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Keyword: bitcoin

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  • Why Trump Wants to Make America the ‘Crypto Capital of the Planet’

    10/02/2024 10:10:35 PM PDT · by E. Pluribus Unum · 16 replies
    The New York Times ^ | Oct. 2, 2024 | Thomas B. Edsall
    Donald Trump’s views of the cryptocurrency industry have shifted markedly in recognition of the emergence of that sector as a major player in the world of campaign finance.In 2021, Trump was an outspoken critic of digital currencies, telling Newsmax, “I’m not a fan of bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”That same year, Trump told Fox Business that crypto was a “disaster waiting to happen” and that the United States should “regulate very, very high.”This year, he has done an about-face. At a June 27 Bitcoin conference in...
  • FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

    09/25/2024 5:48:33 AM PDT · by zeestephen · 47 replies
    CNBC (Business News) ^ | 24 September 2024 | M. Sigalos, D. Mangan, D. Giel
    Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried...Judge Lewis Kaplan said a "literal get-out-of-jail-free card I can't agree to" as he sentenced Ellison while praising her extensive cooperation...The prison term was significantly stiffer than the recommendation by the federal Probation Department...FTX was once valued at $32 billion.
  • Top Kotek staffer resigns (storm looms)

    09/20/2024 1:36:35 PM PDT · by Twotone · 26 replies
    Oregon Catalyst ^ | September 20, 2024 | Taxpayers Association of Oregon
    Lindsey O’Brien, Oregon Governor Kotek’s deputy chief of staff, who went on extended leave earlier this year, has officially resigned this week. Lindsey was among the three top staffers who stepped down all at once over Kotek’s push to expand a role for her wife within the Governor’s office. In the past few weeks, Kotek has closed the planned First Spouse office for her wife. Kotek’s wife’s personal aid ($11,000/month) also recently resigned last August. Also in August, it was reported that Oregon Governor Tina Kotek spent $200,000 of taxpayer dollars for a health-care event put on by her wife...
  • Thailand's Markets Need Freedom

    12/20/2006 7:53:29 PM PST · by Kitten Festival · 8 replies · 359+ views
    Investor's Business Daily ^ | 20 Dec 2006 | Editorial staff
    Foreign Exchange: Thailand's ham-fisted capital controls, announced Tuesday, sought to halt the baht's rise. But all that did was knock $23 billion in value from Thai stocks and rattle world markets. It's not the answer. What it actually shows is that the caretaker military regime, in power since its September coup, isn't quite up to the task of running Thailand's economic powerhouse. Thailand's markets, which have done well this year, don't need new controls. What they really need are the same thing Thailand's people need — more freedom, economic and political. Thailand's government Tuesday told foreign investors they would no...
  • Thailand's $13 bln digital handout scheme to include cash payments, PM says

    09/07/2024 9:02:41 AM PDT · by EBH · 30 replies
    Reuters ^ | 9/7/24
    BANGKOK, Sept 3 (Reuters) - Thailand's Prime Minister Paetongtarn Shinawatra on Tuesday said part of the government's vaunted 450 billion baht ($13.1 billion) "digital wallet" handout will be distributed in cash, in another change to its flagship populist policy. Details are still being finalised and will be announced in a policy statement to parliament, she added. The digital wallet handout had previously entailed transferring 10,000 baht ($292) in credit to 50 million Thais via a smartphone application to spend in their localities within six months.
  • President Tyler is burned in effigy outside White House

    08/17/2024 2:38:42 PM PDT · by DFG · 7 replies
    History.com ^ | 11/16/2009 | History.com Editors
    On August 17, 1842, protesters burn an effigy of President John Tyler a short distance from the White House. Their actions came in response to Tyler's veto of a second attempt by Congress to re-establish the Bank of the United States. The protestors were composed primarily of members of Tyler’s own political party, the Whigs, who dominated Congress at the time. The first federal U.S. Bank, created by Alexander Hamilton and set into place by George Washington in 1791, provided a repository for federal funds and issued currency. However, beginning with President Thomas Jefferson, who opposed the idea of a...
  • Bitcoin, Ether Prices Crash as Cryptos Join Global Selloff. What Spooked Traders.

