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“# Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns ” Popular cryptocurrency trader Keith Wareing warned Bitcoin (BTC) traders about a critical bearish scenario brewing in the market. The trader spotted Bitcoin inside an inverse cup and handle pattern earlier this month, a bearish structure that forms during a price wave…
“#Incompetent de Blasio team whiffs on $1 billion Bronx boost” If you thought Mayor de Blasio’s inept governance of our city couldn’t get any worse in his administration’s waning days, think again. A consortium of businesses working with the New York Yankees handed the city a $1 billion development plan for a blighted South Bronx neighborhood,…
“# 100M euro digital bond was a CBDC test, says Banque de France ” It turns out the 100 million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank-issued digital currency, or CBDC. An April 28 announcement from France’s central bank, Banque de…
“# Ethereum on a high after European Investment Bank’s $121M digital bond news ” Ethereum prices skyrocketed to a new all-time high on Wednesday on the back of positive news from the European Investment Bank. Ethereum has climbed to $2,709 during early Asian trading on Wednesday, April 28, marking a new peak price for the…
“# European Investment Bank reportedly to issue bonds with blockchain tech ” The European Investment Bank, an international financial institution owned by European Union member states, is reportedly exploring blockchain technology for issuing digital bonds. According to a Tuesday Bloomberg report, the EIB has hired major global banks like Goldman Sachs, Banco Santander and Societe…
“#News Corp. ups private bond offering to $1B amid buying spree” News Corp. plans to raise $1 billion selling bonds amid a buying spree — up from previous plans to raise $750 million. The publisher of the Wall Street Journal and the New York Post, which recently posted its most profitable quarter since 2013, said…
“# Bitcoin price dips under $55K as US bond yields touch 13-month high ” Bitcoin (BTC) slid under $55,000 on March 17 as United States treasury yields built on a comeback, which took them to their highest in over a year. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price stays firmly rangebound Data from…
“# ‘Inhospitable to capitalism’ US can target those ditching dollar for Bitcoin — Ray Dalio ” The United States and other countries could “impose prohibitions” on Bitcoin (BTC) as part of “shocking” tax changes, investor Ray Dalio has warned. In his latest article on LinkedIn, Dalio, a recent convert to Bitcoin as an investment opportunity,…
“#Stocks rise after David Tepper says market getting ‘safer’” US stocks bounced Monday after billionaire hedge-fund titan David Tepper appeared to shrug off recent turmoil in the bond market, which has been linked to concerns that increased federal stimulus spending will spur inflation. The Dow Jones industrial average climbed as much as 420.81 points, or…
“# Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again ” The price of Bitcoin (BTC) is struggling to break past $51,000 on March 8 as the U.S. Treasury yield is rising again while the U.S. Dollar Index (DXY) is at the highest levels in over three months. The…