Black Thursday

Authored by Keith Wareing via CoinTelegraph.com, Bitcoin price has started to show signs of stabilization since the black Thursday selloff two weeks ago, but is this something we can expect to continue? Or is this a dead cat bounce on the way down to lower lows? In today's analysis I’m looking…

Bitcoin’s (BTC) rapid 50% price drop in the wake of Coronavirus concerns aroused chatter around banning the ability for traders to assume short positions in cryptocurrency markets. Question is, would that be the right move?Crypto market daily performance. Source: Coin360Flash crash raises spectre of shorting bansOn March 12 Bitcoin dropped…

Capitol Report Published: March 20, 2020 at 11:10 a.m. ET Second-quarter GDP could shrink by a record 10%-plus or more The front page of the Brooklyn Daily Eagle newspaper published on the day of the initial Wall Street Crash of 'Black Thursday', 24th October 1929. Getty The deepening coronavirus crisis…

Stock markets have crashed, we can be confident of that. History suggests there is no quick recovery from crashes like these, which means lasting consequences for investors. The World Health Organisation declared the COVID-19 coronavirus a pandemic last Wednesday, wiping US$7 trillion off global equity markets. A day later, now…

Another week, another round of Crypto Tidbits. Last week was almost undoubtedly Bitcoin’s worst week ever. The price of the leading cryptocurrency fell from the weekly high of $9,200 to a low of $3,800, a drop of nearly 60% in a week’s time. Altcoins fared even worse than the market leader,…

The shock had turned worry about the coronavirus to full-blown panic, wiped trillions of dollars from Asian stocks and sent futures for European and US markets plunging. As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they…

By Tom Westbrook and Scott MurdochSINGAPORE/HONG KONG (Reuters) - As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they had better head to work early in the morning.By daybreak in Europe, the price of crude oil had…

SINGAPORE/HONG KONG (Reuters) - As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they had better head to work early in the morning. A man wears a protective mask as he walks on Wall Street during the…

"When it happens, you can't do much about it," said Taylor, whose experience in the Mexican, Russian and Asian financial crises in the 1990s and the global financial crisis in 2008, taught him hard lessons about liquidity and helped him prepare."People laugh at the old-fashioned techniques of the older guys,…

Opinion18:54 GMT 13.03.2020(updated 18:57 GMT 13.03.2020) Get short URLGlobal economies are currently simultaneously struggling with two sources of pressure – the coronavirus pandemic that has not only crippled the travel industry, but also production in several countries, as well as drastically falling oil prices. However, economists do not believe that…