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McKinsey & Company Presents Three Key Scenarios for Global Market amidst Coronavirus Crisis

With the coronavirus being declared a global pandemic by the WHO, McKinsey predicts different scenarios as to how the global markets will react in the future.The unprecedented breakout of the COVID-19 virus across the globe has gripped the global markets in absolute fear. A majority of the stock market across the globe have corrected to the tune of 20-30% just over the last month during the coronavirus outbreak.Businesses across different sectors are facing a major jolt as logistics and trade...

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Platzt die Blase?

Stehen wir am Beginn einer neuen Finanzkrise? Ist der Kurssturz an den Börsen erst der Anfang? Müssen Banken verstaatlicht werden? Bewegen wir uns in Richtung Sozialismus? Investor-Legende Marc Farber im Gespräch mit Michael Mross. Ein sehr gelungenes Inverview von Michael Mross mit Marc Faber. Michael Mross ist ein deutscher Autor, Wirtschaftsjournalist, Moderator und...

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Bitcoin Price Rose to $5,900 after Fed Zero-Rate Cut but Then Fell Below $5,000

Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.Bitcoin price went up after the U.S. Fed announced a massive rate cut. Sources say that this occurred late on Sunday as global economies were still reeling from the effects of the COVID-19 situation. It also reportedly came with a $700 billion stimulus program to protect the U.S. economy from the effects of a global...

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Stellar Lumen (XLM) Price Is Likely To Resume Decline Below $0.035

Stellar lumen price started an upside correction after a massive decline below $0.0400 against the US Dollar.XLM price is currently facing a lot of hurdles near the $0.0400 resistance area.There is a major bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to restart its decline if it fails to stay above the $0.0350 support area.Stellar lumen price is showing a lot of bearish signs against the US Dollar and bitcoin. XLM price...

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Polehin.com: the First Cryptowallet Available on Apple Watch

Place/Date: - March 16th, 2020 at 9:02 am UTC · 1 min read Contact: Polehin, Source: Polehin.com Photo: Polehin.comThere are a myriad of Bitcoin wallets on the market, so the competition is harsh. The quickly developing Polehin.com app, without a doubt, has all the chances to outperform its competitors.It’s the first app in the world that made crypto trading available on Apple Watch! This news made many Apple Watch’s fans day, for sure. Crypto experts are already discussing it on...

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Dow Futures Plunged 1,000 Points after Fed Cuts Interest Rate to Zero

Previously, the target range of the interest rate varied from 1% to 1.25%. Now the benchmark for both short-term lending for financial institutions and a peg to consumer rates will be targeted at 0% to 0.25%. Dow Futures lost 1,000 points.Yesterday evening, U.S. stock futures plummeted by 5%. Dow futures plunged 1,041 points or about 4.5%. S&P 500 futures closed down about 4.8%, while Nasdaq futures were down 4.5%. The drop followed the initiative of the U.S. Federal Reserve.On Sunday,...

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Bitcoin and S&P 500 Correlation Has Never Been So Accurate

Bitcoin and S&P 500 Price Index correlation proves that cryptos and stocks have one thing in common – the American retail investors and corporation bosses. This week is one of the most dangerous in the last 11 years, as the corporate and personal income melts amid coronavirus preparations.People see what happens in Italy and rush to the supermarkets to buy tons of food, supplies, toilet paper and so on. The shares and stocks lost another part of their value, and cryptocurrencies received...

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How One Bitcoin Trader Lost $11 Million in a Single Day

Advertisement One bitcoin trader lost 1,220 bitcoin on a single day, worth $11 million before the drop. Accounts using low leverage were also liquidated as BTC dropped by 50%. Similar liquidations can happen again as downtrend intensifies. One bitcoin trader lost 1,220 BTC on March 12, when the price of the dominant cryptocurrency fell by 50 percent in a single day. As the downtrend of the crypto market worsens, large-scale multi-million dollar liquidations can happen again. How 1,220...

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AMZN 25% Down in a Month, Amazon Goes Out of Stock for Household Items Due to Coronavirus

Amazon’s signature Prime Delivery and Grocery delivery services are facing delays due to overwhelming demand from customers on account of the COVID-19 outbreak. The logistical challenges are mounting for the company. AMZN stock is in red after hours.The coronavirus pandemic has created panic all across the globe with a massive surge in demand for household items. In a blog post on Friday, March 13, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) warned that it is running out of stock for...

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#834 Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 834. Heute sprechen wir über folgende Themen: Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht – erhebliche Einschränkungen im deutschen Alltag. 1.) Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QEhttps://cointelegraph.com/news/bitcoin-price-tops-59k-as-fed-cuts-interest-rates-to-0-restarts-qe 2.) Deutschland macht...

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