Story of the Day Archives - Page 202 of 343

Commodities & Futures, Market News, News

Oil Prices Can Crater as Saudi-Russia Tensions Flare Up, OPEC Meeting Delayed

By Bhushan Akolkar Apr 6, 2020 • 3 mins read

Tensions flare up between oil giants Russia and Saudi as the OPEC meeting scheduled today has been postponed to Thursday this week. The U.S. President Donald Trump has personally intervened in this matter, however, there doesn’t seem a concrete outcome at this stage.

Bonds, Commodities & Futures, Currencies, Market News, News

How Federal Reserve Prints Dollars and Throws Dust in Eyes of American Taxpayers

By Darya Rudz Apr 5, 2020 • 7 mins read

The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.

Altcoin News, Blockchain News, Cryptocurrency News, News

Lawsuits Filed against Binance, Block.one, BitMEX and Other Crypto-Related Companies

By Jeff Fawkes Apr 4, 2020 • 3 mins read

Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.

Cryptocurrency News, FinTech News, News

Revolut Opens Cryptocurrency Services to All Standard Users Earlier Than Planned Due to Crisis

By Christopher Hamman Apr 4, 2020 • 3 mins read

Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.

Indices, Market News, News

Dow Jones Jumped Nearly 500 Points but Lost Over 290 Today, COVID-19 Cases Cross 1.2M

By Tolu Ajiboye Apr 3, 2020 • 3 mins read

Both the Dow Jones and the Nasdaq Composite managed increased but started to lose points as the COVID-19 outbreak continues to spread, affecting over 1 million people globally.

Bitcoin News, Cryptocurrency News, News

Bitcoin (BTC) Price Is Around $7,000 as Oil Price Jumped 24% after Trump’s Announcement

By Christopher Hamman Apr 3, 2020 • 3 mins read

Bitcoin (BTC) price has managed to jump above the $7,200 levels within the last 24 hours but now BTC is trading below $7,000.

Commodities & Futures, Market News, News

Oil Price Surges Impressive 24% after Trump Tells about Possible Saudi-Russia Agreement

By Bhushan Akolkar Apr 3, 2020 • 3 mins read

U.S. President Donald Trump told CNBC that he had talked to his counterparts in Russia and Saudi Arabia to work out a solution for the crashing oil markets. Saudi Arabia has called for an “urgent” meeting between OPEC and its allies. Oil price went up.

Business News, Cryptocurrency News, Deals News, News

Binance Officially Confirms Its Acquisition of CoinMarketCap

By Jeff Fawkes Apr 2, 2020 • 4 mins read

Binance acquires CoinMarketCap ‘to make crypto more accessible worldwide’. CoinMarketCap CEO is stepping down to spend time with family. Binance CEO claims he will make sure that CMC data is following the industry standards and needs.

Bitcoin News, Cryptocurrency News, Market News, News

Bitcoin Price Enters Decoupling Phase Below $6,700, Experts Report

By Jeff Fawkes Apr 2, 2020 • 3 mins read

Technical indicators claim Bitcoin price may move up, but the bears are still here. BTC price undergoes a sudden pump right after equity trades ending. Expert sets likely price range, which is within $5,150 and $7,200.

Commodities & Futures, Indices, Market News, News

Dow Futures Recover 380 Points after Rocky Start of Q2 2020

By Bhushan Akolkar Apr 2, 2020 • 4 mins read

The U.S. markets continue to remain volatile amidst the new industrial output report and the jobless report releasing on Thursday. The total COVID-19 infected cases in the U.S. have passed over 200,000 with over 5,000 deaths.

Indices, Market News, News

Dow and S&P 500 Have Worst Ever Quarter Start, U.S. Coronavirus Death Toll Surpasses 5,000

By Christopher Hamman Apr 2, 2020 • 3 mins read

The COVID-19 pandemic is the main topic for discussion today. The markets have far not the best period. S&P 500 and Dow are losing their positions.

Altcoin News, Blockchain News, Cryptocurrency News, News

Judge Halts Telegram Founders Dream of Successful TON Launch

By Jeff Fawkes Apr 2, 2020 • 4 mins read

Judge Kevin Castel is clearly against Telegram in the case of the GRAM token launch. Federal Judge claims that Telegram founders can not distribute their tokens to anyone, not only to U.S. citizens.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Bitcoin Halving Is 42 Days Away, Hash Rate and Miners Lose Force

By Jeff Fawkes Apr 1, 2020 • 5 mins read

Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.

Bitcoin News, Cryptocurrency News, Indices, Market News, News

Bitcoin Ends Q1 2020 with 10% Correction Year-to-Date, Performs Better Than Stock Indices

By Bhushan Akolkar Apr 1, 2020 • 3 mins read

Just when the global financial markets were in a state of turmoil, Bitcoin failed to prove itself as a “safe haven” for investors. After rising 40% during early 2020, BTC ended the Q1 2020 with 10% negative returns year-to-date.

Indices, Market News, News, Stocks

Dow May Fall 700 Points at Open, U.S. Predicts up to 240,000 Coronavirus Deaths in Country

By Steve Muchoki Apr 1, 2020 • 3 mins read

The Dow Jones Industrial Average is expected to dip 700 points further on Wednesday, after falling over 600 points at the end of March. This comes as the White House predicts 100,000 to 240,000 coronavirus-related deaths in the United States