Bitcoin Price Clears $14,000 As Presidential Race Conclusion Nears
Fear, uncertainty, and doubt cause volatity to spike, but that doesn’t always result in downside. Case in point, is Bitcoin spiking even higher, all while the entire world is on the edge of its seat waiting to see who wins the Presidential race. With emotions running as high as possible, the cryptocurrency cleared resistance at […]
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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.....
The US presidential candidate Rick Perry seems to have won the votes of Bitcoin community by declaring his softer stance towards Bitcoin. In an interview with The New York Observer, he declared that he is in favor of relaxing regulations on bitcoin to an extent that it doesn't hamper innovation and allows smooth operation of legitimate digital currency based businesses. READ MORE: US Presidential Candidate Rick Perry Shows Support for Bitcoin. Rand Paul, the Kentucky senator and one of the contender for presidential elections in the United States first made waves in Bitcoin community after....
Promoted: Though Bitcoin is apolitical, it's clear that the price of BTC will be affected by the recent U.S. Presidential Election. The post How Will The U.S. Presidential Election Affect The Bitcoin Price? appeared first on Bitcoin Magazine.
Kentucky Senator and Republican presidential candidate Rand Paul is set to appear at a digital currency-focused event in New York City this weekend. To be held on 19th April at the private venue Union League Club, the event will be hosted by Blockchain Technologies Corp, a startup incubator associated with Bitcoin Center NYC. Paul made headlines earlier this month when he became the first presidential candidate in the 2016 race to begin accepting bitcoin donations. The announcement sparked debate among commentators divided as to whether Paul stands to gain from embracing digital currency....
The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets. In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election following a run-off race.According to data from Tribunal Superior Eleitoral, Lula defeated Bolsonaro in an Oct. 30 run-off election with 50.9% of the vote — roughly 60.3 million people to the soon-to-be former president’s 58.2 million. Though the election....