Trump’s Recipe to Avoid US Default Doesn’t Mention Bitcoin
Presidential candidate Donald Trump claimed that the US is incapable of defaulting on its debt because of the Federal Reserve’s ability to “print money.” The Republican Party’s presumptive presidential nominee attempted to clarify previous statements that he could persuade America’s creditors to accept less than full payment for the national debt, which was construed by some publications to mean he intended to default. Trump insisted that he meant that the US could simply buy back debt at a discounted rate. “You know, I’m the king of debt. I understand debt probably better than anybody. I....
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Bitcoin holds its ground as Trump’s tariffs put investors on the back foot and projects like $ETH, $DOGE, and BTC Bull Token, that are directly connected to $BTC’s success, may capitalize on it. Despite the White House’s positive outlook on the crypto market, which culminated with Trump’s Bitcoin Reserve earlier this month, the February 1st, […]
Recent reports revealed that another member of the US House of Representatives will introduce a new bill on March 14 to codify US President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). This move follows recent efforts by several US lawmakers to formalize and protect Trump’s crypto plan. Related Reading: Trump Family Allegedly […]
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps. El Salvador Has Highest Default Risk After seeing inflation surge to over 29% in June, Ghana, West Africa’s second-largest economy, is now ranked as one of the countries most likely to default this year, Visual Capitalist’s latest sovereign debt....
Drones, you may or may not own one, but you’ve probably heard about them in the news. As you may have suspected, the use of drones is on the rise. Today, drones are more accessible to the masses than ever before due to their availability online and inexpensive cost. Thanks to online retailers like Amazon, it doesn’t cost much to buy a drone, less than $50. Drones, or Unmanned Aircraft Systems (UAS), can be used for a multitude of things ranging from practical, entertaining, or just plain scary. With a camera or recording device attached, drones have even greater potential. A drone in the....
The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. Donald Trump is definitely one of the most controversial and polarizing figures of our times. So much so, that his win in the elections had led to an air of uncertainty in the world economy causing it to stumble as a result. The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. January 20th 2017, marked the day of Donald J. Trump’s inauguration as the 45th president of the United States of....