2021-12-24 20:30 |
The now former president did not reveal what his next move would be, or whether he would continue to work in the cryptocurrency industry.
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Fed Chair Jerome Powell has been nominated by President Joe Biden for another term in office. Cumberland’s global head believes that the move is in the long-term interest of cryptocurrency enthusiasts given his track record.
2021-11-24 12:19 | |
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Salvadoran President Nayib Bukele has announced plans to build an ultra-modern veterinary hospital in the nation with more than $4 million in profits generated from the nation’s bitcoin (BTC) trust. The move has drawn mixed reactions on Twitter so far.
2021-10-11 13:00 | |
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One of the largest banks in the US, Bank of America recently came out in public support of El Salvador’s move to make bitcoin legal tender by making a case of the development’s benefits. Bitcoin Adoption Offers Key Opportunities to El Salvador On Sunday, August 1, El Salvador President, Nayeb Bukele posted a tweet describingRead More
2021-8-2 13:00 | |
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In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […]
2021-6-28 09:00 | |
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After becoming the first country to usher Bitcoin (BTC/USD) as legal tender, El Salvador is making consistent and unapologetic efforts in the direction of full adoption. According to President Nayib Bukele, the risks are minimal and the move is a giant step forward for humankind, Reuters reported.
2021-6-24 17:56 | |
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Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […]
2021-6-19 02:30 | |
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In what appears to be the latest move by a sovereign country to embrace cryptocurrency, Tanzania’s President Samia Sulhulu has asked the country’s Central Bank to start exploring the crypto sector, as per local outlet The Citizen.
2021-6-15 21:00 | |
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The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender.
2021-6-11 00:00 | |
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San Jose Sharks’ move to accept large and recurring payments in cryptocurrencies such as Bitcoin and Dogecoin make it the first NFL team to do so. Jonathan Becher, the president of San Jose Sharks, said that using crypto for smaller purchases that include food and beverage, tickets, and merchandise will all be reviewed in theRead More
2021-6-8 17:00 | |
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San Jose Sharks’ move to accept large and recurring payments in cryptocurrencies such as Bitcoin and Dogecoin make it the first NHL team to do so. Jonathan Becher, the president of San Jose Sharks, said that using crypto for smaller purchases that include food and beverage, tickets, and merchandise will all be reviewed in theRead More
2021-6-9 17:00 | |
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Social media giant, Twitter, has been the topic on online streets over the past few days. This is after the company’s management made a decision to ban US President Donald Trump from its platform. A good number of people have called out Twitter for its decision, while another section of users have supported the move. […]
2021-1-15 21:38 | |
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Silk Road founder Ross Ulbricht, who operated the dark web site from 2011 to 2013 before his arrest, could soon get pardoned by US President Donald Trump if things work out. Silk Road was among the first public businesses to use Bitcoin, a move that helped bolster the asset’s use case.
2020-12-18 09:00 | |
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Belarusbank, the largest commercial bank in Belarus has launched the country’s first legal crypto trading platform. The move is the latest crypto adoption news to come out of a country currently experiencing anti-government protests against President Alexander Lukashenko.
2020-11-16 18:45 | |
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Bitcoin’s price action has calmed after a strong move lower on the news of the CFTC charging BitMEX and President Trump catching the disease spreading across the globe. The cryptocurrency is currently trading in a tight $30 range, indicating that investors are indecisive.
2020-10-4 23:38 | |
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Crypto as a payment means will become illegal in Russia as from 2021, following the signing of a bill into law by President Vladimir Putin. The move serves as a middle ground between the central bank’s clamor to make crypto transactions illegal and the more moderate wishes of crypto proponents in the country.
2020-8-1 21:56 | |
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In a surprising move, Iranian President Hassan Rouhani wants the government to further explore cryptocurrency mining. Rouhani told officials at the Central Bank of Iran that they needed to create a national strategy for cryptocurrency mining.
2020-5-23 09:15 | |
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The Digital Dollar Project today announced the addition of 22 advisors to help steer America’s latest crypto-based dollar initiative. Advisors include President Donald Trump’s former national security aide, Tim Morrison, among others.
