With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been about as stable as a recovering addict's first week back on blow. With that turbulence as a backdrop, the cryptocurrency industry hoped Thursday's executive order establishing a federal Bitcoin [...]
As Elon Musk was saluting Donald Trump in the US Congress yesterday, the South African’s divisive politics were opening new doors to his business rivals in Europe. Musk’s role in the White House had already been linked to Tesla sales and stock tanking. Now, the repercussions appear to have spread to SpaceX. The fallout centres on the company’s Starlink satellite internet service. The network [...]