Extremely Undervalued: Why Ethereum Should Be Worth Much More

Ethereum is the world’s second-biggest cryptocurrency for a reason, yet it’s still vastly underappreciated. The coin’s value touched highs of over $4,000 earlier this year but the crypto market dip did not exclude it and, as of Monday, it was under $2,100. The currency’s developers already have an upgrade on the way, in the form… Continue reading Extremely Undervalued: Why Ethereum Should Be Worth Much More

Extremely Undervalued: Why Ethereum Should Be Worth Much More

Ethereum is the world’s second-biggest cryptocurrency for a reason, yet it’s still vastly underappreciated. The coin’s value touched highs of over $4,000 earlier this year but the crypto market dip did not exclude it and, as of Monday, it was under $2,100. The currency’s developers already have an upgrade on the way, in the form… Continue reading Extremely Undervalued: Why Ethereum Should Be Worth Much More

Biden 'extremely optimistic' about May jobs report, economists less so

The jobs report disappointed expectations of economists hoping to see higher numbers.  (iStock) The U.S. Bureau of Labor Statistics released its latest jobs report Friday showing the U.S. economy gained 559,000 jobs in May. And while President Joe Biden voiced his optimism over the report, economists are less enthusiastic.  "This morning’s jobs report from the… Continue reading Biden 'extremely optimistic' about May jobs report, economists less so

Bitcoin Paints Two Extremely Bearish Patterns: Death Cross and Double Top

Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month. The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving average slipped below its… Continue reading Bitcoin Paints Two Extremely Bearish Patterns: Death Cross and Double Top

‘Extremely horrific’ fire at New Delhi factory kills at least 43 workers

At least 43 people have died in India’s capital New Delhi after a fire swept through a factory where workers were sleeping, police have said. Another 16 people were being treated for burns or smoke inhalation and more than 50 people have been moved to safety, a Delhi Fire Service official said. The blaze broke out… Continue reading ‘Extremely horrific’ fire at New Delhi factory kills at least 43 workers

Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury's Comment

U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance. Echoing Donald Trump’s stances to a T, Steven Mnuchin noted that “cryptocurrencies such as Bitcoin”… Continue reading Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury's Comment

"An Extremely High Percentage" of Institutional Investors Interested in Crypto Says Fidelity’s Jessop

Tom Jessop, Fidelity Investments head of corporate business development and digital assets, said an internal survey of institutional investors showed there is “an extremely high percentage interested in this space.” His comments were made during the Institutional Crypto Conference at Bloomberg Headquarters on Monday where Fidelity announced a new subsidiary with 100 employees to provide “institutional… Continue reading "An Extremely High Percentage" of Institutional Investors Interested in Crypto Says Fidelity’s Jessop