soil, a blockchain-based lender and debt marketplace that seeks to bridge the gap between traditional finance and crypto, has received a major regulation boost after its business model was declared to be compliant with local Estonia finance markets regulations. дальше »
2023-6-27 15:08 | |
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Next Up: Avoid a Government Shutdown
After an eleventh hour deal to raise the debt ceiling, Congress must now approve a budget to avoid a government shutdown. дальше »
2023-6-20 09:00 | |
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DAI overtakes BUSD in stablecoin race, MakerDAO reaps benefits?
DAI surpassed BUSD in marketcap because of legal troubles faced by Binance. The integration of rETH as collateral and raised debt ceiling contributed to DAI's growth and stability. DAI, the The post DAI overtakes BUSD in stablecoin race, MakerDAO reaps benefits? appeared first on AMBCrypto. дальше »
2023-6-17 11:30 | |
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Aave Proposes Curve Finance Borrowing Limit as Founder Account Runs Up $110M Debt
CRV liquidation would likely lead to bad debt across lending protocols, including Aave. The post Aave Proposes Curve Finance Borrowing Limit as Founder Account Runs Up $110M Debt appeared first on BeInCrypto. дальше »
2023-6-15 11:15 | |
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US national debt nears $32 trillion, set to soar further by 2027
Quick Take On this day, on June 14, 2020, the U. S. national debt was roughly $26. 3 trillion, according to USdebtclock. org. Today, on June 14, 2023, the US national debt is $31. 9 trillion. We are 17 days away from the U. дальше »
2023-6-15 20:19 | |
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Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship
The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »
2023-6-13 22:26 | |
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Bitcoin Falls Below $26,000 Amid Regulatory Concerns, Debt Ceiling Predictions: What’s Next For BTC?
The digital assets market has recorded bullish signals this year but the recent outlook suggests it may be heading towards the first bad month of 2023. Digital assets continue their week-long poor form with Bitcoin (BTC), Ethereum (, ETH), and other top 10 assets falling below prominent positions. Market leader BTC hit a 30-day low […] дальше »
2023-6-10 13:49 | |
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Here’s The Possible Impact The Debt Ceiling Vote Will Have On The Cryptocurrency Space
The debt ceiling vote is a complicated matter with numerous potential effects on the crypto industry. A U. S. debt default, in the opinion of some analysts, would trigger a sell-off of risky assets like cryptocurrencies. дальше »
2023-6-6 10:25 | |
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How Does The Debt Ceiling Affect Bitcoin? Can Avorak Trade The News?
Various factors, including the debt ceiling, affect the crypto and economic sectors. Cryptocurrencies like Bitcoin have faced various challenges and support since their launch, affecting market values. дальше »
2023-6-6 00:31 | |
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First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling. дальше »
2023-6-5 04:01 | |
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Crypto Market Forecast: Week of June 5th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, huge taxes for Bitcoin miners dropped as part of the debt ceiling deal, CBDCs remain wildly unpopular with most Americans, and a new report from Glassnode reveals the uncanny ability of many first-time Bitcoin buyers to sell at the bottom of a cycle. дальше »
2023-6-5 15:01 | |
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Bitcoin and Ethereum succumb to TradFi - What now?
The U.S. debt ceiling decision propelled S&P 500 and gold prices, surpassing Bitcoin and Ethereum. Bitcoin and Ethereum were trading at a profit on a daily timeframe at press time. In a The post Bitcoin and Ethereum succumb to TradFi - What now? appeared first on AMBCrypto. дальше »
2023-6-3 06:30 | |
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US Stock Futures Soar as May Job Report and Debt Ceiling Passage Shows Promises
Coinspeaker US Stock Futures Soar as May Job Report and Debt Ceiling Passage Shows Promises The debt ceiling bill's approval provided even another reason for the positive rally in stock futures. дальше »
2023-6-3 18:32 | |
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Transactions on Ethereum Network soared to 33.5 in May
May was a brutal month for cryptocurrencies as their prices lost the momentum. This happened as some investors embraced the “sell in May and go away”mentality. It also happened as concerns about the debt ceiling issue continued. дальше »
2023-6-3 16:53 | |
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Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling
Coinspeaker Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US. дальше »
2023-6-2 13:29 | |
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Short term crypto outlook turns negative as U.S. passes Debt Ceiling Bill
Quick Take The U. S. House of Representatives passed the Debt Ceiling Bill on June 1. This provision will enable the U. S. government to continue spending indefinitely until January 2025. The total federal debt is projected to increase to $36 trillion from $31 trillion, per The Kobessi Letter. дальше »
2023-6-2 11:54 | |
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Senate Approves Bill to Suspend $31 Trillion US Debt Ceiling Until January 2025
Coinspeaker Senate Approves Bill to Suspend $31 Trillion US Debt Ceiling Until January 2025 The Senate has sent an approved bill to President Biden, allowing the government to borrow without a debt ceiling for nearly 2 years. дальше »
2023-6-2 11:33 | |
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Bitcoin Bulls Put On Defensive Amid Fears Of “Damaging” Inflation and Job Data This Month
The digital asset market recorded slight gains last week but faces a huge test following macroeconomic factors, including inflation concerns, and reduced liquidity following the lifting of the debt ceiling. дальше »
2023-6-2 22:25 | |
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Bitfarms sold 90% of its Bitcoin mined in May
Bitcoin (BTC) miner Bitfarms sold 414 BTC, representing 90. 19%, of its mined 459 BTC in May, according to a June 1 statement. According to the statement, the miner generated $11. 3 million from the sold assets, reducing its debt by $1. дальше »
2023-6-2 19:07 | |
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US Debt Ceiling Bill Passes After Withdrawing Crypto Tax
The US debt ceiling bill, with its critical inclusions and exclusions, marks a significant milestone in US fiscal policy. While avoiding the crypto taxation controversy, it charts a path towards future financial stability and effective governance. дальше »
2023-6-1 16:26 | |
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Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit
Coinspeaker Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit Laurence Fink described the debt ceiling deliberations as bad for the dollar as the Blackrock CEO predicts further interest rate hikes. дальше »
2023-6-1 15:22 | |
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Bitcoin, Ethereum, Zilliqa, IOTA, EOS brace for a $50 trillion earthquake
Cryptocurrency prices came under pressure in May as investors focused on the debt ceiling debate in the United States. With the two sides maintaining extreme positions, there was a likelihood that the US will default on its obligations. дальше »
2023-6-1 11:00 | |
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First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next? дальше »
2023-6-1 05:02 | |
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Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said. дальше »
2023-6-1 02:45 | |
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