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Donald Trump

US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin

Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes.  E-cigarettes: Washington “clears market” The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market within a month.  Manufacturers …

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Trump’s Trade War May Be Driving Chinese Investors to Bitcoin

As the Chinese yuan falls in value due to factors like the ongoing trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin. According to a Bloomberg analysis of prices over 30 days, the negative correlation between the yuan and bitcoin has fallen to a record low in the …

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President Trump tweets picture of sensitive satellite photo of Iranian launch site

Enlarge / I guess it’s not classified anymore. National Reconnaissance Office? President Donald Trump posted a photo today via Twitter of Iran’s Imam Khomeini Space Center in northern Iran, showing the damage done to the facility by the explosion of what appears to have been a Safir rocket during launch. The rocket was apparently being …

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Market Update: Economists Envision Global Recession While Crypto Prices Soldier On

<header class=”article__header”> </header> <strong>Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards …

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Trump tries to overturn ruling stopping him from blocking Twitter users

Sponsored Links MANDEL NGAN/AFP/Getty Images President Trump is determined to challenge an appeals court ruling preventing him from blocking critics on Twitter. The Justice Department has filed papers for Trump that demanded a rehearing by the Second US Circuit Court of Appeals in New York, arguing that the three-judge panel’s unanimous decision was “fundamentally misconceived.” …

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

<header class=”article__header”> </header> <strong>On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of …

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Ex-Trump Advisor Steve Bannon: ‘Global Populist Revolt’ Helps Crypto

Steve Bannon, former Trump staffer and head of conservative news site Breitbart, said cryptocurrencies “have a big future” due to the current geopolitical atmosphere. “[I] think they could be a very important part going forward particularly in this global populist revolt,” Bannon said. Echoing Trump, Bannon said the Federal Reserve’s monetary policy has been too tight …

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Trump announces more tariffs on goods made in China

Sponsored Links Michael Macdonald / EyeEm via Getty Images The US plans to add more tariffs to Chinese imports starting September 1st. President Donald Trump made the announcement on Twitter, stating the nation would impose a 10 percent tariff on $300 billion worth of Chinese goods, in addition to an existing 25 percent tariff on …

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Trump threatens retaliation against France over digital service tax

Enlarge / US President Donald Trump speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, on Saturday, March 2, 2019. Getty Images | Bloomberg US President Donald Trump is threatening to retaliate after French President Emmanuel Macron signed legislation imposing a 3% tax on digital transactions. “France just put a digital tax …

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The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn

</header> <strong>“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested …

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