Bitcoin’s Meteoric Rise Exposes Bitter Irony of Russia’s Crypto Skepticism

For anyone thinking of promoting bitcoin as an investment, Russia might not be the ideal place to set up shop. According to the Russian Public Opinion Research Center (VTsIOM), around 65% of Russians consider bitcoin to be a “disadvantageous investment.” The Bitter Irony of Russia’s Anti-Crypto Attitude While this could be attributed to bitcoin’s volatility, the finding is full of irony. To illustrate, a Russian who locked their savings in bitcoin in 2014 after the European Union and the U.S. imposed sanctions on Russia following the annexation of Crimea from Ukraine is better off compared to another who put his

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Risks Rise for Boeing Stock after Lion Air 737 Max 8 Nosedive Revelations

There is an eerie calm settling over Boeing Company shares (BA). Having been pressured sharply lower after the recent fallout from the second horrific crash of a 737 Max 8 airliner, the price is trading sideways in an incredibly tight range. Now, news about the (Lion Air) Max 8 plane having issues the day before it crashed could disrupt this detente. Max 8 Nearly Crashed the Day Before It Nosedived An off-duty pilot flying on the doomed airliner allegedly managed to save it from nosediving the day before it eventually crashed. This is significant because if true, it would demonstrate

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Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $ 3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. Why? The institutional broker-dealer SFOX report collects key metrics, including volume, price, and volatility data from eight major exchanges on four leading crypto assets–Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. It then analyzes their global performance. According to the report: Two things stand out in this month’s

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Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez

By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone as part of her political strategy. Horizon Investments: Watch Out for Ocasio-Cortez Speaking to Yahoo

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