Bitcoin’s “Day Of Reckoning” Has Arrived: Traders Welcome “Bitcoin Cash” As Network Splits

After more than two years of internecine struggles over how to expand bitcoin’s ability to quickly process transactions, the long-feared bitcoin “day of reckoning” has arrived. The bitcoin network has split into two separate blockchains, causing the creation of a…

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Why China Should Fear Donald Trump’s Tweets

President Trump’s two-part tweet Saturday, coming after his June 20 tweet, signals nothing no less than a reversal of four decades of U.S. China policy. At about the same time, America’s ambassador to the U.N., Nikki Haley, indicated the time…

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Gauntlet Thrown: House Judiciary Demands Special Counsel To Investigate Comey, Lynch, And Clinton

Roughly a month ago, we noted that Republicans might be well served to stop sitting around twiddling their thumbs waiting for the next Russia ‘bombshell’ to drop and actually go on the offensive against an ‘investigation’ that has obviously morphed…

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North Korea Threatens “Nuclear Hammer” After CIA Proposes ‘Regime Change’

Less than a week after C.I.A. chief Mike Pompeo suggested that regime change in North Korea would be a good thing for the Trump administration, the East Asian country said Tuesday it was ready and willing to strike the U.S. with a “nuclear…

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What Trump’s Venezuela Sanctions Will Do To Oil Prices: Barclays Explains

As discussed over the weekend, the endgame in Venezuela is accelerating and it is now only a matter of time before the Maduro regime exits, stage left, the only question is whether he does so peacefully or with the sound…

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Cryptocurrencies Are Crashing Again

The largest cryptocurrencies are under presure again today – Bitcoin, Ethereum down around 10% – as it seems some anxiety remains ahead of the August 1st scaling decision deadline, chatter about Russian Bitcoin viruses, and a new report from BofA…

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Greece Returns To The Bond Market With A Present To Its Last Group Of Bond Buyers

On the same day that Greek PM Alexis Tsipras triumphantly announced to The Guardian that “The worst is clearly behind us“, Greece just as triumphantly announced that its long-rumored bond issue, the first after a three year hiatus which saw…

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Trump Preparing Counteroffensive; Begins Investigating Mueller’s Team For Conflicts

Over the past two days there have been some rather substantial developments in Special Counsel Mueller’s investigation into alleged ties between President Trump and the Kremlin.  First came the news yesterday that Mueller planned to expand his probe to review…

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Dollar Tumbles, Stocks Slammed As Mueller Expands Probe Into Trump Business Transactions

It was quiet, too quiet. Markets were comfortably drifting ever higher (10th day up in a row for Nasdaq) and then headlines hit on Bloomberg reporting that special counsel Robert Mueller wil be probing Trump’s business transactions and will extend…

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