Bitcoin and stock markets jumped in anticipation of President-elect Joe Biden's plans for a COVID-19 stimulus package amid rising employment claims. Democratic Government Add More Stimulus The S&P 500 index gained 0.3%, trading at par with its all-time high value of $3,826.7. Bitcoin also pushed towards $40,000 yet again, favoring strong demand and Biden's stimulus news acting as a robust catalyst....
The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today, The post President Elect Biden to Propose New...
Bitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986. The flagship cryptocurrency shed more than $11,000, or roughly 29 percent, in just three days of trading to hit a session low just shy of $30,000. Its plunge...
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto.
The 2020 U.S. Presidential Election swept over the nation with chaos and turmoil. The election mess, with alleged voter fraud, ballot tampering and the removal of Republican election observers challenged the notion of a fair and free election. On the Saturday after Election Day, when major news networks and the Associated Press called the...
Security and Exchange Commission (SEC) chairman Jay Clayton has informed that he would be concluding his term early by this year's end as opposed to his official term until June 2021. Clayton was appointed by...
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team.
Bitcoin underwent a considerable downside correction after [almost] hitting $16,000 on Friday last week. The plunge followed a massive upside rally that started amid the US presidential election season. Traders anticipated that a decisive political contest would pave the way for a long-pending second...
The US Presidential election of 2020 is turning out to be quite an event as the counting of votes is still going on, as per the last update Georgia flipped in favor of Joe Biden. The US elections being such a significant event has quite...
FTX exchange founder Sam Bankman-Fried has donated $5.2 million to Joe Biden’s 2020 US presidential campaign....
The US Presidential Election 2020 is on the verge of conclusion as the final votes are being counted in. The early projections suggest former vice- president might have an advantage over the current president...
Nothing better than the pandemic has united the people of the world. As we struggle together with the second wave of Coronavirus coupled with new lockdowns, Bitcoin has managed to soar higher to levels not seen in a couple of years. Another...
Bitcoin is inherently apolitical, in the sense that no third party or government can influence the critical aspects of how the network functions. But politicians can influence Bitcoin tangentially, by introducing regulations that make it harder to access, implementing economic policies that drive more people toward this alternative or through other actions within their power. And decisions by individuals to leverage BTC, to...
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