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Many people became instantly wealthy when Bitcoin debuted in 2017. Although the price of Bitcoin is down around 50 percent on last year’s high, it is up around five percent in 2020. The crash caused by the COVID-19 virus has cryptocurrency investors scrambling to keep up with, and make sense of, what is now a […]
Although the precise date of the next Bitcoin halving is hard to pinpoint, it is expected to occur during the week of May 18, 2020. This halving may result in increased demand in Bitcoin, and at a higher price. Understandably, there is a great deal of conversation on crypto news websites and Twitter threads. There […]
Last week, 5 million more Americans filed for unemployment. In four weeks, the newly unemployed total is over 20 million. In one short month, coronavirus has wiped out nearly nine straight years of growing employment. This figure of 5 million dwarfs the previous high in 1982, when 695,000 people filed for unemployment benefits. At its […]
The current pandemic has brought nothing but social upheaval, death, despair, and an unnerving number of people filing for unemployment benefits. Even with the load on government systems, the number of people out of work and filing unemployment is at least 10 times the previous record. Businesses throughout the United States and the rest of […]
Is real gold racing ahead of digital gold? It is a good question. Over the last four trading sessions, this precious metal has reached a new eight-year high. Gold is now trading at $1,725 USD an ounce. In the first four months of 2020, gold has skyrocketed by 14 percent. When compared to other markets […]
People invested in Bitcoin have been watching the market plummet in recent weeks. Bitcoin is the recognized cryptocurrency. As such, other cryptocurrencies watch the price carefully. The price has dropped dramatically. In mid-February, the price hovered around $10,000 USD. In mid-March, the price dropped briefly to below $4,000 USD. Although the price has recovered somewhat, […]
The last three months have seen an unprecedented change in the world in which we live. A pandemic, a once in a hundred-year disaster, has resulted in a large number of tragic deaths. As the world fights to contain the virus, much of it has been put under lockdown. The world is currently in recession, […]
Silk Road marketplace founder, Ross Ulbricht, has released an analysis where he has some bad news: He believes that BitCoin could fall below $3,000, which could be bad for all of those investors out there. Ulbricht, who has been in jail since he was sentenced to life in prison in 2015, continues to publish analysis […]