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Read More »Bitcoin Price Must Test $20,000 in 2020, Mike Novogratz Believes
Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish stance to the biggest cryptocurrency, predicting that Bitcoin should retest its $20,000 highs by the end of 2020.Mike Novogratz, the CEO of crypto merchant bank Galaxy Digital, said he might give up on Bitcoin (BTC) if the price of this cryptocurrency doesn’t touch new highs in 2020.Just for the reminder, in January 2020, reflecting on the proliferation of crypto...
Read More »U.S. Working on Stimulus Bill in Response to COVID-19
U.S. Senate leaders and the Trump administration neared an agreement on a massive stimulus bill that could inject $2 trillion into the economy to blunt the impacts of the coronavirus.The United States Democratic party said it is working on a big stimulus bill in response as an answer to the coronavirus epidemic and its economic impact. A version of the bill is dated March 22 and it has been circulating includes a passage that, if passed, would lead to the creation of a “digital dollar” to be...
Read More »Facebook Stock Is Showing Signs of Recovering Against All Odds
Despite the fact that Facebook has faced numerous challenges tackling sensitive ads in the political election period, yesterday FB stock started to rise and showed some signs of recovering.Facebook (FB) stock price showed signs of recovering from the falling trend that had started forming before the market closed yesterday. The stock started reversing after hitting $207 where it is currently trading at $210.76 per share at the time of news reporting. The volatility on the Facebook stock is...
Read More »Bitcoin, Oil and Gold Jump because of U.S.-Iran Tensions
Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks on the Al Asad base in western Iraq that hosts American troops.Right immediately after this news was outlived, all “safe haven assets” jumped sky-high. But let’s go from the...
Read More »Trump Impeachment Proceedings Announced, Will the Stock Market Suffer?
On the evening of Tuesday the 24th of September, Speaker of the United States House of Representatives, Nancy Pelosi, made a formal announcement of an official impeachment enquiry, opened against U.S. President Donald Trump. If the proceedings are successful and Trump gets impeached, he’ll be the third president impeached after Bill Clinton who was impeached in 1998 and Andrew Johnson, impeached in 1868. However, away from the politics and inner workings of the government, what could this...
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