Bitcoin rose above $8,000 after falling below $6000 yesterday. The Senate Banking Committee hearing on Tuesday regarding the virtual currencies delivered a much needed positive message to the market – […]
The Euro Seesawed as the Financial Markets Remained Unsettled
The euro finally showed some upside momentum after dipping as low as 1.2313. The stock markets in Asia and Europe plummeted following the sell-off on Wall Street, while today’s U.S. […]
Dr. Doom Says Bitcoin Will Crash to ZERO
Overnight, during the Asian session, Bitcoin fell below $6,000. Right now, there is no good news out there to give people any reason to buy the cryptocurrencies. Banks are coming […]
Fear of Inflation Sent the Stock Market and the Euro Decidedly Lower
The euro weakness continued on Monday. The soaring U.S. yields still dominated the trading in the various markets today. The euro headed lower. The U.S. stock market tanked. It was […]
Bitcoin’s Bloodbath and Nightmare Continued
Bitcoin continued its relentless decline on Monday to a new 2-month low of $7,200. Fundamentally, the negative sentiment continued to worsen. India is considering whether to ban on the cryptocurrencies. […]