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Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks

While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen Democratic leaders wrote a letter to President Biden asking to get “much-needed relief to American families.” A Coalition of American Bureaucrats Want More Stimulus Payments Distributed Senate Finance Chair Ron Wyden and 21 Democratic senators want U.S. President Joe Biden to initiate a fourth round of stimulus payments. The last stimulus payments of $1,400 per individual and…

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OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some are assuming the hearsay stems from the recent Russian sanctions announcement last Thursday. On April 15, the U.S. Treasury published a press release explaining government escalated sanctions against the Russian government and the announcement touches upon the use of cryptocurrency addresses for illicit transactions. U.S. Treasury Rumors Flood Social Media, OFAC Cracks Down on 16…

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Biden támogatja a pénzügyminiszter álláspontját a kriptovaluták szabályozásának kérdésében

A Fehér Ház szóvivője szerint az elnök egyetért a januárban kinevezett új pénzügyminiszter, Janet Yellen szabályozást sürgető nézeteivel a kriptók vonatkozásában. Meg kell akadályozni, hogy illegális tevékenységekre használják ezeket a digitális eszközöket. Korlátozni kell a kriptovaluták használatát Jen Psaki, a Fehér Ház szóvivője egy csütörtöki sajtótájékoztatón arról számolt be, hogy Joe Biden a kriptovaluták szabályozásának kérdésében támogatja a pénzügyminiszter álláspontját. Yellen a korábbi nyilatkozatai alapján egyértelműen további szabályozást szeretne a kriptovaluták vonatkozásában és most úgy tűnik, hogy ezzel Biden is egyetért. Az azonban, hogy ez pontosan mit is jelent, majd csak a későbbiekben fog kiderülni. Mindenesetre a pénzügyminiszter még januárban…

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Joe Biden szankciókkal sújtotta az orosz kötvénypiacot

Joe Biden, az Amerikai Egyesült Államok elnöke, a napokban szankciók bevezetését jelentette be, melyekkel megtiltják az amerikai cégeknek az üzletelést az orosz kötvénypiacokon. A szankciók hivatalos oka, hogy az amerikai hírszerzési források bizonyítottnak vélik, hogy Oroszország ismételten megpróbált Trump oldalán beavatkozni az amerikai elnökválasztásba, de a Fehér Ház indoklásában ezen kívül még egy tucat állításuk szerint Oroszországhoz kötődő kibertámadást is felsorolt. A hír hatására az orosz 10 éves államkötvények hozama 1 százalékponttal 7,2% százalékra emelkedett, míg a MOEX, a legfontosabb orosz részvényindex 1,2%-t esett. Az államadósság finanszírozására szolgáló államkötvények piaca kínálat-kereslet alapú licit elvén működik, vagyis egy adott kötvény kínált…

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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal. According to reports, Biden’s proposed plan could be a touch smaller than the estimated $2.25 trillion. Biden Suggests Scaling Back the $2.25 Trillion ‘Build Back a Better America’ Infrastructure Proposal The U.S. government is talking about creating more stimulus in order to provide jobs and “build back a better” America. Last…

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A Biden-adminisztráció aggódik a kínai digitális jüan hatásai miatt

Joe Biden elnök adminisztrációját állítólag nyugtalanítja az a hosszú távú hatás, amelyet egy digitális jüan gyakorolhat a dollár státuszára, mint a világ tartalékvalutája. A Bloomberg vasárnapi, meg nem nevezett forrásokra hivatkozó riportja szerint több kormányzati hivatal tisztviselője is igyekszik jobban megérteni, hogy milyen lehetséges fenyegetést jelent a kínai kezdeményezés az amerikai dollár szerepére. Az amerikai Pénzügyminisztérium, a Külügyminisztérium, a Pentagon és a Nemzetbiztonsági Tanács tisztviselői állítólag nem a rövid távú hatások miatt aggódnak, amit a digitális jüan vagy a kínai digitális elektronikus fizetési (DCEP) rendszer okozhat. Az Egyesült Államok globális tartalékvaluta-státuszának hosszú távú kihívásai azonban komoly aggodalomra adnak okot. A jelentés…

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Déjà vu: Bitcoin Setup Near $60K Looks Similar to $20K-Breakout Delay

Bitcoin is stuck near $60,000. Some analysts think the cryptocurrency would break the level to the upside and establish a new record high. Meanwhile, a section believes that the price would crash back towards $50,000. Amid the conflicting scenarios, Dr. Jeff Ross, the founder/CEO of Vailshire Capital Management ̦— a Colorado-based hedge fund, believes the hint lies in a recent market fractal from late 2020. The investment analyst noted that Bitcoin is consolidating near $60,000 in the same way it traded near $20,000 between mid-November and mid-December 2020. Bitcoin in December 2020 versus April 2021. Source: BTCUSD on TradingView.comIn retrospect,…

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Bitcoin Eyes $60,000-Breakout Ahead of Biden Spending Announcement

Bitcoin held gains, bond yields rose, and gold slipped ahead of President Biden’s next big spending push that could total anywhere between $2 trillion and $4 trillion. The BTC/USD exchange rate approached $60,000 in an early morning rally in Asia, driven higher by a flurry of fundamentals, ranging from PayPal’s decision to add a crypto checkout service to Visa settling transactions in stablecoin USDC. Traders flocked into Bitcoin, believing that the cryptocurrency’s robust mainstream adoption would prove bullish. Bitcoin’s top rival Gold suffered. The spot XAU/USD exchange rate slipped below $1,700 on Wednesday, reacting to an intraday climb in the…

