Cryptocurrency Analysis and News Portal
Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin's sell-off Terra's UST collapse and multiple stablecoins losing their dollar peg begins to decrease and risk loving traders look to scoop up assets trading at yearly lows.Daily cryptocurrency market performance. Source: Coin360Despite the significant correction
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The market appears to be finding its feet and as the smoke clears, its easier to see which projects are fundamentally flawed and which are returning to their previous trading range where they were before the recent three-week downturn.Trader Joe is one of the decentralized finance (DeFi) protocols that continued
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Bitcoin just posted another shocking price movement, with the cryptocurrency’s latest rejection at $19,800 sending it as low
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Bitcoin has undergone a strong rally over the past few days as the coin has continued to see
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Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The
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Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days. Source
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After four months of a downtrend, Citi Private Bank’s strategists say global activity rebound is “extremely sharp, V-shaped in fact.” Weekly indicators show a clear rebound in corporate revenues, which means the stock market likely bottomed out in Q2. Rising liquidity, strengthening economy, and growing business productivity could catalyze stocks in the
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It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000.Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside.Bitcoin Could Soon See
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The U.S. stock market is nearing its record high as retail investors show no signs of pulling back. Stocks bull Edward Yardeni says a V-Shape recovery is in the works. Investors are showing more confidence in stocks as the economy reopens. The U.S. stock market is nearing its all-time high as investors dismiss
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Unemployment data this week is anything but promising, suggesting a V-shaped economic recovery is a pipe dream. Continuing jobless claims show people aren’t being rehired. Salary cuts across the board mean even those who have a job have less to spend. U.S. jobless claims fell for a ninth straight week on Thursday, but
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