Politics

Trump or Biden – Which One Is ‘Wielding a Really Big Stick’? Noble Prize Winner Paul Krugman Thinks He Has the Answer

In a recent opinion piece for The New York Times piece, economist Paul Krugman explores the complex narrative of U.S.-China relations, critiquing the portrayal of Democrats, especially President Joe Biden, as lenient towards China. Krugman is a highly influential American economist renowned for his significant contributions to the field of international trade and economic geography. […]

XRP Advocate and Prominent Lawyer John Deaton Running Against Anti-Crypto US Senator in Massachusetts

On February 20, prominent American lawyer John Deaton announced his candidacy for the United States Senate seat in Massachusetts. His campaign video, titled “No Fear, Never Give Up,” offers a deeply personal look into Deaton’s life, motivations, and the principles guiding his political aspirations. Elizabeth Warren is a prominent American politician who has served as […]

Paul Krugman on Donald Trump’s Latest NATO Comments and What They Say About ‘His Grasp on Reality’

In a thought-provoking opinion piece, Paul Krugman examines Donald Trump’s contentious statements on NATO, shedding light on a deeper issue regarding Trump’s perception of reality and its implications for leadership. Krugman points out Trump’s alarming suggestion that he would not defend NATO allies he views as “delinquent” in their financial obligations, even hinting at a […]

Paul Krugman’s Warning: Trump and Republican Party’s Tactics Threaten U.S. Democracy

Paul Krugman’s recent opinion piece in The New York Times serves as a profound reflection on the political dynamics surrounding the CARES Act and its implications for American democracy. Krugman contrasts the bipartisan support for the pandemic relief bill with current political maneuvers, particularly by the GOP, which he views as acts of sabotage against […]

Renowned Economist Paul Krugman: ‘Immigration Is One of America’s Great Sources of Power and Prosperity’

In a recent opinion piece for The New York Times, economist Paul Krugman delves into the complex issue of immigration in the United States, challenging widespread misconceptions and highlighting the indispensable role of immigrants in the nation’s economic fabric. Krugman is an American economist and public intellectual, widely known for his work in international economics, […]

Taylor Swift Caught in Political Crossfire: Trump’s Loyalty Demand vs. Biden’s Silent Appeal

In a recent development that has ignited discussions across political and entertainment circles, former President Donald J. Trump has stirred controversy by suggesting that American pop superstar Taylor Swift would be “disloyal” if she were to endorse President Joe Biden for re-election. Trump’s Appeal to Loyalty Trump’s comments, shared on his social media platform, Truth […]

U.S. Stock Market’s Stunning Performance Makes It Hard for Trump to Say “It’s the Economy, Stupid”

In a recent Politico article by Adam Cancryn and Meridith McGraw, the narrative surrounding the U.S. economy’s performance under President Joe Biden is compellingly unpacked. The piece highlights how the unexpected economic upturn is reshaping the political landscape, particularly for former President Donald Trump and his campaign’s strategy for the 2024 presidential election. According to […]

Renowned Economist Paul Krugman Says Joe Biden Should Be ‘Boasting’ About Recent ‘Extremely Good’ News About U.S. Economy

In a thought-provoking social media thread on platform X (formerly known as Twitter) on 10 February 2024, Paul Krugman dissected the current economic climate, suggesting that President Biden should openly celebrate recent economic successes. Krugman’s commentary sheds light on the complex interplay between economic data, public perception, and political partisanship. Krugman, an eminent economist and […]

U.S. Stock Market in ‘Nirvana’: Trump Leading in Polls and Janet Yellen ‘Pumping Away As Hard As She Can’

On February 9, the day that the S&P 500 closed above 5,000 for the first time, in an enlightening interview with Bloomberg TV, Scott Bessent, CEO & CIO of Key Square Capital, shared his expert analysis on the current state of the US stock market, attributing the recent rally to anticipations of a Trump victory […]

Trump Attributes Rising U.S. Stock Market to His Polling Success Against Biden: ‘THIS IS THE TRUMP STOCK MARKET’

In a striking declaration on his “Truth Social” platform, former President Donald Trump has attributed the recent upswing in the stock market to the positive polling numbers he holds against President Joe Biden. Trump’s assertion suggests that investor confidence is buoyed by the prospect of his victory in the upcoming election, a claim made without […]

