US government shutdown continues as Senate rejects temporary funding bill for 13th time
according to CCTV News, on October 28th local time, the U.S. Senate failed to pass a procedural vote once again with a vote of 54 to 45, to advance the "Fiscal Year 2025 Continuing Appropriations and Extension Act" aimed at ending the government shutdown. The bill, passed by the House of Representatives, proposes to temporarily restore government operations at current funding levels and requires 60 votes in the Senate to advance. This is the 13th vote on the bill, and it still has not reached the required threshold, meaning the government shutdown will continue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
$107M in longs liquidated within 4 hours ahead of FOMC announcement
Settlement Reached Soon in Fetch-Ocean Conflict, Putting Decentralized Governance Approaches to the Test
- Fetch.ai and Ocean Protocol near settlement: Fetch proposes dropping lawsuits if Ocean returns 286M FET tokens ($120M) to the community. - Dispute stems from 2024 ASI Alliance merger, with Fetch accusing Ocean of covert token conversions that triggered FET's 93% price collapse. - Ocean denies misconduct but agrees to return tokens if formalized, while Fetch offers $250K bounty for evidence of alleged multisig wallet signatories. - Resolution could set precedent for decentralized governance disputes, avoi
Zcash's Rise in Privacy: Will Its Anonymity Stay Ahead of Regulatory Oversight?
- Zcash (ZEC) surged 700% as privacy-focused demand drove 30% of its supply into shielded transactions via zk-SNARK technology. - Institutional adoption, including Grayscale's Zcash Trust and Hyperliquid futures, signals growing acceptance amid regulatory scrutiny. - Analysts warn of "pump-and-dump" risks and U.S. Treasury crackdowns on privacy coins, despite bullish price projections up to $10,000. - Zcash's success hinges on balancing privacy innovation with compliance as shielded transactions expand its
Bitcoin News Update: Crypto Markets Rattle Amid Fed's 10-2 Division and Trump's Warnings
- Fed Chair Powell cuts rates 25bps to 3.75%-4.00% amid government shutdown, warning data gaps hinder inflation response. - 10-2 policy split and Trump's "incompetent" attacks signal leadership challenges as crypto markets dip to $3.89T. - CBO projects $7B+ GDP loss by 2026 from shutdown, while analysts warn repo market fragility risks 2019-style crisis. - Bitcoin ETF inflows and Solana ETF debut hint at crypto resilience despite Fear & Greed Index hitting 39 ("Fear").
Trending news
MoreCrypto prices
More