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More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion

On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build Back Better” campaign. The recent stimulus talks have a few economists feeling optimistic about the future of the American economy, while Treasury Secretary Janet Yellen has said: “the next stimulus bill will have to be paid for through higher tax rates.” Biden and Senate Democrats Push for Infrastructure Relief Stimulus Estimated to be Around…

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Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%

During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances of getting elected is favored by 61% over the incumbent Trump. Tuesday’s Presidential Debate was considered by many as one of the “worst debates” in the history of American leadership. However, many people still kept score on how each candidate did during the evening’s political discourse. In addition to all the people watching the debate on television, a great…

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Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash

On September 16, the Bitcoin Unlimited development team launched a new application called Votepeer. The software is powered by the Bitcoin Cash network and allows anyone to set up a transparent two-option voting process. This week a couple of Bitcoin Unlimited (BU) developers released a new voting protocol called Votepeer. BU software engineers, Dagur and Jørgen Svennevik Notland, revealed the initial version of Votepeer, which can be located at the website voter.cash. “Votepeer is powered by Bitcoin Cash and allows anyone to easily set up a two-option vote using the simple and transparent voting protocol,” the project announcement details. “Participating,…

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Presidential Candidate Brock Pierce Served With Lawsuit for Alleged ICO Fraud

Former Disney child actor and U.S. Presidential candidate, Brock Pierce, was served with a lawsuit during a political campaign event held on Monday. The class-action lawsuit was filed in May and it claims the defendants, including Pierce, sold unregistered securities during the EOS initial coin offering (ICO). Last May, a class-action lawsuit on behalf of any person who purchased or received EOS tokens during the June 2017 ICO was filed against a number of firms and company executives behind the EOS project. The lawsuit named Brock Pierce, but also Block.one cofounders Daniel Larimer and Brendan Blumer are named as defendants…

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Brock Pierce Taps Akon as Chief Strategist for 2020 White House Run 

The Democrat and Republican Parties — along with their respective candidates, Joe Biden and Donald Trump — ae headlining the upcoming General Elections. However, two pro-crypto figures have joined forces to throw their hat into the ring. Yesterday, Chaddar reported that Senegalese-American singer and crypto entrepreneur Akon would join Brock Pierce’s presidential campaign.  Breaking the Dem-GOP Duopoly  Pierce announced his intention to run for President last month. He told news site Cointelegraph that his strategy was more of preventing the leading candidates than to win the election. Pierce says his missiong is to game the electoral college to block Biden…

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What Top US Politicians and POTUS Election Candidates Think of Bitcoin

Cryptocurrencies and politics are intertwined. Here’s what the top politicians in the U.S. elections think about cryptocurrencies. In the cryptocurrency and blockchain sphere, it’s difficult to do away with politicians and vice versa. With the presidential election in the United States slated for later this year, interested parties are doing all they can to sell their dreams and vision for America.That said, vying for a political post doesn’t come cheap. In the run-up to the elections scheduled for Nov. 3, there has been an increase in the number of politicians accepting cryptocurrency donations to fund their campaigns, from senators to…

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Kamala Harris lett Biden alelnökjelöltje, erősödik a kriptó vonal?

Joe Biden elnökjelölt bejelentette, hogy Kamala Harrist jelöli az alelnök posztra, és vele együtt méreti meg magát a novemberi elnökválasztáson. Sokan számítottak rá, hogy a kaliforniai szenátor lesz Biden választottja, így nem okozott nagy meglepetést a bejelentés. De van egy szaftos sztori a kinevezésével kapcsolatban: a demokratáknak ezzel lesz egy kriptobarát tech varázslója, akit korábban vitathatatlanul a leginnovatívabb NBA-csapat, a Sacramento Kings alkalmazott. Az NBC News jelentése szerint Joe Biden volt alelnök, aki novemberben Donald Trump elnökkel fog szembeszállni, már a bejelentés előtt összeállította Harris csapatát. Harris csapatába beválasztották Ryan Montoya-t is vezetőnek. Ő a kampány ütemezésével és az előrejelzéssel fog…

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Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K

Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000 per 29 counts or $725,000. The teenager, Graham Clark, made headlines on Friday when he was charged with 30 counts of organized fraud, fraudulent use of personal information and communications fraud. U.S. law enforcement accused Clark of being the “mastermind” behind the July 15 Twitter hack, which saw a large number of high profile Twitter…

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Twitter confirms one elected official had DMs accessed in hack

Twitter didn’t identify the politician, but reports indicate it was the Dutch Party of Freedom leader Geert Wilders. The company didn’t address which other accounts may have had their inboxes accessed. The hack ensnared a number of high-profile users, including Bill Gates, Jeff Bezos, Elon Musk, and Kanye West. Continue reading Twitter confirms one elected official had DMs accessed in hack at E-Crypto News.

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Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable

Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady. Prominent U.S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam. The official accounts of former president Barack Obama as well as aspiring presidents Joe Biden and Kanye West were also hacked. According to data from crypto analytics firm Skew, bitcoin’s implied volatility “is having a muted reaction to the Twitter hack.” Over the past one month, bitcoin’s implied volatility has averaged 55%, said Skew. The…

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