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Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
14.3.2020
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...
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
COVID’19 Traps World Economy: US & Indian Stock Markets Crash While Crypto Market Turns Green
6.3.2020
COVID’19 broadly known as Coronavirus Disease 2019 is posing as a menace to the global economy where we see increasing number of deaths being recorded every day. The deadly virus that started from China is now a part of almost all the major countries interfering in the economies, making itself...
Coronavirus Hits Crypto, Buffett Beef, Craig Wright a ‘Disgrace’: Hodler’s Digest, Feb. 24–Mar. 1
1.3.2020
In this week’s Hodler’s Digest, coronavirus panic spreads to crypto, Anthony Pompliano says Warren Buffett is out of touch, and Craig Wright is branded as a “disgrace”
Crypto Markets Turn Red, Indian Stock Markets Post Record Highs Amid Election Results
23.5.2019
Following a mild correction which began yesterday, crypto markets have today tipped into deeper red with bitcoin (BTC) today dropping below the $7,600 mark
Global Markets Recover As Investors Become Optimistic Of A Deal
14.5.2019
There has been a slight turnaround in the global stock market after a fall on Monday due to the escalating trade war between the US and China. The Chinese retaliated with a tax imposition of $60 billion worth of American goods. The US and the European futures rose, and the Asian stocks fell by...