There's been much talk about the U.S. Debt Ceiling Crisis the past week. It's come to my attention many are aware about it, but don't know what it is.

🧵Let's explore what a DEBT CEILING actually is, its causes, options to resolve it, current actions, and future implications:👇 1/ The debt ceiling crisis is a political and economic crisis that occurs when the United States government reaches its maximum limit on how much money it can borrow. This limit is set by Congress, and it has been raised 78 times since 1960.

🧵Today Coinbase sued the SEC. Let's See!👇 1. Today, @coinbase took legal action filing a lawsuit in federal court to compel the @SECGov to respond to their request for formal regulation in the cryptocurrency industry, which was submitted back in July '22.