US National Debt Surpasses $40 Trillion, Raising Fiscal and Market Concerns
America’s total public debt has reached a record level, intensifying pressure on Treasury yields, interest costs and investor views of risk assets including Bitcoin
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Compound Approves $52 Million Plan and New Leadership for Institutional Shift
The DeFi lending protocol overhauls its team and secures record DAO funding to pursue banks, asset managers and real-world asset products after a sharp drop in locked capital
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Goldman Sachs’ Kaplan Backs Fed’s July Rate Hold, Calls for Data-Driven Flexibility Ahead of September
Goldman Sachs Vice Chairman Rob Kaplan described the Federal Reserve’s decision to keep rates unchanged in July as absolutely correct and urged policymakers to remain open to incoming data before their next meeting
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Galaxy Digital CEO Cites US Deficit as Key Driver of Bitcoin Confidence
Mike Novogratz remains bullish on Bitcoin amid record US monthly shortfalls and long-term debt projections from the Congressional Budget Office
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Digital Chamber Sues Illinois Over 0.2% Digital Asset Transaction Tax
The Digital Chamber filed suit against Illinois to block a new tax on crypto transactions before its January 2027 effective date, arguing the measure discriminates against blockchain technology
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North Carolina Sets 6% Tax on CFTC-Regulated Prediction Markets
North Carolina has passed legislation recognizing federal CFTC authority over prediction markets, allowing platforms to operate under national rules while applying a 6% tax on net revenue from state residents starting in 2027. This stands in contrast to higher taxes on sports betting and ongoing disputes in other states
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Germany Plans 1 Billion Euro Crypto Tax Revenue for 2027 by Ending Exemption
The German government aims to generate 1 billion euros from cryptocurrency taxation in 2027 through the removal of the current one-year holding period exemption on gains
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Galaxy Converts Helios Bitcoin Facility Into AI Data Center With 133 MW Delivery
Galaxy Digital has delivered 133 megawatts of critical IT load to CoreWeave at its Helios campus in West Texas, completing the first phase of the site's conversion from Bitcoin mining operations to AI and high-performance computing infrastructure
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Ethereum Foundation Cuts 20% of Staff in Major Restructuring
The Ethereum Foundation has eliminated 54 positions, representing about 20% of its workforce, as part of a broad organizational overhaul aimed at long-term focus and budget discipline amid ongoing community questions about funding
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Australia Weighs Crypto Tax Overhaul as Police Seize Millions in Major Darknet Bitcoin Bust
Government considers shifting from 50% CGT discount to inflation indexation while authorities demonstrate growing prowess in tracing illicit crypto flows
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