The monthly shortfall pushes the fiscal year-to-date deficit to $1.8 trillion with two months remaining. The US Treasury reported a $432.3 billion budget deficit for July, the largest monthly gap since March 2021. The figure reflects elevated government spending and lower-
Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M As BTC tops $80,000 for the first time since May, price analysis warns that the market still needs to sustain higher levels to challenge the bear-market thesis. Bitcoin (BTC) passed $80,000 after Monda
Treasury’s $1 trillion account and $2 billion bond buyback strategy fuel bitcoin’s rally above $79,000 amid short-covering surge. Bitcoin climbed to a two-month peak, trading above $79,000, after the Treasury Department signaled plans to expand bond buybacks using its $1 t
Michael Saylor Predicted Bitcoin Will Return 30% Annually for the Next 20 Years. Here's What That Would Mean for a $10,000 Investment Bitcoin (CRYPTO: BTC) is well off the all-time high it set last year, but one of its biggest supporters remains bullish. Michael Say
U.S. spot Bitcoin and Ethereum ETFs saw record weekly inflows amid a 24-30% rally in underlying assets. U.S. spot Bitcoin and Ethereum ETFs recorded $2.6 billion in net inflows for the week ending August 21, the strongest since October 2025. Total assets under management j
Bitcoin and Ethereum ETFs saw assets swell by $23.3 billion last week, with 90% driven by price appreciation rather than inflows. U.S. spot Bitcoin and Ethereum ETFs reported a $23.3 billion increase in assets under management last week, but just $2.6 billion stemmed from
The bank will distribute Hong Kong’s first regulated stablecoin to institutional clients and test cross-border payment use cases. Standard Chartered has begun distributing HKDAP, a Hong Kong-regulated stablecoin issued by Anchorpoint Financial, to eligible institutional cl
Bitcoin rallies 36% since late June, breaking key moving averages and nearing a critical swing area at $80,560. Bitcoin climbed $2,300, or 3.0%, to $79,765, reaching a daily high of $79,989. The move extends a 36% rally since bottoming at $57,735 in late June, driven by a
Strive’s Bitcoin accumulation pushes total holdings above 21,000 BTC, lifting ASST shares 11% amid targeted trading range adjustments. Strive purchased 1,110 Bitcoin for $81.5 million, increasing its total holdings to over 21,000 BTC. The move coincides with a 11% surge in
It's remarkable how dominant Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have been over the past decade. Back in 2016, they accounted for a whopping 90% of the crypto market's total market cap Today, they still account for a combined 70% of the crypto market ca
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