The cryptocurrency market is finally rising up from the ashes witnessed barely a month ago. A clear sign is forming with the rising daily trading volumes in an up-trending market, which gives a very bullish signal on the crypto market. The rise in price seems to be directly impacting the price of exchange tokens as […] [Read More...]

CoronavirusBy Reuben AbatiNigeria announced its first COVID-19 case on February 27 – an Italian who came into the country on February 24 and displayed symptoms of the disease while visiting Lafarge Cement Company in Ewekoro, Ogun State. He has been treated and discharged. Since then Nigeria has recorded a total of 111 cases, as at […] [Read More...]

Whitney Tilson’s email to investors discussing the best chart EVER on how the coronavirus developed in Chinaand the implications for us; What happens after big first-quarter declines?; Luckin Coffee collapses.Q4 2019 hedge fund letters, conferences and moreHow The Coronavirus Developed In China1) STOP THE PRESSES!The chart below, which shows how the coronavirusdeveloped in China, may […] [Read More...]

CNBC transcript: Dallas Fed President Robert Kaplan Speaks with CNBC’s Steve Liesman on “Squawk on the Street” today on expecting a severe economic contraction in the second quarterFrom CNBC’s “Squawk on the Street”Q4 2019 hedge fund letters, conferences and moreDallas Fed president: Expect a severe economic contraction in the second quarterSTEVE LIESMAN: Yeah. Maybe the […] [Read More...]

To accelerate COVID-19 related clinical research, especially in resource- limited settings, the Lancet has announced a global coalition of a number of scientists, doctors, policy makers, academia and funders from over 70 institutions across 30 countries. The global pandemic getting out of hands is the biggest fear and horror that has overwhelmed the entire world. […] [Read More...]

Oil prices continued to rise Friday in anticipation that OPEC and Russia will reach a deal to cut production, easing downward pressure on prices due to an oversupply.Saudi Arabia and Russia have flooded the market with oil as demand collapsed due to the worldwide economic shutdown caused by spread of the coronavirus, also called COVID-19.West […] [Read More...]

Junior goldstocks have taken a beating alongside other stocks, but history suggests this could be the time to dive in. The Vaneck Vectors Junior Gold Miners ETF is down from where it was in February, although it’s starting to show signs that it could revive soon.Q4 2019 hedge fund letters, conferences and moreCrescat likes junior […] [Read More...]

New York (AFP) – The price of crude oil surged again Friday after OPEC said it would talk to non-members, notably Russia, giving investors hope for an end to a price war which has created market chaos along with crushed demand because of the coronavirus.OPEC oil producers and their allies will meet Monday via video […] [Read More...]

Needless to say, Q1 wasn’t what we were expecting. And unfortunately, market declines and volatility — both in traditional and cryptomarkets – but is there a difference between primary or secondary tokens? Things are just getting started, according to Alexander Blum, crypto investment expert and Chief Operating Officer of fintech firm Two Prime. Here are […] [Read More...]

New Survey Reflects India’s Crypto Boom Will Come From Entrepreneurs and Enterprise With Continued Success Of Digital Assets Dependent On KYC And Regulation India’s sentiment on cryptocurrencyremains strong before and after the ban lift with 2020 being a stellar year for female investors Q4 2019 hedge fund letters, conferences and moreApril 2, 2020 — Paxful,a […] [Read More...]

Coinmarketcap, the largest data aggregator in the crypto space, announces its acquisition by Binance in one of the biggest acquis. In the field ever. The “independent partnership” between two of the largest companies in the field is set to increase the adoption rates of crypto globally and improve the quality of data offered across the […] [Read More...]

Many big companies have suspended their share buyback programs amid pressure from lawmakers and others. One firm argues that this is unwise because it has removed the only buyer at the time of a major market plunge. However, there are some good reasons to suspend buyback programs at a time like this.Q4 2019 hedge fund […] [Read More...]

Bitcoin [BTC] logs a 7% increase in the last four hours of April 1, 2020, with the price shooting to highs at $671x. The surge caused short order liquidations to the tune of $27 million on BitMex in the last six hours. Anthony Elia, Co-Founder of the digital asset management firm, FinanceDA, tweeted, Things are […] [Read More...]

SEOUL, South Korea, April 02, 2020 (GLOBE NEWSWIRE) — As much as the roller-coaster stock market, bitcoin investment sentiment tends to be extremely divided. In a recent survey conducted by digital assets wallet ‘Dove Wallet’, when asked about their willingness to buy Bitcoin at this havoc, 39% of respondents expressed ‘now as a full bull […] [Read More...]

New York (AFP) – Global stocks experienced another rout Wednesday as the human and economic toll from the coronavirus continued to rise and more governments shut down activity to try to contain the outbreak.Stock market gains last week sparked talk among some investors that the market might be adjusting to the abrupt suspension of so […] [Read More...]

To support COVID-19 affected businesses and individualsAt present the banking sector in Sri Lanka as a whole is operating with healthy capital and liquidity buffers reflecting resilience and stability.Since 2017, the banks have built up capital which can be utilised in times of stress. As at end 2019, total capital adequacy ratio of the banking […] [Read More...]

Bitcoin price consolidation above $6,000 likely to give way for a rally above $7,000. BTC/USD focuses on penetrating the resistance at $7,000 to boost the price above $8,000 ahead of the May 2020 halving. Following a gruesome month of March for Bitcoin and the entire cryptocurrency market, April appears to have started on a positive […] [Read More...]

It is reasonably certain that COVID-19 will extract its deadliest toll on poorer countries, due in part to rules set by Western-led global institutions.World Health Organization Director General Tedros Adhonom Ghebreyesus has urged governments to “double down” against the pandemic. But austerity measures imposed by the IMF and World Bank have stripped the world’s poorest […] [Read More...]

Whitney Tilson’s email to investors discussing the best three e-mails he has ever written; Why I’m even more optimistic and bought stocks this morning; Is it immoral for me to give investment advice right now?; Reader feedback and my replies; Volunteering to build a field hospital in Central Park. Q4 2019 hedge fund letters, conferences […] [Read More...]

Paris (AFP) – Harsh lockdowns aimed at halting the march of the coronavirus extended worldwide Monday as the death toll soared past 35,000 and new waves of US outbreaks pushed the nation’s containment efforts to the brink.Despite slivers of hope in stricken Italy and Spain, the tough measures that have confined some two-fifths of the […] [Read More...]