US Debt Ceiling – DIGIT INFO

Bitcoin ‘buys the rumor’ on US debt ceiling as BTC price nears $27.5K

DIGIT — Tue, 23 May 2023 12:55:09 +0000

BTC price action could attempt a reclaim of $30,000, analysis says, with Bitcoin climbing through its trading range.

Bitcoin price risk? US debt deal to trigger $1T liquidity crunch, analyst warns

DIGIT — Fri, 19 May 2023 11:57:21 +0000

Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department.

Go to Source

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

DIGIT — Tue, 02 May 2023 02:30:01 +0000

U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also cautioned that the U.S. defaulting on its debt obligations “would produce an economic and […]

Go to Source

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

DIGIT — Tue, 18 Apr 2023 22:19:55 +0000

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default […]

Go to Source

Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

DIGIT — Mon, 20 Sep 2021 19:00:34 +0000

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit contagion. Credit problems with China’s real estate industry have affected global markets […]

Go to Source