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Dow Futures Signal Big Rally Post-Memorial Day as Economy Shows Signs of Life

The Dow Jones Industrial Average rallied nearly 300 points in futures trading Monday night. Although the economy has likely plunged into recession, key indicators such as mortgage applications and travel bookings are up slightly. The Atlanta Fed’s GDP tracker estimates a second-quarter contraction of 41.9%. U.S. stock futures rose

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Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day

Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the

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Blockchain Bites: Iran and Russia Revisit Crypto Regulations, Bitcoin Pizza Day 10 Years Later

News 'Diet'Laszlo Hanyecz has the honor of conducting the first commercial Bitcoin transaction: trading 10,000 bitcoin for about $30 worth of pizza. Ten years later, those bitcoin would be worth $91 million. He apparently has no regrets. “It was a really interesting system but nobody’s using it,” Hanyecz said. “If nobody’s

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ProBit Exchange Features Mukbang AMA on Its Very First Online Meetup on Bitcoin Pizza Day

Fresh off their new #38 ranking on Coinmarketcap as the 4th biggest exchange in Korea, ProBit Exchange is now launching their very first online meetup on Bitcoin Pizza Day on May 22, 2020, 6:00 PM KST. The online meetup will feature panelists including Marlin Marketing Lead Shabbir Sultan, Stack Funds Research

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Blockchain Bites: What You Need to Know About the Last Day of Consensus: Distributed

Top ShelfThe sun rises on the last day of Consensus: Distributed, our first foray into the world of virtual events. We've heard from former Treasury Secretary Lawrence Summers describe the current monetary system as too private, Governor Harvesh Seegolam of the Bank of Mauritius inch closer to a central bank digital currency and World

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Blockchain Bites: FATF, Financial Inclusion and Banking Without Banks: A Look Ahead at Consensus, Day 3

Things are settling in on the third day of Blockchain Week.Tuesday saw Nym’s Harry Halpin give an in-depth demonstration on how to shield your transactions, while Vitalik Buterin walked back a comment he made the previous day. Here’s what my colleague Nikhilesh De watching for throughout the day:Good morning folks, and welcome to

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