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Bitcoin Surrenders Post Fed Rate Cut; Pullback Awaited
Bitcoin slipped below $10,000 on Thursday after the Federal Reserve cut benchmark lending rates by 25 basis points. The BTC/USD instrument settled a new session low towards $9,585. 86 on San Francisco-based Coinbase exchange. дальше »
2019-9-19 16:00 | |
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“Bitcoin Price Rocket Fuel”: Trump Lambasts Federal Reserve After Rate Cut
Bitcoin (BTC) bulls took in a massive breath of fresh air on Wednesday as the Federal Reserve (Fed) revealed that it would be cutting its policy interest rate… again. They say that the direction in which the macroeconomic backdrop is heading will only be bullish for an asset like BTC, which is non-sovereign, decentralized, and. дальше »
2019-9-19 15:00 | |
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Dow Futures Sink and Furious Donald Trump Rages at 'Gutless' Fed
Dow Jones Industrial Average (DJIA) futures plunged lower in early trading Thursday. It comes after the Federal Reserve cut the target base rate by 25 points, as expected. But the stock market, not to mention Donald Trump, didn’t get what they wanted: a commitment to deeper, long-term cuts. дальше »
2019-9-20 12:57 | |
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FED Cuts Rates Again, Floods US Markets by Bitcoin Market Cap Equivalent
Things are going from bad to worse for the US financial system as it slides ever closer to recession. As bearish signals mount up the Federal Reserve found itself needing to step in again to attempt to rescue what is becoming an increasingly desperate situation. дальше »
2019-9-19 09:00 | |
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Dow Mounts Stunning Recovery to Erase Brutal 200-Point Loss
The Dow Jones dropped sharply after the Federal Reserve cut interest rates by 25 basis points to 1. 75%, only to mount a stunning recovery in late afternoon trading. The US dollar surged, with Treasury yields hitting the Dow hard as the stock market trembled under the extraordinary situation of three FOMC members dissenting. дальше »
2019-9-19 23:01 | |
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Trump Buries Fed Chair Jerome Powell After ‘Gutless’ Policy Decision
The Federal Reserve’s quarter-point rate cut on Wednesday was met with hostility by President Trump, who blasted Chairman Jerome Powell for lacking vision and being totally ‘gutless’ about helping the American economy. дальше »
2019-9-19 22:08 | |
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How Every Fed Member Voted on Today's Interest Rate Cut
As expected, the Federal Reserve voted to reduce its interest rate target to 1. 75% to 2. 00% at its September policy meeting. The US central bank has now cut interest rates at two consecutive FOMC meetings, after not cutting rates for more than ten years amid the US economy's longest-ever expansion. дальше »
2019-9-18 21:39 | |
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Recession-Blind Federal Reserve Cuts Interest Rates to 1.75%
The Federal Reserve’s recalibration of monetary policy continued Wednesday, as officials voted to lower the benchmark interest rate by 25 basis points. Although the decision was widely expected, traders had grown skeptical about the prospect of another rate cut in the days leading up to the meeting. дальше »
2019-9-18 21:10 | |
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Why One Key Troubled Sector Could Ruin Strong U.S. Stock Market Rally
As markets approach the year’s end, the sentiment around the U. S. stock market is improving with important fundamental sectors like housing and manufacturing outperforming the expectations of analysts amidst a pending Federal Reserve rate cut. дальше »
2019-9-18 15:59 | |
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Dow Flat-Lines as Stock Market Awaits Vital Fed Decision
The Dow Jones flat-lined on Tuesday as the Federal Reserve began their deliberations for the September interest rate decision. Though markets still fully expect a rate cut, recent economic developments have suggested that Jerome Powell’s easing cycle might not be as aggressive as Dow bulls first thought. дальше »
2019-9-18 22:57 | |
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Canada Revenues Agency Goes After QuadrigaCX Taxes
QuadrigaCX, the Canadian crypto exchange that closed in January 2019, went through an arduous process and a bankruptcy procedure. Now, the taxman moves in for their cut, demanding tax returns dated between October 2015 and September 2018. дальше »
2019-9-17 20:00 | |
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WeWork’s parent company is reportedly delaying its idiotic IPO plans
The Wall Street Journal reports that The We Company, which owns co-working space provider WeWork, is putting its plans for an IPO on hold. Finally, good sense prevails at the firm. The real estate company had achieved a private valuation of $47 billion back in January, but that’s since been cut down to $10 billion. дальше »
2019-9-17 10:21 | |
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Here’s How Europeans Can Deal With Negative Interest Rates
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0. дальше »
2019-9-17 02:33 | |
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Here’s Why the Fed Is Getting Cold Feet About Cutting Interest Rates
Will the Federal Reserve cut interest rates after its meeting on Wednesday? If you asked traders this question a few weeks ago, they would tell you with more than 95% certainty that another rate cut was happening in September. дальше »
2019-9-17 01:00 | |
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Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting
The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the US central bank will adopt its second straight interest rate cut. That move should bolster the stock market, but does it mean anything for bitcoin? Will Interest Rate Cut Ignite Bitcoin Price Boom? Nigel Green, the founder of $10 billion […] The post Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting appeared first on CCN.com дальше »