    08/05/2024 10:23:11 AM PDT · by Miami Rebel · 35 replies
    Barron's ^ | 8/5/2024 | George Glover
    Bitcoin (BTCUSD-8.10%)’s price was tumbling on Monday, mirroring a global selloff in stocks after a weaker-than-expected jobs report on Friday. The largest and oldest token edged lower for much of the weekend before dropping sharply late Sunday. Over the past 24 hours, it was down 15% to $50,186. Ether, another popular digital asset, crashed 25% to $2,197. Friday’s nonfarm payrolls report showed that the U.S. added just 114,000 jobs in July, which fell short of consensus estimates. The soft data sparked worries that the Federal Reserve might not cut interest rates fast enough to prevent a recession. That sparked a...
  • World markets crashing…..Amir Tsarfati

    08/05/2024 2:21:27 AM PDT · by FRinCanada2 · 95 replies
    https://t.me/beholdisraelchannel/36952 ^ | 05 Aug 2024 | Amir Tsarfati
    https://t.me/beholdisraelchannel/36952 From a Biblical perspective—- what say you?
  • Dow drops more than 700 points, Nasdaq craters 2% in global market rout

    08/04/2024 11:32:17 PM PDT · by zeestephen · 65 replies
    CNBC (Business News) ^ | 04 August 2024
    Japan down 12.4%. No Japan trades for the last 10 minutes. South Korea halted trading. Now trading resumed, at down 9.6%.
  • Sen. Lummis (R-Wy) unveils Bitcoin Reserve bill

    07/28/2024 8:25:46 PM PDT · by RandFan · 13 replies
    X ^ | July 28 | Lummis
    @saylor We now have a bill to establish the United States Bitcoin Reserve, stored in a Digital Fort Knox.
  • Donald Trump - if elected - will establish a Bitcoin Reserve

    07/28/2024 2:27:34 AM PDT · by RandFan · 72 replies
    X ^ | July 28 | Disclose TV
    @disclosetv JUST IN - Trump, if President, pledges to form a Bitcoin Reserve, using 210,000 Bitcoin seized by the Department of Justice, as the core of a new “Strategic National Bitcoin Stockpile.”
  • Trump calls for US to be ‘crypto capital of the planet’ in appeal to Nashville bitcoin conference

    07/27/2024 6:04:53 PM PDT · by SeekAndFind · 42 replies
    Associated Press ^ | 07/27/2024 | KIMBERLEE KRUESI
    NASHVILLE, Tenn. (AP) — Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term, telling hundreds of cheering supporters of the digital tokens that he wants the U.S. to be a “bitcoin superpower” under his leadership. In his keynote address at a bitcoin conference in Nashville, Tennessee, the Republican presidential nominee promised to make the United States the “crypto capital of the planet” and create a bitcoin “strategic reserve” using the currency that the government currently holds. He also promised to remove Securities and Exchange Commission Chair Gary Gensler if...
  • Crowd goes absolutely nuts after Donald Trump vows to fire SEC Chairman Gary Gensler during the Bitcoin Conference in Nashville, Tennessee.

    07/27/2024 4:46:47 PM PDT · by hardspunned · 15 replies
    X ^ | 7/27/24 | Collin Rugg
    Trump was clearly taken aback at the crowd's reaction when he made the announcement. "On day one, I will fire Gary Gensler and appoint a new SEC chairman," Trump said as the crowd went nuts. "I didn't know he was that unpopular."
  • Bitcoin Reaching For $70,000 In Weekend Trading

    07/27/2024 7:43:27 AM PDT · by zeestephen · 7 replies
    CNBC (Business News) ^ | 27 July 2024
    As I write this, Bitcoin is trading at $69,140. Today's high - $69,400. All time closing high is around $73,000. All time intraday high is around $74,000. Bitcoin trades on many different exchanges. CNBC quotes the Coin Metrics price, which reports the trading at many of those exchanges.
  • ‘Cast a vote, but don’t join a cult’ — Edward Snowden at Bitcoin 2024

