Category: Crash


A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash


binanceA group of Binance customers are seeking to get their funds back after the platform froze in May. These users had leveraged positions and were unable to reduce them or close them. On May 19, Binance’s app crashed for more than one hour, leaving customers unable to manage their funds. These users are now pursuing […]










Cash Crisis: National Currencies Plunge in the Wake of Coronavirus


Cash Crisis: National Currencies Plunge up to 25% in the Wake of CoronavirusAnnouncing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.

The post Cash Crisis: National Currencies Plunge in the Wake of Coronavirus appeared first on Bitcoin News.


Bitcoin Live: How to Watch the Next Price Run or Crash in Real-Time


Bitcoin Live - How to Watch the Next Run or Crash in Real-TimeWatching the bitcoin price move can be exhilarating, or at times soul-crushing, depending on the market. The unpredictability makes watching things unfold in real-time compelling, and checking the price via live broadcast is further enriched by commentary from popular traders and influencers. These let viewers in on their point of view as the market roller […]

The post Bitcoin Live: How to Watch the Next Price Run or Crash in Real-Time appeared first on Bitcoin News.



IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020


IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide are struggling to address pressing issues such as stimulation […]

The post IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020 appeared first on Bitcoin News.


As US Expands Subprime Mortgage Program, Is a New Crisis Looming?


US Expands Subprime Mortgage Program, Is a New Crisis Looming?The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new […]

The post As US Expands Subprime Mortgage Program, Is a New Crisis Looming? appeared first on Bitcoin News.


The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn


The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested political […]

The post The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn appeared first on Bitcoin News.


Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes


Bitcoin's Big Price Drop Reminds Traders of the Long History of Flash CrashesOn Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when […]

The post Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes appeared first on Bitcoin News.


Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop


Fear, Loathing and Opportunity: How Crypto Traders Are Handling the DropThe last 24 hours have been the worst the cryptocurrency markets have seen since the 24 hours prior. Things have been looking grim for weeks in fact, but on Nov. 19 the situation went from bad to critical as BTC fell below $4,500, dragging the rest of the market down with it. While some investors […]

The post Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop appeared first on Bitcoin News.


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