Bitcoin Price Surges by 10% to $16,300 After Week-Long Slump

The bitcoin price has started to demonstrate early signs of recovery and an upward trend after experiencing a week-long slump. 10 Percent Surge Over the past 24 hours, the price of bitcoin has surged by more than 10 percent, increasing from $14,500 to $17,000 at its peak. Since then, in the past three hours, the …

Bitcoin Price Barrels Past $16,000 as Altcoins Enter Decline

The bitcoin price made a bullish leap on Friday, crossing $16,000 to reach its highest point of the year. The ripple price, meanwhile, declined nearly 11 percent as the weeklong altcoin rally appears to have hit a wall. Bolstered by a resurgent bitcoin, the total cryptocurrency market cap rose to a new all-time high above …

Ripple Price Slides 13% as Coinbase Quashes Rumors of Imminent Listing

The ripple price declined 13 percent on Friday after Coinbase rebuffed rumors that it had already decided to list XRP on its brokerage and professional trading platforms. Ripple Price Declines 13 Percent The ripple price took a break from its heated rally on Friday, declining 13 percent to $2.64 on cryptocurrency exchange Bitinex after peaking …

Expect a Massive Year-End Rally for U.S. Stocks Expect a Massive Year-End Rally

There’s a good chance that stocks finish 2019 with a powerful rally. Catalysts include positive seasonality, strong market breadth, bearish sentiment, desperate fund managers, and a more dovish FOMC. Fear of recession and a poor outcome to the trade war have led investors to remain on the sidelines; both factors could now become tailwinds. A …

Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later …

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant …

World’s Largest Hedge Fund Manager Says 25% Chance of Recession – CCN Markets

Famous hedge fund manager Ray Dalio believes the U.S. is only at a 25% risk of recession, but one investment manager disagrees. | Source: AP When Ray Dalio speaks, you should listen. That’s because Ray Dalio’s hedge fund, Bridgewater Associates, has made over $50 billion for his clients. He isn’t just an investor. He’s a …

Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin – CCN Markets

The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover …

Fortnite Pro Tfue Tries to Hide Evidence After Saying N-Word – CCN Markets

Fortnite streamer Tfue was caught saying the n-word during a Minecraft stream, before trying to hide the evidence of what happened. | Source: Wikimedia Commons (i), Shutterstock (ii). Image Edited by CCN. Professional Fortnite player and Twitch streamer Tfue got caught saying the n-word during a stream. The streamer scrambled to delete the evidence that …