Tag: Donald Trump

Donald Trump Is Wrong About Bitcoin and Cryptocurrencies

Blow up a balloon, hold it tight in your fingertips and then let it go. See how it farts its way around the room in all directions? This is Donald Trump’s brain and today his brain decided it would be a good idea to write about Bitcoin.  In the words of the great Samuel L Jackson.. Well allow me to retort.. Donald Trump is wrong about Bitcoin and cryptocurrencies not …
[Read More]

4 Shocking Financial Market Changes Sparked by a Donald Trump Tweet

In the financial world, different markets are correlated more tightly than most people anticipate. It is also evident how one single individual can effectively influence markets to move in certain directions, either knowingly or by accident. When President Trump Tweets weird stuff, the markets do indeed respond in mysterious ways.  Gold Inches Ahead Back in September of 2012,  Donald Trump claimed how the Obama and Bernanke team was effectively destroying …
[Read More]

Bitcoin Price Watch: Currency Hasn’t Moved, but is Another Bull Run on the Way?

Bitcoin’s price remains virtually unchanged from yesterday’s $8,900 mark. While $9,000 hasn’t been reached just yet, sentiment remains that the currency could strike this territory in the coming days. What’s interesting is that despite certain regulatory maneuvers inching forward, bitcoin and cryptocurrencies remain popular enough to fight ongoing resistance levels. In the past, when bitcoin was younger, the slightest move against its decentralized nature was known to make its price …
[Read More]

Bitcoin Price Watch: Currency Drops to Lowest Mark in a Week

After maintaining a relatively healthy position for most of last week, bitcoin has fallen to a low mark of $7,900. This is a near $1,000 drop (seven percent) from where it stood just 48 hours ago. The primary sentiment is that Twitter is responsible. The social media giant recently shocked the world by announcing that it would ultimately start banning cryptocurrency and ICO-related advertisements as early as tomorrow, March 27. …
[Read More]