Trump Attacks Fed, Wall Street Shudders, But Bitcoin Draws Strength
US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday. The clash between the country’s highest political and monetary leaders shook traditional markets to their core but left crypto surprisingly unscathed. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Stock Markets Plummet After Presidential Remarks American stock indices closed forcefully lower on April 21, with broad....
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US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve. Cryptos Are Imperative Trump believed that […]
Is this attack on Tether part of The Wall Street Journal’s general campaign against bitcoin and crypto? Or did the newspaper feel the impulse to get in on the Tether FUD action a few months too late? Did Tether competitors pay for this article or is it an organic piece of journalism? The WSJ article […]
Changpeng Zhao (CZ), the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has publicly refuted claims regarding potential investment discussions involving the Trump family and Binance’s American operations. This denial follows a report by the Wall Street Journal, which suggested that representatives of the Trump family have been in negotiations to acquire […]
Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....
Wall Street Chads is the first NFT project to create a decentralized community-run investment platform. Inspired by WallStreetBets, the infamous subreddit community which is credited for the meme-investing craze and coordinating one of the largest short squeezes in history, Wall Street Chads leverages the power of the blockchain to bring the same community-driven investment strategies […]