Crypto bulls go wild for trump

Since World War II, the two landmark events in the evolution of money were Bretton Woods in 1944, when the dollar became the de facto global reserve currency, and then the Nixon Shock of 1971, when th

When Donald Trump took the oath of office for the second time in January 2025, he was surrounded not just by politicians and dignitaries, but by the CEOs of six of the world’s most visible technology

“We’ll have a majority [on the Federal Reserve Board] very shortly… People are paying too high an interest rate… We have to get the rates down a little bit,” says Donald Trump. The US president isn’t

Issue of the week: the battle for the ...

We must be getting close to the end of one thing… and the start of something else. The thing whose end is nigh is the bubble on Wall Street. As a bubble inflates, the lightest, lowest-quality stocks f

In 2018, the Financial Conduct Authority (FCA) sternly warned that “crypto-assets have no intrinsic value” and that investors in them “should therefore be prepared to lose all the value they have put