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I Am With Banks: Hillary Clinton Claims She Doesn’t Own Bitcoin

  • Alex Morris
    📰 News

    We get it, Hillary won’t accept Bitcoin. Here’s where other high-profile US politicians stand on crypto


I Am With Banks: Hillary Clinton Claims She Doesn’t Own Bitcoin
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A former US presidential candidate Hillary Clinton has recently stated that she doesn’t have Bitcoin holdings. While high-ranking politicians are wont to stay away from crypto, there are still plenty of crypto-friendly candidates on the US political scene.   

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“Too libertarian”

At the Lesbians Who Tech Summit in New York, Hillary Clinton answered a slew of rapid-fire questions. One of them was whether she owns Bitcoin to which she (unsurprisingly) gave a definitive answer “No.”

However, this is not the first time when “Hillary Clinton” and “Bitcoin” appeared in the same headline. A former presidential candidate from the Democratic Party she dismissed the idea of accepting Bitcoin, calling it too “libertarian.” However, a recent research shows that crypto-political landscape has extended beyond the libertarian ideology (in fact, only 24 percent of crypto holders identify themselves as libertarian). The leaked Podesta emails further confirm that Hillary wasn’t in favor of giving green light to Bitcoin donations during her 2016 presidential campaign.  

What about Trump?

The Trump administration, so far, has shown a rather mixed reception of Bitcoin. Back in October 2017, there was a slew of anti-Bitcoin statements from White House homeland security advisor Tom Bossert who pledged to “keep an eye” on crypto.   

On the flip side, ex-Trump advisor Gary Cohn predicted that there would be a global cryptocurrency in an interview with CNBC. Cohn served as the National Economic Council in the Trump administration. Steve Bannon, who is considered to be the mastermind behind the Trump’s campaign, also revealed his Bitcoin holdings, also mulling creating its own cryptocurrency.

As U.Today has recently reported, Trump has also recently appointed a crypto-friendly SEC commissioner who can potentially sway a vote in favor of Bitcoin ETFs.


Cryptocurrency candidates

Back in 2015, Senator Rand Paul of Kentucky became the first presidential candidate to accept Bitcoin. The upcoming 2020 US presidential race already has its crypto-friendly candidates– Andrew Yang made an announcement about accepting cryptocurrency contributions in July. Numerous congressional candidates also show support for crypto, including Kelli Ward who is a frontrunner in the Arizona Senate race.  

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Cover image via u.today
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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

Cover image via 123rf.com
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