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Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status
5.6.2023
The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt ceiling debate, risk of national default, and possible credit rating downgrades are “destabilizing” factors...
US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO
5.6.2023
The CEO of investment management firm Devere Group has warned that the U.S. debt ceiling dramas have weakened the U.S. dollar’s “global reserve currency’s credibility and reputation as a ‘safety asset.’” He cautioned that Congress’ debt ceiling deal “does not solve the underlying political...
CZ Binance on Buying Banks to Fight Crypto Regulation Woes, Russian Banker Says CNY Likely to Dethrone USD, and More — Week in Review
4.6.2023
Changpeng Zhao, the CEO of Binance, doesn’t think buying a bank would solve the crypto industry’s troubles with traditional financial institutions, amid issues his own exchange currently faces in regions like Australia and Europe. In other news, the chairman of Russia’s...
Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution
4.6.2023
Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rating on negative watch, emphasizing that recent events have lowered...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement
2.6.2023
On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing...
US debt ceiling, declining trust in banks send ETH staking to record highs
2.6.2023
The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking
Economist Peter Schiff Warns of US Dollar Crisis and ‘Catastrophic End’ — National Debt Will ‘Spiral out of Control’
2.6.2023
Economist Peter Schiff has warned of an impending U.S. dollar crisis. He predicted that with the new debt ceiling deal, “reckless government spending and borrowing will continue until a sovereign debt and U.S. dollar crisis bring it to a catastrophic end.” Peter Schiff’s Latest...
Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?
1.6.2023
The debt ceiling has been raised but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
1.6.2023
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
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
31.5.2023
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Crypto bills get priority as the debt ceiling remains a concern in the US
31.5.2023
The US was last week on the edge of defaulting international payments. An embarrassment, as a developed nation would have it, has now taken a back seat with two new crypto bills claiming priority on Capitol Hill. The debt ceiling has often been called a self-created problem that troubles the world....
Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
31.5.2023
Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
29.5.2023
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners
Biden and McCarthy Express Optimism About Timely Passage of Debt Deal - These Coins Will Benefit
29.5.2023
The US debt ceiling has been one of the hottest topics in crypto over the past few weeks.
In a recent development, House Speaker Kevin McCarthy said the debt ceiling negotiations were progressing positively despite the disputes over spending.
With only a few days left before the default...
US Debt Ceiling Deal Leaves Out Cryptocurrency Mining Tax, Congressman Confirms
29.5.2023
In a deal by President Joe Biden and Republican House Speaker Kevin McCarthy to raise the US debt ceiling, there is one part notably absent — a tax on cryptocurrency mining.
Over the weekend, Biden and McCarthy closed in on a deal to raise the debt ceiling with a plan to get Congress on board this...
Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal
29.5.2023
Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting...
Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years
29.5.2023
Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in several budget areas without supervision, which...
Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder
29.5.2023
Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year
First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
29.5.2023
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards
Shiba Inu Price Prediction as Coin Gains 3% in 24 Hours – Will US Debt Ceiling Deal Propel SHIB to $1?
28.5.2023
As Shiba gains 3% within 24 hours, predictions for its price are being made. Many speculate whether the potential US debt ceiling deal will drive SHIB to reach $1.
Let's explore the factors influencing the price movement of Shiba Inu and the possible implications of the debt ceiling deal on...