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Tag: US Debt

US Dollar Dominance Is Coming to an End, Time For Chinese Yuan To Advance Has Arrived: CEO of Russia’s Second-Largest Bank – The Daily...

The chief executive of Russia’s second-largest bank says that the US dollar is on the verge of losing its role as the world’s dominant...

US Banks Borrow $100,000,000,000 From Fed’s Emergency Lending Platform As Industry Fights Crisis of Confidence and Liquidity – The Daily Hodl

The Federal Reserve’s lending program to support US banks is in high demand as borrowings shatter $100 billion. The latest data from the Fed shows...

Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according...

Weekly Market Wrap: SEC crackdown on Binance, Coinbase ‘can’t stop’ Bitcoin as it trades above US$26,000

Bitcoin fell 2% from June 2 to June 9 to trade at US$26,598 at 7:45 p.m. Friday in Hong Kong. The world’s largest cryptocurrency...

US Will ‘Substantially’ Increase Taxes To Close $1,400,000,000,000 Budget Deficit, Says Ex-Treasury Secretary – The Daily Hodl

The US government will impose “substantial” tax increases on its citizens to try and fix its $1.4 trillion deficit, according to former Treasury Secretary...

FOMO regime change for US stock market – MarketPulse

The laggards, Dow Jones Industrial Average & Russell 2000 have recorded stellar single-day outperformances on Friday, 2 June against the Nasdaq 100; at...

🔴 Crypto Resists Market Crisis? | This Week in Crypto – Jun 5, 2023

Elon Musk faces new insider trading charges over Dogecoin, Coinbase says AI can benefit crypto and another crypto millionaire dies mysteriously. These stories and...

Markets buoyed by debt ceiling deal but US jobs report was always the main event – MarketPulse

A debt ceiling fiasco has been averted late in the day and markets are ending the week on a positive note, as traders...

US debt ceiling, declining trust in banks send ETH staking to record highs

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The...

Swiss franc higher as markets eye US jobs report – MarketPulse

SNB’s Jordan warns about inflation Fed split on next move US debt ceiling deal sails through House of Representatives The Swiss franc has moved higher on...

What’s next for crypto miners after US debt ceiling deal?

In this issueUS crypto mining tax: No dealNFT lending: Awash with competitionBeijing and Web3: Red hot ambitionsFrom the editor’s deskDear Reader,Innovation is a messy...

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal – CryptoInfoNet

Bitcoin mining has lately been on the focal point as a possible beneficiary in a vital negotiation. Ohio Rep. Warren Davidson has revealed {that...

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