Market Analysis
Congress Reaches Deal On Debt Ceiling as Bitcoin Soars
Bitcoin price hits $55k as congressional gridlock over debt ceiling eases until December.
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News
US debt
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US debt
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.
Market Analysis
Evergrande Scrambles to Raise Cash, Withdraws from Stock Exchange
Evergrande is to sell a 50% stake in a management unit for over $5 billion while a domino cascade of the global economy looms.
Trending
Highest Debt-to-GDP Ratio since WW2 is Coming—CBO Says it’s OK
Along with a high projected federal deficit and soaring inflation, the debt to GDP ratio will reach 100% in 2021.
Policy
How MMT Plays a Major Role in the Taxation of Cryptocurrencies
If people were to start paying taxes in cryptos, the monetary house of cards would start crumbling.