Moody‘s AAA rating cut has, at the time of writing, sent real shockwaves through global markets as the last major agency to actually downgrade U.S. credit status. Just recently, on…
Key takeaways:Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt.Moody’s downgraded the US…
Key Points:Moody’s downgrade not surprising, U.S. debt remains safest investment.Hassett expects continued strong trade relationships.Market reactions to ratings changes historically prompt Bitcoin interest.
Kevin Hassett, Director of the U.S. National Economic…
Bitcoin's price chart is echoing a bullish pattern that foreshadowed the late 2024 price surge from $70,000 to $100,000 amid mounting concerns over the sustainability of the U.S. debt.The…
Key Points:Moody’s downgrades U.S. credit rating, impacting fiscal policies and market confidence.
Decreased rating denotes economic instability concerns.
The U.S. faces pressure to manage fiscal deficits effectively.Moody’s Downgrades…
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in…
BlackRock's BUIDL Fund Puts $2.7B on Ethereum as Stablecoins Hold 0.5% of US Debt, Solana Hits $13.1B
Senator Lummis’ Bitcoin Act With Trump Support Proposes 1 Million Bitcoin Purchase to Address $36 Trillion U.S. Debt
Bitcoin and Gold Powerful Tools for Investors Amid Approaching ‘Sovereign Debt Crisis’: Jack Mallers
Strike CEO Jack Mallers says that gold and Bitcoin (BTC) will be useful assets to hold during an imminent reordering of the global financial and geopolitical landscape.
In a new interview…
BitMEX co-founder Arthur Hayes has expressed doubt that the United States will add more Bitcoin to its reserves, despite recent moves to create a strategic Bitcoin stockpile. In a May 1…