Bitcoin Markets Muted as Donald Trump Becomes US President
When Donald Trump won the presidential election in November, the price of bitcoin jumped. Following his inauguration today – not so much. On 9th November, prices bounced more than 3% as Trump, the controversial businessman and Republican presidential nominee, secured the votes to clinch the election versus former US secretary of state Hillary Clinton. That move came as stock markets worldwide sharply fell as Trump's victory became apparent. The reaction to Trump's inauguration, by contrast, was far more muted. Data from the CoinDesk Bitcoin Price Index (BPI) shows that today’s prices have....
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“A page in the book of history has turned, and there is an opening to think about some of our problems from a new perspective,” the gay Bitcoin enthusiast, Peter Thiel, who will serve on Donald J. Trump’s presidential transition team, told the New York Times after the election. “I’ll try to help the president in any way I can.” Since Donald J. Trump assumed the role of president-elect in last Tuesday’s U.S. election, much scrutiny has been put on his statements and team as the transition begins between President Obama and Mr. Trump. President-elect Trump appointed a litany of Republican....
Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.”
Trump Is Still No Fan of Bitcoin or Crypto
Donald Trump talked about cryptocurrency in an interview with Fox Business Tuesday. Responding to a question about whether he has dabbled in bitcoin or cryptos, Trump promptly said: “I don’t. I like the currency of the United States.” He elaborated:
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According to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht. White House reporters Asawin Suebsaeng and Adam Rawnsley claim sources detailed that Trump “has expressed sympathy” for Ross Ulbricht and his double life sentences. Ross Ulbricht may get clemency from the sitting U.S. President Donald Trump if the American leader is swayed by the Silk Road founder’s story. Ulbricht is known for creating the darknet market website Silk Road and he was arrested in 2013. After his arrest, in May 2015, Ulbricht was sentenced to a double....
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way.”
Donald Trump Comments on Crypto and China’s Crackdown
Former U.S. President Donald Trump commented on the growing popularity of cryptocurrencies and the Chinese government’s crypto crackdown in an interview with Yahoo Finance’s Adam Shapiro, published....
U.S. Presidential candidate, Donald Trump is certainly not a man afraid of causing a stir in the world’s economies, and that, apparently, also extends to the world of digital currency, namely, Bitcoin. According to a new report conducted by Juniper Research, global concern over the possible election of Donald Trump as the next U.S. President and other economic concerns, have found that the price of Bitcoin could experience a massive increase. Trump presidency ranked within Top 10 global risks. According to the study by Juniper Research, they found that the total value of Bitcoin....