Cryptocurrency Analysis and News Portal
The Donald Trump administration is seeking to dismantle a program benefiting the EV industry. You might think Tesla, a longtime beneficiary of the program, should cringe at its proposed cancellation. But there’s a surprising reason Elon Musk should secretly cheer Trump’s budget. President Donald Trump’s latest controversial budget proposal seems destined to make
Read More
Donald Trump tweeted a Ralph Waldo Emerson quote that riled up his political enemies on Twitter Saturday. The quote was: “When you strike at the King, you must kill him.” “YOU ARE NOT A KING” his critics howled back in a trending rebuke. But he is the king of trolling his opponents
Read More
Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce. At her Senate confirmation hearing Thursday, Shelton said the U.S. needs fintech innovation to keep ahead of other countries. “Yes, it is a dominant reserve currency
Read More
Dow Jones Industrial Average (DJIA) futures surged 120 points on Wednesday. Trump tightened his grip on re-election with a record-breaking victory in the New Hampshire primary last night. Historically, a strong economy and consumer confidence points to Trump’s victory in 2020. Dow Jones Industrial Average (DJIA) futures are getting a huge boost on
Read More
U.S. President Donald Trump’s $4.8 trillion budget proposal for FY 2021, released Monday, seeks to expand the Treasury Department’s cryptocurrency oversight by returning the United States Secret Service, now a division of the Department of Homeland Security, to its jurisdiction. The reshuffling would “create new efficiencies” in the Secret Service’s investigation
Read More
In two tweets on Sunday, Donald Trump touted strong poll numbers in Iowa. He currently leads Democrats there for the general election vote. Iowa is an important bellwether state not only because of its headline-making caucuses but because it usually picks winners in November. President Trump will hold a Monday rally in
Read More
Donald Trump has begun taking revenge on impeachment participants. Trump may struggle getting to lawmakers like Mitt Romney and Adam Schiff. We could see personal data leaked much like Hillary Clinton’s email scandal. Last week Donald Trump was acquitted in his impeachment trial. But that wasn’t enough— emboldened by his acquittal, Trump embarked
Read More
A growing number of universities are happily welcoming cryptocurrency and blockchain as a course of study. Despite some controversies that surround this particular financial technology, it is glaring how much positive effort is being put to understand the rather complicated new digital means of payment.Amusingly, the latest crypto-friendly university member
Read More
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed
Read More
As the Chinese yuan falls in value due to factors like the ongoing trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin. According to a Bloomberg analysis of prices over 30 days,
Read More