The CEO of Lightning Network wallet Strike says the US government’s rapid debt accumulation will be the catalyst that sends Bitcoin (BTC) to greater heights. In a new interview with Bloomberg Technology, Jack Mallers says the United States has no way of paying off its record-high $34.578 trillion debt. According to Mallers, he sees the […]
The post Here’s Why Record-Level US Debt Will Propel Bitcoin to Greater Heights, According to Strike CEO Jack Mallers appeared first on The Daily Hodl.
Galaxy Digital chief executive Mike Novogratz believes that Bitcoin now has access to an $84 trillion market following the approval of BTC spot market exchange-traded funds. Speaking at the Bitcoin Investor Day event in New York, the billionaire says BTC is witnessing a dramatic increase in adoption with the launch of the ETFs. He also […]
The post Bitcoin Tapping Into $84,000,000,000,000 Market, BTC Adoption Now Overwhelming: Billionaire Mike Novogratz appeared first on The Daily Hodl.
Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […]
The CEO of a $60 billion hedge fund says Americans should be alarmed about the country’s rapidly expanding debt. New numbers from the Treasury Department show the national debt climbed from $34.393262 trillion on March 1st to $34.561173 trillion on March 20th, a rise of $167.911 billion in just 20 days. At this point, the […]
The post $167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at ‘Borderline Insanity’ appeared first on The Daily Hodl.
A former deputy director of the International Monetary Fund (IMF) says the US is now racking up debt at an extremely dangerous pace. Fresh data from the U.S. Treasury Department shows that the national debt rose from $33.990 trillion on January 2nd to $34.465 trillion on March 8th – an increase of more than $474.930 […]
The post $474,930,000,000 Added To US National Debt Since January 1st As Ex-IMF Official Says America Now on Dangerously Unsustainable Path appeared first on The Daily Hodl.
America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the penny” database shows the national debt is ballooning by about $1 trillion every 100 days. That’s a staggering $10 billion per day, $416.67 million per hour, $6.94 million per minute […]
The post US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department appeared first on The Daily Hodl.
Veteran trader Peter Brandt, who gained legendary status after calling the 2017 Bitcoin (BTC) collapse, is looking at the crypto king’s history to determine whether its multi-month bull run is over. Brandt tells his 719,800 followers on the social media platform X that he thinks Bitcoin’s bull market is just getting started after BTC surged […]
The post Blow-Off Top? Legendary Trader Peter Brandt Weighs In on Bitcoin After BTC Rises Nearly 50% in a Month appeared first on The Daily Hodl.
The US government is expected to shell out nearly a trillion dollars this year just to cover the interest on its record-level debt. The Committee for a Responsible Federal Budget (CRFB), a nonprofit that calls attention to issues with significant fiscal impact, cites data from the Congressional Budget Office (CBO) estimating that the US government […]
The post $870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report appeared first on The Daily Hodl.
A former International Monetary Fund (IMF) chief economist is sounding the alarm about the US government’s insatiable thirst for debt. New data from the U.S. Treasury Department shows that the national debt rose from $34.155 trillion on February 1st to $34.368 trillion on February 23rd. That’s an increase of over $213.182 billion in about three […]
The post $213,182,743,000 Piled Onto US National Debt in Just 23 Days As Former IMF Chief Economist Says He’s Extremely Worried About Borrowing Binge appeared first on The Daily Hodl.
Global debt has officially passed a record high of $313 trillion and according to a new study, a group of nations appear to be increasingly at risk of not being able to pay it back. Global debt soared $15 trillion from Q4 2022 to Q4 2023, says the Institute of International Finance (IIF), as reported […]
The post Global Debt Surpasses $313,000,000,000,000 As Nations Face ‘Potential Growing Challenges’ in Ability To Pay Their Bills: Report appeared first on The Daily Hodl.
