Dow Eyes $68 Billion Boost from Forgotten Trump Trade Deal

By CCN: The United States and China have spent months laboring over a new trade agreement, one that President Trump says will solve longstanding disagreements between the world’s two largest economies. Wall Street has been just as meticulous in its obsession with the minutiae of the negotiations, seeking to glean how they will impact the stock market. Almost forgotten is that Trump struck another major trade deal last year, one that – once ratified – could provide the Dow Jones Industrial Average and its peers with a major boost. Analysts: Trump’s NAFTA Deal Will Add $ 68 Billion to US Economy

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Key Bitcoin Indicators Rage Bullish as Crypto Gains $40 Billion in 1 Month

By CCN.com: Over the past 24 hours, the bitcoin price briefly surpassed the $ 5,300 mark in a short-term spike but retraced back to the $ 5,200 region. In the past 30 days, as the bitcoin price gained 31.3 percent against the U.S. dollar, the valuation of the crypto market increased by $ 40 billion. Strong performances of alternative cryptocurrencies such as Enjin Coin and Binance Coin, which recorded 404 percent and 266 percent year-to-date gains respectively, pushed the momentum of the crypto market further. Technical Indicators Showing Bullish Trend For Bitcoin For the first time since May 2015, a technical indicator called

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$1 Billion Crypto Hedge Fund Crashed 40% – But Still Beat Bitcoin

Crypto hedge fund traders were not immune to bitcoin’s downright frigid bear market. Just look at Polychain Capital, whose assets under management (AUM) fell to $ 591.5 million at year-end 2018, according to a regulatory filing cited in the Wall Street Journal. Investors Stay Put in Polychain Capital’s Fund The San Francisco-based crypto hedge fund boasted $ 1 billion in assets as of February 2018, which in addition to cryptocurrency included unspent cash pledged by investors and equity holdings in companies, Fortune reports. The value of Polychain’s AUM, however, tumbled nearly 40% between April and December 2018 when the bear market gripped

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The $4.2 Billion Man: Ecuador’s Betrayal of Julian Assange Reeks of Corruption

Could it be a coincidence that the International Monetary Fund (IMF) handed the Republic of Ecuador a sweet $ 4.2 billion staff-level financing deal at the end of February, and 50 days later the Ecuadorian embassy invites London police in to arrest Julian Assange and hand him over to the United States? That looks suspicious as hell, doesn’t it? $ 4.2 Billion Loan Raises Alarming Questions Here’s a timeline of those fifty days: The $ 4.2 billion IMF deal goes down on February 20th. Later that month, Chelsea Manning receives a subpoena for information her legal counsel says is: “duplicative of evidence already

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Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $ 4.5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020. The proposed increase stemmed from expected demand following the launch of the Model Y SUV. Tesla stock fell more than 4% in pre-market trading, dipping as low as $ 265.60 following the bell. By press time, TSLA shares had

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$10 Billion Wealth Advisor: Global FOMO Primes Bitcoin for 40% Surge

Bitcoin is primed for a bull run to $ 7,000 later this year, says a major global asset management and financial advisory company in comments early Tuesday morning. DeVere: Crypto Winter is Over & Bitcoin Will Boom Nigel Green, founder and chief executive of DeVere Group, a $ 10 billion financial advisory and wealth management firm for high net worth individuals, says crypto winter is over: “I’m now calling that the market has bottomed and the so-called crypto winter has come to an end. I believe Bitcoin will now move higher over the next few weeks and months, making steady gains for

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