Trump’s Calls for Negative Interests Rates May Benefit Bitcoin, Says Analyst

The President of the United States has once again called on the Federal Reserve to significantly lower interest rates. For Dan Tapiero, of DTAP Capital, such a “debasement of the dollar” would benefit Bitcoin and other hard, store-of-value assets. Tapiero believes that Trump hopes to drive economic activity by effectively charging customers to hold money […]

White House Warns On Dodgy Drug Dealings With Digital Currencies

Reports are emerging that the Trump Administration has taken another dig at digital currencies. As usual mainstream media outlets are running with the FUD, spouting stories of despair as Bitcoin does not bat an eyelid and continues its consolidation. China Targeted in Drug Epidemic Two advisories were issued yesterday by the White House warning over […]

Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment

Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey. Source link

US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela

In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets Source link

Bullish For Bitcoin? Trump Turns Up Pressure on Federal Reserve to Cut Interest Rates

President Trump is continuing to pressure the Federal Reserve for dragging its feet on interest rate cuts. For some, such aggressive economic policy is yet another inadvertent advertisement for Bitcoin for the US president. Donald Trump recently declared himself as being generally opposed to Bitcoin and cryptocurrency. However, for some analysts, the president is doing […]

Bitcoin (BTC) Is Up 6% Even As Sellers Eye $7,500

Bitcoin (BTC) resurgence, up 6 percent Altcoins dominance fall Superior, Bitcoin is generally in an uptrend despite early July losses. Presently, resistance lies at $14,000, and if buyers overcome this level, then BTC could soar to $18,000 by close of the year. Bitcoin Price Analysis Fundamentals The altcoin world is turbulent. Even if the general […]

Bitcoin (BTC) Cracking As Government Drums For Regulation

Bitcoin (BTC) is down 14.8 percent Steven Mnuchin is calling for cryptocurrency oversight and compliance Eventual regulation of cryptocurrencies in the US, following Steven Mnuchin presser, could have far-reaching consequences on Bitcoin and cryptocurrencies. In the meantime, BTC is on edge and may slide to $9,500. Bitcoin Price Analysis Fundamentals From launch, Bitcoin is considered […]

US Treasury Increases Regulatory Pressure on Crypto, Warns of Its Unlawful Uses

Friday night, United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto as a whole, expressing his distaste in the emerging asset class and commenting on their “unlawful” uses. Following the first glimmer at the government’s more demonizing stance against cryptocurrencies, Steve Mnuchin, the United States Secretary of the Treasury, briefed the nation […]

Trump Blasts Bitcoin For Illicit Use As NY College Is Hit With $2M Ransomware

Last night, the TV personality, businessman, president of the “free world,” Donald Trump took to twitter to blast Bitcoin, Facebook’s Libra, and the entire asset class of cryptocurrencies. The outspoken United States president said that the asset class is “highly volatile,” “unregulated,” “based on thin air,” and “can facilitate unlawful behavior, including drug trade and […]

Bitcoin Unaffected as Markets Shrug Off Trump’s Critical Tweets

On thursday evening, the US president stated in a tweet that unregulated crypto assets possess the ability to facilitate unlawful behavior, so far the markets have been slower to react. Source link