This Donald Trump Tweet Might Not Be a Good Sign for Bitcoin
President-elect Donald J. Trump’s Sunday Twitter tirade, which called out SNL and the cast of Hamilton, created lots of online blog assignments on that Day of the Lord. One, in particular, might be of concern to Bitcoiners. Mr. Trump is referring to Senator Charles Schumer, who has long been an advocate for law enforcement actions against darknet marketplaces; most famously, perhaps, calling on the closure of Silk Road and inextricably linking it to Bitcoin. After authorities apprehended Ross Ulbricht, ultimately trying him and sentencing him to life in prison, the Senator had to call on....
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As the Trump era dawns on the world, there are mixed feelings. On the one hand, there is the promise of a new age of politics brought on stage by a man that won the elections as an outsider. On the other hand, the anxieties stemming from the sheer unpredictability of the man. Yet there is one widely imagined benefit that Trump may have - He is good for Bitcoin. Make Bitcoin Great Again. Bobby Lee, CEO of BTCC is certainly upbeat about Donald Trump assuming the presidency. In a tweet, he says “Together, we can make #bitcoin great again”. Lee has been positive on Bitcoin prices for 2017 and....
According to reports, the Trump Organization—the holding company of former US President Donald Trump’s business ventures—would be moving on to present a new cryptocurrency initiative. In an interview, Eric Trump, the son of the ex-president and executive vice president of the organization, revealed that the new venture would deal with “digital real estate” and one […]
At the 2016 Republican Convention, Donald Trump proclaimed that he was going to disentangle the U.S. from bad trade agreements. He confirmed his anti-globalism position when he said, “Americanism, not globalism will be our credo.” Furthermore, in an interview, he said that he might pull the U.S. back from its NATO commitments. Thus, some theorize, the....
Bitcoin price just tanked just as US President Donald Trump crushed hopes of the stimulus round two. In just 20 minutes from the time the President tweeted, the price of the leading cryptocurrency plunged $200. Here’s what’s at risk if Bitcoin drops lower. BTCUSD $200 Drop in 20 Minutes | Source: TradingView Trump Tweet Tanks […]
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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