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blog gold vs crypto 28 5 21

Gold vs Crypto: The Debate Goes on as the Tables Turn

Gold has recorded rises this month while cryptocurrencies are rapidly dropping. The divergence in direction has brought to the forefront the debate of whether the two assets are correlated. Gold has reached its highest levels since October and prices have

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blog gold rises to 27 5 21

Gold rises to 5-month high amid inflation fears

Gold rose to $1,912.74 per ounce yesterday, breaking through the psychological barriers of $1,900. The gold price rally, the highest in five months, is most likely the result of a weak dollar, inflation, and a drop in U.S. Treasury yields.

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blog new crypto appears 26 5 21

New Crypto Appears amid Concerns over Fed Stimulus Cut

Yesterday, despite rumors about Federal Reserve (Fed) officials discussing a plan to cut fiscal stimulus in the face of inflation, most markets closed positive in both the US and Europe. Cryptocurrencies are slowly recovering from last week’s plunge, with Bitcoin

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blog market watch bitcoin 25 5 21

Market Watch: Bitcoin, Indices, WTI Close Higher, Metals Decline

Yesterday, a new trading week started with cryptocurrencies exploring the upside and Bitcoin closing at almost $39,000, after the weekend’s intense volatility. The rise seems to be attributed to a tweet from Elon Musk stating that North American bitcoin miners

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blog eu summit cover brexit 24 5 21

EU Summit to Cover Brexit, COVID-19, Climate Change

Today, the European summit, a two days’ long political meeting at which the assembled political leaders will voice their foreign, social, and economic policy concerns, begins. In particular, the summit will focus on the review of Brexit agreements and Europe’s

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blog stock markets 21 5 21

Stability in Cryptocurrencies & Biden’s Tax Plan

During Thursday’s trading session stock markets stabilized. The Nasdaq broke above the 50-day moving average, the SP&500 was up 0.1%, oil suffered its biggest weekly drop since March, the dollar weakened, and cryptocurrencies seemed to steady after their plunge in

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blog cryptocurrencies and stock 20 5 21

Cryptocurrencies and Stock Markets Record Rapid Declines

Yesterday, the Federal Reserve (Fed) released data from its April meeting, a meeting that took place before the US employment decline, hiring constraints, and the unexpected rebound in consumer prices. Nevertheless, the Fed sees the economy as gradually recovering, and

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blog climate change leads 18 05 21

Climate Change Leads Central Banks’ Policies

“Climate change can directly affect inflation. This can happen when more frequent floods or droughts destroy crops and raise food prices, for example,” Frank Elderson, ECB Executive Board member and chair of the central bankers’ climate group noted in an

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blog bitcoin falls under 17 05 22

Bitcoin falls under $45,000; Global Interest Rates & Inflation

Bitcoin dipped below the $45,000 mark as Tesla CEO Elon Musk hinted on Twitter that they could be selling Bitcoin. US markets closed in the green on Friday after a choppy week of inflation data, stagnant retail sales, and a

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