by COINS NEWS - 8 months ago
Michael Saylor borrowed $2.2 Billion worth of inflated fiat currency at a blended interest rate of 1.66% to Buy Bitcoin. He is using VERY cheap debt to buy a highly appreciating asset. How?!? ???? He did this by essentially taking out loans against...
Bitcoin News / Bitcoin.com - 8 months ago
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermo...
Cryptocoins News / The Cointelegraph - 8 months ago
Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC. On the latest episode of Macro Markets, Coin...
Bitcoin News / Google News Bitcoin - 8 months ago
Does high US consumer debt benefit Bitcoin price?& & Cointelegraph
Bitcoin News / Bitcoinist - 8 months ago
In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee. Despite criticizing the US Department of Justice (DOJ) representatives for...
Cryptocoins News / The Cointelegraph - 8 months ago
The United States-based crypto exchange has increased its offer for discounted debt by 3%. Crypto exchange Coinbase has raised the offer on its $150 million debt buyb...
More / Bitcoin Reddit - 8 months ago
No stupid question, because I guess I am that stupid. Let's say the US defaults and all countries default on their debt, does that mean I can just own my house without paying mortgage???? submitted by /u/yungazier [link] [co...
More / Bitcoin Reddit - 8 months ago
submitted by /u/RustinSats [link] [comments]
Cryptocoins News / The Cointelegraph - 8 months ago
Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months....
Bitcoin News / Google News Bitcoin - 8 months ago
US gov't debt downgraded — Huge news for Bitcoin?& & Cointelegraph
Cryptocoins News / Finance Magnates - 8 months ago
FTX's debtors have clashed with the Official Committee of Unsecured Creditors (UCC) over the control of the asset of the collapsed cryptocurrency exchange. The disagreement has been complicated by plans to relaunch the exchange's operations outside t...
Cryptocoins News / The Cointelegraph - 8 months ago
FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasurys. FTX de...
Cryptocoins News / The Cointelegraph - 8 months ago
The cryptocurrency exchange’s 2031 senior notes, which have a coupon rate of 3.625%, have $1 billion in outstanding principal. Cryptocurrency exchange Coinbase will be...
More / Bitcoin Reddit - 9 months ago
submitted by /u/RustinSats [link] [comments]
Bitcoin News / Bitcoinist - 9 months ago
The United States Securities and Exchange Commission (SEC) has taken action to freeze the assets of Utah-based crypto firm Digital Licensing Inc., alleging involvement in a $50 million fraudulent crypto scheme. The SEC initiated an urgent legal inter...
Cryptocoins News / The Cointelegraph - 9 months ago
Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its “node licenses.” The United States Secur...
Bitcoin News / Bitcoinist - 9 months ago
Charles Hoskinson, founder of Cardano and head of Input-Output Global (IOG), took to X, formerly Twitter, to criticize the United States’ economic policies and handling of emerging technologies. His comments came after Fitch Ratings downgraded ...
Cryptocoins News / EthereumWorldNews - 9 months ago
Curve Finance founder Michael Egorov has offloaded 72 million Curve Dao Tokens since last week’s exploits.& Egorov has managed to reduce his $100 million debt, collateralized with 427 million CRV, by 21%.& Earlier today Curve’s crvUSD stable...
Cryptocoins News / Blockchain - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13...
Bitcoin News / Google News Bitcoin - 9 months ago
Bitcoin rises after Fitch downgrades U.S. debt rating& & Morningstar
Cryptocoins News / The Cointelegraph - 9 months ago
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens. While Curve Finance is still weathering the aftermath...
Bitcoin News / Bitcoin.com - 9 months ago
A recent study has shown that Singapore, the U.S., and Japan rank highest in the world by debt per citizen, according to United Nations data. In other news, a rare 2010 Bitcoin block reward has awakened after 13 years of dormancy, and the BRICS econo...
Bitcoin News / Google News Bitcoin - 9 months ago
Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt?& & NewsBTC
by COINS NEWS - 9 months ago
submitted by /u/fanriver [link] [comments]
Cryptocoins News / The Cointelegraph - 9 months ago
Cointelegraph analyst and writer Marcel Pechman explains why debt might be good for Bitcoin, and discusses JPMorgan’s method for trading debt instruments. In the lates...
