US Stock Market

Bitcoin sank as China intensified crypto mining crackdown

Why Did China Fail to Kill Bitcoin?

Bitcoin might have experienced its most significant coordinated attack during the last several months. However, the investor community did not capitulate in this instance. After giving miners notice, China completely banned mining in most regions, which caused the single most considerable mining difficulty adjustment. However, the situation of Bitcoin seemed already damaged after Elon Musk …

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World Stocks

World Stocks Mostly Down as US and EU Fell, Asia Pacific Up

On Monday, August 2, world stocks were mostly down as the United States and the European Union’s shares fell. Meanwhile, Asia Pacific stocks climbed. Wall Street’s three major indexes plummeted which was led by the NASDAQ Composite. The benchmark lost 0.71% with a net decline of $105.59. This sent the stocks to the bottom at …

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bitcoin and ethereum

Today’s Surge in Prices of Bitcoin, Ether, and Dogecoin

CoinDesk data showed that Crypto prices succeeded today, with Bitcoin surging by more than 9% to $39,938. Bitcoin prices began to gain in the last few sessions in speculation that Amazon might enter the cryptocurrency industry. After comments from Tesla CEO Elon Musk and Ark Investment Management’s Cathie Wood helped its momentum to boost. Ether …

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bitcoin

Bitcoin Exceeds $39,000 for the First Time in Almost Six Weeks

Bitcoin rose more than $39,000 for the first time in about six months as sentiment turned positive after the recent sell-off. According to CoinDesk data, the crypto was trading at around $38,568 at 7:15 a.m. ET Monday that was up almost 13% in the last 24 hours. Bitcoin surged earlier at about 13% hit a …

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Euro rose slightly Thursday. What about other currencies?

Euro Rose Slightly Thursday. What About Other Currencies?

The Euro traded slightly above 3-1/2-month lows against the U.S. dollar on Thursday. Traders are waiting for a potentially momentous meeting of the ECB. Meanwhile, riskier currencies such as the Australian dollar surged forward as a global risk sell-off abated further.  The Japanese yen and the U.S. dollar index soared earlier this week to the …

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Tesla to open Supercharger network to other vehicles

Tesla to Open Supercharger Network to Other Vehicles

According to Elon Musk, Chief Executive Officer of Tesla, the company plans to open its network of superchargers to other electric vehicles this year. As we know, Tesla’s network of D.C. fast-charging stations for its electric vehicles is the Tesla Supercharger network. The billionaire Elon Musk posted on his Twitter and informed his followers that the firm …

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U.S. Stocks

U.S. Stocks Climbed Despite COVID-19 Delta Variant Concerns

On Wednesday, July 21, U.S. stocks climbed despite fears of surging infections due to the Covid-19 delta variant. An analyst stated that the investor’s decision today is due to an over-correction made yesterday. Last Tuesday, the global stock market, including all of Asia, the EU and the U.S., crashed. Analysts described this as an overreaction …

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