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MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
20.4.2020
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
Crypto Traders Warn Big Bitcoin Price Plunge Is Around the Corner After Stagnancy
17.4.2020
Traders identify stagnant open interest, low volume and repeated failed tests of resistance as reasons for a major Bitcoin pullback
Chart Pattern Resurfaces That Saw Bitcoin Plunge From $10K to $3.6K
14.4.2020
The same fractal that brought Bitcoin from $10,500 to $3,600 is playing out. But, two key variables may soften the correction
This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K
4.4.2020
Technical analysts say the recent Bitcoin price trend resembles Elliot Wave and Wyckoff patterns, which may lead to new lows in the near-term
Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up
1.4.2020
Consumer purchasing is significantly down for Q1, according to reports from both credit card companies and cryptocurrencies
Why Today’s BTC Difficulty Adjustment May Cause the Price to Plunge
25.3.2020
Today’s Bitcoin mining difficulty adjustment may be an ominous sign for its price
Cash Crisis: National Currencies Plunge in the Wake of Coronavirus
24.3.2020
Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.
The post...
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Bitcoin Hodlers Not to Blame for Record 50% Price Plunge, Data Reveals
18.3.2020
It is young Bitcoins which are involved in the trading frenzies of 2019 and 2020, new findings suggest
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
14.3.2020
Check the bad crypto news of the past week
Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000
13.3.2020
The price of Bitcoin dropped by 50% to $3,600 in merely eight hours: Top crypto traders explain why
Bitcoin Hits 10-Month Low Below $6K Alongside Stock Markets Plunge
12.3.2020
Bitcoin is in turmoil on Thursday, having quickly plunged to below $6,000 for the first time since last May
Bitcoin’s Plunge Due to Traditional Markets Falling or PlusToken Dumping?
10.3.2020
Experts weigh in on Bitcoin’s falling price — is it due to traditional markets falling, or alleged PlusToken scam selling?
Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data
9.3.2020
Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago
Asset Ratings Giant Morningstar Takes First Plunge Into Blockchain Securities
9.3.2020
As part of a $39.7 million investment in FAT Brands, DBRS Morningstar has for the first time rated securities issued on a blockchain
Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures Plunge
9.3.2020
Bitcoin price loses the $8K level in a bloody Monday for markets across the board
Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
1.3.2020
Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains....
XRP Consolidates Above $0.23 after Partly Healing from the Recent Price Plunge
28.2.2020
Ripple price is currently struggling to remain above $0.24; price recovery is facing hurdles The coin is not even halfway concerning its rebound from the recent price drop Today’s price actions have been moderately bearish yet impulsive; As per technicals, the coin is heading towards a bullish zone...
XRP Price Nosedives at $0.24 and Records 11% Plunge in 24 Hours
26.2.2020
Ripple (XRP), at the time of penning down this analysis, was seen trading around $0.240 and was seen forming a consequent falling wedge for the second time since the start of the year XRP/USD has experienced an intraday fall of over 11% from the yesterday’s high of $0.270 and therefore, appears...