Consensus 2025
02:01:34:01

Debt


Finance

Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt

The miner sold 3,000 BTC in the past week to improve liquidity and reduce indebtedness.

A Bitfarms employee inspecting miners at Cowansville, Quebec, Canada. (Aoyon Ashraf/CoinDesk)

Finance

Bear Market Could See Some Crypto Miners Turning to M&A for Survival

Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.

(Greg Pease/Stone/Getty Images)

Finance

Galaxy Digital to Sell $500M of Notes in Private Placement

The notes, which are exchangeable for shares, will carry an interest rate of 3%.

Galaxy Digital CEO Mike Novogratz: ‘Crypto Revolution Is Here’

Policy

You Can’t Use a Trillion-Dollar Coin

It isn’t just a cute but faulty idea. It’s worthless.

(Dan Dennis/Unsplash)

Markets

Fitch: Debt Ceiling Fight Could Endanger ‘AAA’ Rating of US

The warning illustrates how the debate can create an aversion to risk that could rattle bitcoin.

(Shutterstock)

Markets

Stand-Off Over $28T of US Government Debt Could Rattle Bitcoin Market

The American government has never defaulted on its debts, but congressional gridlock over raising the debt ceiling is making investors question what would happen if it did.

Janet Yellen, U.S. Treasury secretary, speaks during an interview at the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, U.S., on Tuesday, Sept. 28, 2021. Yellen today warned that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the federal debt limit, putting pressure on lawmakers to avert a default on U.S. obligations. Photographer: Amanda Andrade-Rhoades/Bloomberg via Getty Images

Videos

Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market

As a pitched battle in the U.S. Congress raises the risk of the government defaulting on its $28 trillion in debt, some cryptocurrency traders are speculating whether the gridlock over raising the debt ceiling could cause a swoon in bitcoin prices.

CoinDesk placeholder image

Markets

Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse

Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.

Bitcoin 24-hour chart (CoinDesk)

Finance

Demand for Coinbase Junk Bonds Soars as Exchange Sells $2B in Debt

The strong demand and increase in offering size highlights crypto’s evolution from a fringe asset class to one under the spotlight of mainstream finance.

(Robert Nickelsberg/Getty Images)

Finance

Coinbase to Sell $1.5B of 7-Year, 10-Year Debt

The funds will be used for general corporate purposes, which may include acquisitions.

Coinbase CEO Brian Armstrong

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