Cryptocurrency Analysis and News Portal
Coronavirus is leaving a dent in the Chinese economy, as evidenced by the latest indicators on home sales, inflation and manufacturing productivity. The rapidly spreading virus threatens to disrupt trade and economic growth in key regions, leaving markets exposed to devastating pullbacks like we saw last week. The economic
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Dow Jones Industrial Average (DJIA) futures jumped as much as 500 points higher on Monday. Stock markets eye a rebound after the worst week since 2008. Facing coronavirus panic, Trump may be forced to introduce creative fiscal policies to support the stock market. The stock market is showing signs
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The stock market crash could become a great buying opportunity for long-term investors. Things are likely to get worse before they get better, so it’s hard to time the bottom. There are five key indicators investors can watch to determine when to buy the dip. Warren Buffett said to
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Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire
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Bitcoin is known for its parabolic movements to the upside; BTC’s infamous rally from $1,000 to $20,000 in 2017 was a clear parabola higher, marked by rapidly-increasing highs and an eventual blow-off top, which saw BTC correct 60% within weeks after the peak.Though, the cryptocurrency also trades parabolically to the
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After a dramatic stock market crash, the Trump administration is trying to distance itself from the dip on Wall Street. Larry Kudlow spoke to reporters on Friday and claimed the government does not control the economy. This comes just two weeks after President Trump blasted Barrack Obama for stealing
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Bitcoin is at the risk of crashing below $3,000 as a historically accurate bearish indicator screams ‘sell’ for the first time since July 2018.Bitcoin eyeing deeper bearish correction after Death Cross formation | Source: CryptoHamsterThe benchmark cryptocurrency’s 50-weekly moving indicator slipped below its 20-weekly moving indicator on Thursday, leading to
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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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President Trump has been reacting irrationally to every minor stock market correction. His reaction suggests the stock market is in trouble, and a big crash is looming. Lack of buying combined with the presence of high frequency trading systems make a 1987-style implosion a possibility. President Donald Trump has
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U.S. crude futures approached 52-week lows on Tuesday, falling 3.4% to $49.69 a barrel. Brent crude, the international futures benchmark, declined 2.5% to $54.89 a barrel. The International Energy Agency has downgraded its demand forecast for crude due to the coronavirus outbreak. Crude oil resumed its plunge on Tuesday
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