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‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar
14.2.2020
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
Iran Concerns May Be Driving Trump Administration’s Talk of New Crypto Rules
13.2.2020
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
11.2.2020
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...
Trump’s New Budget Would Have Secret Service Investigate Crypto Crimes
11.2.2020
President Trumps’ new budget for 2021 claims a consolidated Treasury and Secret Service will be more efficient in tackling cryptocurrency-enabled crime
Trump’s 2021 Budget Proposal Seeks to Optimize Crypto Policing
10.2.2020
U.S. President Donald Trump's proposed 2021 budget would shift the U.S. Secret Service from the Department of Homeland Security back to the Treasury Department, creating "new efficiencies" in investigations including crypto
Crypto Derivatives Exchange Adds ‘BERNIE’ Futures Following ‘TRUMP’
9.2.2020
After its TRUMP launch last week, FTX plans to release the 2020 presidential election futures trading on five more candidates, including BERNIE
Cryptocurrency Futures and Prediction Markets Show Trump Wins the US 2020 Election
8.2.2020
In less than 270 days the United States will have its 2020 election and millions of people worldwide will be betting on whether Donald Trump is reelected. Cryptocurrency participants are currently wagering their digital assets on the election outcome, where the odds on prediction markets...
Crypto Users Can Bet on the 2020 Election with a Futures Trading Product Called TRUMP
7.2.2020
Crypto traders can now trade a TRUMP crypto derivative product on the FTX exchange, betting on the outcome of the 2020 elections
New ‘TRUMP’ Token Giving 62% Odds of US President’s Reelection
7.2.2020
Crypto traders outside the U.S. now have a way to weigh in on President Trump thanks to a new digital token, the TRUMP
Binance Co-owned FTX Adds TRUMP-2020 Futures Market
7.2.2020
Some members in the crypto community take their interest in politics further than others and seem willing to bet money on the outcome of elections, a new product from crypto derivatives exchange FTX suggests.
While keeping up with what happens with the most traded digital assets is enough for most...
You Can Now Use Cryptocurrency to Trade ‘TRUMP-2020’ Futures
7.2.2020
A new futures contract for traders to bet on President Donal Trump’s reelection in 2020 is now trading on crypto derivatives exchange FTX
SOTU Speech: Donald Trump Predicts Bullish Trend for US Economy
5.2.2020
President Trump’s State of the Union address was more of an emotional appeal than a pragmatic address to the nation. As the Senate is likely to vote on his impeachment soon, his address hinted at his confidence in staying in the office. The address triggered varied reactions in the house, but...
Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal
24.1.2020
U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming...
Is Bitcoin a Safe Haven for Your Money?
22.1.2020
Expert economist and award-winning professor analyzes the “Bitcoin as a safe haven” narrative in light of the U.S.-Iran conflict
Ripple Spent Less Lobbying but Had More Lobbyists Working With Trump's Staff
17.1.2020
Donald Trump, the President of the U.S. Source: a screenshot, Instagram, realdonaldtrump
Compared to 2018, California-based blockchain startup focusing on payment technologies, Ripple, had more lobbyist but spent less on lobbying in the first three quarters of 2019, according to OpenSecrets.org...
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...
Bitcoin Price Retreats to $8K as Trump Defuses Potential War With Iran
8.1.2020
#Bitcoin safe haven narrative persists with price dropping after Trump suggests no military action will be taken against Iran
Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump
7.1.2020
Former Bakkt CEO Kelly Loeffler has been sworn into the U.S. Senate to become the newest Georgia’s Senator and cast her first vote to support Trump