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Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
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
Bitcoin Price Flips $9K Resistance as Dow Jones Leads Coronavirus Woes
6.3.2020
Bitcoin is still above $9,000 as markets so far show no adverse reaction to the latest coronavirus stocks misery
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
Bitcoin Will Beat Dow Jones to 40,000: Tom Lee Doubles Down on BTC
11.2.2020
Tom Lee believes that the Dow Jones will hit 30K before Bitcoin, but that Bitcoin will hit 40K before the Dow Jones
Crypto Assets Outshine Most Traditional Investments in 2019
29.5.2019
Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil,...