Tag Archives: Cryptocurrencies

Bitcoin surges above $8,000 for the first time in 2 months ahead of a key halving in the crypto markets | Currency News | Financial and Business News

May 24, 2020 Bitcoin Cash, Crypto 0

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration

Reuters Bitcoin crossed the $8,000 mark for the first time on Wednesday since March ahead of “bitcoin halving” that will take place on May 12.  Some analysts expect the bitcoin halving to increase prices. “After the two previous halvings, we’ve seen the price reach an all-time high within 3-9 months …

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From precious metals to loans on the brink of default: Investors are flocking to these assets after the coronavirus market meltdown

May 23, 2020 Bitcoin Cash, Crypto 0

NYSE fearless girl Wall Street

Mike Segar/Reuters Periods of widespread selling and cash-hoarding shifted the sands of the investing landscape to reveal new opportunities. Several of Wall Street’s biggest firms are raising billions of dollars to pile into distressed debt, viewing the Federal Reserve’s relief measures as a backstop for ailing corporations. Significant spending on …

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