Bitcoin Perma-Bull Tom Lee Rings Warning Bell on ‘Treacherous’ BTC Trading

Amid a volatile week for bitcoin, Fundstrat’s Tom Lee has come out urging against anyone considering trading BTC in the foreseeable future. Tuesday marked a three-month low for bitcoin as a 17% freefall weakened underlying support significantly, leading BTC to breach well into $8,000 territory. As if to pour salt in the wound, yesterday saw […]

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Microsoft Stock Blows Away Critics With Huge Buyback Plan – CCN.com

Quick, guess the world’s most valuable company? Apple, Facebook, Google? It’s none of those. Instead, Microsoft has claimed the title. The software giant is now worth $1.1 trillion, narrowly edging out Apple for the top spot. And Microsoft’s lead is likely to grow in the coming days. That’s because the company just announced a huge […]

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3 Factors That Could Supercharge Dow Jones to Shatter Record Highs – CCN.com

The Dow Jones Industrial Average could be gearing up for another record run. | AP Photo / Richard Drew Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within […]

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Trump’s Call to “Bonehead” Fed to Cut Rates Is Tantamount to Shilling Bitcoin and Gold

Donald Trump is playing a dangerous game by urging the Federal Reserve to ease monetary policy even further. | Source: REUTERS / Carlos Barria In a desperate attempt to salvage the failing U.S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price […]

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Here’s Why Netflix Stock Will Rebound from Ugly 30% Crash

Netflix stock is down 30%, but the NFLX technical picture suggests a major rally waits on the near-term horizon. | Source: Shutterstock By CCN Markets: Netflix stock remains firmly in the limelight – for all the wrong reasons. NFLX shares are down nearly 30 percent from their all-time high, and the stock has plunged more […]

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Stock Market Investors Might Want to Be Greedy & Pile into Square

The stock market just suffered its most brutal week of the year so far, and Square was not immune to the pressure. Did investors overreact? | Source: Shutterstock The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren […]

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Trader Predicts Ripple to Dump by 60% Against Bitcoin Before It Moons

Ripple is having a horrible 2019 against bitcoin. The Standard (Ripple) as known in the crypto community is down by over 66 percent against the leading cryptocurrency year-to-date. Ripple is so weak that it already posted seven consecutive red candles on the monthly chart. Unfortunately for the No. 3 cryptocurrency, it appears that its winter […]

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West African Nations Unveil a New Single Currency Without Blockchain

In a potentially risky move, the 15 member nations of ECOWAS – Economic Community of West African States –  have agreed to launch Eco, a “common currency” similar to the method the EU uses. Eco is expected to make its debut in January 2020. In an attempt to create more frictionless trade, West African leaders […]

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Popular Analyst Sees Bitcoin Mirroring the 2012 Bull Run

Many traders were caught off guard by bitcoin’s recent ascent past $13,000. Suddenly, however, BTC sharply fell by about 20% after reaching a high of almost $14,000. Many in the Crypto Twitter community were expecting a long consolidation period after BTC dropped by almost 85 percent from all-time highs of $20,000. That’s why some of […]

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