US Government Reaches Tentative Agreement on Debt Deal, Reassuring Markets
The final bill will be introduced in Congress on May 31 Unconfirmed reports say Republicans have received assurances from the White House to cut spending So budget allocations for everything except defense will remain the same over the next two years ...
Circle CEO Jeremy Allaire Says Company Eliminates All Long-Term US Treasury Bonds Ahead of Potential Default
Firm CEO Jeremy Allaire said He said Circle has completely eliminated all long-term U.S. Treasury obligations If Republicans and Democrats in Congress do not agree on the debt ceiling, a technical default will come June 1 Circle has gotten rid of all ...
Standard Chartered Bank Analyst Suggests Bitcoin Could Rise to $40,000 if US Defaults on National Debt
The head of foreign currencies research department of Standard Chartered bank suggested that the BTC could jump in value by about $20 000, if the U.S. fails to meet its obligations on the national debt. Geoff Kendrick thinks that if the U.S. government defaults on its deb ...