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Trump Health Token Is Now Available On Uniswap: Report

A Donald Trump health token is now available on Uniswap, a new derivative that just appeared on the platform to track the President’s health after he caught the Coronavirus so let’s find out more in our altcoin news today. There’s not a lot of information about the project, other than it is a smart contract. It should be seen as an index that goes up when the market has a positive perception of the President’s health and crash when the opposite is true. The Trump health token market is not very optimistic as it went down from $0.957 to $0.954…

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Mit jelent Trump pozitív COVID tesztje a bitcoinra nézve?

Miközben minden menedék eszköz árfolyama felfelé zárt Trump pozitív tesztjére reagálva, a bitcoin 4%-os mínusszal zárta a napot. Mi legy így a bitcoinnal hosszútávon? Az elmúlt két napban a bitcoin árfolyama 4%-ot esett köszönhetően az egymás után érkező negatív híreknek. Bitcoin showing it’s antifragility from r/CryptoCurrency Először előállították a BitMex kriptotőzsde alapítóját illegális derivatív kereskedés miatt, majd kiderült Trump pozitív tesztje. Alapjaiban mindkét esemény külön-külön is fundamentálisan érintené a bitcoin árfolyamát, együtt pedig szinte bombaként robbant. Vagyis robbanhatott volna, mert igazából az árfolyam “mindössze” 4%-ot gyengült a hírekre reagálva – a bitcoinnál szinte alig számít már valaminek. Azonban, ha összehasonlítjuk…

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Trump, tax and hacks: 5 things shaping Bitcoin price action this week

Bitcoin tests $11,000 on Donald Trump’s tax revelations but KuCoin’s $150 million may yet put a dampener on bulls. Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains. Cointelegraph takes a look at five factors that could shape Bitcoin price action in the coming week. Trump tax files see $11,000 BTC price bounce Sunday provided an unexpected boost to Bitcoin after a week of lackluster price performance. This was thanks to an investigation into United States’ President Donald Trump’s tax records, the results of which were published by the New York Times.…

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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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Capital Restrictions and Floundering Economy Cost China $50B Over the Past Year

Cryptocurrency has a history of lifting people from stringent economic situations caused by government policies. In China, citizens have discovered this characteristic, and appear to have been using it over the past year. Tether and the Hedge Against a Stagnant Economy This week, CNBC reported that China had lost about $50 billion in capital over the past year, with citizens moving their money into cryptocurrencies as a means of hedging against the struggling economy. Citing a report from blockchain analytics company Chainalysis, the news medium explained that Chinese citizens had converted their cash into cryptocurrencies. Explaining further, it revealed that many…

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Experts Question Feasibility of USPS’ Proposed Blockchain Voting System 

The United States Postal Service (USPS) has been caught in a row with the Trump administration over mail-in ballots and their place in the next election. With the White House set to have its way, the postal service wants to adopt blockchain technology to maintain its operations. However, many are skeptical about its plans. Trump’s War With the USPS One of the many conflicts that the President has stoked at home is with the USPS. The President has said he wouldn’t allow mail-in ballots to be a part of the November elections, explaining that they are prone to manipulation. Last week,…

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Trump orders TikTok owner to sell its US business

Microsoft has been in talks to buy the app. Trump had previously issued a still-pending order to ban transactions with ByeDance and WeChat owner Tencent in the United States and said that there was a Sept. 15 deadline for a sale. Continue reading Trump orders TikTok owner to sell its US business at E-Crypto News.

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US Postal Service Files Blockchain Voting Patent Following Trump Cuts

Is it enough to meaningfully resist election fraud? A new patent has been filed by the U.S. Postal Service, or USPS, following recent comments from President Donald Trump concerning the mail service's funding in light of his fight against mail-in voting. The patent appears to use Blockchain technology to make mail-in voting a safe alternative to physical polling stations amid the COVID-19 pandemic."This developement releates to a voting system that also incorporates the use of cryptographic elements, such as blockchains, as are used with cryptographic currencies, to track and secure the vote by mail system," said a patent filing, dated…

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Why Trump Banning TikTok May Be a Blessing for Bitcoin Price, Adoption

Trump's TikTok Ban could see 80 million people flock to crypto, which would be great news for Bitcoin price and the entire cryptocurrency space. Yesterday saw many major altcoins rally to their yearly highs, with Ether (ETH) surging past $400, which I expected was a likely scenario in my last article two weeks ago.  In addition, XRP also had a bumper day exceeding $0.32 while momentarily outperforming Bitcoin as expected in my July 1 article. However, Bitcoin showed its dominance in the space by wiping out several billion of these gains in a little over an hour. So what does the week…

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Remembering The Kodak Crypto ICO As Stock Prices Soar

Bitcoin’s signature volatility is finally returning, but not even the crypto market has been pumping like Kodak stocks. The photography powerhouse surged Wednesday as high as 500% intraday following news the Trump administration tapped the firm to produce generic pharmaceuticals. The film and photography brand’s share prices surging brings back memories of the now-defunct KodakCoin initial coin offering the company proposed years ago. With Kodak (KODK) stocks back in the news once again, let’s take a walk down memory lane to remember the ICO that never came to be. Kodak (KODK) Stocks Soar Over 1,000% In a Week On Trump…

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deVere Group CEO Promotes Bitcoin’s Safe Haven Properties Yet Again

Nigel Green, the founder, and chief executive of financial consultancy firm deVere Group, has again pumped bitcoin as the ultimate safe-haven asset for investors. In a statement published on his company’s website yesterday, Green routed Bitcoin and its ability to hold its value amid the current global downturn. As he explained, the top cryptocurrency is now living up to its billing as the so-called “digital gold.” Bitcoin is Now Bigger Than Gold  Green’s statement went on to compare Bitcoin to the performance of gold. As he explained, while the traditional asset has long been a reserve for investors, things could…

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EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money

The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring. Reports say that the estimated $3 trillion HEROES Act will pay American taxpayers another payout round similar to the last cash injection, but it adds additional money for individuals who meet certain criteria. Global politicians and central bank leaders believe that creating money out of thin air will save the economy from pending doom. No…

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Grayscale CEO: United States “Past the Point”’of a Bitcoin Ban 

Despite the continued push for crypto adoption in the United States, there are still rumors of a potential ban in the country. Lending his insights, Barry Seibert, the chief executive of institutional crypto investment giant Grayscale Investments, expressed doubts over Washington’s ability to impose a ban. Better Relationships and Improved Awareness  Seibert expressed his thoughts in an investor call posted on July 16, 2020. He explained that he was cautiously optimistic about the United States developing a robust regulatory environment for digital assets. In part, he said, “For the first time ever, we are past the ‘ban bitcoin’ perceived risk. There’s…

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