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Gensler grilled as most ‘destructive’ SEC chair before congressional hearing
25.9.2024
SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States
US representative criticizes Gensler as most ‘destructive’ SEC chair during hearing
25.9.2024
SEC Chair Gary Gensler faced criticism from lawmakers and agency members during a House Financial Services Committee hearing over his handling of crypto regulation in the United States
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
24.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change...
Trump Sees Potential in Crypto: ‘Could Be Key to Paying Off $35 Trillion Debt’
23.9.2024
In a recent conference, Trump hinted at a potential role for crypto in addressing America’s mounting national debt.…
Bitwise CIO Highlights Bitcoin’s Role as a Hedge Against U.S. Public Debt
23.9.2024
Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking...
MicroStrategy’s $510 Bitcoin Bet After Debt Clearance
20.9.2024
MicroStrategy, a leading bitcoin development company, has secured $1.01 billion in funding to expand its bitcoin investments and…
Harvard students launch 'New Bretton Woods Project' to fix debt crisis
19.9.2024
According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation
Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt
18.9.2024
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades...
Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation
17.9.2024
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that...
Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition
17.9.2024
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another...
MicroStrategy announces third debt offering of 2024, plans to raise $700M
16.9.2024
The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.
El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025
16.9.2024
Bukele spoke during the commemoration of 203 years of El Salvador independence
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
15.9.2024
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing...
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
14.9.2024
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
14.9.2024
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether
Does Bitcoin’s negative funding rate signal that bears are in total control?
11.9.2024
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience
Chase ‘infinite money’ glitch leaves TikTokers in huge debt
2.9.2024
Users on social media have been reporting a “glitch” with Chase Banks ATMs that allowed them to withdraw large sums without having sufficient funds in their accounts
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
2.9.2024
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just two days ago, Musk took to X, declaring that...
Why crypto miners are ditching debt for equity
30.8.2024
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy
27.8.2024
Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining