Maker (MKR/USD) price formed a double-top pattern as a vote on capital deployment continued. The MKR token retreated to a low of $855.36, the lowest point since March 3 of this year. It has plunged by...
Tag: Ceiling
How Republicans Can Win The Debt Ceiling Battle
This segment of What’s Ahead lays out how, with the right plan, House Speaker Kevin McCarthy and his fellow Republicans can turn the tables in their fight with President Biden over raising the ceiling...
U.S. House Speaker Kevin McCarthy speaks on the debt ceiling
(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. ...
Bitcoin Can Soar Above $25,000 Due to Debt Ceiling Debacle
While yesterday’s Biden-McCarthy meeting did not result in an agreement on the debt ceiling in the U.S., this could have direct implications for the entire financial market and Bitcoin. And the implic...
MakerDAO has a new proposal to increase Compound D3M Debt Ceiling
MakerDAO is set to introduce some changes to its Compound V2 D3M. MKR has seen a decline in buying pressure in the last week. In a new proposal, the Open Market Committee of leading decentralized fin...
McConnell Says It’s McCarthy’s Job To Reach Debt Ceiling Deal
Topline Senate Minority Leader Mitch McConnell (R-Ky.) told reporters Tuesday he plans to take a hands-off approach to overcoming the standoff between the White House and Congressional Republicans ove...
S&P 500 breaks above 4,000 as Democrat propose eliminating debt ceiling
Only days after the U.S. government reached its debt limit, House Democrats are pushing for Congress to eliminate the debt ceiling altogether. Republicans are demanding spending cuts The United States...
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Ongoing inflationary pressures and increasing risk the federal government could default on its loans will likely see Wall Street traders rush to precious metals in 2023. The U.S. hit its $31.4 trillio...
Peter Schiff just blasted the US debt ceiling drama. Here are 3 assets he trusts amid major market anxiety
‘The world’s largest Ponzi scheme’: Peter Schiff just blasted the US debt ceiling drama. Here are 3 assets he trusts amid major market anxiety A ticking time bomb in the U.S. economy is running perilo...
Does Bitcoin Care About the Debt Ceiling? – Trustnodes
The US government spends far more than it takes in and much of that spending is on interest for their $31.381 trillion debt. This is up 50% since 2020 from $20 trillion, so the pandemic has cost the U...
The U.S. officially hit the debt ceiling. Here are 3 money moves you should be making now to protect your wallet
On Thursday, the U.S. government officially hit the $31.4 trillion debt ceiling. Translation: The government is cut off and no longer able to pay its bills without taking extraordinary measures. “The ...
The US government just hit its $31.4 trillion debt ceiling — triggering fears of a nasty fallout for Americans. Here are 3 ways it could hurt you
The US government just hit its $31.4 trillion debt ceiling — triggering fears of a nasty fallout for Americans. Here are 3 ways it could hurt you The U.S. officially hit its $31.4 trillion debt ceilin...
Jamie Dimon warns Beltway hardliners not to play chicken when it comes to America’s $31 trillion debt ceiling
Jamie Dimon is worried—not so much about where interest rates are heading or even the economic outlook, but rather Washington’s impending standoff over the debt ceiling. The head of the world’s most v...
U.S. debt ceiling fight is a potential ‘financial catastrophe’
Expect financial market and economic chaos to ensue if U.S. lawmakers don’t find a resolution on the debt ceiling this time around. “If there was even a temporary default on the U.S. debt,...
US debt ceiling forces Treasury into ‘extraordinary measures’
The federal government officially reached its $31.38 trillion debt limit on Thursday, prompting the Treasury Department to begin using its “extraordinary measures” to avoid defaulting on t...
5 ways your finances could be impacted if the debt ceiling isn’t raised by the deadline
It’s coming down to the wire for Congress to reach a deal on the national debt ceiling before the U.S. government runs out of money to pay its bills. Treasury Secretary Janet Yellen warned lawmakers t...
