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Fed Fails to Calm Markets; Bitcoin, Gold Slide Alongside Stocks
16.3.2020
The number one digital asset, bitcoin (BTC), once again saw heavy selling on Monday, after news came out on Sunday that the U.S. Federal Reserve (Fed) is taking emergency measures to mitigate the financial devastation that is currently going on around the world.
As announced by the Fed on Sunday...
Bitcoin Slides 15% to $4.5K as Stocks Brace for ‘Black Monday’ Repeat
16.3.2020
Bitcoin stays bearish as a new “Black Monday” scenario gets underway across global markets
‘Not a Drill’ — Business as Usual for Bitcoin as Fed Bails out US
16.3.2020
“No circuit breaks, no bailouts” — Bitcoin functions flawlessly without intervention, despite the global market panic
Cash Is the New Safe Haven as Crypto, Gold Continue to Tank
12.3.2020
It turns out cold, hard cash with a helping of government bonds - not bitcoin or gold - is where people turn to in the face of a pandemic and "apocalyptic" market turmoil
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
12.3.2020
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies
Bitcoin Tackles $6K After 20% Crash as Stocks Rival 1987 Apocalypse
12.3.2020
The FTSE alone mimicked its near-death experience from 33 years ago as Bitcoin attempted to stem its own 20% nightmare
Forbes Report: World’s Top 10 Billionaires Lost $38B on Black Monday
10.3.2020
The world’s top 10 billionaires including Facebook CEO lost a combined $38 billion on Black Monday, according to Forbes
Robinhood Crypto and Stock Trading App Is Down Second Monday in a Row
9.3.2020
Robinhood experiences another technical outage, causing its clients to be unable to trade stocks and crypto
VIX Index Shows Stocks ‘Fear’ Most Since 2008 Crisis, Birth of Bitcoin
9.3.2020
Not everyone is concerned about the current market crash despite near-record losses
$9K Bitcoin Price Beats Stocks as Volatility & Fiat Fall Flat
7.3.2020
Bitcoin price is gaining in the face of huge losses for both stocks and fiat currencies worldwide
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...
Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage
3.3.2020
Some disgruntled traders want to file a class action suit against Robinhood for purported trading losses during a day-long system outage
Bitcoin Holds $8.7K as Concern Mounts Over Coronavirus Stocks ‘Party’
3.3.2020
Bitcoin and traditional markets seem to trade roles as crypto stability contrasts stocks volatility
Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ
2.3.2020
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads
Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear
27.2.2020
The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds
Bitcoin Tests $8.8K as Coronavirus Makes Stocks ‘Bargain Basement’
27.2.2020
Bitcoin needs to keep its 200-day moving average in this week’s “bargain basement” market
Bitcoin’s Safe Haven Status Questioned as Selling Hits Stocks, Crypto
25.2.2020
With stock markets globally selling off sharply due to renewed fears of coronavirus outbreak outside of China, many market players are now scratching their heads over bitcoin’s price reaction, putting into question the much-discussed bitcoin-as-a-safe-haven narrative.
As of press time on Tuesday...
Billionaire Investor Tim Draper Quit Stocks for Bitcoin 6 Months Ago
25.2.2020
Tim Draper now has “a lot” of his portfolio in Bitcoin after exiting “frothy” public stocks
Bitcoin’s Coronavirus Selloff Throws Cold Water on Safe-Haven Argument
24.2.2020
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
21.2.2020
Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event