‘When Did We Become the Sugar Daddy of the World’, Asks U.S. Senator Rand Paul

U.S. Senator Rand Paul, in his recent interview on Fox Business, provided a critical overview of the United States’ role in global financial aid and its policies on border security and foreign aid. Rand Paul is an American politician and physician serving as the junior United States Senator from Kentucky since 2011. He is a […]

Trump VP Hopeful Vivek Ramaswamy: A CBDC (Digital Dollar) ‘Is a Threat to Liberty’

During an interview on January 23, Vivek Ramaswamy, a former Republican presidential candidate, articulated his concerns regarding the potential future launch of a Central Bank Digital Currency (the “digital dollar”), labeling it a significant threat to individual liberty. This conversation was with Bloomberg TV in Manchester, New Hampshire. Here are the key takeaways from this […]

Trump Drops a Bombshell: The Idea of Not Allowing the Fed To Issue a Digital Dollar Came From Vivek Ramaswamy

Former U.S. President Donald Trump has attributed his firm opposition to Central Bank Digital Currencies (CBDCs) in the U.S. to the economic vision of Vivek Ramaswamy. This revelation came during Trump’s campaign stop in Laconia, New Hampshire, where he reiterated his stance against the federal government issuing a digital dollar. Yesterday, during his speech at […]

Messari CEO Compares Trump to National Chemotherapy: A Disruptive Force in U.S. Politics

Ryan Selkis, Co-Founder and CEO of Messari, published a thought-provoking thread on the social media platform X on January 20, offering his perspective on former President Donald Trump’s political approach and leadership style. Selkis’s commentary, marked by frankness and critical analysis, explores various aspects of Trump’s persona and policy stances. Here are the key takeaways […]

Kruger: Bitcoin ‘Moons’ if Democrats Sweep Upcoming U.S. Elections

Popular crypto economist Alex Kruger predicts a “clean sweep” for Democratcs in the upcoming U.S. elections will benefit bitcoin.

Venezuela Blocks $18 Million Crypto Disbursement to Healthcare Workers

Venezuela has blocked efforts by the Jaun Guaido-led opposition party from distributing $18 million in funds to healthcare workers via the crypto exchange AirTM.

Crypto Exchange Bitstamp Reportedly Leaving London Amidst Brexit Concerns

Cryptocurrency exchange Bitstamp is reportedly leaving the United Kingdom after eight years over taxation and regulatory concerns tied to Brexit.

Venezuela Suspends Free Fuel Amid Shortages, Petro (PTR) an Option for Payment

Free unlimited fuel is over in Venezuela, and one of the approved payment options for the new market is the Petro cryptocurrency.

New Law Demands ‘Backdoor’ Against Encryption: Andreas Antonopoulos

A new law currently making its way through the US legislative system could have dramatic impacts on the legality of encryption. Originally and ostensibly designed to combat child pornography, the law could effectively render encryption illegal.

Ron Paul Blasts Federal Reserve and Calls for Rebuilding the Economy; Time for Bitcoin?

Former US Representative and Presidential candidate Ron Paul took to Twitter to blast the Federal Reserve’s money-printing tactics in response to the coronavirus and called for a total rebuild of the economy. 

Bitcoin’s Price Has More Pain to Come Before Next Mega-Wave up, Says Silk Road Founder

The incarcerated founder of Silk Road, Ross Ulbricht, has taken to charting Bitcoin and forecasts more losses for the leading crypto. But after that, he sees no limit to where it could go.

European Leaders Approve Emergency Funding, But No Coronabond Aid Yet

A new credit line worth several hundred billion euros (potential) has been approved last night, along with new pledges for a more relaxed attitude toward fiscal injections in the EU; this prompts concerns of eventual inflation.

Venezuelan Petro Price Swings Wildly Off Peg, as Oil Price Plummets

PTR’s official, government-defined price is wildly out of sync with fluid global markets. The token, supposedly pegged to one barrel of crude oil, still being valued out-of-market at more than double the market price.

Bahamas Digital Sand Dollar Expanding to All Islands in Q2 2020

The governor of the central bank of the Bahamas has confirmed that the country’s digital currency test pilot will be expanded to all of the islands in Q2 2020. 

TRUMP-2020 Futures Trading live on FTX Derivatives Platform

Crypto derivatives exchange FTX is offering clients the opportunity to trade futures on President Trump’s 2020 reelection via the TRUMP-2020 contract. 

