Several Americans are Buying Crypto with Stimulus Checks
Americans buying crypto with Stimulus money? Are Americans buying crypto with the 1200.00 coronavirus stimulus checks? Brian Armstrong seems to think so. A tweet, published by Armstrong on April 17, shows that the percentage of deposits and buys worth $1,200. ...
Opening up America: Time to get Back to Work
President Trump focuses on Reopening the Economy! President Trump focuses on reopening the economy despite saying 2 weeks ago that the nation could expect the most difficult period of the Coronavirus and could expect hundreds of thousands of deaths. The US death...
Unemployment Jumps Another 5 Million as Stocks and Crypto Move Up
Unemployment tops 20 million in the United States! Unemployment tops 20 million as another 5 million people have either been laid off or furloughed due to the Coronavirus. Data released by the Federal Reserve shows that manufacturing output fell 6.3% in March and...
Coronavirus may Uproot the Entire Educational System
Coronavirus influences college choice for new students. Coronavirus influences college choices for the graduates of 2020 – rural colleges are now in vogue as they are seen as being less affected by the virus. Thousands of students are rethinking their fall 2020...
Mike Novogratz goes LONG BTC, SHORT Stocks
Mike Novogratz Bullish on Bitcoin! Mike Novogratz bullish on Bitcoin despite Bitcoin falling under $7,000.00. He cites greater adoption around the globe and the unprecedented actions taken by central banks battling the fallout from the Coronavirus. “The risk on any...
ETH/USD LONGS Rocket Past All Time Highs
Ethereum Longs spike to a new time high! Ethereum Longs have also seemingly developed a relationship between ETH and Bitcoin Longs. On Bitfinex, around 300,000 ETH longs were added on April 10th. On the same day, around 5,000 BTC was taken off Longs in Bitfinex...
17 Million Americans have Filed for Unemployment Benefits in the last 3 Weeks
16.8 million Americans Filed Unemployment in the last 3 weeks! 16.8 million Americans have filed for unemployment in the last three weeks, and analysts fear that this is just the beginning. Jobless claims have skyrocketed in recent weeks as countless restaurants,...
Binance Sued for Embezzlement
Binance Accused of Embezzlement! Binance accused of embezzling $850,000-dollars worth of crypto funds. The owner of the account that was frozen by Binance says that the company stole his funds, but Binance says that they were following the requirements of the South...
Grocery Stores Begin Implementing New Lockdown Policies
Walmart limits number of customers due to Coronavirus! Walmart limits started on April 4th. This is to protect consumers and workers. According to Walmart’s executive VP and COO, customers will enter single file through one entrance, and only about 20% of the...
Crypto Market Faces Uncertainty as One Coin Outperforms the Rest
Bitcoin rebounds amidst Coronavirus economic shutdown! Bitcoin rebounds as well as other traditional safe havens, but Monero has gained 5% while Bitcoin gained 2%. XMR (Monero) is a privacy focused cryptocurrency and is ranked 11th according to CoinMarketCap with a...