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20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
20.5.2022
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
Bitcoin Plunges Most in Two Months Amid Stock Market Selloff
5.5.2022
Bitcoin dropped more than 7% on Thursday. The price drop appeared synced with a broad selloff in stocks and bonds
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
GameStop Fans Dissect Chairman's Poop Tweet For Meme Stock Clues
6.4.2022
GameStop’s most enthusiastic investors don’t believe in the dying retailer. They believe in Ryan Cohen, its tech-savvy chairman and potential savior. If you want proof of the billionaire backer’s cult of personality, look no further than his post yesterday about poop.Read more
Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...
Russian Ruble Crypto Trading Falls Again as Moscow Stock Market Opens, RUB Rises
24.3.2022
The stock market in Moscow opened again on Thursday after staying closed for a month following Russia’s invasion of Ukraine. Meanwhile, crypto trading with Russian rubles (RUB) continues to see falling volume on the largest international exchange, Binance....
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Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite
22.3.2022
China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when cryptocurrency and broader markets have pulled back from their peaks
South Korea’s Next President Might Create Parity for Crypto and Stock Market Traders
12.3.2022
South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach....
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Crypto-related stocks jump in positive reaction to executive order
10.3.2022
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms
Robert Kiyosaki Says ‘We Are in Biggest Bubble in World History’ — Warns Government Will Seize All Cryptocurrencies
10.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has made some gloomy predictions about the economy and the future of cryptocurrency. Besides warning that we are in the biggest bubble in world history, Kiyosaki has predicted that the government will seize...
Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market
9.3.2022
Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too....
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Bitcoin rebounds over $41K after painting a 'bullish hammer' — Can BTC hit $64K next?
28.2.2022
Yes, if the signs of bottoming out coming from the U.S. stock market are true
Bitcoin investors 'buy the dip' as BTC nears $40K, gaining 16% in less than 24 hours
25.2.2022
While the number of Bitcoin addresses holding small quantities of BTC continues to increase
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
24.2.2022
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On...
Bitcoin plunges as Putin announces 'special military operation' in Ukraine
24.2.2022
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....
Major Exchange LBank Wishes Lunar New Year via NASDAQ Billboard on Times Square NYC
6.2.2022
PRESS RELEASE. On 1st Feburary, 2022, LBank Exchange promoted the wishes to the world through Times Square NYC – NASDAQ Billboard, for the celebration of the Chinese lunar New Year. Times Square New York is a major commercial intersection, and NASDAQ MarketSite is the marketing presence...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
4.2.2022
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press....