Traders await more Trump-branded memecoins amid torrent of fakes

The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure.Bitcoin has extended its decline during the weekend and is now on track for its sixth successive…

The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could be destabilizing for the current banking system. However, a digital currency could utilize the latest FinTech and make transactions easier and faster…

“This is a securities fraud class action arising from a deliberate course of carnival barking market manipulation and insider trading,” said the amended complaint. 348 Total views 20 Total shares A group of Dogecoin (DOGE) investors has requested leave to amend a class-action lawsuit against soon-to-be former CEO of Twitter Elon Musk, alleging he manipulated…

Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement. 227 Total views 1 Total shares Attorney John Deaton, representing XRP holders, has made a persuasive case in the Ripple vs. SEC legal saga, suggesting that the anticipated $770 million disgorgement for Ripple is improbable. He

It's been a bad 24 hours for the precious metal, which shed $100 per ounce thanks to the Fed's outlook. 611 Total views 1 Total shares Bitcoin (BTC) edged closer to $38,000 support on June 17 as comments from the United States Federal Reserve sparked a mass sell-off for gold.BTC/USD 1-hour candle chart (Bitstamp). Source:…

Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23.The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin…

Ricardo Salinas Pliego breaks down his Bitcoin investment thesis. 1964 Total views 23 Total shares Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s second richest man, has revealed to Cointelegraph in an interview that he bought his first Bitcoin in 2013, when it was worth around $200. That, according to the billionaire, was…

"I don't have Bitcoin, and I'll never ask you to send me any," said Joe Biden. 1127 Total views 8 Total shares In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain.One of the earliest presidential adopters, Bill Clinton…