Bitcoin, after taking a week-long breather in its blistering 2021 bull run, has suddenly shot higher. The bitcoin price briefly climbed past the closely-watched $50,000 per bitcoin level for the first time late on Monday evening, hitting $50,110 on the San Francisco-based exchange Coinbase and $50,240 on the Singapore-based crypto derivatives exchange Bybit before falling […]
Vote for us at Traders Awards 2020
We’re delighted to announce that we’ve been nominated in The Traders Awards 2020 by FinEXPO for the 3rd consecutive year. We’re nominated into two Categories, Best Trading Guru in the Philippines and Best Media for Traders in Philippines, and we’re pretty excited about it. The voting will last through all Traders Fair series which goes […]
BREAKING: Oil prices drops below $0 amid coronavirus pandemic
The American oil industry is facing a doomsday scenario. The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. That double black swan has caused oil prices to collapse […]
US & Asian Stocks drop after Trump speech disappoints investors
Futures contracts tied to the major U.S. stock indexes fell early Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. The move comes after the Dow Jones Industrial Average ended its historic 11-year bull market run by closing in a bear market. As of […]
Fed cuts rates by 50 basis points in emergency move
The Federal Reserve, in a surprise move, cut its benchmark interest rate by 50 basis points. The move comes amid increasing unease over the economic effects from the novel coronavirus spread. The Federal Reserve announced an emergency rate cut Tuesday of half a percentage point in response to the growing economic threat from the novel […]