Bitcoin Price Hangs on to Key Support Level as Stocks and Oil Tip Over
Imploding oil prices and a second day of losses in the S&P 500 and Dow have Bitcoin investors worried about its short-term price action Go to Source Powered by WPeMatico
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Imploding oil prices and a second day of losses in the S&P 500 and Dow have Bitcoin investors worried about its short-term price action Go to Source Powered by WPeMatico
Bitcoin price held steady at $6,850 even as oil prices dropped to historically low prices not seen in nearly a lifetime Go to Source Powered by WPeMatico
After major system outages in March, Robinhood is reportedly raising $250 million from investors like Sequoia Capital Go to Source Powered by WPeMatico
Former Bakkt CEO and Georgia senator Kelly Loeffler will sell all her holdings with her husband following accusations of insider trading Go to Source Powered by WPeMatico
In just weeks since the advent of the novel virus corona, also known as the COVID-19, its impact has been massive. As of now, only 29% of the active cases (people who are infected and still undergoing treatment) of the coronavirus are in China. The remaining chunk of 71% is spread across other parts of … Read more
Bitcoin bulls pursue a trend change by pressing the price to $6,744 but $6,600 needs to hold as support in order to avoid a retest of the $6,200 support Go to Source Powered by WPeMatico
Options trading provides a unique type of insurance to traders and limits the possibility of being liquidated, a frequent occurrence in futures trading Go to Source Powered by WPeMatico
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe … Read more
Traders expect Bitcoin price to struggle in flipping $6,600 from resistance to support but a more meaningful milestone awaits at $6,900 Go to Source Powered by WPeMatico
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. Also read: US Cash Crisis: Withdrawal … Read more