Bitcoin Traders Believe Trump Win Could Trigger Price Boost
Hillary Clinton or Donald Trump? While America may be undecided, there's a widespread belief among bitcoin investors and analysts that a Trump presidency would provide a limited, but impactful, boost to bitcoin prices. Such commentary follows on the heels of the UK's decision to leave the European Union in June, a development that many analysts credited with spurring uncertainty and causing a $100 increase in the price of bitcoin over just one trading session. Analysts noted that while the digital currency markets might not see any significant change from Clinton's election, Trump could....
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The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Related Reading: Trump […]
Here's a look at what we are focusing on in the bitcoin price this morning. Whatever your political persuasion, last night was a long night, and is likely still continuing for many across the US. Celebrations, commiserations, whatever is in order, we’re going to inject a dose of normality and stability in to your day with the first of our twice daily bitcoin price watch analyses right here. For those that couldn’t bear to watch, we’re going to spoil it for you now – Trump won. What that means for the bitcoin price remains to be seen. My initial thoughts right off the bat are that we will....
Crypto president – of the entire world? Perhaps we all underestimated how much Donald Trump wants to dominate crypto. Even while provoking reciprocal tariffs and spurring major shifts in global trade patterns, the US president is going all-in on crypto. That includes recently-announced plans for a Trump crypto wallet, integrating wallet tech in Truth Social, […]
At the same time, one has to wonder if Trump can deliver on his promise to "Make America Great Again". The impending inauguration of Donald Trump will send shockwaves through the global financial sector. Some experts feel gold prices will soar, depending what Trump says during his speech. At the same time, Bitcoin’s value could go up by quite a margin as well. Safe-haven assets will be in high demand moving forward, that much seems to be a foregone conclusion. Trump’s inauguration is getting a lot of media attention right now. With just a few days until this event happens, the....
With bitcoin adoption rising healthily, and trading proving a popular way to profit from the digital currency's volatility, many exchanges are going from strength to strength, signing up new users and rolling out new services on a frequent basis. In this roundup, CoinDesk looks at the latest announcements from the world's cryptocurrency exchange platforms over the last few days. OKCoin adds 'trigger orders' for futures traders. OKCoin's futures traders can now get some sleep without needing to close their positions, safe in the knowledge that new 'trigger orders' will help insulate them....