2019-9-17 18:43 | |
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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. дальше »
2019-9-16 01:30 | |
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S&P Breakout to New Highs Underway as ECB Cuts Rates to Record Low & Restarts QE, BTC & Gold Falls Flat
This Friday the 13th, there is nothing that is spooking investors. This week several market events unfolded that has the S&P 500 and Dow Jones Industrial Average both coming close to touching the record highs. дальше »
2019-9-13 20:21 | |
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Dow Secures 7th Straight Gain Despite Skyrocketing Inflation
The Dow continued its rally to the brink of all-time highs on Thursday, as the ECB’s stimulus package raised expectations for the Federal Reserve to cut rates next week. Traders also mulled the possibility of Trump offering a trade war olive branch to China, adding to the bullish mood on Wall Street. дальше »
2019-9-13 22:20 | |
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Bitcoin Bulls Welcome Trump’s Call for Negative Rates
US President Donald Trump on Wednesday urged the Federal Reserve to cut interest-rate down to zero or even steer in negative rates. Meanwhile, investors in the bitcoin market embraced Trump’s comments excitedly, believing they are bullish for the cryptocurrency. дальше »
2019-9-12 19:00 | |
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Trump’s Call to “Bonehead” Fed to Cut Rates Is Tantamount to Shilling Bitcoin and Gold
In a desperate attempt to salvage the failing U. S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price of assets such as gold and bitcoin proliferate. дальше »
2019-9-13 15:53 | |
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UK Banks Fined $66 Billion For Insurance Fraud; Bitcoin Still Bad?
The arguments as to why bitcoin is superior to the banking system are pretty clear cut to anyone that has used it. A decade ago BTC was conceived to cut out the fatcat middlemen and allow people to transact between themselves. дальше »
2019-9-12 15:30 | |
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THC cartridges linked to multiple deaths: Here’s how to vape loose-leaf instead
Hundreds of people across at least 25 US states have been afflicted with a mysterious lung illness linked to tainted THC cartridges. At least six are dead. Government officials and medical professionals urge people to immediately cease using these products. дальше »
2019-9-12 23:19 | |
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Nova Scotia Supreme Court Approves Relocation of QuadrigaCX Bankruptcy Case to Toronto
A judge of the Nova Scotia Supreme Court has agreed to a request to move the ongoing QuadrigaCX case from Halifax to Toronto, Ontario. According to a report by Global NewsSeptember 10, 2019, the transfer would drastically cut down expenses as most of the victims are based in Toronto. дальше »
2019-9-12 21:00 | |
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Litecoin Down 35% Since Halving, Will Bitcoin Follow the Same Path?
Bitcoin price drops to $63 and hash rate takes a hit of 39% LTC price doesn't have a relationship with stock to flow Bitcoin bull market has just started, with 100x opportunity On August 5th, Litecoin halving went into effect and the reward was cut into half. The price had already enjoyed a good surge, […] дальше »
2019-9-1 05:03 | |
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Bitcoin Price Crash is Burning Man’s Fault & Fed Will Cut Rates 3x: Tom Lee
Fundstrat co-founder Tom Lee claims this week’s bitcoin price nosedived because the crypto-sphere is distracted by the Burning Man festival. Moreover, Lee predicts the Federal Reserve will cut interest rates 75 basis points by the spring of 2020. дальше »
2019-8-31 17:15 | |
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Dow Spikes as Trump Teases New ‘Economy Boosting’ Tax Cut
The Dow strung together its third straight triple-digit advance on Friday, seeking to end the week with a bang after President Trump teased a new tax cut that supporters say would grow the economy, extending the longest expansion in US history. дальше »
2019-8-31 16:35 | |
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Prominent Investor Says Bitcoin Has “Failed” As a Safe Haven: BTC Slips 5%
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset. You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books. дальше »
2019-8-29 15:00 | |
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Bitcoin to Benefit From Federal Reserve’s Aggressive Easing
The US Federal Reserve’s (Fed) aggressive easing might support Bitcoin’s bullish price trend at least up to 2020. Meanwhile, the cryptocurrency might also get a parallel boost from the upcoming halving event. дальше »
2019-8-29 21:00 | |
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Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020
For both those involved in Bitcoin and traditional markets, all eyes have been on the Federal Reserve over the past few months. Related Reading: Bakkt Physically Settled Bitcoin Futures Product to Launch in September Many analysts claim that whatever the American monetary authority decides to do with monetary policy will dictate the direction for global. дальше »
2019-8-28 15:00 | |
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Nanotechnology promises to revolutionize global nutrition — but it might be dangerous
Proponents of nanotechnology say it will revolutionize farming and global food systems, with applications being explored that could cut waste, make food safer and help create ‘super crops’ that escape the controversial label of genetically modified organisms (GMOs). дальше »
2019-8-24 12:00 | |
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Trump Readies Fed Rate Cut amid Dow Plunge but Is It too Late?
