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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 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...