Bitcoin Bounces, Futures Flounder as Trump Nears Presidential Upset
Bitcoin prices have steadily risen since the counting of votes in the US presidential race began, climbing more than 3 percent as Republican Donald Trump appears close to pulling off an electoral upset. The price of bitcoin is hovering around $737 after rising from a low of $709 when polls in the Eastern US began to close, according to the CoinDesk USD Bitcoin Price Index. CNY markets are up 2.4%, reaching ¥4,959.11 at press time. Polls prior to the vote on Tuesday pointed to a likely win for Democrat Hillary Clinton. But with the results rolling in, Trump's chances for success have grown.....
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President-elect Donald Trump's victory has shaken the US political landscape, but what does that mean for blockchain policy? By all accounts, Trump scored a stunning upset in yesterday's US presidential vote, following a chaotic and controversial campaign. And though Trump and his campaign didn't weigh in on FinTech during the election, the future president will be the one to ultimately sign any legislation that would capture bitcoin and blockchain technology. Still, Trump offered peeks into his regulatory agenda over the course of the race. For example, he has expressed support for....
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