New Ukrainian Amendment Makes ‘Virtual Assets’ Compliant With FATF Guidelines

A new amendment passed by the Ukranian legislature seeks to make crypto and virtual assets compliant with the sweeping FATF “travel rule” guidelines. 

Indian Godman Fugitive Wants to Start island Nation Using Crypto

An Indian “Godman” fugitive has announced the creation of a new sovereign nation off the coast of Ecuador that will operate its economy based upon cryptocurrency.

Vitalik Buterin Supports Freeing Ethereum Dev Arrested for Visit to N. Korea

Ethereum co-founder Vitalik Buterin took to Twitter to argue his support for Virgil Griffith after the latter was arrested for attending a conference in North Korea. 

ECB Should Use DLT for Euro Payments, Says Deputy Governor of French Central Bank

The First Deputy Governor of Banque de France has recommended using distributed ledger technology (DLT) for settlements within the Eurozone.

China is Using Blockchain Technology to Record Community Party Members Loyalty

The People’s Republic of China Communist Party has released a new blockchain-based application that encourages users to pledge their loyalty to the Party while tracking their input. 

Chinese Official Slams Libra, Says Central Bank will Issue Digital Currency First

Chinese Official Huang Qifan told audience members at the Bund Financial Summit that Facebook’s libra was likely to fail, and that China’s central bank would be the first to issue a digital currency.

Bahamas Central Bank Launching Project Sand Dollar in Abaco

The central bank of the Bahamas has announced the launch of its digital currency pilot program Project Sand Dollar will take place in Abaco before the end of the year. 

Former Federal Reserve Nominee Announces Launch of New Stablecoin

Former Federal Reserve nominee Stephen Moore has announced his intention to launch a stablecoin backed by a fractional reserve. Moore says that existing financial systems will be forced to compete with the rise of private currencies such as Frax. 

US Fed Looking Into Issuing a Digital Dollar, Top Official Says

The US central bank is considering the issuance of a digital currency, according to one of its top officials, as concerns grow over the potential impact of rival national cryptocurrencies or corporate alternatives such as Facebook’s Libra.

Former CFTC Chief Says U.S. Should Create an Independent Digital Dollar

A former head of one the top US market regulatory bodies believes the government must create a digital dollar to help spread monetary risk away from central banks.

Senators Advise Payments Companies to Reconsider Libra Membership

US lawmakers are piling the pressure on Libra Association members to think again about their affiliation with Facebook in its project to launch a corporate cryptocurrency next year.

Fed Requested by Congress to Consider Developing a Digital Dollar

US Federal Reserve chairman Jay Powell has been asked by two Congressmen to consider developing a national digital currency.

ING Economist Predicts Central Bank Digital Currency in Next Few Years.

The chief economist and head of global research for Dutch bank ING has expressed his belief that central bank digital currencies (CBDC) are advancing quickly from the horizon. Mark Cliffe, who leads a worldwide team of economists and strategists for the company, voiced his thoughts on the matter in a video, where he said “central banks […]

Venezuelan Central Bank Accused of Laundering Bitcoin Obtained with Seized Mining Rigs

Venezuela’s central bank is being accused of laundering bitcoin and ethereum obtained by the illegal seizure of mining rigs. 

People’s Bank of China Head Says There’s ‘No Timetable’ for Digital Currency Launch

The Governor of the People’s Bank of China, Yi Gang, has moved to dampen down expectations regarding the country’s launch of a digital currency. In a press conference yesterday, he refuted recent rumors of an imminent launch for the 'Libra-style' cryptocurrency, and even questioned whether the plan would rely on blockchain technology at all.  Yi’s time in front of […]

TRONs Justin Sun Giving Away $1.2 Million for UBI, 50,000 TRX to Telegram Group

Tron founder Justin Sun has been inspired by Andrew Yang’s universal basic income movement, and has pledged to give $1.2 million to 100 people in 2020. Sun called upon the US presidential candidate to assist in his selection process. 

China Loads Up on Tons of Gold, but Why Not Bitcoin?

China has loaded up its reserves with almost 100 tonnes of gold since it started buying back in December 2018. It’s no coincidence this accumulation of bullion arrives at a time where the economic uncertainties are rife; for China, many of these uncertainties are centered around their own economy.

