Category: BLOOMBERG

Evergrande Losses Sparks Fear Of Looming Credit Contagion, Janet Yellen Asks To Raise US Debt Ceiling

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…

Analyst Predicts ‘Refreshed Bull Market’ For Bitcoin, Price Heading Toward $100K

Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that…

Bearish Or Bullish? Bitcoin Traders Argue Over Death Cross Outcome

On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when…