By CCN Markets: The Dow Jones has plunged by well over 2 percent in a single session on Friday as U. S. President Donald Trump issued a stern warning towards China. Ahead of the G7 Summit, President Trump expressed his displeasure on the progress of the trade talks between the U. дальше »
2019-8-24 23:50 | |
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Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien
By CCN Markets: Wall Street veteran Byron Wien has a reputation as a prognosticator in the stock market, and so when he makes predictions, you might want to listen up. Wien, who at the beginning of the year predicted the S&P 500 would advance 15 percent in 2019, is reportedly so impressed by the stock […] The post Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien appeared first on CCN Markets дальше »
2019-8-21 21:00 | |
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Forget NYC: Amazon's REAL HQ2 Just Opened 8,000 Miles Away
By CCN Markets: Forget New York City. Amazon just cut the ribbon on its real HQ2, and it's located 8,000 miles away. Hyderabad, the largest city in India’s state of Telangana, is now the home of the largest Amazon campus anywhere in the world. дальше »
2019-8-21 18:45 | |
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Mark Mobius Says Imminent Rate Cut Will Boost Demand For Bitcoin And Gold
Today, Mark Mobius, market fund manager and the founder of Mobius Capital Partners LLP, appeared in an interview with BNN Bloomberg where he said that demand for cryptocurrencies will increase and boost the demand for gold owing to the imminent interest rates cuts by central banks. дальше »
2019-8-21 00:42 | |
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Bitcoin has emerged as an option to opt-out of present financial system, claims Real Vision’s Raoul Pal
In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued. дальше »
2019-8-21 21:30 | |
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Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates
Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will help boost the price of gold
дальше »2019-8-21 13:56 | |
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Anti-abortion groups found a way around Google’s new ad policy
In May, Google announced plans to crack down on misleading advertisements from anti-abortion groups that present themselves as abortion clinics online. In the tech giant’s initial update, it changed its “Healthcare and medicines” policy after numerous allegations that it provided $150,000 in free adverts to an anti-abortion group known for running misleading ads designed to discourage women from terminating their pregnancies. дальше »
2019-8-20 13:06 | |
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Fed's Bullard Deflates Stock Market's Hope of Early Rate Cut
By CCN Markets: If you were hoping that the Federal Reserve would commission an urgent gathering to discuss the fate of interest rates and save the stock market, you're out of luck. James Bullard, who is at the helm of the Federal Reserve Bank of St. дальше »
2019-8-16 21:10 | |
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Litecoin Hash Rate Drops Over 21% Since Reward Halving
On August 5, Litecoin experienced its second reward halving that cut down its miners’ reward in half from 25 coins per block to 12.5 LTC per block. Before the halving that occurs every 840,000 blocks and roughly every four years, the hash rate of Litecoin network climbed to it's all-time high at 523.8 Th/s on […] дальше »
2019-8-10 20:35 | |
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Market Watch: Bitcoin Could Launch To New Highs As Stocks Sink
Bitcoin has been making progress since the rate cut by the U.S Federal Reserve. Since then, Bitcoin has risen from $9,000 to over $12,000 and still pushing despite the crashing stock market. Bitcoin’s progress is not about to stop, as Bitcoin bull and head of research at Fundstrat, Tom Lee says the stock market may […] The post Market Watch: Bitcoin Could Launch To New Highs As Stocks Sink appeared first on ZyCrypto. дальше »
2019-8-8 20:23 | |
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Capital Flight from China Causing Bitcoin’s Pump: Kyle Bass
Well known fund manager of Hayman Capital Management, Kyle Bass, believes that the current run-up in Bitcoin is has been caused by global trade tension, Yuan devaluation, and capital leaving China. In an interview with Yahoo, Kyle emphasized that while capital is leaving China through gold and Bitcoin, the rising market will be cut short byRead MoreRead More. дальше »
2019-8-8 19:00 | |
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Bitcoin Price Holds Support as 4-Hour Golden Cross Forms
The euphoria as bitcoin price raced into the $12,000 zone was cut short yesterday as it dumped even faster. The minor retreat was halted by support and BTC appears to be slowly climbing back up during Asian trading again today. дальше »
2019-8-7 11:36 | |
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Cashless Transaction Volumes Reach new Highs, Global ATM Machines Decline
The growth of fintech’s market share is putting real pressure on traditional banks to revise their business model. Cashless transactions are witnessing new all-time highs while banks cut down on ATM units and local branches. дальше »
2019-8-5 21:00 | |
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