UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s less glamorous constraint: cash. An unfinished lender switch now stands between the company…
debt
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Crypto Currency
XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP trades near $1.06, down 2.9% over 24 hours and 8.6% over the past week, as CoinGlass shows $2.43 billion in XRP open interest, $2.47 billion in 24-hour futures volume,…
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Crypto Currency
Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt
KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a Bitcoin treasury strategy, have sold approximately 511 BTC and used…
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Crypto Currency
Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3
US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin’s fixed-supply argument. Treasury currently expects…
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Investment
7.8 Million Student Loan Borrowers Are About to Deal With a New Debt Collector: The U.S. Treasury
The Department of the Treasury is set to take over servicing of $179 billion in defaulted federal student loans owed by 7.8 million borrowers (about 18% of all federal student…
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Soaring US debt may provide a significant tailwind to accelerate demand for safe-haven gold and set the stage for another record price rally. The US debt held by the public…
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Stocks
I was a slave to credit-card debt, then I got laid off and turned my life around. Here’s how I did it.
“I have steadily increased my assets by more than 10% since being laid off.”
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CoreWeave expanded its high-yield bond offering to $2.75 billion on Thursday after outsized investor and customer demand.
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The United States’ geopolitical brinkmanship over Greenland has thrown its economic ties to the EU into sharp relief. European powers are considering what instruments it has to combat US belligerence,…
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Key Takeaways Exodus reported a year-end update showing a debt-free balance sheet alongside adjustments to its corporate digital asset holdings. The company now holds 1,704 Bitcoins after a significant reduction…
