The US government has been shut down for over a month. While this has negatively impacted markets, including cryptocurrencies, the long-awaited agreement may finally be coming. The first step toward reopening the government has been taken, with the US Senate passing a temporary funding bill that will fund the government until January, according to The
Bitcoin’s price plunged at the start of the week. However, it significantly recovered losses through a weekend rebound, stabilizing near $106,000 mark. The weekly decline, which had approached -10%, ultimately closed at -4.99%. The rebound was driven by news of an imminent end to the US government shutdown and a social media post from President
Bitcoin jumped past $106,000 for the first time in nearly a week amid multiple reports that the U.S. Senate had reached an agreement to end the 40-day government shutdown, the longest in U.S. history. The largest cryptocurrency by market value was recently up more than 4%, according to data provider CoinGecko. Other major digital assets
The crypto market shot up today with big policy and regulatory actions in the U.S. boosted investor confidence and their liquidity expectations. Bitcoin climbed above $103,000. Solana price increased along with Ethereum and is continuing its weekend recovery due to positive macroeconomic and policy indicators.
In a recent social media post, prominent venture capitalist Jason Calacanis has stated that he would never touch Michael Saylor’s Strategy even if the stock were to crash. Calacanis also argues that there should be no Bitcoin bailouts if the company happens to go underwater. The caustic comments of the early Uber investor come after
Crypto‑treasury stocks, which rallied when companies stuffed their balance sheets with Bitcoin and ether, are sinking after recent price drops. For much of the year, investors were selling shares or borrowing funds to buy crypto, betting that corporate treasuries loaded with tokens would outperform holding the coins directly. Now that Bitcoin and Ether have fallen,
Scott Bessent, the current Treasury Secretary, said Sunday that Trump’s bold $2,000 “tariff dividend” promise might not be the kind of cash handout Americans are imagining. Speaking on ABC’s This Week, Scott was pressed about Trump’s viral Truth Social post where the former president claimed that Americans, excluding high earners, will receive a $2,000 payout
Oman has announced efforts to boost its GDP through digital programs lined up in the country. According to the country, it plans to build a strong digital economy through its National Digital Economy Programme, which is expected to focus on three pillars. In its statement, the country has highlighted that the program will focus on
United States President Donald Trump announced on Sunday that most Americans will receive a $2,000 “dividend” from the tariff revenue and criticized the opposition to his sweeping tariff policies. “A dividend of at least $2000 a person, not including high-income people, will be paid to everyone,” Trump said on Truth Social. The US Supreme Court