U.S. Banking System Turmoil Has Spurred Bitcoin Outperformance: Coinbase

The cryptocurrency’s correlation to the S&P 500 stock index dropped to 25% at the end of March, the report said.

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Binance Coin, IOTA, Synthetix Network Price Analysis: 27 October

Crypto Fear and Greed Index dropped from 75 to 61 as Bitcoin was quite volatile the previous day, going as high as $13,250 and dropping to as low as $12,785. This could have spooked some traders and sThe post Binance Coin, IOTA, Synthetix Network Price Analysis: 27 October appeared first on AMBCrypto.

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XRP, Tron, Maker Price Analysis: 07 October

The S&P 500 Index dropped from 3420 to 3343, a 2.3% drop, in a matter of hours after tweets from the US President about the stimulus package negotiations' setback. Despite arguments about an uncorThe post XRP, Tron, Maker Price Analysis: 07 October appeared first on AMBCrypto.

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Analysts Fear a Strong US Dollar Will Dampen Bitcoin’s Bullish Momentum

Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum.

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Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine

The dollar index dropped to its lowest level since May 2018.

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Bitcoin dominance index cut to 5-month low

Bitcoin’s dominance index has dropped to 61.9%, the lowest level since February even as...

The post Bitcoin dominance index cut to 5-month low appeared first on Coin Journal.

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Shanghai Stocks Fall Amid Bankruns in China

Shanghai’s Composite Index has dropped by 10% this week, much of it in the past two days, falling from about 3500 to now 3200. That’s after a mini bull run...

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Bitcoin Whales’ Sudden Accumulation May Prevent Deep Correction to $8k

Bitcoin started off the week on the wrong foot. Its price recently dropped below $9,000 for the first time since late May. The sudden bearish impulse sent investors into “fear,” according to the Crypto Fear and Greed Index.

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Stablecoins, DEX Volume Soars After March’s Sell-Off

Amid the markets bloodbath on March 12-13, the S&P500 index lost 12%, causing a global panic. Bitcoin dropped 50% in minutes, and many people considered stablecoins as a new type of safe haven.

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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode

Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points.

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U.S. Housing Market Flashes Danger Sign as Confidence Goes South

The NAHB Housing Market Index (HMI) dropped to 70 in November, the first decline since June. The traffic of prospective buyers has declined despite low mortgage rates. The U. S. housing market could get into more trouble this week as more data releases emerge.

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Former Head of ECB dropped Bitcoin (BTC)

The unexpected dropping of Bitcoin by almost 10% put the proponents of technical analysis in a difficult position. And the reason is most likely in fundamental factors, if verbal interventions can be considered as such.

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Deribit Reimburses 150 BTC After Bitcoin Dropped 16% Due to Data Issue, But Who was at Fault?

On October 31, 2019, at 21:00:00 UTC, the cryptocurrency derivatives exchange Deribit encountered BTC index calculation data issues causing the price of the bitcoin contract to take a drop of 16%, reaching almost $7,600.

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Asian Stocks Fall on Trade Uncertainties, China Data Hangover

Asian stocks closed lower on Friday as investors gauged emerging trade uncertainties in the United States and weak Chinese economic data. Japan’s Nikkei and Hong Kong’s Hang Seng dropped by 0.

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Dow Cowers as Trump Blames Iran for Gulf Tanker Attacks: ‘It Was Them’

By CCN Markets: The Dow inched toward a cautious session on Friday following President Donald Trump’s blunt assertion that Iran owns the blame for attacks on two tankers in the Gulf of Oman. Dow Edges Lower; Nasdaq Suffers Steep Drop All of Wall Street’s major indices prepared to suffer opening bell declines.

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Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

  By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures.

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Dow Sputters as Trade War Butchers Key Stocks Apple & Boeing

By CCN Markets:  The Dow sputtered toward a dreadful showing on Wednesday as the stock market cooled off from a six-day feeding frenzy. Meanwhile, major DJIA components Apple and Boeing remain trapped in the crosshairs of the US-China trade war, presenting the index with significant downside risk should there be any further escalation.

