Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday

Leading crypto celebrates more than 1400% gains year-to-date Bitcoin surged to fresh highs above $60K on Saturday, marking the one year anniversary of the Black Thursday crash with an astonishing show of strength. The buying frenzy began as another round of government checks hit American’s bank accounts. Biden’s $1.9 trillion plan was signed into law last Thursday afternoon, sparkingContinue reading “Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday”

Investment opportunities in a post-Covid world

While the coronavirus is still very present in our daily lives, and the pandemic rages on around the world, there might be a light at the end of the tunnel. As vaccines begin to roll out around the world, it is likely that we will see a continued economic recovery, and the sectors that wereContinue reading “Investment opportunities in a post-Covid world”

Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week

Litecoin breaks $200 and Ethereum nears $2K as corporate America embraces Bitcoin The Bitcoin rocket has blasted to new highs above $49K after Tesla’a $1.5bn treasury allocation triggered a buying frenzy last Monday. As the week continued, more bullish news hit the headlines. Twitter said it was considering adding Bitcoin to its balance sheet, and BNY Mellon and Deutsche Bank revealedContinue reading “Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week”

Crypto Roundup, February 8, 2021: Ethereum sets record price as Bitcoin closes in on all-time high

Market euphoria sends altcoins to the moon Ethereum blasted past all-time highs on Tuesday, setting the pace for a week of manic buying in the cryptocurrency market. Cardano and Binance Coin both surged to record levels as altcoins including Litecoin and Stellar flashed double-digit gains. Meanwhile, Bitcoin is back within striking distance of its own record high above $40K. The leading crypto has been boostedContinue reading “Crypto Roundup, February 8, 2021: Ethereum sets record price as Bitcoin closes in on all-time high”

Over the moon: Bitcoin’s all-time high and how to invest

Mere days after celebrating its 12th birthday, Bitcoin showed the world that it has much room for growth. After topping $20,000 in 2020, Bitcoin didn’t stop and continued to break milestone after milestone, climbing above $40,000.  On February 8th, 2021, news broke that Elon Musk’s Tesla will start accepting Bitcoin and intends to purchase $1.5 billion’s worthContinue reading “Over the moon: Bitcoin’s all-time high and how to invest”

Big banks kick off earnings season

The year 2020 will go down in history as one of the most volatile, unpredictable, and ultimately profitable in market history. Now, 2021 has begun and the world’s publicly traded companies will start sharing their earnings reports. Traditionally, the first sector to share its reports is the financial sector, and investors are eagerly awaiting theContinue reading “Big banks kick off earnings season”

White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats

Since the Covid-19 pandemic began, and governments began to take fiscal and monetary measures in response, markets have reacted significantly to any updates on potential new rounds of stimulus. Recently in the US, hopes have emerged of a smaller interim deal between Democrat and Republican lawmakers than the multi-trillion-dollar deal Democrats had initially hoped for.Continue reading “White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats”

Bitcoin is headed for the moon — how far will it go?

2020 saw Bitcoin jump 150%, more than any other asset class. Why did this happen, and what will Bitcoin do in 2021? Overall, 2020 was an interesting year for the markets, in which Bitcoin stood out. The decentralised cryptoasset jumped more than 150%, more than any stock market index or gold, and its rise hasContinue reading “Bitcoin is headed for the moon — how far will it go?”

Bitcoin hits new record high

Bitcoin surged to a new all-time high of $19,712. Its adoption by payments giant PayPal, as well as its role in portfolios as a safe haven which can offer diversification away from other assets like equities and bonds, have caused a huge run up in its value this year. It’s one year return is nowContinue reading “Bitcoin hits new record high”

Dow closes above 30,000 for the first time ever

On Tuesday, the 124-year old Dow Jones Industrial Average closed above the 30,000 point mark for the first time in its history, almost four years after it first crossed the 20,000 mark. The Dow is now up more than 60% since its low in March, and surged through 30,000 with a 1.5% daily gain onContinue reading “Dow closes above 30,000 for the first time ever”

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