Stock markets are leaning toward an optimistic open on Tuesday. | Source: REUTERS/Brendan McDermid After a heavy day of selling on Monday, Dow Jones Industrial Average (DJIA) futures held their nerve this morning. The stock market is cautiously optimistic as Chinese officials confirmed a low-level meeting in Washington this week to hash out trade issues. […]
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National Security Adviser John Bolton (R) awwon’t be advising Trump anymore and is out of a job. | Source REUTERS/Carlos Barria/File Photo Dow Jones Industrial Average (DJIA) futures swung wildly on Wednesday as traders come to terms with the shock departure of Trump White House warmonger John Bolton. His resignation triggered a swift drop in […]
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Bitcoin price fell sharply on Thursday’s trading to land around the $9,500 level. | Source: Shutterstock By CCN Markets: The bitcoin price crumbled overnight, breaching the psychological barrier of $10k and dropping as low as $9,334 on Coinbase. The fall marked a nine percent collapse in a matter of hours, wiping out a total of […]
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Donald Trump’s trade threats are ruffling feathers in Beijing. | Source: Photo by Ludovic MARIN / AFP By CCN Markets: Dow Jones Industrial Average (DJIA) futures exploded 230 points higher on Thursday as China said it wouldn’t retaliate to Donald Trump’s latest trade war threat. Speaking to reporters, China’s Ministry of Commerce spokesperson Gao Feng […]
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Donald Trump’s trade threats are ruffling feathers in Beijing. | Source: Photo by Ludovic MARIN / AFP By CCN Markets: Dow Jones Industrial Average (DJIA) futures exploded 230 points higher on Thursday as China said it wouldn’t retaliate to Donald Trump’s latest trade war threat. Speaking to reporters, China’s Ministry of Commerce spokesperson Gao Feng […]
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The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has […]
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By CCN Markets: Tesla stock is wildly over-valued and should be cut in half, according to Robert Medd of Bucephalus Research. Despite falling 35 percent in 2019 already, Medd believes Tesla stock has much further to crash. According to an interview with CNBC, he said Elon Musk is to blame for misleading investors over demand […]
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By CCN Markets: Dow Jones futures extended losses in early trading Wednesday after Morgan Stanley cautioned investors over a possible recession. Even with Federal Reserve rate cuts on the horizon in July, Morgan Stanley equities strategist Michael Wilson warned it might be too little, too late to prevent a recession. “Fed could cut as soon […]
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By CCN Markets: Coinbase is expanding its crypto debit card into six more European countries on Wednesday. After launching in the UK in April, the company saw “extremely strong take-up” for the card, and “blew past” the initial target of 1,000 cards. The Coinbase Card will now roll out in Germany, Spain, France, Italy, Netherlands, […]
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By CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long. The social media company is gearing up to announce its much-hyped cryptocurrency this month, but very little is still known about the project, known internally as Project Libra. On Sunday, Long […]
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