Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by… Read more »
Skilling, a foreign exchange and CFD online trading platform, has revealed exclusively to Finance Magnates that despite the current climate, the broker has pushed forward with its 2020 global expansion… Read more »
A number of gold-backed stablecoins seem to be approaching new all-time high price levels as the price of their underlying asset has hit its highest levels since September of 2011…. Read more »
Bitcoin hit its highest price point in almost two weeks as stocks climbed. Bitcoin (BTC) trading around $9,371 as of 20:00 UTC (4 p.m. EDT). Gaining 2.2% over the previous… Read more »
Kazakhstan is becoming an important destination for Bitcoin (BTC) miners seeking cheap electricity in the post-halving market driven by thinner margins. According to recent reports, the oil-rich Central Asian country… Read more »
© Reuters. Yuan Turns Into Global Risk Bellwether as China Leads Recovery (Bloomberg) — As the dollar shows signs of exhaustion, the yuan is taking over as the barometer of… Read more »
Despite world economies still feeling the adverse effects of the COVID-19 pandemic, most stock markets have recovered from the March losses, and some are even charting new highs. This has… Read more »
The Chinese stock market has rallied 14% in the past week, fueling hopes of an economic recovery. Other stock markets in Europe and the U.S. have rallied in response, yet… Read more »
US Dollar Points: The Dollar maintains a distinct ‘safe haven’ status, but it is when absolute liquidity is prized that the currency’s nuanced problems are downplayed Stimulus remains a prominent… Read more »
Global manufacturing took a huge hit in recent months as the global coronavirus pandemic kept both factories and stores closed. Nevertheless, reports out Wednesday showed that the sector’s downturn wasn’t… Read more »