The U.S. economy is again being held hostage to our ridiculous federal debt ceiling
Rep. Kevin McCarthy (R-Bakersfield) gave away much of his leverage to right-wing Republican House members to become speaker. Can he keep them from crashing the economy? (Associated Press) The individu...
El Salvador Paves Way For First Sovereign Blockchain Bond As BTC Breaks $21k Ceiling ⋆ ZyCrypto
Advertisement     Volcano Bond is expected to raise $1 billion for government funding. It is part of a bigger digital currency adoption plan since El Salvador made BTC...
U.S. Government To Hit Debt Ceiling On Thursday
(Photo by Ina Fassbender / AFP) (Photo by INA FASSBENDER/AFP via Getty Images) AFP via Getty Images Key Takeaways The US government is expected to hit the debt ceiling next Thursday, meaning that Cong...
US debt ceiling will require Treasury ‘extraordinary measures’ to avoid default
Treasury Secretary Janet Yellen disclosed the debt bomb on Friday noting the government will reach that ceiling next week on Jan. 19 when the debt balloons to $31.38 trillion. “Once the limit is...
As Debt Ceiling Countdown Begins, Should Markets Be Concerned?
Treasury Secretary Janet Yellen speaks at the Treasury Department in Washington, Jan. 10, 2023. The … [+] federal government is on track to max out on its $31.4 trillion borrowing authority as s...
The Stock Market Is on a Tear. Don’t Ignore the Debt Ceiling.
It’s always fun until the bill comes due—and the bill always comes due. In fact, it’s coming due right about now. On Friday, Treasury Secretary Janet Yellen warned Congress that the U.S. would hit its...
When’s The Debt Ceiling Deadline For 2023?
House Speaker Kevin McCarthy of Calif., speaks with members of the press before attending a House … [+] Republican Steering Committee meeting on Capitol Hill in Washington, Wednesday, Jan. 11, 2...
Why Tesla Stock’s Ceiling Is Now $200. Where the Floor Might Be.
Tesla hasn’t had a lot of important fundamental news recently, which leaves the stock at the mercy of its chart. And the chart doesn’t look very good. Until something fundamental changes, Tesla (ticke...
Debt Ceiling Risk Looms For Markets In 2023
There are concerns that negotiations around raising the debt ceiling could rattle markets as we saw … [+] in 2011. Photographer: Michael Nagle/Bloomberg © 2022 Bloomberg Finance LP When the U.S....
Pelosi Says Democrats Will Try To Raise Debt Ceiling This Year As House Control Remains Uncertain
Topline House Speaker Nancy Pelosi (D-Calif.) said she wants House Democrats to try to raise the debt ceiling before the current session of Congress ends, a move aimed at preventing a Republican-contr...
Is The Debt Ceiling The Only Remaining Institution Capable Of Shrinking The Federal Government?
Even before the pandemic episode, spending on debt service threatened to rival the entire federal defense budget. WASHINGTON, DC – JULY 25: U.S. President Joe Biden listens as Communications Wor...
Jurgen Klopp Is Wrong, Liverpool FC Has No ‘Ceiling’ But Newcastle United Did
Liverpool’s German manager Jurgen Klopp speaks to journalists ahead of the UEFA Champions League … [+] Group A football match between Glasgow Rangers and Liverpool at the Ibrox Stadium, in...
Maker Doubled Its Debt Ceiling on Staked Ethereum (stETH) Vault!
The popular crypto lending platform, Maker, has doubled its debt ceiling on the staked Ethereum (stETH) vault. Maker is the most significant decentralized finance (DeFi) protocol behind creating DAI s...
Opinion: Opinion: The debt ceiling is a farce, not a crisis
AUSTIN, Texas (Project Syndicate)—In his bid to become speaker of the U.S. House of Representatives, Kevin McCarthy apparently agreed to a demand, voiced by Republican Congressman Ralph Norman of Sout...