2020-3-27 20:37 | |
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President Trump urged the Federal Reserve to cut rates again - a move he believes will push the stock market higher. The post Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure appeared first on CCN.com
2020-3-3 13:18 | |
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What can we make of President Trump’s move to deploy the Secret Service in the fight against financial crimes?
2020-2-19 00:30 | |
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While many like to predict the future price of Bitcoin, accuracy can vary. However, one rule that has become clear in recent years is that betting against Bitcoin is rarely a smart move. Peter Mallouk, a certified financial planner and president of a wealth management firm, is one such person who has come up with […] The post Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It appeared first on BeInCrypto.
2020-2-7 17:02 | |
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Dan Romero, former vice president at leading crypto exchange Coinbase, confirms that the US-headquartered trading platform has been able to move billions of dollars into Bitcoin (BTC) through the US automated clearinghouse (ACH) system, which is a large electronic fund transfer system that handles payments in the country.
2020-1-15 21:33 | |
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Iranian President, Hassan Rouhani, has suggested a unified Muslim crypto asset in talks with the Malaysian Prime Minister and Turkish President during the Kuala Lumpur Summit 2019. Rouhani said that the move would strengthen cooperation amongst Muslim nations and enhance resistance to financial shocks and manipulation by the US.
2019-12-21 16:17 | |
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The People’s Bank of China (PBOC) kicked off a new easing cycle on Monday by lowering interest rates for the first time in four years – a move designed to safeguard against further trade-war turbulence.
2019-11-19 05:23 | |
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Bitcoin is continuing its downward momentum that started on Oct. 26 after hitting $10,500 in a sudden burst of gains, driven by Chinese President Xi Jinping publicly promoting blockchain technology.
2019-11-17 18:58 | |
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VeChain, a Singapore-based blockchain project was directly mentioned in China’s major newspaper, People’s Daily, a move that could fuel the adoption of the platform in China, as the country has now renewed its interest in distributed ledger technology and crypto, following President Xi Jinping’s recent bullish statement on distributed ledger technology (DLT).
2019-11-14 22:00 | |
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The official state-run press agency of the People’s Republic of China, Xinhua News Agency, cited Bitcoin in one of its latest reports as “the first successful application of blockchain technology.
2019-11-12 20:47 | |
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Bitcoin (BTC) is about to see a massive bout of volatility, according to a long-term technical indicator. Sure, the leading cryptocurrency spiked by 42% two weeks back, surging from $7,300 to $10,500 seemingly on the news that China’s President was calling for the formal adoption of blockchain technologies.
2019-11-11 01:30 | |
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Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates.
2019-10-31 10:04 | |
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Authoritarian China has unironically banned criticism of blockchain technology. The move comes after President Xi Jinping publicly called for more blockchain research. The crypto industry remains divided about China’s sudden pivot.
2019-10-31 20:18 | |
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The Bitcoin price has been decreasing since the October 25 rapid upward move. According to the Wyckoff distribution method, the price is in the ‘markdown’ phase and has another downward move on the horizon.
2019-10-31 16:10 | |
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Coinspeaker China’s President Xi Jinping Seeks Blockchain Industry DominationIn a move to dominate the industry, Chinese president Xi Jinping has urged the country to accelerate the adoption of blockchain.
2019-10-25 17:13 | |
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As if to prove Zuckerberg right in his reasons to move ahead with Libra, President of the People’s Republic of China Xi Jinping has promised extra funding for blockchain. He called the technology “an important breakthrough” for independent innovation.
2019-10-25 15:56 | |
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Nadiem Makarim, co-founder and CEO of Indonesia’s first decacorn Gojek, is stepping down from his chief executive role to take up a cabinet post in the newly formed government led by Joko Widodo.
2019-10-21 11:41 | |
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Will the US Federal Reserve jump onto the digital currency bandwagon? According to Philadelphia Federal Reserve bank president Patrick Harker, it’s “inevitable. ” However, he said the United States should not be the first one to make such a move.
2019-10-3 21:37 | |
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Ukraine’s Ministry of Digital Transformation plans to legalize Bitcoin and other cryptocurrencies to bring them out of their current legal ‘grey area. ’ Currently, cryptocurrencies are not banned in the country but have no official status.
