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As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and the persuasion powers of its senior executives. Mark Zuckerberg prefers closed-door approach In a leaked audiotape of a Facebook town hall released by The Verge, the co-founder and CEO of […]
Gold and coins = stablecoins? Source: https://cointelegraph.com/rss
The S&P 500 (SPX) has been in a strong uptrend since March 2009. To date, the large-cap index has been in a bull market for 127 weeks. According to CNN, the S&P 500 is in the midst of the longest bull run in history. Consequently, many market participants feel euphoric. They think that the party […]
The Dow fell for a second consecutive day as Wall Street wrestled with worrisome economic data and digested analyst warnings about the Trump administration’s potential move to block US investment in the Chinese market. Dow Nosedives Toward 26,000 Wall Street’s three most closely-followed indices endured sharp declines at the opening bell. The Dow Jones Industrial […]
Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than 40% in previous bull runs and many market participants are comfortable holding the cryptocurrency. To prove […]