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Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
1.5.2023
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the president also acknowledged the “threat by the speaker of the House to default on...
How will a US debt default impact Bitcoin?
28.4.2023
Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market
Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining
3.3.2023
Market analyst Charles Edwards says that while there are good reasons to exercise caution, investors’ risk off sentiments and expectation of a recession could be overblown
US gov't $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
28.1.2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
26.1.2023
Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion
5.10.2022
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt...
US Senator Concerned Over Growing National Debt; Applauds Bitcoin
4.10.2022
Cynthia Lummis, a US senator, discussed her concerns in an interview with Hard Money’s Natalie Brunell. She praised that cryptocurrency is an asset among people for which the government is not liable. While she is worried about the current scenario of national debt and inflation, she also feels...
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation
3.10.2022
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator:...
Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review
2.7.2022
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting...
Why the crypto market crash may play in Bitcoin's favour
20.6.2022
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts
All the world’s Bitcoin can only pay 2.43% of $30T US national debt
2.2.2022
The latest grim milestone for the U.S. economy means that its national debt total is now 4,000% larger than the Bitcoin market cap
Elon Musk’s Warning About Government Spending and Unrealized Gains Tax Proposal Highlights Benefits of Bitcoin
1.11.2021
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is the Real Problem’ Tesla...
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
15.10.2021
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said
‘Bitcoin Is the Biggest Jailbreak in Human History,’ Says Philosopher Stefan Molyneux
22.2.2021
On February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto asset’s tumultuous rise capturing over a trillion-dollar market valuation. Molyneux’s recent speech describes the liberating potential bitcoin...
Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate
8.9.2020
Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear...
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
Got Bitcoin? US Fed Warns National Debt Growth Is ‘Not Sustainable’
14.11.2019
Fed stays soft on “consequences” of $23 trillion debt
United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin
2.11.2019
The United States’ national debt per citizen is now nearly $70,000 for a total of over $23 trillion