News
Author: Jeffrey Taylor
Last Updated: 3 May 2021
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 […]
Author: Michael Stern
Last Updated: 3 May 2021
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 […]
Author: Michael Stern
Last Updated: 28 April 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 24 April 2021
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. […]
Author: Maria Andretti
Last Updated: 22 April 2021
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 […]
Author: Michael Stern
Last Updated: 20 April 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 19 April 2021
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 […]
Author: Maria Andretti
Last Updated: 14 April 2021
US stock futures were flat in the early hours of Wednesday morning trading on April 14th. Investors are holding off in anticipation of Q1 earnings reports from various companies, at which point the markets should see an increase in volume and volatility. The Dow Jones industrial average futures only had a 6-point gain when the […]
Author: Michael Stern
Last Updated: 10 April 2021
European Central Bank President Christine Lagarde gave an interview with CNBC’s Sara Eisen recently where she discussed the current state of the European economy. According to Lagarde, European member states should start to see an accelerated rate of economic recovery in the latter half of 2021. She acknowledged the fact that continued lockdowns have put […]