Cryptocurrency Analysis and News Portal
Donald Trump proved Wednesday that attacking China is his top priority. Trump is even willing to fire shots at Xi Jinping despite their rapidly-unraveling trade deal. Rising tension with China will cap stock market gains – and maybe even ignite a sell-off. Before coronavirus, Donald Trump’s reelection platform was
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Bloomberg’s annual electric vehicle outlook report has found that combustion vehicle sales peaked in 2017 and that electric vehicle sales will become dominant from 2037. Tesla stock is well-positioned to benefit from this trend, which will be accelerated by the coronavirus pandemic. However, Tesla won’t be the only major
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The U.S. stock market is falling in pre-market as a top Chinese vaccine stock falls. Scientists worry that investors are prematurely optimistic about phase one trial results of vaccines. Investors are rushing to trade stocks, as retail continues to fuel the market. The U.S. stock market has rallied in
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The economy may have reached a bottom, but the stock market hasn’t. At some point, the stock market has to reflect the reality of the U.S. economy. The quick recovery many are banking on isn’t going to materialize. At the start of May, the stock market got some great
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A large New York hedge fund dumped a boatload of Tesla shares in the first quarter of 2020. The electric car company is one profitable quarter away from being eligible to enter the S&P 500. The most widely followed trader on Twitter believes that Tesla offers a massive upside.
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Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen.The world’s first cryptocurrency is
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There are some rumors about the interconnection of Bitcoin and the whole stock market. Find out three possible ways in which cryptocurrency can affect the global trade market.There have been rumors that are hovering around that even the Bitcoin crash can affect the Trade Market. These rumors are hardly believable.
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Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.The coronavirus crisis has
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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.“Bitcoin is showing divergent strength
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Bitcoin (BTC) just broke past $9,000 at 3.30am UTC. The price recovery far outpaces the Dow Jones Industrial Average, or Dow, one of the mainstream market's key barometers. Since its bottom near $3,850 on March 13, Bitcoin has pumped more than 130% in price, according to TradingView.com chart data. At its
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