Sunday, May 19, 2024
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First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

Bitcoin (BTC) was higher, pushing back toward $40,000 after a 9.9% surge on Wednesday, the biggest calendar-day gain in a month.  Such a powerful recovery after a steep sell-off earlier in the week has quickly reinvigorated trader spirits. “This bubble doesn’t look set to burst,” said Don Guo, CEO of Broctagon

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Forget Covid-19, It’s China the Stock Market Should be Worried About

Coronavirus and the presidential election are short-term stock market drivers.Investors should keep a close eye on U.S. relations with China as they could deteriorate in the years ahead.Increasing tension could have a longer-term negative effect on equities.Since March, the novel coronavirus has dominated the headlines and driven the stock market.

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Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency

Bitcoin’s often criticized for its volatile and unpredictable nature – now analysts are saying that, and more, about the pound sterling. In a shock-inducing note to clients on Tuesday, currency analysts at Bank of America (BoA) said sterling had devolved into an emerging market currency in all but name during the

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Forget the Pandemic, There is a New Record Virus Outbreak Emerging in Asia

Singapore may see the nation’s largest dengue virus outbreak in history, local authorities tell CNA. Lockdown measures to combat the pandemic are reportedly leading to more dengue infections. Concerns that the new virus could overwhelm hospitals across Southeast Asia are emerging. As nations scramble to deal with the second wave of the pandemic,

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