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Bank of England Predicts Worst Economic Crash in 300 Years for UK
10.5.2020
The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make...
Bitcoin (BTC) Aces the Comeback After the March Crash in Comparison to Gold
9.5.2020
Bitcoin price corrects downwards after swinging and hitting a 10-week long resistance slightly above $10k with only 2 days to halving remaining. However, this time the trend before halving seems to be quite different, unlike the one seen in 2012 and 2016. And, this time, analysts and influencers...
Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
6.5.2020
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on...
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
3.5.2020
The US manufacturing activity has plunged to a record low, indicating that the country has entered into a deeper recession. “This recession is the quickest deterioration in economic activity ever recorded,” an economist explained. This data is accompanied by collapsing global demand...
Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1
2.5.2020
TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance
Bitcoin Soars to Pre-Crash Levels, Breaks Above Key Technical Barrier
29.4.2020
The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart.
As of press time (11:40 UTC), bitcoin is up...
Bitcoin Hits $8K Erasing Coronavirus Crash — 13 Days Till Halving
29.4.2020
Bullish Bitcoin continues to surprise with a return to $8,000 — not seen for over seven weeks
Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in
28.4.2020
Sellers eye $8,000 as an area for short-term reversal and a major Bitcoin whale says the halving is already priced in
Bitcoin Hits Highest Level Since Black Thursday Amid Halving Buzz
27.4.2020
Bitcoin's upward momentum is gathering pace just two weeks ahead of halving, with prices hitting the highest level since last month's crash
Crypto Firms Brace as World Bank Predicts 20% Crash in Global Remittances
24.4.2020
The World Bank is predicting that the half-trillion-dollar remittance industry will fall by 20% this year
Bitcoin Soars to Its Highest Level Since Crashing in March
24.4.2020
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...
Bitcoin Rallies, Almost Hits Pre-Crash Level, Ethereum & Co Jump Too
23.4.2020
The most popular cryptocurrency, bitcoin (BTC) rallied on Thursday sharply, almost recovering all losses suffered on Black Thursday in March.
At pixel time (14:55 UTC), BTC trades at c. USD 7,573 and is up 5% in an hour and 6% in a day. The price increased 8% in a week and 12% in a month.
BTC...
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Bitcoin Under Pressure After Oil Prices Crash to Record Lows
21.4.2020
The top cryptocurrency is looking weak after Monday's big crash in the oil markets
Predicted Market Crash, Foretold Market Explosion, and 20 Crypto Jokes
18.4.2020
The Cryptoverse brought us quite a few interesting stories this week. Lower USD interest rates, combined with the inflation and crypto volatility could bring greater demand for stablecoins and cryptocurrencies, and while Silk Road founder predicts that there will soon be another market crash before...
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
DeFi Market Cap Back Above $1 Billion After March Market Crash
15.4.2020
DeFi protocols are proliferating, with nearly the 250 actively traded tokens underpinning decentralized finance projects exceeding $1 billion
Bitcoin Forecast From Prison: Prepare to Buy, Crash Incoming
13.4.2020
This image is said to be hand-drawn by Ross Ulbricht in prison: \"I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole. Then I drew this picture of me in my cell.\" Source: a screenshot, Instagram/freerossulbricht
Before Bitcoin (BTC)...