Incoming ECB Head Lagarde Says Crypto Needs Regulation to Thrive

MF’s Lagarde tells Economic and Monetary Affairs Committee of the European Parliament that digital currencies and assets need “appropriate regulation” in order “to steer technology towards the public good.” 

ZCash Community Greets Proof of Stake Proposal with Skepticism

In the last few days, a proposal from a member the ZCash community has sparked debate among users, developers and parties interested in the fortunes of the privacy centric cryptocurrency.

North Korea Denies It Raised $2 Billion via Cryptocurrency Exchange and Bank Hacks

North Korea has responded to a confidential United Nations (U.N.) report claiming the country raised up to $2 billion by targeting cryptocurrency exchanges and other financial institutions.

Search Interest for Bitcoin Is Bigger Than Boris and Brexit, Google Trends Shows

Despite the looming possibility of a no-deal Brexit and with most of the UK up in arms about the prorogation of parliament by Prime Minister, Boris Johnson, ‘bitcoin’ is trending head of both ‘Brexit’ and ‘Boris’ in Google Trends.

Chinese State Media Refutes Claims that Digital Currency WIll Launch in November

Chinese state media publication The Global Times refuted reports that the central bank’s digital currency would be launching later this year, calling it “inaccurate speculation.”

Chinas Central Bank Digital Currency Could Launch By November

According to a new report, China’s central bank is planning to issue its digital currency as early as November, by first distributing the coin to seven institutions including Alibaba and Tencent. 

Bank of England Governor Recommends Replacing Dollar With ‘Libra-Like’ Digital Currency

Bank of England Governor Mark Carney made a radical proposal at the Federal Reserve’s annual policy retreat, calling for the replacement of the US dollar with a Libra-like alternative to be used as the global reserve. 

Rwandas Central Bank Reportedly Considering Launcing Its Own Cryptocurrency

According to a new report, Rwanda’s central bank is considering the development and issuance of a digital currency in an effort to increase the efficiency of transactions and spur economic growth. 

20% of Turks Use or Own Cryptocurrencies, Report Says

A survey by a German data firm suggests that Turkey is one of the world’s biggest adopters of cryptocurrencies despite the country having no legal framework for trading such assets.

India’s Supreme Court Asks Central Bank to Justify Its Position on Cryptocurrency Businesses

The Supreme Court in India has given the Reserve Bank of India (RBI) just two weeks to better justify its ban against allowing banks to work with cryptocurrency businesses. 

Cryptocurrency ATM Operator Gives Hong Kong Protestors Water Paid With BCH Donations

Crypto ATM provider Genesis Block aided protestors in Hong Kong by distributing water bottles and umbrellas that were paid for in BCH donations. 

U.S. Lawmakers to Focus on Discussing Facebook’s Libra on Swiss Visit

A group of US lawmakers are traveling to Switzerland to meet with data agency that will be overseeing Facebook’s forthcoming digital currency Libra. 

China’s Shenzen Zone Opens Doors to Digital Currency Research

In a move that perfectly encapsulates the Chinese authorities’ somewhat conflicted relationship with digital assets, it’s been revealed that the Shenzhen Special Economic Zone will look to open its doors to crypto companies and aid their research.  The ‘One Country, Two Systems’ concept that will drive the zone’s mission to serve as an example of […]

China’s State Cryptocurrency Will Not be Decentralized

China announced that its state-backed, central bank issued digital currency (CBDC) won’t be decentralized and will only partially use a distributed ledger, causing doubts over whether it can be classed as a cryptocurrency.

China Leads on Latest Central Bank Cryptocurrency Projects

China said this week that it is close to launching its central bank digital currency (CBDC) after more than a year’s work to put the framework in place to support the digital yuan.

Hong Kong Develops Bitcoin Premium as Protests Continue

Hong Kong traders are paying a $300 or more premium to invest in bitcoin as political unrest and protesting has driven an increased demand for crypto-assets. 

Elon Musk Backs Crypto-Friendly Andrew Yang for President in 2020

Influential technology entrepreneur and crypto-enthusiast Elon Musk declared this weekend that he supported the Andrew Yang for President campaign for the 2020 US election.

New Zealand Says Salary Payments in Crypto are Legal and Taxable

Tax authorities in New Zealand are to allow income to be paid in cryptocurrency and have set out new rules on how such payments should be taxed.

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