ETF

Bitcoin holds $65k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3

CryptoSlate8h agoUpdated 8h ago
Bitcoin holds $65k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3
Smart Read

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 to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-...

Coins in this story

Related stories

Bitcoin’s $66,000 price breakout survives continued US-Iran escalation, but a bigger test looms
CryptoSlate3h ago60-word brief

Bitcoin’s $66,000 price breakout survives continued US-Iran escalation, but a bigger test looms

Bitcoin climbed above $66,000, extending its advance as exchange-traded fund inflows and a sharp drop in balances on major crypto exchanges eased some of the selling pressure that has weighed on the market since May. Data from CryptoSlate shows that the largest cryptocurrency traded as high as $66,277 and was changing hands near $66,181 as […] The post Bitco...

Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade
Bitcoin Magazine3h ago60-word brief

Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade

Bitcoin Magazine Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade Russia's parliament passed its first comprehensive crypto law, creating a state-regulated framework for exchanges and investors. This post Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade first appeared on Bitcoin Magazine and is wr...

Morpho launches fixed-rate lending protocol on Base
CoinTelegraph4h ago60-word brief

Morpho launches fixed-rate lending protocol on Base

Morpho Midnight introduces fixed rates and defined maturities alongside Morpho Blue’s variable-rate lending markets....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.