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US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say


The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...

This Crisis Is Good For Bitcoin, But Beware of Recession - Luno CEO


The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned. Crypto was born out of...

Bitcoin Breaks the Bullish Streak as It Gets Hit an Intraday Accumulation


Bitcoin (BTC), at the time of writing this analysis, was trading above $6k at $6,376.89 and retained support from 50-day daily MA. The downtrend that started in the previous week experienced a bullish engulfing as the price of BTC rose above $6k after briefly retesting major support at $5,800....

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