Bitcoin Hits $14.2K after Biden Clinches Swing-State Votes
Bitcoin surged Wednesday towards its best level in the last three years, led by the prospects of Joe Biden winning the ongoing US presidential election. The Democratic contender won the critical swing state of Wisconsin in the afternoon hours of the US trading session. His lead became critically important after Donald Trump logged a narrow […]
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At the time of writing, the U.S. 2020 election still hangs on a knife-edge, with either candidate still in the running to win. According to the BBC, Biden is ahead, but counting in Georgia, North Carolina, Pennsylvania, Arizona, Nevada, and Alaska has yet to close. “Mr Biden has 243 Electoral College votes, giving him the […]
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher.
Terra (LUNA)
Following a bear run that lasted almost seven days, terra (LUNA) rallied on Wednesday to reclaim its position as the world’s sixth-largest cryptocurrency.
As of writing this, LUNA/USD is up by over 25% on the day, breaking past its resistance of $86.24 in the....
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60 Minutes” interview that aired on Sunday night. Amid Biden’s claims, ahead of the next Federal Reserve meeting on Wednesday, the U.S. Dollar Index (DXY) crept up to the 110.776 region. Meanwhile, a recent report published by CCP-backed Global Times is pressing for de-dollarization as the U.S.....
A bill aimed at getting the state of Utah to accept bitcoin for states services passes its first reading in the Senate. The bill has now passed its first Senate reading having already passed through the House of Representatives with a slim majority of 38 Yes votes against 36 No's. Utah state representative Marc K. Roberts introduced the proposal, Bill H.C.R 6, to the Clerk of the House of Representatives on February 10. “THEREFORE, BE IT RESOLVED that the Legislature of the state of Utah, and the Governor concurring therein, recognizes the potential benefits that could come from the....
It appears the UK has voted in a referendum to leave the European Union, causing both celebrations and a crash in the pound’s value to its lowest point in 31 years. UK Votes to ‘Leave’. With results still coming in, at press time (5:30AM UK time) there were 15,580,755 votes in favor of Leave to 14,534,113 votes for Remain, a lead that large media organizations like the BBC conceded was insurmountable. Foreign exchange markets took retribution on the GBP as soon as the result began to swing in the Leave camp, causing it to fall 9% to $1.35, a number it has not touched since 1985. The EU’s....