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Tag Archives: Donald Trump

The DOJ Calls Bitcoin a Threat to America’s Future

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...

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Bitcoin Surges Following News of Further Stimulus Chat

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...

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Bitcoin Falls Following Another Halt in Stimulus Talks

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...

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Bitcoin Volatility Has Reached a New Low

The volatility of bitcoin has fallen to a new low, according to both charts and analysts alike. Overall, the currency’s volatility has dropped to its lowest point in 23 months and has fallen by approximately 43 percent over the past week.Bitcoin Volatility Reaches a New BottomThe data is there in that all one needs to really do is look at the present price of bitcoin and its recent patterns. For one thing, the currency has remained above $10,400 for the past several days. $10,400 was...

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Trump Health News Challenges BTC’s Safe Haven Status

It looks like the idea that bitcoin is a “safe haven” of sorts has been challenged this weekend. News of Donald Trump and his hospitalization due to the coronavirus infection has brought an end to the electric surge stocks were experiencing, and as a result, bitcoin is also showing signs of weakness, suggesting that the correlation between the S&P 500 and bitcoin is still there and as strong as ever.News Regarding Trump Brings Down Stocks… and BTCFor the longest time, many industry...

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Donald Trump Health Token Now Available on Uniswap

Trump may not like crypto, but the crypto-verse sure doesn’t miss a chance to mess with him. As proof that anything can be tokenized – no matter how trivial or influential – a derivative has just appeared on Uniswap to track the President’s health: Please welcome the Trump Health Index (THI).Little is known about this “project” beyond its name and evolution (and, of course, its smart contract). For purists, it should be an index that goes up when the market has a positive perception of the...

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Q3 Ends with BitMEX Fiasco and KuCoin Hack, More to Come? The Crypto Weekly Market Update

To say that a lot has happened over the past seven days would be an understatement. Starting off with Bitcoin’s price, it’s currently trading at around $10,500, down $150 over the week.Everything was going relatively well for BTC. It peaked above $10,900, giving many people hopes that we will finally see a breach above $11,000 and a restart to the bull run. However, it was yesterday when things took a turn for the wors.As CryptoPotato reported, the US Commodity and Futures Trading Commission...

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Will Bitcoin Drop Lower on Trump’s Positive Covid-19 Test News?

Following a positive Covid-19 test result from one of Donald Trump’s closest aides, the POTUS himself took the test which produced the same result for him and the First Lady. He tweeted the news a couple of hours ago.Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!— Donald J. Trump (@realDonaldTrump) October 2, 2020Global stock markets have already reacted in a heavy slide, and crypto markets...

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The U.S. Is Probably Not Going to Attack Bitcoin

It looks like bitcoin has reached a new pinnacle in the U.S. government. For a long time, many Americans have been worried that the country is looking to shut down bitcoin operations, but now it looks like these fears are ready to subside.Bitcoin Is Likely Here to StayFigures like current president Donald Trump have stated in the past that they aren’t fans of bitcoin given that they thought the currency’s value was based on thin air. In addition, according to John Bolton’s book, Trump has...

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Cameron Winklevoss: The Fed Hacks The US Dollar

While the perpetrators of the infamous Twitter hack from a few days ago remain unknown, popular cryptocurrency proponent Cameron Winklevoss believes that “we do know who continually hacks the US dollar – the Fed.”The Fed Hacks The USD?During the past few days, the world’s attention is focused on the bold Twitter hack, which had compromised many accounts belonging to famous individuals and companies. Despite the increased media coverage and numerous rumors, though, the perpetrators haven’t...

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