33m ago
Steve Hanke Warns U.S. Is "Functionally Insolvent", Cites $6T Assets vs $136T Liabilities
Johns Hopkins economist Steve Hanke said in a recent interview that the U.S. is losing leverage in the Iran conflict and is "functionally insolvent." He pointed to a sharp drop in Strait of Hormuz throughput, claimed the Iranian rial has risen 6% since the war began, and cited federal figures showing about $6 trillion in assets versus roughly $48 trillion in on-balance-sheet liabilities and around $136 trillion including Social Security and Medicare.
33m ago
2h ago
2-year US Treasury auction weakens as $69B sale clears at 3.936% yield
A soft outcome in Tuesday's 2-year US Treasury auction suggested investors are growing less comfortable with the outlook as oil rises and inflation worries resurface. The Treasury sold $69 billion of 2-year notes at a 3.936% high yield, while the bid-to-cover ratio slipped to 2.44 from 2.63 in February. The results were read as a sign markets may be dialing back expectations for near-term Federal Reserve rate cuts.
BTC
BTC-0.74%
2h ago
7h ago
Canada's Bill C-25 Would Bar Crypto Donations to Political Campaigns
On March 29, 2026, Canada advanced the Strong and Free Elections Act (Bill C-25) to prohibit political contributions made in bitcoin and other digital assets. The proposed ban would apply to parties, candidates, leadership and nomination contests, and third parties running election ads, even though no major federal party has publicly accepted crypto and none were disclosed in the 2021 or 2025 elections.
BTC
BTC-0.74%
7h ago
8h ago
Token unlocks top $100M from March 30 to April 5, led by Sui's $47.5M release
Between March 30 and April 5, 2026, more than $100 million in token unlocks across 10 projects is scheduled to enter circulation over six days. The largest event is Sui's $47.5 million (53.4 million SUI) unlock on April 1, while Definitive's EDGE releases $16.6 million (138.3 million tokens, 13.8% of supply) on April 2. Other unlocks include ENA, GUN, EIGEN, OP, BTW, plus Zama, Zora, and Keeta, with KTA unlocking on April 5.
SUI
SUI-4.55%
8h ago
12h ago
Hut 8 details modular “LEGO-style” data centers for AI workloads and Bitcoin mining
Hut 8 said it is expanding modular data centers designed to shift computing capacity between AI workloads and bitcoin mining, with facilities built from interchangeable components. The company pointed to its Vega site in Texas—initially developed for mining and later adapted for AI-related work—as an early example of the approach. It also cited a development pipeline totaling about 10 gigawatts of capacity as it prioritizes demand, financing, and power access before construction.
BTC
BTC-0.74%
12h ago