First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.

• 2023-06-05
• digital assets market correction debt ceiling Mark Connors market prices

Bitcoin Falls Below $27,000. Key Price Levels to Watch Now.

Bitcoin and other cryptocurrencies were largely down early on Thursday, with concerns around falling liquidity in focus following the likely passage of legislation to lift the U.S. debt ceiling. Bitcoin was down 1.

• 2023-06-01
• Bitcoin debt ceiling

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

• 2023-06-01
• Federal Reserve Bank debt ceiling Federal Reserve Bitcoin Strahinja Savic

Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said.

• 2023-06-01
• U.S. Treasury debt ceiling liquidity conditions balance sheet digital assets Tom Dunleavy the Federal Reserve

Bitcoin Miners Dodged a New Tax. Next Time They May Not Be So Lucky.

Congress' draft debt-ceiling bill doesn't include a heavy crypto tax that the White House had proposed.

• 2023-05-31
• Bitcoin miners White House debt ceiling excise tax Digital Asset Mining Energy

Bitcoin, Ether dip; XRP rises; U.S. equity futures gain as debt ceiling worries fade

Bitcoin fell in Tuesday morning trading in Asia. Ether and most other top 10 non-stablecoin tokens also logged losses, while XRP gained.

• 2023-05-30
• Ripple Labs XRP President Joe Biden debt ceiling William Hinman Bitcoin

Plan for 30% tax on Bitcoin mining appears dead under debt ceiling deal

The White House's plan to tax crypto mining 30% under a law called the DAME Act appears to have been scrapped in a budget compromise with Republicans.

• 2023-05-30
• White House debt ceiling Bitcoin miners President Biden side hustles Congressman Warren Davidson

US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman

The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.

• 2023-05-29
• Joe Biden Bitcoin mining debt ceiling cryptocurrency mining Satoshi Action Fund Energy tax Biden administration excise tax Kevin McCarthy

Bitcoin and Ethereum Rise as U.S. Lawmakers Scramble to Dodge Historic Debt Default

The potential compromise comes as America’s “X-date” approaches quickly.

• 2023-05-29
• President Joe Biden Capitol Hill Kevin McCarthy debt ceiling Janet Yellen White House agreement in principle

Bitcoin’s Volatility Drops to Lowest Since 2020 While AI Tokens Take Off

(Bloomberg) -- The typically hyper-volatile Bitcoin hasn’t been so choppy of late at all.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyThe largest digital asset hasn’t posted a daily move of 6% for 70 sessions, the lo

• 2023-05-27
• Bloomberg Bitcoin debt ceiling