Tag: Ceiling

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal

Bitcoin mining has recently been in the spotlight as a potential beneficiary in a pivotal trade. Ohio Representative Warren Davidson revealed that an interim deal, designed to stop the United States government from defaulting on its debts, could bring relief to cryptocurrency miners. In particular, Read More

Implications For Bitcoin When The US Debt Ceiling Is Raised

Implications For Bitcoin When The US Debt Ceiling Is Raised

The Doomsday debt ceiling is looming in the US and could have significant implications for Bitcoin. However, it remains to be seen when that will happen. The US House of Representatives yesterday passed a bill to raise the debt ceiling. With a narrow majority, the Read More