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U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging
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The year was 2009 and the dollar had just recovered from The Great Recession. Bitcoin was born and
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Chris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.” See also: SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk-Avoidance: Peirce Source
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Ray Dalio has warned investors of the perils of holding cash. He argues the U.S. dollar has become a risky asset as a result of fiscal stimulus and debt production.The market would largely agree with Dalio’s assessment, given its fight to gold, other currencies, and equities.But the flight away from
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For BitMEX, 2020 has been quite a rough year and from the look of things it’s only set to get worse. The popular derivatives exchange is no longer as relevant and impactful on crypto market price action as it was 2 years ago, but a significant short-term price correlation among top
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Rebel Wilson showed off her a new hair makeover and slimmer figure on her Instagram story.The Pitch Perfect actress has documented her impressive weight-loss transformation on her Instagram page with various glamourous snaps.Is her weight loss for the right reasons, or is she perpetuating a bigger problem with the Hollywood
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CELO was among the few cryptocurrencies that posted gains in the last 24 hours. The 34th-largest crypto token surged
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Once Tom Brady left and Cam Newton was released by the Panthers, many assumed he would eventually land in New England. While he may be the team’s best chance to win this year, that doesn’t mean fans are going to accept him. Fans who wish athletes would leave their politics out of
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Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank
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Bitcoin price has been consolidating for months, but the current level may soon be lost completely if bulls can’t quickly reclaim $9,400. If the first-ever cryptocurrency can’t do so, the asset is at risk potentially for a substantial drop as a result. What’s so important about this level, and why does
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