Yuan Falls, Bitcoin Jumps, Trump Says 'Major Violation' By China, Pressures Fed
August 5, 2019
Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario for
stocks might be…
Mistake To Write Off Apple After Credit Card Crypto Ban
August 5, 2019
Apple will not allow users of its soon-to-be-released credit card to buy cryptocurrencies or “cash advances or cash equivalents”, according to reports. That fits with what we know about Apple, but
that hasn’t stopped headlines…
How China And The Fed Are Boosting Bitcoin And Sinking Trump
August 2, 2019
US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and the more…
Trump Bitcoin Takedown To Provide Unintended Price Support For Crypto
July 12, 2019
Is there a Trump rally incoming for bitcoin? That’s what’s on the minds of many after US president Donald Trump tweeted on Thursday that he was “not a fan of bitcoin and other cryptocurrencies”. Although Trump is loved by…
Boost For Bitcoin Incoming As Fidelity Explores Blockchain And Trading Desk Nears
July 8, 2019
Fidelity International, a subsidiary of Fidelity Investments, is edging closer to entering the crypto space in what could be a major boost for bitcoin. Fidelity Investments has already set up a custody operation called
Fidelity…
Bitcoin (BTC) At $20,000 By Year End Then Opens Up $40,000 Says Novogratz
July 3, 2019
Mike Novogratz, founder and chief executive of Galaxy
Digital, the crypto-focused merchant bank, says bitcoin will be trading at
$20,000 before the year is out. In a telephone interview with Bloomberg
he also rode back somewhat on…
German State-Backed Crypto To Set Ball Rolling On E-Euro As Facebook Libra Fears Mount
July 1, 2019
Germany’s Christian Democratic Union (CDU) and sister party the Bavaria-based Christian Social Union (CSU) have released a joint report calling for the setting up of a German euro-backed stablecoin cryptocurrency. The two parties…
Why The "Inaccessible" Kleiman v Wright Bitcoin (BTC) Hoard May Be Bullish For The Market
June 30, 2019
So is this net bullish for bitcoin (BTC) – Dr Craig S Wright says he can’t access the 1.1 million bitcoin ($12 billion at today’s prices) he is being sued for (actually half that amount) by the estate of his former…
