How Stocks, Oil, Gold, & Bitcoin Reacted to Trump’s Airstrike on Soleimani

Trump sent a shockwave through financial markets when he ordered an airstrike that killed Qassem Soleimani. Stocks, gold, and oil all fluctuated wildly as US-Iranian hostilities flared. Here’s how the prices of major assets responded. When US President Donald Trump ordered an airstrike that killed Iranian general Qassem Soleimani, he also unleashed a shockwave through …

This Bitcoin Price Chart Makes the Crypto Market Crash Look a Lot Less Scary

The bitcoin price continues to plummet from its 2019 record near $14,000. Crypto investors are worried while critics are gloating. But the cryptocurrency remains the highest performing asset in 2019. And dollar cost averaging BTC investments even outperformed the same Dow exposure since bitcoin’s all time high price in 2017. Bitcoin’s price is continuing its …

Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern

Bitcoin price touches intraday high of $7,668 Wednesday. Earlier in the day, BTC/USD bottomed at $6,847.72, a six-month low. Cryptocurrency markets recover north of $200 billion. Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months. BTC/USD Stages Relief Rally Wednesday’s roller coaster session saw bitcoin’s price …

Bitcoin Is Up More YTD Than Gold Is in Last Decade: Pomp

Bitcoin maximalist Anthony Pompliano claims he will never bail out of his long positions. Gold cheerleader Peter Schiff likens this to a Titanic captain – loyal but misguided. Even with its recent price plunge, bitcoin is still massively outperforming gold. At What Point Will Bitcoin Maximalists Capitulate? Peter Schiff never passes up a good opportunity …

Crypto Black Friday Blowout Comes Early, But Who’s Buying ETH, XRP, and LTC?

Black Friday seems to have arrived earlier in the cryptocurrency market. But, unlike the real Black Friday, nobody seems to be rushing in to buy cryptos at the current discount rate. According to the Crypto Fear and Greed Index (CFGI), the overall market sentiment turned into “extreme fear” as investors expect a further downturn. However, …

Bitcoin Price Gains Prove These Critics Were Dead Wrong

Bitcoin’s price gains have put critics’ predictions to shame. Schiff, Roubini, and Kruger have all been proven wrong, and how. Growing institutional investing and other utilities could lead to more price gains in the future. Bitcoin has shaken the establishment over the years as those who couldn’t understand the cryptocurrency have outright rejected it as …

Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum. As part …

China Will Reward You for Exposing ICO Scams

An inter-ministerial committee in China plans to reward individuals who report illicit ICO fundraisers. The decision could likely boost China’s crackdown on the regional cryptocurrency industry. ICOs are operating freely in China despite a sweeping 2017 ban. China is planning to provide monetary perks to eligible individuals who expose illegal cryptocurrency crowdfunding campaigns. According to …