Crypto traders in the lurch as U.S. President Biden opposes debt ceiling

2023-5-22 10:30

U. S. President Joe Biden has expressed his opposition to a debt ceiling agreement. Some people have chastised the President for lumping crypto traders and tax cheats together. United States The post Crypto traders in the lurch as U. origin »

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Bitcoin Price Dynamics: Analyzing The Effect of Trump’s Political Agenda On Crypto Markets

Amid the surge in polls in favor of former President and Republican candidate Donald Trump over Vice President Kamala Harris, expectations for a further recovery of the Bitcoin price soared, but the rally seen in late September and the first weeks of October has faded, with experts attributing it to tightening financial conditions that could affect the broader crypto market.

2024-10-25 08:30


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Iran: President Rouhani Seeks Renewed National Crypto Strategy

According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More.

2020-5-23 13:07


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Bitcoin Futures Exchange Bakkt Ramps Up Crypto Custody Insurance Coverage

Bakkt — the Intercontinental Exchange (ICE)-owned Bitcoin futures platform — has inked a partnership deal with Marsh to provide $500 million in crypto custody insurance coverage. Writing in the company’s blog on Monday, Bakkt President Adam White announced the collaboration with insurance broker Marsh to provide $500 million in coverage to crypto custody clients.

2020-5-20 00:15


Here’s Why Investors Are Still Much More Bullish on Bitcoin Than Any Other Asset

The last week’s crypto carnage has left many people shattered and fearful. Although not the worst crash in bitcoin’s 11-year history, it was among the top three worst days of bitcoin. The price of the leading cryptocurrency took a fall from about $8,000 to $3,850 following the WHO announcing coronavirus (Covid-19) a pandemic and President […]

2020-3-16 04:15


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Tether Treasury Prints 63 Million USDT As Bitcoin Crashes Below $6,000; Relief In Sight?

The crypto markets have continued sliding on the second day, with bitcoin (BTC) dropping below $6,000 amid a global market downturn caused by the gruesome coronavirus. The sell-off in the stock markets intensified after President Trump announced a 30-day suspension of travels from Europe to the United States starting from this Friday at midnight. Bitcoin, […]

2020-3-13 16:40


Billionaire Michael Bloomberg Ends 2020 Presidential Race, Who Is Left To Advocate For Crypto?

Michael Bloomberg, the billionaire and Presidential candidate who advocated clearer regulations for crypto, has exited the November 2020 Presidential election race. As reported by Wall Street Journal (WSJ), Bloomberg is going to endorse former US Vice President Joe Biden, even if he spent over $620 million in 3 months for his campaign. Bloomberg had plans […]

2020-3-5 22:40


Watch out unlicensed crypto businesses, the Department of Homeland Security is coming for you

The crypto industry was given a warning in July of last year when U. S. President Donald Trump professed his disdain for Bitcoin and cryptocurrency in a tweet thread, which was closely followed by comments from Treasury Secretary Steven Mnuchin, who declared the lack of regulations surrounding crypto a matter of “national security.

2020-2-27 16:30


The U.S. government’s approach to crypto regulations hinges entirely on the 2020 election

The United States government underneath President Trump has taken an aggressive approach to the crypto markets, with the President himself claiming that he is “not a fan of” Bitcoin, while the Treasury secretary claimed that the lack of regulations surrounding the nascent technology constitutes a “national security” issue.

2020-2-19 04:47


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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster. ” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage.

2020-2-13 19:45


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Crypto Market is a “Giant Garbage Dumpster”: Minneapolis Fed President

The crypto bashing encyclopedia now has a new soundbite addition, this time from Minneapolis Federal Reserve President Neel Kashkari calling cryptos a “giant garbage dumpster. ” I Won’t Gift My 1-Year-Old Daughter Bitcoin Speaking at the Montana Eco 2020 event in Montana on Tuesday (February 11, 2020), Kashkari argued against the entire utility proposition of cryptos.

2020-2-13 19:00


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Trump Views Crypto a Threat, Proposes Countermeasures in New Budget

The White House released the Budget of the U. S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency.

2020-2-12 18:35