U.S. Budget Deficit Reaches $1.8 Trillion
The U.S. federal budget deficit surged to $1.834 trillion in fiscal 2024, driven by rising interest payments on the national debt and increased spending on Social Security and Medicare.
The U.S. federal budget deficit surged to $1.834 trillion in fiscal 2024, driven by rising interest payments on the national debt and increased spending on Social Security and Medicare.
Crypto.com has filed a lawsuit against the SEC after receiving a Wells Notice, challenging the regulator's "overreach" in its classification of cryptocurrencies like Solana and Cardano as securities.
A U.S. judge has approved FTX’s bankruptcy plan, clearing the way for $16 billion in repayments to creditors following the crypto exchange’s collapse in 2022.
The National Bank of Bahrain has introduced the first Bitcoin investment fund in the Gulf Cooperation Council.
The UAE has exempted cryptocurrency transfers and conversions from VAT, marking a major step toward creating a more Bitcoin-friendly regulatory environment in the region.
Bitwise is merging three futures-based funds into the new Trendwise Bitcoin and Treasuries Rotation Strategy ETF, designed to reduce volatility by shifting between Bitcoin futures and U.S. Treasuries.
Robinhood expands its services in Europe by allowing customers to transfer Bitcoin and crypto, enhancing access to self-custody options.
The Congressional Budget Office warns that Social Security is on track to run out of funds in nine years, leaving the U.S. with tough choices like benefit cuts, tax hikes, or further deficit increases.
The U.S. federal budget deficit surged to $1.834 trillion in fiscal 2024, driven by rising interest payments on the national debt and increased spending on Social Security and Medicare.
Crypto.com has filed a lawsuit against the SEC after receiving a Wells Notice, challenging the regulator's "overreach" in its classification of cryptocurrencies like Solana and Cardano as securities.
A U.S. judge has approved FTX’s bankruptcy plan, clearing the way for $16 billion in repayments to creditors following the crypto exchange’s collapse in 2022.
The National Bank of Bahrain has introduced the first Bitcoin investment fund in the Gulf Cooperation Council.
The UAE has exempted cryptocurrency transfers and conversions from VAT, marking a major step toward creating a more Bitcoin-friendly regulatory environment in the region.
Bitwise is merging three futures-based funds into the new Trendwise Bitcoin and Treasuries Rotation Strategy ETF, designed to reduce volatility by shifting between Bitcoin futures and U.S. Treasuries.
Robinhood expands its services in Europe by allowing customers to transfer Bitcoin and crypto, enhancing access to self-custody options.
The Congressional Budget Office warns that Social Security is on track to run out of funds in nine years, leaving the U.S. with tough choices like benefit cuts, tax hikes, or further deficit increases.
The SEC has approved options trading on BlackRock’s iShares Bitcoin Trust, marking a key milestone in Bitcoin's integration into traditional financial markets.
MicroStrategy has purchased an additional $489 million in Bitcoin, bringing its total holdings to 252,220 BTC worth $16 billion, as the company continues to use Bitcoin as a hedge against inflation.
Commerzbank and DZ Bank, two of Germany's largest financial institutions, are launching Bitcoin and cryptocurrency trading services.
BlackRock’s new report highlights Bitcoin as a unique portfolio diversifier, emphasizing its decentralized nature and potential as a hedge against global financial and political instability.