Cryptocurrency Analysis and News Portal
Bitcoin is surging and it recently tested the $9,400 support area against the US Dollar. BTC price is likely to continue higher towards $10,000 as long as it is above the 100 hourly SMA.Bitcoin is showing positive signs above the $9,650 and $9,700 levels.There was a sharp rebound after the
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There’s a lot of talk about Meghan Markle bringing back The Tig, her fashion and lifestyle blog. Since the initial flurry of excited chatter, there have been no positive updates on the matter. Meghan and Harry’s status as royals is likely at play and is why we won’t see The Tig anytime
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Not everything is rallying on the job market’s surprise good news. Gold is diving and now trades under $1,700. Longer-term, lower interest rates and easing measures will likely lead to a massive rally for gold. Happy days are here again! At least they are in the stock market.
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Better-than-expected jobs numbers and signs of economic recovery are leading some to declare the worst is over. We’re still far from normal—and economic data still show we’re worse off than the Great Depression in many areas. Here’s why the recession may just be getting started. Wall Street loves setting expectations at levels that
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The S&P 500 continues to climb despite a bleak economic backdrop. The Federal Reserve is the engine that powers asset inflation. Expect the S&P 500 to print a new all-time high soon. Amid record unemployment, widespread civil unrest, global pandemic, and a shrinking economy, the S&P 500 is 8% off of its all-time
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Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar.The price is currently rising and it could surge if it clears the $48.00 resistance.There is a major bullish trend line forming with support near $46.50 on the 4-hours chart of the LTC/USD pair (data feed
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Warren Buffett’s top holdings have suffered tremendous losses this year. The Oracle of Omaha should consider cutting his losses to free up capital. He can use the available money to invest in the future. Warren Buffett, the greatest value investor, has lost tens of billions of dollars amid the global pandemic. He needs
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Just 24 hours ago, Bitcoin had rocketed back above $10,000 for the first time in weeks. It was a move that liquidated over $100 million worth of BitMEX shorts, shocking investors across the industry.At the time, investors were extremely optimistic.Galaxy Digital co-founder and CEO Mike Novogratz shared around the time
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While the S&P 500 is still down about 6% year-to-date, Zoom’s shares have tripled in value. Zoom’s popularity has exploded due to shelter-in-place orders. Zoom keeps soaring despite investors being optimistic about the economy. Zoom Video Communications’ (NASDAQ:ZM) stock price was on an uptrend before the pandemic started. But the outbreak pushed shares
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Some of the top altcoins by market capitalization, such as Ethereum, have been posting significant gains lately. Meanwhile, Bitcoin remains stagnant within a narrow trading range.The flagship cryptocurrency is consolidating between $8,800 and $10,080 since late April without giving any clear signs of where it is headed next.One of the
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