News

Tuesday (May 4) saw stocks move slightly lower. Tech stocks led the way down as investors considered recent comments from Treasury Secretary Yellen where she spoke of the possibility of higher interest rates. The S&P 500 dropped more than one percent, trading off the all-time high. By the close of the trading day, the DOW […]

The rapid rollout and wide acceptance of COVID-19 vaccines are starting to pay dividends. The number of people having to be hospitalized, and the number of deaths, are both falling quickly, especially among the older generation. This is good news. The burst of activity as a result of the vaccine program has put the economy […]

Turkey is in the midst of a crisis. Not unlike problems facing other emerging economies, Turkey is seeing out of hand inflation, a rapidly falling demand for its debt, and a high rate of unemployment. Two weeks ago, what had been speculation and rumor came to an end when plans were revealed to ban digital […]

Late last week, Ether hit an all-time high. On the other hand, the longtime dominance of Bitcoin waned. Based on market value, Ether is the second-largest digital currency. Thursday morning saw it hit a new record price of $2,800, this according to data provided by Coin Metrics. Bitcoin, the number one digital currency slid slightly […]

The price of Bitcoin, which has recently seen losses greater than any drop the market has experienced since early March, has recovered over 10% this week, climbing up to $54,338 Monday morning.  The recent slump that Bitcoin went under marked the first time since March that the coin dropped under $50,000. This was a worrying […]

Coinbase finally released its initial IPO and sent the investing world into a frenzy. This is the first major mix of traditional Wall Street investing and cryptocurrency, so a lot of people are eager to learn whether or not they should be investing. It’s hard to say how Coinbase is going to perform over time. […]

While most of the world is still reeling from the effects of the Covid-19 economic slump, the Chinese economy has seen a V-shaped recovery taking it back on track to hit its pre-pandemic levels far quicker than any other country.  According to an economist from Goldman Sachs, “the economy appears to have passed a turning […]

It was only a matter of time before the market crashed, and it finally happened. The bull run that preceded it resulted in several coins being overvalued, although that’s not actually what caused the market to crash over the weekend.  The cryptocurrency market dipped dramatically after Bitcoin shed over 10% in the space of a […]

If you found someone that claims to understand the Bitcoin market right now, you could comfortably call them a liar.  The cryptocurrency has defied all expert predictions, continuing to smash its own records, including posting a new ATH of over $60,000.  This should be good news, right? Yes, and it is, but there’s something much […]