    07/27/2024 1:35:32 AM PDT · by Oscar in Batangas · 25 replies
    Cointelegraph ^ | JUL 26, 2024 | TURNER WRIGHT
    The former National Security Agency contractor did not name any particular US or international lawmakers but warned many didn’t belong to the “tribe” of Bitcoiners. Edward Snowden, the former National Security Agency contractor who has been in exile in Russia since 2013, warned attendees at the Bitcoin 2024 conference about politicians trying to woo them over crypto. In a July 26 speech held virtually at the crypto conference, Snowden said many lawmakers were trying to earn the “love” of Bitcoiners, hinting at those attending the Nashville event. He did not explicitly refer to United States or international politicians, though US...
  • Trump's Crypto-Friendly Stance: A Boon for Bitcoin and Beyond?

    07/25/2024 9:43:29 PM PDT · by SeekAndFind · 8 replies
    INO.COM ^ | 07/25/2024
    As former President Donald Trump prepares to speak this week at the Bitcoin 2024 conference in Nashville, the big event is creating the most excitement in the crypto community. Bitcoin USD (BTC) has surged more than 9% over the past month and nearly 58% year-to-date, crossing the $66,500 mark and nearing its all-time high set earlier this year.Moreover, this week, crypto investors are gearing up for several exciting developments, including the anticipated approvals from the Securities and Exchange Commission (SEC) for eight exchange-traded funds (ETFs) that hold Ethereum (ETH), the world’s second-largest cryptocurrency.These ETFs can become staples in 401(k)s, IRAs,...
  • The Future Of Bitcoin In America Will Be Decided At The Ballot Box in 2024

    07/25/2024 2:14:53 PM PDT · by SeekAndFind · 14 replies
    BitCoin Magazine ^ | 07/25/2024 | Sen. Bill Hagerty
    As Americans head to the polls this fall, their decision regarding who will lead our country will also determine the fate of crypto here in the United States, and our security, prosperity, and freedom are at stake.This week, I will join President Trump and thousands of crypto market participants in Nashville for Bitcoin 2024, the world's largest Bitcoin conference. This year, the conference is held in my home state at a time that is clearly the tipping point for the future of crypto technology in the U.S. This fall, the future of crypto in America is on the ballot as...
  • VANITY: Question for anybody who has moved Bitcoin to cold storage

    06/16/2024 3:10:58 PM PDT · by E. Pluribus Unum · 79 replies
    June 16, 2024 | E. Pluribus Unum
    I would like to move some Bitcoin to cold storage, but the thought of doing it wrong and losing it forever scares the Obama out of me. If you have done it, how did you do it, how do you store the wallet, and what is the possibility of messing it up and losing it forever?
  • Argentina Teams Up With El Salvador To Boost Crypto Adoption

    06/01/2024 5:28:00 AM PDT · by Twotone · 10 replies
    Reason ^ | May 30, 2024 | Katarina Hall
    Argentine authorities are working with El Salvador, a pioneering nation in bitcoin adoption, aiming to boost cryptocurrency adoption in Argentina. High-ranking officials from Argentina's National Securities Commission (CNV), the country's securities regulator, met with El Salvador's National Commission of Digital Assets on May 23 to discuss the use of cryptocurrencies, according to an official announcement by the CNV. The talks focused on El Salvador's experience in adopting bitcoin and its regulatory framework. "El Salvador has emerged as one of the leading countries, not only in the use of bitcoin, but it has also stood out in the world of crypto...
  • President Biden vetoes bill that allows highly regulated financial firms to hold Bitcoin and crypto

    05/31/2024 4:08:24 PM PDT · by janetjanet998 · 7 replies
    BREAKING: 🇺🇸 President Biden vetoes bill that allows highly regulated financial firms to hold #Bitcoin and crypto