It is the 19th of October 2017

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Ethereum, Bitcoin Crash After China Declares Initial Coin Offerings Illegal

Ethereum and bitcoin are crashing this morning, after China confirmed its recent threat of an ICO crackdown (reported here last Monday) when the central bank said on Monday that initial coin offerings are illegal and disrupt financial markets, according to statement on China’s central bank website. The PBOC also asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the controversial if surging market for digital token sales.

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North Korea Is "Begging For War": Haley Tells UN "The Time For Half-Measures Is Over"

U.S. United Nations Ambassador Nikki Haley is escalating the rhetoric from Trump's "we'll see" comment and aggressive tweets as she tells an emergency meeting of the U.N. Security Council, that "enough is enough" and that North Korea's leader, Kim Jong Un, is "begging for war" with his "abusive use of missiles."

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South Korea Proposes Full Oil, Currency Blockade Of North; China Says No

Unable to make de-escalation progress using conventional diplomatic means at the United Nations, on Monday South Korean President Moon Jae-in proposed that the U.N. Security Council hold serious discussions about imposing an energy and capital blockade on North Korea, by cutting off oil supplies to Kim's regime coupled with a block of North Korean sources of foreign currency, the South Korean president's office said. Moon discussed the idea with his Russian counterpart, Vladimir Putin, during a phone call, according to South Korea's Blue House.

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Mattis: North Korea Threats To US, Allies "Will Be Met With Massive Military Response"

With the rest of the world once again seeking a peaceful solution to the escalating North Korean crisis, and having scheduled yet another United Nations Security Council emergency meeting for 10am on Monday to achieve some diplomatic breakthrough...

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Did Trump Just Intentionally Snub Gary Cohn?

In our preview this morning, we noted that it seemed odd that Trump's tax speech had reportedly been drafted by White House aide Stephen Miller, the leader of the nationalist arm of the White House staff, as opposed to his Chief Economic Advisor Gary Cohn.

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