Search Results for "great decoupling"
Opportunity to Thrive In Times Of Uncertainty
If history has taught us anything, it's that humanity often takes great leaps forward in times of chaos and uncertainty. This is one of those moments, but it's important that global citizens take steps to ensure that no one is left behind. Now is the time to start thinking less as nations and more as single, unified species.
Is Bitcoin Finally Decoupling from S&P 500? BTC Soars While Stocks Plunge
Bitcoin has been displaying bullish behavior lately, gaining about 2% in the past week and bringing the crypto closer to a psychological threshold of $12,000.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?
While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.