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Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review

Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in ReviewRipple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark

Tokenized US Treasuries Climb by 0M Since Crossing the  Billion MarkSince surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

US Government Borrows 7,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

The US national debt has surged over $800 billion dollars in just three months amid a fiscal warning from one of the world’s largest asset managers. According to the U.S. Treasury Department’s Debt to the Penny system, the national debt hit an all-time high of $35.668 trillion on October 1st, up from $34.841 trillion on […]

The post US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Government Adds $204,273,438,011 To National Debt on First Day of New Fiscal Year

US Government Adds 4,273,438,011 To National Debt on First Day of New Fiscal Year

The US government’s massive pile of debt is reaching fresh heights as a new fiscal year begins. The Treasury Department’s Debt to the Penny database shows the national debt rose from $35.464673929171 trillion on September 30th to $35.668947367182 trillion on October 1st – the first day of fiscal year 2025. That’s a jump of $204.273438011 […]

The post US Government Adds $204,273,438,011 To National Debt on First Day of New Fiscal Year appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets

QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk AssetsAccording to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in shaping market sentiment. QCP Capital: Central Bank Moves Boost Outlook for Crypto QCP Capital‘s analysis on Wednesday highlights a series of macroeconomic developments […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’

US Paying ,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’

The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for the fiscal year 2024. The interest represents the cost of borrowing money, which the government does by issuing Treasury bonds, bills and other securities. Interest payments have already totaled $1.05 trillion as of August, and […]

The post US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’ appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report

US Government Paying ,000,000,000 in Interest on National Debt Every 24 Hours: Report

The US is spending a huge amount of cash per day just to cover interest on the national debt, according to the chief economist at the multinational investment giant Apollo Global Management. Citing data from the Treasury Department, Apollo’s Torsten Sløk says the US government is now spending an average of $3 billion in interest […]

The post US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking LinksThe U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions, […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M

Arthur Hayes Predicts 0K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching MBitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial markets. Arthur Hayes Predicts Bitcoin Surge […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand

US Treasury Begins ,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand

The Treasury Department is beginning to buy tens of billions of dollars in US bonds in a push to bolster the market. In a series of announcements, the department details its $50 billion buyback operation, which started on August 7th and will last until October 31st. The agency is looking to buy both short and […]

The post US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement