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Stocks Steal Spotlight From Bitcoin Despite Market Crash Warnings


Stock market seems to have stolen some attention from bitcoin (BTC), with young investors turning to equities. But as many expect a sharp correction and more volatility ahead, crypto analysts wonder what this would mean for the world's oldest crypto. "So far bulls are in charge," writes...

Economists Predict Worst Recession Ever for India Amid Lockdown Extension


Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...

Brace For Impact! How Would Another Stock Market Crash Affect Bitcoin?


Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different. Legendary...

Bank of England Predicts Worst Economic Crash in 300 Years for UK


The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make...

Bitcoin (BTC) Aces the Comeback After the March Crash in Comparison to Gold


Bitcoin price corrects downwards after swinging and hitting a 10-week long resistance slightly above $10k with only 2 days to halving remaining. However, this time the trend before halving seems to be quite different, unlike the one seen in 2012 and 2016. And, this time, analysts and influencers...

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions


Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown


Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...

Bitcoin Soars to Pre-Crash Levels, Breaks Above Key Technical Barrier


The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart. As of press time (11:40 UTC), bitcoin is up...

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