2019-9-29 17:35 | |
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Edward Snowden’s new memoir has become the world’s best selling book after the US sued its publisher in a move he said was “good for Bitcoin. ” US Sends Snowden Memoir To The Moon In ongoing Twitter updates, Snowden revealed that Permanent Record, which hit the market on September 17, almost immediately became the most popular title worldwide.
2019-9-19 16:00 | |
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Major stock market indices saw a large spike in aftermarket futures trading with the S&P, Nasdaq, and others indicating a solid opening following a move by U. S. President Donald Trump to delay tariffs.
2019-9-13 11:44 | |
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Move over, John McAfee, there’s a new crypto candidate for President. Andrew Yang may not have a lifelong love affair with guns and drugs, or the same appetite for risky wagers. But he’s rapidly gained attention in the Democratic Primary race, and unlike McAfee, he’s not fleeing the IRS in a boat.
2019-8-16 00:21 | |
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The tension between the government of the U. S. and Venezuela has recently skyrocketed. In a move against the Venezuelan president Nicolas Maduro, the U. S. administration decided to freeze all possible Venezuelan assets.
2019-8-6 20:45 | |
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The US Treasury Department on Monday designated China as a currency manipulator in a historic move that hasn’t been exercised since the Clinton administration. “Secretary Mnuchin, under the auspices of President Trump, has today determined that China is a Currency Manipulator,” the Treasury Department said in a release. “As a result of this determination, Secretary […]
2019-8-6 16:10 | |
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The Federal Reserve cut interest rates to 2. 25% on Wednesday, a move that you might have thought would please President Donald Trump. However, as the Dow Jones sold off 333 points and the U. S. dollar soared, Trump took to Twitter to berate Jerome Powell for not signaling enough easing was coming.
2019-8-1 03:00 | |
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In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake the Trump Dump Facebook stock has remained trapped in a holding pattern since Trump gave Mark […] The post Trump’s Libra Slam May Have Kneecapped Facebook Stock appeared first on CCN Markets
2019-7-28 20:38 | |
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When Donald Trump unleashed a savage bitcoin takedown on Twitter last week, a weird thing happened. Traders shrugged. If anything, the bitcoin price went up a little. Donald Trump, 45th President of the United States tweeted something negative about Bitcoin and the price went up slightly.
2019-7-16 16:52 | |
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There are reports coming from France’s Finance Ministry that confirms that they have the same stance as Trump when it comes to Facebooks Libra. President Trump claimed on Thursday that Facebook should have to register as a bank and submit to banking regulations if it plans to move forward with Libra, which company officials have […]
2019-7-13 20:10 | |
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Popular cryptocurrency proponent and news presenter Max Keiser has responded to President Trump’s anti-Bitcoin outburst yesterday. The long-term Bitcoin bull believes that a United States opposed to Bitcoin is an advertisement to nations wanting to distance themselves economically from the nation to adopt the digital asset.
2019-7-13 00:00 | |
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In the financial world, different markets are correlated more tightly than most people anticipate. It is also evident how one single individual can effectively influence markets to move in certain directions, either knowingly or by accident.
2019-7-4 00:00 | |
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Tesla stock and Apple stock are on the move, thanks to positive developments regarding the tariff war with China. A Slight Thaw in The Trade War During the G20 meeting, President Donald Trump met with Chinese President Xi Jinping.
2019-7-2 01:03 | |
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By CCN: The Dow suffered a vicious plunge on Friday after President Trump exposed his shocking plan to impose punitive tariffs on Mexico, a move that stock market analysts warn would “torpedo” the key NAFTA trade agreement and thrust the economy toward a brutal recession.
2019-5-31 16:39 | |
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By CCN: In a stunning display of moral bankruptcy, known sexual predator sanctuary renewed “Bull” for another season. As if that wasn’t enough, CBS entertainment president Kelly Kahl had the gall to defend the decision this week with the sort of ridiculous statement one thought had been vanquished by the #MeToo revolution.
2019-5-19 16:30 | |
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A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses.
Apsys, a France-based real estate company, has signed a partnership deal with local fintech Lyzi to enable customers to pay for purchases nationwide across all its shopping malls with crypto. Apsys, a company that owns, develops, and manages many real…
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research.
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency.
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said.
How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting.