Policy
Blocking Crypto Mining Tax “One of the Victories” in Debt Deal: Congressman
The US debt deal has scrapped a crypto tax rule that called for a whopping 30% tax on the electricity used by miners.
Total Stories
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News
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Best Stocks
WeWork Down 97% Over a Year as Firm Reportedly Heading for Bankruptcy
WeWork's shares are down 40% in Wednesday's premarket after reports revealed the company plans to file for bankruptcy next week.
Crypto
Circle Rebalances its Treasury Holdings as Risk of US Default Looms
Circle no longer holds Treasuries maturing beyond early June.
Crypto
Bhutan’s Sovereign Fund Defaulted on BlockFi Debt, According to Report
DHI claims it has "settled" the $30m loan from BlockFi, though it remains unclear whether the loan was paid back in full.
Market Analysis
El Salvador’s 2027 Bond Down 59% YTD: Can Bitcoin Be a Saviour?
Morgan Stanley believes El Salvador's bonds could bounce back to 44 cents on the dollar by year-end.
Crypto
El Salvador Has No Takers for its Volcano Bonds: Some Fear Country Near Default
El Salvador's volcano bonds haven't received any investment, which deepens concerns about how the country would pay a $800 million debt repayment due early 2023.