By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After a painful week for the stock market in the U.S., the S&P 500 had its best day since July,…
Bitcoin (BTC) may spend the time until its next block subsidy halving battling recession, Elon Musk suggested.In a tweet on Oct. 21, the Tesla CEO revealed his belief that the…
By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After a painful week for the stock market in the U.S., the S&P 500 had its best day since July,…
Bitcoin (BTC) wobbled in its narrow trading range at the Sept. 29 Wall Street open as official data put the United States economy in recession. BTC/USD 1-hour candle chart (Bitstamp). Source:…
On Aug. 30, global investment bank UBS increased its view on the risk of the United States entering a recession within one year to 60%, up from 40% in June.…
Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States had entered a new recession.BTC/USD 1-hour candle chart (Bitstamp). Source:…
“It was simple to understand, it was black and white,” said David Wessel, senior fellow in economic studies at the Brookings Institution and former Wall Street Journal economics editor. “The…
By Adrian Kenny, Senior Sales Trader at the publicly listed digital asset broker GlobalBlock The week has continued a very welcomed up trend, at the time of writing, with Bitcoin sitting at…
By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to fall and reached a key level of support, dropping below $33,000. After the Federal Reserve raised rates by…
The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from…
