Cryptocurrency Analysis and News Portal
When I woke up just minutes ago and saw the price of Bitcoin, I thought someone had pulled a joke on me; never in a hundred years did I think BTC was going to move that fast.For those who have been living under a rock or sleeping as I have,
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It’s not a secret that Bitcoin hasn’t done well over the past few days and weeks; since the weekend’s $9,200 peak, the cryptocurrency has lost nearly 18%, and since the $10,600 peak in February, BTC has shed over 25%. In the process of this brutal move, hundreds of millions worth
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Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at
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Over the past few days, Bitcoin has fallen off a proverbial cliff. Contrary to the sentiment of many investors, the cryptocurrency fell through support levels as if they were nothing more than a knife going through hot bricks of butter. At the drop’s worst on Wednesday, BTC was trading at $8,520
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The U.S. stock market has been rallying thanks to massive amounts of liquidity injection from the Federal Reserve. The calm rise in indices has made investors complacent and misprice risk. The Dow Jones witnessed a 1,000 point drop on Monday, and technical data points suggest that it’s just the
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Gilead Sciences stock was one of just a handful of S&P 500 companies in the green on Monday. Investors are hopeful that remdesivir could be a treatment for the coronavirus GILD’s bounce is just a taste of the upside it could experience if it develops an effective treatment. As
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Domino’s Pizza is getting ready to report its Q4/year-end 2019 earnings on Thursday. The company’s stock is ranging close to record highs. Wall Street is bullish on DPZ, but what should investors expect from the pizza giant? Investors holding Domino’s Pizza (NYSE: DPZ) stock are waiting for the company’s quarterly report coming out
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Risk sentiment soured in the U.S. stock market ahead of a long weekend as more lawmakers claimed China is losing control of the coronavirus outbreak. Boeing stock added to the Dow Jones’ troubles as United Airlines pushed back the return of the 737 MAX to September. Troubling industrial production data is likely
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Throughout much of the bear market, one of the themes that kept crypto investor’s hope alive in crypto investors was the thought that Bitcoin was being accumulated, according to Wyckoff theory, at low prices by major players and institutions. After that, eventually, the markup phase would occur and the first-ever
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Ever since Facebook announced its cryptocurrency Libra, the social media giant has had to face wave after wave of backlash from regulators across the spectrum from countries all over the world. With that, Libra has essentially managed to put all cryptocurrencies in the crosshairs of these regulators.Now, lobbyists and supporters
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