Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin

Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including Alipay, Wechat Pay, and Tencent’s QQ will be banned in America in 45 days. … Read more

Report Claims US President Trump Considering Clemency for Ross Ulbricht

According to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht. White House reporters Asawin Suebsaeng and Adam Rawnsley claim sources detailed that Trump “has expressed sympathy” for Ross Ulbricht and his double life sentences. Ross Ulbricht may get clemency from the sitting U.S. President Donald Trump if the American leader … Read more

US Representatives Add Digital Currencies to the 2021 Defense Bill

The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto the act which is expected to authorize more than $740.5 billion. U.S. … Read more

Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’

In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed addressing climate change for the first time. A … Read more

Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision

While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently sold for a whopping $66,666 to a user named “Pablo.” Non-fungible tokens have been very popular in … Read more