First Mover Asia: Bitcoin Soars Past $44K as Ukraine Tensions Lessen
Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict. Source
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Tensions
Market Wrap: Cryptocurrencies and Stocks Drop as Russia-Ukraine Tensions Rise
Bitcoin (BTC) and other cryptos reacted negatively to geopolitical risks on Friday. Some firms expect BTC's decline to stabilize around May, especially as the cryptocurrencies market cap rises relative to altcoins. Source
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Crypto Investments Seem Less Vulnerable to US-China Tensions
With U.S.-China tensions continuing to burn, some investors are feeling the heat. Friction between the world’s two largest economies has taken a toll on venture funds investing in non-crypto startups. Investment in the blockchain industry, however, may be less affected. Crypto companies’ unique fundraising processes and decentralized nature provide some protection
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PUBG Becomes Latest Battleground in Escalating India-China Tensions
India has banned over 100 apps with links to China. Among them is one of the country’s most popular games, PUBG Mobile. The move comes against the backdrop of a border dispute between the two countries. As tensions between India and China rise over a disputed border in the Ladakh region, the Indian
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S&P 500 Falls while Gold Price Breaks Records on U.S.-China Tensions
The compounding economic uncertainty due to the rising COVID-19 cases and the growing tensions between the U.S. and China have caused the gold price to soar higher taking them at their record-high levels of 2011.On Friday, July 24, the S&P 500 (INDEXSP: .INX) closed the week 20 points lower on
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Dow Struggles as Coronavirus Panic Inflames U.S.-China Tensions
The Dow Jones struggled on Thursday as the Trump administration changed its tune on China’s handling of the coronavirus epidemic. Top economic official Larry Kudlow stated the U.S. is “disappointed” with how events were playing out. Despite an inevitable economic shock, some Dow bulls believe the spike in infections could be good
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Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US
Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian government decided to launch a missile attack on an Iraqi military base housing American troops.However, it
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Bitcoin, Oil and Gold Jump because of U.S.-Iran Tensions
Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks
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Bitcoin Set For Breakout Amid Escalating Iran Tensions
Bitcoin could be set for a major breakout as escalating tensions between the US and Iran drive investors to safe-haven assets, with cryptocurrency and gold values surging. Tensions in the Middle East reached a critical point on Thursday after US President Donald Trump ordered a drone strike on a vehicle convoy
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Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate
Bitcoin’s recent price jump after the U.S. killing of a top Iranian general has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil. The cryptocurrency changed hands around $7,500 on Monday, up about 10 percent since
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