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Donald Trump

Crypto Bullishness Spreads on Capitol Hill

<header class=”article__header”> </header> <strong>U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, the …

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Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics

</header> <strong>The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light of president Trump’s recent comments about …

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What Trump’s Bitcoin Tweet Changes

Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that this US President would declare himself “not a fan” of “highly volatile” cryptocurrencies “based on thin air” that “facilitate unlawful behavior” or that he much …

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Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week   Trump tweets opposition to crypto, specifically Libra and Bitcoin Shrinking violet Donald Trump doesn’t often share his views, so it was refreshing to see him share an opinion for once on Twitter. The United States president declared that he isn’t a fan of Bitcoin and other cryptocurrencies — telling his 61.9 …

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Bitcoin Cash Merchant Adoption Grows and Exchange Supports BCH in the Weekly Video Update

<header class=”article__header”> </header> <strong>Businesses around the world continue to adopt bitcoin cash as a payment method and an exchange adds support for trading <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>. Watch these and other developments discussed in this week’s video update hosted by Roger Ver on Bitcoin.com’s Youtube channel.</strong> Also Read: Win 2019 Rugby World Cup …

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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

<header class=”article__header”> </header> <strong>Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill, the Keep Big Tech Out of Finance …

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The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’

<header class=”article__header”> </header> <strong>The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with …

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Bitcoin Industry Celebrates ‘Achievement Unlocked’ as Trump Pumps Market

Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12. In the hours after the United States’ president delivered his lackluster appraisal of crypto, the Bitcoin price stayed stable, only to then begin growing to hit 1% gains …

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US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

U.S. President Donald Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States. Trump also criticized Facebook’s Libra cryptocurrency project in subsequent tweets, saying it “will have …

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G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

<header class=”article__header”> </header> <strong>The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies.</strong> Also read: V20 Summit Concludes With Promises for …

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