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The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will not be a recession in the US this year or next. But, as we shall see, those comforting findings do n..
Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario for stocks might be opening up. A background of spreading trade protectionism and slowing ..
US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and the more he pushes the harder he makes it for Jay Powell to maintain his institutions indep..
U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance. “This is indeed a national secur..
Donald Trump Name Drops Bitcoin In a three-part thread, Donald Trump lambasted cryptocurrencies, even setting his sights on Bitcoin. The American leader tried to dismantle the value proposition of not only decentralized cryptocurrencies — such as and namely Bitcoin — but Facebook’s Libra too. Trump..
Is there a Trump rally incoming for bitcoin? That’s what’s on the minds of many after US president Donald Trump tweeted on Thursday that he was “not a fan of bitcoin and other cryptocurrencies”. Although Trump is loved by many he is arguably hated in at least equal measure at home and possibly hun..