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Coronavirus Recovery – The New Economic Thinking We Need


The International Monetary Fund (IMF) is calling the coronavirus-induced economic crisis “the Great Lockdown”. The phrase mimics the Great Depression of the 1920s and the Great Recession that followed the 2007-08 global financial crisis. But, while it is tempting to maintain linguistic consistency...

Bitcoin and Altcoins Recovery Could Be Short-Lived


Yesterday, we saw a strong bearish wave below the USD 9,550 support zone. It opened the doors for more losses and BTC price traded below the USD 9,200 support. The price tested the USD 8,800 support and it is currently (08:30 UTC) correcting higher above USD 9,000. Similarly, most major altcoins...

Trump Signs Deregulation Order to Boost US Economic Recovery


U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...

Bank of England Predicts Worst Economic Crash in 300 Years for UK


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...

Monero (XMR) Holds High Hopes; Reflects a Noticeable Recovery


XMR coin tries to stabilize after a 5.34% recovery; the coin keeps hitting the resistance zone While volatility keeps targeting the coin, it has attempted to come out of the recent price loss of more than 6% Monero holds a support level at around 38.20%; $62 seems to be a key resistance The 5-day...

Will Short-term Turbulence Deteriorate Dogecoin’s Month-long Recovery?


Almost a month-long recovery of Dogecoin has been halted; the coin is on the verge of a breakout The 1-week chart of DOGE/USD shows a couple of ups and downs; currently testing resistance at $0.0019 Investors may find this scenario confusing as the coin holds a bearish picture regarding...

Cardano (ADA) Halts Recovery; Nosedived to $0.0354


Cardano’s value has been shrunk by 1.23% in the last 24 hours The coin retests $0.035 mark after hitting $0.034 ADA/USD may find its next halting point around $0.036389 Cardano coin has not been able to get itself out from the cycle of ups and downs. Over the last 24 hours, it has been down...

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