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Ethereum is slowly recovering and trading towards the $120 resistance against the US Dollar. ETH price could climb higher sharply if there is a clear break above $120 and $124.Ethereum is showing a few positive signs above the $110 support zone against the US Dollar.It is currently testing a major
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Although there are many investors anticipating Bitcoin will fall once again, citing the global uncertainty that is epitomized by the Dow Jones’ record 3,000-point loss on Monday, there are some reasons to believe the cryptocurrency may soon mount a recovery.Related Reading: Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum
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A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency stimulus interest rate cut last week.In an announcement on March 10, Figure Technologies — which claims to be the industry’s first fintech to bring
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Since the crypto bubble of 2017-2018, investors have been waiting for Bitcoin to surmount its $20,000 all-time high.While BTC reaching a price above $20,000 seems to be a quixotic dream at best, a prominent cryptocurrency trader has suggested that the cryptocurrency is preparing for a rally to $30,000 — if
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Dow Futures are rallying as Bernie Sanders hopes of appearing on a Presidential ballot are collapsing. Joe Biden had an incredible “Super Tuesday” performing strongly across the board. Sanders had been viewed as a major risk to the Dow Jones should he be the Democratic nominee. Dow Futures rallied
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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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It has been a turbulent past few weeks for virtually every major market across the globe, with Coronavirus fears sparking an intense selloff that sent the Dow Jones, Gold, and Bitcoin all reeling lower in tandem.This correlation has shown no signs of slowing down, as the Fed just announced a
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Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight
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Bitcoin has once again started to show signs of recovery. In the past hour, the price of the leading cryptocurrency has exploded higher, from the daily low around $9,650 to as high as $9,040, a jump of 3%. While this move has not yet been sustained on a weekly basis, analysts
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Virgin Galactic is now worth $6.7 billion, despite reporting just $3 million in revenue last year. The space tourism stock is worth $1 billion more than Macy’s, which isn’t sexy – but is profitable. This disparity exposes everything wrong with the stock market. Think Tesla’s bewildering rally is the
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