Tag Archives: Donald Trump

The uncertainty seems to have come to an end: Biden is the new president of the United States after winning the decisive electoral votes of Georgia and Pennsylvania. At this moment, Biden has 290 votes out of the 270 needed to win the presidency, while Trump has only 214. And with only 34 votes in dispute, the chapter is practically closed. Biden vs Trump 2020 electionsBitcoin’s Sell The News In Reaction to Biden Winning The new president was quick to change his Twitter bio...

The 2020 US Elections are on, and there’s no shortage of excitement around them. At the time of this writing, it’s anyone’s guess who the winner will be as ballots are still being counted in certain states. Bookmakers and cryptocurrency exchanges where users can bet on the outcome, however, are strongly favoring Joe Biden currently. This comes after massive volatility in the tokens in the past few hours. Massive Pumps and Massive Dumps One of the more popular cryptocurrency...

It goes without saying that a lot has happened over the past four years when it comes to cryptocurrencies. We went through the market’s most parabolic cycle in 2017 and a prolonged bear market in 2018. In 2020, the market is arguably in a bullish state coming into this year’s US Presidential Elections, where Donald Trump will battle to keep his presidency against Joe Biden. At times like these, it’s worth taking a step back and see how the market looked during the previous...

With the presidential election happening so soon, many analysts and industry experts are wondering how solid bitcoin’s future will be. Each candidate represents a different outcome for the world’s number one digital currency. Many analysts believe that the economy will be considerably stronger under Donald Trump, which means that the price of BTC could potentially be slow to rise, while Biden is likely to bring falls in the stock market, which may give bitcoin a chance to spike faster.Will...

Occurring every four years, the US Presidential elections gain attention not only from US citizens but from the entire world. Being the largest country by nominal GDP and the US dollar serving as the global reserve currency, the consequences of elections’ results will be felt in the next (at least) four years everywhere. That “everywhere” part definitely includes the traditional financial markets and, more specifically, the US stock markets. In fact, their performance could...

Ripple board member and a close family friend of US President Donald Trump, Ken Kurson, has been arrested following allegations of cyberstalking. According to the New York Times, Kurson has stalked and harassed a total of five victims, including his ex-wife. He was reportedly most vicious against a friend of his ex-wife, whom he blamed for his divorce. He used pseudonyms to contact the hospital she worked and sent fraudulent emails claiming that she had an affair with her...

Bitcoin’s price is undeniably affected by many factors. Throughout its nascent history, it has displayed continuous correlation with the performance of gold, although, at times, it’s moving hand-in-hand with the stock market. The overall macroeconomic landscape has also proven to be a factor for Bitcoin’s price. For example, it saw a 40% decrease in March when the world declared a state of global pandemic induced by the outbreak of the novel coronavirus COVID-19. The 2020 US...

The Department of Justice (DOJ) is once again attacking bitcoin and cryptocurrency, claiming that they are agents of numerous financial crimes throughout the United States and abroad.DOJ: BTC Is a Threat to America’s FutureThe DOJ is going so far as to claim that bitcoin and other digital currencies qualify as threats to national security, with US Attorney General William Barr referring to crypto as “the first raindrops of an oncoming storm.”The idea behind bitcoin was that it would...

At the time of writing, the price of bitcoin has shot up by more than $300. It’s often been reported that September is a naturally bearish month for bitcoin and several other assets, but that it will usually fail to have any lasting effect on the price of the currency. It will not carry anything into the fourth quarter, and thus far, things are playing out as normal.Bitcoin Is Up Even More TodayThere is more good news in that it looks like bitcoin is becoming far more mature and much more...

It looks like bitcoin has taken a bit of a stumble following news that COVID relief talks have stalled again. Strangely, President Donald Trump is being looked at by certain sources as the reason why these talks haven’t gone anywhere, though when one looks at the data and the precise facts of the situation, it appears the fault lies with Democrats and House Speaker Nancy Pelosi, who has consistently looked to add trillions of dollars to these packages to save the interests of her ailing...