By CCN Markets: Rallying supporters to “Keep America Great,” Donald Trump raised the stakes of the 2020 election in a tweet. The president said if he’s not reelected, “there will be a market crash the likes of which has not been seen before!” If true, based on percentages, that means the stock market would lose 25% of its value after election day. The Trump Economy is setting records, and has a long way up to go….However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which
EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains
Bitcoin (BTC)’s price movement so far has been a reaction to the EUR/USD pair for the most part. In fact, Bitcoin (BTC) has rarely made any moves that were not coherent with movements in the EUR/USD pair. The monthly chart above for EUR/USD shows the Euro (EUR) in a strong ascending channel against the US Dollar (USD) since 1994. The first large circle shown on the chart above between 2003 and 2008 bears extremely close resemblance to the one formed this time between 2017 and 2018.
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Bitcoin Price Live: Bullrun in Cards As ETF Hype Fuels Unprecedented Rise
Cryptocurrency experts and users alike are scrambling for an explanation Tuesday after Bitcoin prices increased by $ 700 in around 45 minutes.
Bitcoin Jumps $ 700 In Under 1 Hour
After a week of range-bound trading between $ 6150 and $ 6750, BTC/USD suddenly broke out, topping $ 7000 in five minutes and going on to reach highs above $ 7500 on some exchanges. The price currently sits at 00.
On social media, commentators were scanning the internet for the major news they assume had triggered the price rise.
Coinbase ‘Unprecedented Victory’ Sees 14k Transactions Head To IRS
An “unprecedented victory for the industry” is how Coinbase describes the likely culmination of its year-long legal battle with US tax authorities this week.
$ 20k Or Nothing, Court Tells IRS
In a digest of the most recent events from court, communications director David Farmer said the exchange’s resolve to “take a stance” against the Internal Revenue Service (IRS) request for customer data prevented them being “unfairly targeted.”
The court ruled that only transactions over $ 20,000 must make their way to the IRS, in reality corresponding to around 3% of the total records requested last year or 14,000 transactions.