Black Thursday

One of the most important crypto events of the year, the 2020 Bitcoin block reward halving, is rapidly approaching. Estimates derived from blockchain data, in fact, suggest that the key occurrence will come to pass in just under 30 days — a month.With this, the number of BTC coins issued…

Apr 14, 2020 at 21:01 UTCAfter weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.Prices for bitcoin (BTC) climbed less than a percent Tuesday, retracing gains lost the day before when it hit a one-week low, according…

As global markets grind to a snail’s pace, the architect behind bitcoin’s stock-to-flow prediction model has gone on the record to say that his work isn’t dead accurate, but order of magnitude right.Indeed, bitcoin’s leading indicator forecasts that the number one cryptocurrency is still set climb to new all-time highs…

Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a result of disagreements between opposing factions within the BCH community, which led to a group backed…

Sell-side pressure over the past two days has seen the price of Ethereum dip below key support at the $160 level. Currently, the second-largest cryptocurrency by market cap is priced at $159. But has fallen 8% from its recent high just two days ago.This move reversed an uptrend that peaked…

In the middle of February, when the cryptocurrency market (XRP included) was pumping to multi-month highs, emotions were running high; there was a class of Bitcoin investors who expected their favorite orange coin to rocket past its $20,000 all-time high by the time of the halving, as irrational as that…

As Larry Ellison sits in one of several idyllic bubbles he has created for himself, a lush 249-acre estate in Rancho Mirage, California, the playground of the powerful near Palm Springs, the world begins to fall apart. It’s Black Thursday, March 12, 2020: The U.S. stock market has suffered its…

Click to download audio version In the aftermath of the so-called "Black Thursday" crash from several weeks ago, MakerDAO's "DAI" ethereum backed dollar pegged stablecoin came untethered and was, for a time at least, functionally insolvent. In the aftermath, holders of the MKR token which allows holders to participate in governance…

The global COVID-19 crisis has sent the world’s markets into a tailspin, with virtually every asset class affected. On Monday, March 9, the NYSE tripped its circuit breakers for only the second time in history as the S&P 500 (NYSE:S&P) dropped by 7% just three minutes into the day’s trading.…

Annabelle Quince: Welcome to Rear Vision here on ABC Radio National. I'm Annabelle Quince and today the story of the 1929 stock market crash.Reporter: Global financial markets have been in freefall as fears reverberate around the world about the spread of the Coronavirus.Reporter : The All Ords index has lost…