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Cryptocurrency Daily Roundup – May 30

Bitcoin is attempting a rebound Wednesday morning, after it likely found support around $7,100 following the weakness since the start of the week. Here is a wrap of the main news from the cryptocurrency and blockchain space over the past Read More →

European Economics Preview: Germany Inflation, Unemployment Data Due

Flash consumer prices, unemployment and retail trade figures are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's retail sales and unemployment data. Sales are forecast to Read More →

Woes for the Euro continue as Italy could be heading to polls once again; Italian yields rise and bonds sell-off

Euro continues to sell-off as the political crisis in Italy shows no signs of easing. Mattarella, the Italian President could dissolve parliament and Italy could be back to the polls late this coming July.

Volatility and concerns over the Read More →

Cryptocurrency Daily Roundup May 29

Bitcoin price came down to a 7-week low of $7,040 Tuesday morning before showing signs of a quick recovery. This is the lowest price quoted for Bitcoin since April 12. The most popular cryptocurrency opened at $7,105 Tuesday and shed Read More →

Euro tumbles amid Italy’s political chaos

The euro continued to struggle dropping to a 6-1/2-month low against the dollar on Tuesday with the rebound seen at the start of the week crumbling as forex investors took a sour view of Italy seemingly heading towards another election.

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Vanguard Economist Says Bitcoin Price May Reach Zero

An economist at one of the world's leading investment companies predicted that there was a high likelihood of Bitcoin becoming worthless. "I see a decent probability that its [Bitcoin's] price goes to zero," Joe Davis, the global chief economist at Read More →