Dow Recoups 275 Points As China Manipulates The Market - Again

in #partiko5 years ago

Trump May Not Be President in Time for US-China Trade Deal: Nyambura Tabitha


Goldman Sachs is no longer confident that a U.S.-China trade deal will be on the table before the 2020 election. Trade tensions between two of the largest global economies took a devastating turn over the last few days. This came after negotiations between th…

'Coinbase Effect' Makes Little-Known Cryptocurrency Go Bananas: P. H. Madore


Coinbase announced the potential addition of several new cryptocurrency assets this week. One of them, Matic Network (MATIC) jumped by over 60% in the 24 hours since the announcement. Little-Known Cryptocurrency Gains Over 60% With $100 Million Volume With a …

Dow Recoups 275 Points as China Manipulates the Market - Again: Sam Bourgi


The Dow and broader U.S. stock market began their long road to recovery on Tuesday after the People's Bank of China (PBoC) announced it would take decisive measures to stabilize the yuan. In other words, PBoC is manipulating the currency market in the directi…

Bitcoin Expert Schools 'Idiot' Scammer in Legendary Fashion: Mark Emem


Somewhere, there's a crypto scammer ruing the decision to pitch a fraudulent investment scheme to Bitcoin educator Ben Perrin. The Canadian YouTuber turned the tables on the scammer in epic fashion, defrauding the would-be thief and donating the proceeds to c…

Mark Cuban's Botched Miami Trade: Miscommunication or Revenge?: Aaron Weaver


Mark Cuban recently told the Miami Herald that his botched trade with the Miami Heat was a “miscommunication.” While there is no hard evidence to the contrary, the simplified story from the Dallas Mavericks owner leaves room for questions. The trade materiali…

BitMart Lists the People-Powered Blockchain Platform Ethos (ETHOS): Press Release


BitMart Exchange, a premier global digital asset trading platform, today announced the listing of Ethos. ETHOS/BTC and ETHOS/ETH trading pairs will be available starting at 8:00 AM (EDT) on August 6, 2019, and the withdrawal feature will be available on Augus…

DAO.Casino Blockchain Announces The Launch of its TestNet 2.0: Press Release


DAO.Casino Blockchain, a blockchain startup that aims to revolutionize the gambling industry, announces the release of its Test Net 2.0. The Test Net 2.0 introduces an optimized governance model and several new features, which includes the dynamic validator a…

Walmart Cryptocurrency Won't Suffer Facebook's Dismal Libra Fate: Analyst: P. H. Madore


Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was…

Dow Recovery Teeters on the Brink as Tuesday Turnaround Withers: Francois Aure


Despite brighter risk sentiment emerging during pre-market trading after stronger-than-expected yuan stabilization, the Dow Jones succumbed to the crushing weight of the trade war following the opening bell. Heading into the afternoon session, the index is up…

Mr. Wonderful Shames Bitcoin Bull 'Pomp' for 50 Percent Net Worth in BTC: Mark Emem


Businessman and reality TV star Kevin "Mr. Wonderful" O’Leary has slammed bitcoin bull Anthony Pompliano for concentrating too much of his wealth in one asset. This occurred after the co-founder and partner at cryptocurrency investment firm Morgan Creek Digit…

“When Lambo?” Freebitco.in Answers the Question With a Golden Ticket Contest: Press Release


When Lambo? A meme that’s as synonymous with the crypto community as bitcoin’s unpredictable highs and lows, owning a Lamborghini has become the be-all and end-all for crypto millionaires and enthusiasts everywhere. So much so that at Coindesk’s 2018 Consensu…

Battlefield V: EA's Forgotten Giant Receives Nasty Earnings Call Snub: Thomas Bardwell


It's that time of year where the corral of gaming heavy hitters release oft-soporific statistics amid lengthy earning calls to prove their commercial solvency to boards and investors. On cue, EA delivered an optimistic take at the end of last month, covering …

Facebook Poaches Ex-GOP Aide to Peddle Libra to Congress: P. H. Madore


Facebook has hired a former assistant to Republican Senator Mike Crapo as a lobbyist in their broader campaign to make Libra palatable to crypto skeptics on Capitol Hill. Susan Stoner Zook stopped working as an aide to Crapo back in 2013, according to her Lin…

Dow Storms Back as Trade War Tailspin Forces Fed’s Hand: Josiah Wilmoth


The Dow Jones stormed into recovery mode on Tuesday following its worst loss of the year as traders searched for - and found - a silver lining in the alarming escalation in the US-China trade war. Dow Recovers from Grisly 2.9% Crash All of Wall Street’s major…

Dow Recovers but Recession Alarm Hits Crisis Levels: Ben Brown


After the Dow shed almost 1,000 points on Monday, stock market futures point to a slight recovery on Wall Street this morning. Tuesday’s bounce, however, is tainted by the Treasury’s recession indicator which plunged to a level not seen since before the 2008 …

North Korea's $2 Billion Crypto Exchange Thefts Funds Kim's Nukes: UN Report: Mark Emem


A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters. The hermit kingdom has subsequently channeled the stol…

Here’s How Much Jeff Bezos Lost on the Stock Market’s Worst Day of 2019: Ben Brown


The US stock market collapsed yesterday, wiping out more than $700 billion in a matter of hours. Jeff Bezos was among the many billionaires that saw his net worth slashed, but how much did the Amazon boss lose? According to Bloomberg, Bezos’ net worth decline…

Bitcoin Price Explodes Past $12,000, 'Clear Skies' to 2019 High: Ben Brown


The bitcoin price pierced $12,000 on Tuesday as traders seek refuge from global instability on traditional markets. As global stock markets reel from the escalating trade war between the US and China, Bitcoin has climbed more than 20% in five days, briefly hi…

This One Image Proves Today's Stock Market Plunge is No Apocalypse: Lawrence Meyers


It can be a scary thing to see the Dow Jones down more than 900 points, the NASDAQ down 300 points, and the S&P 500 down almost 100 points. That means the stock market, in general, lost about 3 percent of its value today. Yet the stock market is now down just…

Amazon Lost More Value Since July Than 2.5 Times Tesla’s Market Cap: Lawrence Meyers


Amazon stock's market value fell by a whopping $28 billion in Monday’s stock market slaughter. Since July 18, when Amazon reported its quarterly earnings, it’s market value has declined by $103 billion. How huge is this loss? Let’s put it into perspective and…

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