Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments

2020-5-31 00:22

Stocks across Asia and Europe took a dip Friday and so did bitcoin in anticipation of Trump’s comments on “deeply troubling situations” in Hong Kong.

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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


Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks

By CCN Markets: The Dow Jones surged higher on Friday, bouncing over 1% in another effort by stock market bulls to buy the recent dip. Donald Trump managed to get the Dow moving again with some typical comments about progress with China, but a weak Consumer Sentiment reading suggests that cracks are starting to show […] The post Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks appeared first on CCN Markets

2019-8-16 19:10


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2019-7-24 01:00


Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

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2019-7-17 23:27


Dow Futures Plunge 200 Points while Fed Chair Powell Claps Back at Trump

The Dow stands poised to suffer a sixth-consecutive loss ahead of Monday’s opening bell, with the US stock market bellwether enduring a triple-digit beating in the futures markets. All fingers are pointing to Boeing as the source of the index’s woes, but Federal Reserve Chair Jerome Powell’s comments about President Donald Trump in a 60 Minutes interview could have far more impact over the long-term.

2019-3-11 15:55