Cryptocurrency Analysis and News Portal
Bitcoin bulls eye a $20,000 yearly close against the Federal Reserve and the European Central Bank’s expansionary policies.Dan Morehead, the CEO of Pantera Capital, noted that the bitcoin market is already outperforming other assets since the Fed launched an unlimited bond-buying program in March 2020.With ECB following a similar quantitative
Read More
The Dow Jones rallied to start the week despite a stunningly bearish Q2 GDP estimate from the Federal Reserve Bank of Atlanta. The Dow’s Unstoppable Climb Meets Its Match in Alarming Fed Prediction by CCN.com Source
Read More
Housing market forbearances leveled off in May, but lenders are still facing a huge cash shortfall. The Federal Reserve is pumping the housing market full of froth. The backlash will be jarring when baby boomers flood the market with supply. The U.S. housing market received another nugget of good news last week. The
Read More
The U.S. stock market slightly declined as the International Monetary Fund (IMF) released a statement. The IMF hinted policymakers may not be accurately assessing economic data after the pandemic. With a drop in consumer spending, exports, and business productivity, policymakers have lots of data to process. The U.S. stock
Read More
Stocks of zombie corporations are outperforming the S&P 500. A horde of companies too dead to feed their debts continues walking due solely to Federal Reserve bailout programs. This subverts the natural selection of capitalism and does not let the brave new world start clean. In the television series
Read More
The Dow Jones rallied more than 300 points on Wednesday, erasing most of the previous day’s losses. Stock market bulls ignored several big warnings from the Federal Reserve and World Health Organization. The Dow is proving remarkably resilient as Donald Trump gets tough on China. The Dow Jones leaped
Read More
Bitcoin (BTC) has only just completed its “hardening” — but fiat currency is already getting even “easier” as money after a historic move by the United States central bank.As the Federal Reserve confirmed in a press release on May 11, the bank is about to finally launch its corporate debt
Read More
Bitcoin price surged 16% and crossed $9,200 by now. Market factors include the beginning of the removal of quarantine in the EU and the most powerful emission of the Central Bank of the EU and the Fed.Bitcoin‘s price jumped Wednesday representing the biggest rise in the last six weeks. And
Read More
Bitcoin's price jumped Wednesday by the most in six weeks, outpacing U.S. stocks, after the Federal Reserve pledged to keep pumping new money into markets and government data showed the economy sliding into recession.Bitcoin rallied 12% to $8,703 as of 19:30 UTC (3:30 p.m. Eastern time). The Standard & Poor's
Read More
The United States Federal Reserve “fake economy has burst,” former presidential candidate Ron Paul has announced as money printing takes its balance sheet to $6.6 trillion.In a series of tweets on April 24, Paul became the latest critic to launch a scathing on U.S. economic policy present and past.Paul: swap
Read More