Black Monday Anniversary: Why Bitcoin Investors Should Be Concerned
Today marks the 33rd anniversary of the Black Monday on Wall Street that sent stocks setting historic records for intraday declines. Although this year already had a similar day of its own, there’s reason to believe that another collapse could happen in Bitcoin. Here are the primary factors behind what could cause the crypto market to drop on the ominous anniversary. Will Bitcoin Bow To Black Monday Anniversary? Black Thursday is a day that crypto […]
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Carlo Caraluzzo has been all over Bitcoin Black Friday, having previewed it on Tuesday and reviewed it over the weekend. Be sure to also check out the comprehensive Bitcoin Black Friday guide for some left over deals. On Monday, William Suberg reported that eBay CEO Devin Wenig suggested his company might follow the path of PayPal by adopting Bitcoin payments at some point. “Bitcoin Black Friday has been growing more popular each year, and it promises to double its popularity this hear. Last year, the number of participating merchants reached 600 and Bitcoin sales climbed to US$6 million.....
Bitcoin Black Friday returns this year with incredible deals and payments technology from November 27 to November 30 (Cypher Monday). The post Bitcoin Black Friday Is Back On November 27! appeared first on Bitcoin Magazine.
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped 1.6% against the U.S. dollar during the past 24 hours. However, after Elon Musk revealed he acquired Twitter at 2:50 p.m. (ET), both equities and crypto markets rebounded a great deal following the announcement.
Global....
PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in recent months.
Ariva launches reward program to celebrate 1st anniversary
Ariva has announced a giveaway campaign to celebrate the first birthday that will reward users with different prizes. This includes a limited collection of its Arivaman NFT to 6 winners, $30 million ARV tokens to 30 participants and $6k....
To all those who track financial markets and asset classes, yesterday was a clear Black Monday. The global equity markets and commodities crashed as fears over the slowing Chinese economy once again gained prominence. Bitcoin too had its forgettable session yesterday as it cracked more than 13 percent intraday to hit a sub-$200 low. What's even more concerning is that the crucial support of $220-225 has been breached decisively, which has opened up the downsides to the target of $170-190. Technically, the violation of this support is a great indication that bears will exert even more....