Bitcoin (BTC), the world’s first digital currency has notably outperformed other institutional assets in the first quarter of 2021. The ongoing parabolic run in the price of the cryptocurrency, though, has reignited the talks of it being a bubble amongst the coin’s critics, has endeared it more to institutional investors, some of whom are using
Bitcoin (BTC), the world’s first digital currency has notably outperformed other institutional assets in the first quarter of 2021. The ongoing parabolic run in the price of the cryptocurrency, though, has reignited the talks of it being a bubble amongst the coin’s critics, has endeared it more to institutional investors, some of whom are using
On Sunday, the U.S. Fed Chairman hinted on more ‘BRRR‘ programs, and shunned negative interest rate plans as he shines light on the grim state of the global economy. Nevertheless, his address seems to have a positive result on all asset classes, even the stock markets. The key highlights of Jemore Powells’ media interview was
On Sunday, the U.S. Fed Chairman hinted on more ‘BRRR‘ programs, and shunned negative interest rate plans as he shines light on the grim state of the global economy. Nevertheless, his address seems to have a positive result on all asset classes, even the stock markets. The key highlights of Jemore Powells’ media interview was
Bitcoin’s correlation with the stock markets has been a worrying signal for the investors as economists call out an extended U-shaped recovery in stocks. Nevertheless, the trend seems to have broken away lately as the stock market gains seem to have capped below $3,000, while Bitcoin has continued to trade above $9000. The price of
Bitcoin’s correlation with the stock markets has been a worrying signal for the investors as economists call out an extended U-shaped recovery in stocks. Nevertheless, the trend seems to have broken away lately as the stock market gains seem to have capped below $3,000, while Bitcoin has continued to trade above $9000. The price of
Bitcoin investors on the edge over the impact of the oil price fall on the stock market following the established correlation with the traditional assets. Bitcoin price was compelled to retreat from the highs above $7,000 following a historical fall in the price of oil. The drop comes after an eventful previous week when Bitcoin
Bitcoin investors on the edge over the impact of the oil price fall on the stock market following the established correlation with the traditional assets. Bitcoin price was compelled to retreat from the highs above $7,000 following a historical fall in the price of oil. The drop comes after an eventful previous week when Bitcoin
On April 20, the West Texas Intermediate (WTI) crude oil futures for May delivery fell 305 percent to -$36.73 a barrel in the NY session. It was a bloodbath. A hint of how market forces of supply and demand shape prices. For once, traders and the investment community pinned this to the effects of coronavirus
On April 20, the West Texas Intermediate (WTI) crude oil futures for May delivery fell 305 percent to -$36.73 a barrel in the NY session. It was a bloodbath. A hint of how market forces of supply and demand shape prices. For once, traders and the investment community pinned this to the effects of coronavirus
The spot prices of oil dropped to $0.01 on Monday, as it inks a historic day in trading. It occurred on the last day of the futures contract expiration for the month of April. Nevertheless, there was a lot of discrepancy between the spot price and the futures price as it went as low as
The spot prices of oil dropped to $0.01 on Monday, as it inks a historic day in trading. It occurred on the last day of the futures contract expiration for the month of April. Nevertheless, there was a lot of discrepancy between the spot price and the futures price as it went as low as
Global equity benchmarks, the Dow Jones Index and S&P 500 Index skyrocketed to log best weekly gains 1974. Gold records a 2.3% rise as heads closer to $1700 mark. Bitcoin price stays above $7,200 with low volatility in the last couple of days. The employment numbers in the US soared to $17 million in the last
Global equity benchmarks, the Dow Jones Index and S&P 500 Index skyrocketed to log best weekly gains 1974. Gold records a 2.3% rise as heads closer to $1700 mark. Bitcoin price stays above $7,200 with low volatility in the last couple of days. The employment numbers in the US soared to $17 million in the last
In a weekend of red markets, crude oil prices dipped over 27% a barrel to trade at $30 USD in the US as Saudi Arabia’s price wars with Russia continues. Bitcoin (BTC), has however not performed any better, slipping over 10% over the weekend as the price plummeted below the $7,800 key support level. Bitcoin
In a weekend of red markets, crude oil prices dipped over 27% a barrel to trade at $30 USD in the US as Saudi Arabia’s price wars with Russia continues. Bitcoin (BTC), has however not performed any better, slipping over 10% over the weekend as the price plummeted below the $7,800 key support level. Bitcoin
Gold and Bitcoin prices are turning bullish as China struggles to contain the Coronavirus. The death toll due to the virus keeps on increase, reportedly, over 80 now. Patients of the epidemic have been reported across 15 countries including South Korea, California in the US, Thailand, Pakistan and so on. The condition is strongly affecting
Gold and Bitcoin prices are turning bullish as China struggles to contain the Coronavirus. The death toll due to the virus keeps on increase, reportedly, over 80 now. Patients of the epidemic have been reported across 15 countries including South Korea, California in the US, Thailand, Pakistan and so on. The condition is strongly affecting
The killing of the top Iranian General, Qassim Suleimani, by an US air-strike has begun a series of adverse socioeconomic effects in the world. While the US Airports are restricting Iranian-American at their airports, Iran has backed out from the international nuclear deal. The threat of an aggressive move by either countries threatens a war
The killing of the top Iranian General, Qassim Suleimani, by an US air-strike has begun a series of adverse socioeconomic effects in the world. While the US Airports are restricting Iranian-American at their airports, Iran has backed out from the international nuclear deal. The threat of an aggressive move by either countries threatens a war
Bitcoin broke out $11000 on Saturday and on the same day, President Donald Trump opened up an exciting plan for Iran which was supposed to reveal on Monday, June 24, 2019. However, ahead of Trump’s announcement, prices of major commodity including Oil, Gold, and cryptocurrency, like Bitcoin is touching the peak. President Trump tweeted on
Bitcoin broke out $11000 on Saturday and on the same day, President Donald Trump opened up an exciting plan for Iran which was supposed to reveal on Monday, June 24, 2019. However, ahead of Trump’s announcement, prices of major commodity including Oil, Gold, and cryptocurrency, like Bitcoin is touching the peak. President Trump tweeted on
Although, Bitcoin isn’t trading at 2017’s bull figure, in fact, not also it is half the value but the recent report from the Wall Street Journal reveals that it has performed better than other major asset classes such as bonds, S&P 500, Oil and more. According to the WSJ report, published on Sunday, May 04,
Although, Bitcoin isn’t trading at 2017’s bull figure, in fact, not also it is half the value but the recent report from the Wall Street Journal reveals that it has performed better than other major asset classes such as bonds, S&P 500, Oil and more. According to the WSJ report, published on Sunday, May 04,
On one side Bitcoin and altcoins are plummeting while on the other side as the US-China trade war takes a turn for the worst, the stock market, oil, Dollar, yen and others fall down. Bitcoin at $6,270 while altcoins crash hard Crypto market is yet again in the red. It all re-started yesterday when Bitcoin
On one side Bitcoin and altcoins are plummeting while on the other side as the US-China trade war takes a turn for the worst, the stock market, oil, Dollar, yen and others fall down. Bitcoin at $6,270 while altcoins crash hard Crypto market is yet again in the red. It all re-started yesterday when Bitcoin
