Cryptocurrency Analysis and News Portal
Bitcoin’s price peaked at $9,972.03, its highest in two-and-a-half months. Billionaire hedge fund manager Pual Tudor Jones says he bought BTC futures to hedge against inflation. Bitcoin’s quadrennial halving event is likely to fall on May 12. The price of bitcoin edged closer to the psychological $10,000 level
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The Dow Jones has fallen almost 13% since February highs as coronavirus panic grips the market. The Federal Reserve emergency rate cut wasn’t enough to stop the bleeding on Tuesday. Only Trump can turn things around with a wave of fiscal policies to support the economy. We learnt one
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Nouriel Roubini, who predicted the 2008 crash correctly, claims global equities could take a 40% hit because of the coronavirus outbreak. Dow Jones jumped over 5% on Monday, but such volatility is indicative of a bear market rally. Roubini’s prediction may prove correct as rate cuts will fail to
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The Dow Jones Industrial Average (DJIA) surged after the Federal Reserve executed an emergency interest rate cut. But after suddenly pivoting higher, the stock market quickly erased its session gains. Here’s what’s driving the stock market’s volatile day. Despite securing a historic rally yesterday, the Dow Jones Industrial Average
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The Dow Jones printed a historical rally on Monday. History shows that big one-day gains are often unsustainable. Analysts see a lot of volatility in the coming days as the market digests developments in the presidential elections and the coronavirus. The Dow Jones just printed its biggest one-day point
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The Dow Jones crashed another 700 points on Thursday. A brief Dow recovery was ended as California Governor Gavin Newsom announced 8,400 potential coronavirus cases are being monitored in the state. Further spooking the stock market, Goldman Sachs claimed that the epidemic could cost Trump reelection in November. The
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The Dow Jones Industrial Average (DJIA) looked set to rebound from yesterday’s devastating crash. But after rallying nearly 200 points, the index lurched back into decline. Here’s why the stock market suddenly plunged back into crash mode. After yesterday’s 1,000 point Dow Jones Industrial Average (DJIA) rout, stock market
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Over the past few hours, Bitcoin (BTC) has started to tank lower once again, reaching $9,350 just an hour or two ago on some exchanges. The asset has since seen a slight bounce, returning to $9,400. This means that in the past 24 hours, the price of the leading cryptocurrency has
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The Dow Jones nosedived Monday, but investors who are willing to take a risk could use this dip to nab value stocks. Warren Buffett reminded investors not to panic over the weekend as coronavirus spread throughout Italy. While the virus is likely to dent global growth, the impact is
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U.S. stocks are falling on Thursday as a jittery Wall Street continues to eye the expansion of the coronavirus around the world. Dow bulls are nervously watching what could be a new base camp for the disease in Daegu, South Korea. The city of 2.5 million residents faces a possible quarantine. The Dow
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