Tag Archives: News

The trade war between the U.S. and China has been ongoing for many months and has somehow wiggled its way into pretty much any conversation that involves the U.S. or China. Some other countries are sometimes dragged into the mix because some of the effects of the tensions have been felt by these countries even though they aren’t directly involved. However, there might be some respite soon and with it, the chance that a few stocks might be worth good money if things go right.CNBC’s Jim Cramer...

The Dow Jones started jumping on Friday after the United States President Donald Trump signed off on the phase one trade deal with China presented to him by trade negotiators during a Thursday meeting at the White House.The agreement includes the delay of extra tariffs that would have been imposed on December 15 and reducing tariffs on $360 billion worth of Chinese imports by half. However, even though it is said that one of the main terms is for China to pledge to purchase large amounts of...

In what is seen by many within the crypto space as a win, it has emerged that cryptocurrencies have become the best performing asset class this year. Sources have indicated that based on recent research, the cryptocurrency digital asset class has outperformed other asset classes by a wide margin. Even though cryptocurrencies are still below the highs experienced in 2017, cryptos as an asset class have made an incredible comeback from the so-called crypto winter when everyone thought that it...

With the change in time, everything including currency has been digitalized. Cryptocurrency is a digital benefit used as a form of business transaction.Cryptocurrency functions using cryptographic algorithms to offer consumers a secure line of financial transactions. Crypto exchange gives customers a chance to implement business deals without the presence of an intermediary .i.e. an accountant, a third party or a banker.Legal IssuesThe interaction with currencies make taxation inevitable....

Bitcoin cash price is trading in a bearish zone below the $210 and $216 resistances against the US Dollar.The price is struggling to stay above the key $203 and $200 support levels.There is a major bearish trend line forming with resistance near $210 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could resume its decline if it breaks the $203 support area in the near term.Bitcoin cash price is following a bearish path below $210 against the US Dollar. BCH/USD must...

It’s clear why China has suddenly become so “kind” and open-minded towards bitcoin mining… It now controls approximately two-thirds of the world’s bitcoin and crypto mining power.China: The Crypto Mining KingAccording to a new report, bitcoin miners in China control approximately 66 percent of the global hash rate, which is the measure of power that ushers one’s ability to mine and extract new coins. This is a six percent increase from the summer, when China controlled approximately 60...

Bitcoin and cryptocurrency are growing increasingly attractive to both millennials and gen Z, according to a new report.Young People Love Bitcoin and CryptoThe data stems from news that Grayscale Investment Bitcoin Trust – a firm that focuses on both bitcoin and altcoin investments – is up there with companies like Apple and Amazon as the top enterprises to garner investments from younger generations. Grayscale ultimately beat out major tech conglomerates such as Microsoft and Netflix.In...

Ethereum is included in digital money that depicts the market in black. Price activity has been bearish since the beginning of the Asian trading session. Ethereum is trading at $142 following a loss of 0.96% from its price on Thursday. Expectations are declining amid increasing unpredictability.It was another desperate week on Ethereum as its value continues to decline. Sinking more today left the world’s second-largest crypto resource at risk of reaching its lowest level in several months....

Law enforcement has taken three men into custody over what sources are calling the biggest crypto scam in history.The “Biggest” Scam Is in the BooksMatthew Brent Goettsche and Jobadiah Sinclair Weeks from Colorado along with Frank Abel from California have been arrested for initiating a cryptocurrency scam through a fake company called Bit Club Network that may have cheated investors out of $722 million in crypto funds. If the numbers are accurate, Bit Club outdoes the money stolen or lost in...

On Tuesday, the Mega Millions jackpot sadly didn’t see any winners. At least a few million hopefuls were definitely disappointed that they didn’t get to take the top shot of the lottery. The good news here is that all of these people will have another shot at riches by Friday night. Piling on the good news is that the jackpot has now been increased to $340 million, easily making it the 14th largest prize in the history of the lottery after the name was changed to Mega Millions from The Big...