Bitcoin Volatility is Dying Fast; BTC Plunged 50% From $6,500 in Last Free Fall

In the last 72 hours, the cryptocurrency market has been relatively stable at $ 111 billion as the Bitcoin price initiated no major movement. Bitcoin has struggled to break out of key resistance levels or drop below crucial support levels, demonstrating a stalemate for well over three weeks. Since January, Bitcoin has remained in a low range between $ 3,200 to $ 4,000, unable to engage in any meaningful short-term price movement. Bitcoin Volatility Dropping May Mean Bad News The volatility of Bitcoin has dropped significantly since mid-January as the dominant cryptocurrency showed stability in a tight range in the low region of

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Apple Earnings: Profits Slip, iPhone Sales Fall Way Short of Estimates

Apple’s fiscal Q1 revenue and profits fell, marking the first time the company had to report such dismal numbers for this particular quarter in more than 10 years. The culprits behind the declines were slowing iPhone sales and China’s economic downturn. Apple CEO Tim Cook talking about China on the company earnings call moments ago. Here's what he said: pic.twitter.com/Vt5GSABwB4 — CNBC's Fast Money (@CNBCFastMoney) January 29, 2019 The tech giant’s earnings per share and revenue did beat analyst estimates. This was despite iPhone sales coming in lower than estimates. Apple had warned investors about the expected lower sales at the

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Energy Provider PG&E Files for Bankruptcy, the Last Gasp of Its Incredible Fall

Pacific Gas & Electric, a California-based energy and power provider and owner of the country’s biggest power utility, has filed for Chapter 11 bankruptcy protection on January 29, after the company became overwhelmed by the liabilities resulting from the Northern California wildfires of 2017 and 2018. In a published statement, the company, which owns the largest power utility in the United States, is seeking approval from the court for a $ 5.5 billion debtor-in-possession financing. A court document filed with the United States Bankruptcy Court for the District of Northern California showed that the company had assets totaling $ 71.39 billion, while

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Bitcoin Price Retreats Under $3,400: Here’s Why a Fall to the $2,000-Range May Be Inevitable

In the last 24 hours, the Bitcoin price has dropped from $ 3,505 to $ 3,322 by more than five percent against the U.S. dollar. The abrupt decline in the Bitcoin price led the valuation of the crypto market to plunge by over $ 10 billion in a three-day span. Major crypto assets such as Bitcoin Cash (BCH) and EOS (EOS) recorded large losses throughout the past week and was surpassed by Tether (USDT) in market valuation. Dropping Below $ 3,000 is a Possibility For Bitcoin Throughout the past three months, despite recording intense sell-offs at times, Bitcoin has defended the $ 3,000 support level

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Was the Netflix Price Hike a Mistake? Shares Fall as Hulu Slashes Rates

By CCN.com: Popular streaming service Netflix made headlines – and undoubtedly left some customers up in arms – after a round of price hikes that represented the company’s largest since its streaming service launch. Is Netflix’s Rate Hike Coming Back to Bite the Streaming Giant? As CCN reported, Netflix raised subscription fees by between 13-18%. The

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