Debt
Stand-Off Over $28T of US Government Debt Could Rattle Bitcoin Market
The American government has never defaulted on its debts, but congressional gridlock over raising the debt ceiling is making investors question what would happen if it did.
Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market
As a pitched battle in the U.S. Congress raises the risk of the government defaulting on its $28 trillion in debt, some cryptocurrency traders are speculating whether the gridlock over raising the debt ceiling could cause a swoon in bitcoin prices.
Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse
Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.
Demand for Coinbase Junk Bonds Soars as Exchange Sells $2B in Debt
The strong demand and increase in offering size highlights crypto’s evolution from a fringe asset class to one under the spotlight of mainstream finance.
Coinbase to Sell $1.5B of 7-Year, 10-Year Debt
The funds will be used for general corporate purposes, which may include acquisitions.
US Patent Granted to Stablecoin Concept Backed by Government Debt
Unlike fiat currency-pegged stablecoins, Yuga Coin intends to be solely pegged to government debt such as bonds and Treasury notes.
MicroStrategy Raises $500M From Bond Sale to Buy More Bitcoin
The announcement comes with news of a new bitcoin-holding subsidiary, MacroStrategy LLC.
Deutsche Bank Issues Stark US Inflation Warning, Seeing Economic Parallels to 1940s, 1970s
Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.
Debt Collection Firm CIS Now Accepts Bitcoin for B2B Repayments
Corporate Intelligence Services said it launched the new repayment option to provide a better service to its "clientele."
