Donald Trump, the likely next president of the United States, has softened his stance on bitcoin.
If the Fed decided to lower its interest rates, we could very well witness a soaring of the markets. Money would flow abundantly, and certain financial assets like bitcoin (BTC) could reach unprecedented heights.
"While the NFT market is in decline, Donald Trump announced the upcoming launch of digital tokens in his likeness. A risky bet!"
During his campaign, Trump opposes the CBDC, claiming that it would give "absolute control over your money" to the federal government.
Donald Trump warned that his defeat in the 2024 presidential election would cause a stock market crash worse than that of 1929.
Donald Trump doesn't hesitate, he sells his cryptocurrencies. Indeed, he has just parted with more than half of his Ethereum holdings. Arkham Intelligence, who learned of Trump's recent ether movements, has made the revelation. Details!
A New Twist in the FTX Saga! Less than 24 hours before the start of his trial, Sam Bankman-Fried, the former CEO of the crypto exchange, is once again implicated in a suspicious affair. The fallen crypto king allegedly considered preventing Donald Trump from running in the presidential elections. And SBF was reportedly willing to dig deep into his pockets to buy the American statesman, according to the latest revelations.
According to many experts, the American currency may not be around much longer. Long the dominant force on the global money market, the dollar may now be doomed to certain death. Many American politicians scoff at the idea, rather than believing it. But former President Donald Trump is taking the prospect very seriously, and is sounding the alarm.
Donald Trump has declared in a speech that he will build the greatest economy in the history of the world. The former US president has in fact announced his candidacy for the 2024 presidential election. One might wonder whether his approach will be in favor of the crypto sector. Having always shown a certain reticence towards bitcoin (BTC), the crypto market was nonetheless doing well during his term of office. His re-election could breathe new life into this heavily repressed market.
The global slingshot against the dollar is raising the specter of a world war. To avoid it, Bitcoin has to become the next international reserve currency.