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Bitcoin Price Sinks to $7,500 as Analyst Predicts Further 30% Plunge

By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U. S. dollar in a minor pullback in the crypto market. Within the last seven days, the bitcoin price has fallen by over ten percent, which has led technical analysts in the crypto market to ponder about the possibility of an extended pullback despite the market’s positive macro landscape.

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Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War

By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but also mire the two nations in an economic cold war.

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Dow Kickstarts Recovery After Wall Street Buys Trump’s Trade War BS

By CCN: The US stock market swung back into recovery mode on Tuesday, positioning the Dow to mount a triple-digit gain just one day after trade war tensions dropped a grenade on Wall Street. Dow Wakes Up from Monday Nightmare The Dow Jones Industrial Average roared during the Tuesday morning session, and by 11:18 am ET the index had gained 255 points or 1.

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Dominant Bitcoin Slips on Monday, Drags Cryptocurrency Index Down $8.7 Billion

By CCN. com: Dominant crypto asset bitcoin sent fresh shivers through the rest of the cryptocurrency market with its latest plunge. The bitcoin-to-dollar exchange rate dropped as much as 2. 66-percent on Monday to establish an intraday low towards $5,569.

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Dow Quakes While Trump Savagely Mocks ‘Crazy Bernie Sanders’

By CCN: The Dow dipped into the red during the week’s penultimate session, as the US stock market continued to digest an earnings season that has been anything but predictable. Meanwhile, Donald Trump has begun to narrow his Twitter fire on the two politicians he believes will most likely emerge victorious from the bloody Democratic primary: Joe Biden and Bernie Sanders.

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‘Emotional’ Bitcoin Bulls are ‘Grasping At Straws’, Claims Bloomberg Analyst

A recent article in Bloomberg paints a less optimistic future of the crypto markets than you might typically find this week. Vildana Hajric reports that the GTI Global Strength Indicator of the Bloomberg Crypto Index, which tracks significant cryptos, has the same trends which led to its previous peak in January 2018.

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Dow Risks Crisis After IMF Slashes Economic Forecast

Since Tuesday’s opening bell, the Dow Jones Industrial Average has dropped by 180. 18 points or 0. 68 percent to 26,160. 84. The index is now down more than 300 points since last Friday. Judging by the IMF’s latest economic forecast, the bleeding might just be getting started.

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Dow Trembles After Top Analyst Reveals Shocking Boeing Forecast

The Dow lurched into a somber morning session on Monday as a cocktail of shocking news piled onto the already-bearish outlook for its largest index component, Boeing. Dow Shudders as Largest Component Crashes More Than 4% As of 10:11 am ET, the Dow Jones Industrial Average had plunged 145.

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Dow Teeters While Michael Bloomberg Mulls 2020 Trump Challenge

A nervous Dow crept toward Tuesday’s US trading session, struggling for direction after yesterday’s mammoth stock market rally – and the shocking report that former New York City Mayor Michael Bloomberg may mount a presidential challenge to Donald Trump after all.

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Spain is the Healthiest Country in the World; Cuba Trumps the US

A few surprises to come out of Bloomberg’s Healthiest Countries report this year. Great news for those of you who dig olive oil, rice, and octopus. Not so much if you’re into calzone or spaghetti bolognese.

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Dow, Bitcoin Bleed Lower as Weak Economic Data Saps Trade Deal Optimism

The US stock market endured steady losses on Thursday, leaving the Dow’s eight-week winning streak on the ropes. The bitcoin price, meanwhile, continued to mount an unsuccessful push toward $4,000 that has left most crypto assets in the red.

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Dow Falls 175 Points on Awful Retail Sales Data While Bitcoin Price Continues Slow Bleed

A historically-abysmal decline in consumer spending crushed the US stock market on Thursday, causing the Dow to open to triple-digit losses just hours after it looked like the index would continue its mid-week rally.

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Financial Services Firm Opens Doors to Crypto Hedge Funds

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.

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Bitcoin dropped by China’s crypto ratings index and puts EOS in top slot

Just days prior to launch, EOS had also seen serious bugs raised by a Chinese internet security firm that required urgent patches to be issued. The report said that loopholes in EOS’ code could expose nodes to attackers, giving them the ability to possibly take “full control” of transactions. In its assessment, the CCID blockchain research team

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