Chart analysts are getting worried about bitcoin: ‘No touch’
Bitcoin’s drop this week paints a pretty discouraging picture for the near future, technical market analysts say. Critically, bitcoin failed Monday to break above a key level close to $12,000, they said. The cryptocurrency has fallen more than 20 percent...
Wall Street analyst creates new index that tries to tell you when to buy bitcoin
Now is the time to buy bitcoin, according to a new “misery index” for the cryptocurrency created by a Wall Street strategist. “When the bitcoin misery index is at ‘misery’ (below 27), bitcoin sees the best 12-month performance,” Fundstrat Global...
Sideways: Dick Fuld – my part in his downfall
In the early summer of 2007 I was by the pool at the Hotel Arts in Barcelona, recovering from an all-night session at the casino after a securitization conference, when none other than JPMorgan investment bank head Bill Winters came...
New Mexico City airport seen as test for Amlo
A ‘devil’ with two aeroplanes is held aloft during a protest against the new Mexico City airport The fate of Mexico City’s New International Airport (NAIMC) is being seen by investors and bankers as a litmus test for the conciliatory...
Bitcoin prices fall below $9,000 — a 24% decline for the week
Bitcoin fell below $9,000 during Friday afternoon Asia trade, extending losses seen earlier in the week when it dropped below the key $10,000 level. The cryptocurrency fell as low as $8,370.80, down 24 percent for the week, according to CoinDesk’s...
ECB Surprisingly Removed Easing Bias, Draghi Downplayed The Implication On Future Policy
Surprising to most market participants, ECB dropped the easing bias in the forward guidance. While this had initially sent the euro slightly higher, it reversed as President Mario Draghi reinforced that the act was ‘backward looking’ and would not affect...