Tag: Trump

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega […]

Bitcoin Gains as Trump Threatens $300B Tariffs on Chinese Goods

Bitcoin Gains as Trump Threatens 0B Tariffs on Chinese Goods The bitcoin price soared higher on Friday after US President Donald Trump announced another $ 300 billion tariffs on Chinese goods. The world’s largest cryptocurrency touched the $ 10,527-high ahead of the European market open, posting up to 2.47 percent […]

A Heartbroken Mother Hopes President Trump Will Exonerate Ross Ulbricht

A Heartbroken Mother Hopes President Trump Will Exonerate Ross Ulbricht Lyn Ulbricht, the mother of convicted Silk Road administrator Ross Ulbricht, has expressed hope that U.S. president Donald Trump will pardon her son. Ulbricht’s family believes that Ross didn’t receive a fair trial and his sentencing was extremely harsh for […]

The Daily: Trump Chooses Bitcoin Advocate as Chief of Staff, Congressman Proposes Wall Coins

The Daily: Trump Chooses Bitcoin Advocate as Chief of Staff, Congressman Proposes Wall Coins In today’s edition of The Daily, we feature a couple of stories from the U.S. political scene. President Donald Trump has chosen a known Bitcoin advocate as the Acting White House Chief of Staff. And a […]

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech […]

Trump vs Erdoğan: Bitcoin Is the Answer to Turkey’s Financial Chaos

Trump vs Erdoğan: Bitcoin Is the Answer to Turkey’s Financial Chaos Latest reporting out of Washington appear to signal no deal struck between the Trump administration and the government of Turkey under President Recep Tayyip Erdoğan, potentially deepening an already fragile financial situation. Turkey’s lira has crashed double digits in […]