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Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
31.7.2024
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private...
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
US national debt passes $35T — 5 Things to know in Bitcoin this week
29.7.2024
Bitcoin bulls demand a rematch with final resistance below all-time highs to start the week as BTC price upside puts $70,000 back in play
Senator Lummis Proposes Bitcoin Strategic Reserve Bill to Bolster US Economy
28.7.2024
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets...
How high can BTC price go after Trump’s bullish Bitcoin speech?
28.7.2024
A Bitcoin analyst predicts the cryptocurrency's price could soar above $800,000 following Trump's promise to integrate it into the US's strategic reserves
U.S. Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
27.7.2024
RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President
27.7.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of...
Bitcoin advocate Mow lists six proposals for Trump's Nashville speech
27.7.2024
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy
Bitcoin advocate Mow lists six proposals for Trump's Nashville speech
27.7.2024
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy
Bitcoin advocate Mow lists six proposals for Trump's Nashville speech
27.7.2024
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy
Binance gets greenlight to invest customer assets in US Treasury Bills
19.7.2024
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis
Metaplanet buys another $1.2M of Bitcoin amid rebound toward $65K
16.7.2024
Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16
Mining company TeraWulf pays off outstanding debt early
9.7.2024
The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment
Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
9.7.2024
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over
Core Scientific trades debt for equity, reduces $260M debt load
8.7.2024
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029
Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals
8.7.2024
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying...
First Digital Debt Offering Fails to Get Traction in El Salvador
7.7.2024
The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The issuance, intermediated by Bitfinex Securities to build a Hilton hotel at El Salvador International Airport, raised $342,000 from interested investors, less than...
Bitfinex to refund investors of its failed El Salvador Hilton hotel project
6.7.2024
Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
4.7.2024
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over...
IMF Advises US to Keep Interest Rates Steady Through Late 2024
4.7.2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks...