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NEWS FLASH
Oil Prices Rise by 0.4% on Hopes of Increased DemandChina’s April Economic Update: Mixed Sector GrowthMeme Stocks Soar: GameStop Up 126%, AMC 88%Senate Votes 60-38 to Repeal SEC’s Crypto PolicyEUR/CHF Tests Annual Highs with 17-Pip Gain
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Year: 2020

btc, bitcoin, BitMEX and U.S. markets, Chia Network

Second-Largest Bitcoin Producer and Strategic Partnership

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Canaan Creative is the second-largest Bitcoin mining hardware manufacturer in the world. This company from China is producing specialized mining hardware, including ASIC. As a reminder, AISIC refers to hardware that uses Application-Specific Integrated chips. Canaan’s sphere of interest also includes AI chip development. Based on the information provided by Canaan Creative, it produced more …

Second-Largest Bitcoin Producer and Strategic Partnership Read More »

Market Charts and Analysis

Daily Market Charts and Analysis February 20, 2020

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Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPAUD The British pound traded in the red previously, but prices still lie above the 50-day moving average. The Australian dollar is currently facing intense pressure by the increasing Australian unemployment and ongoing uncertainty …

Daily Market Charts and Analysis February 20, 2020 Read More »

Stocks and Peter Navarro

Mainland Chinese Stocks Fell by the end of Trading

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On Wednesday, Asian markets recovered despite the problems connected with coronavirus. Investors are closely monitoring the situation as they would like to learn more about the ongoing situation. Hong Kong’s Hang Seng index added 0.47% in the afternoon. However, mainland Chinese stocks were unable to strengthen their positions, as stocks erased gains to decline by …

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Samsung’s Blockchain Wallet and new opportunities

Crypto Mining Manufacturer and Northern Data AG

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The world’s second-largest Bitcoin mining hardware manufacturer Canaan Creative joined forces with the blockchain infrastructure firm Northern Data AG. The purpose of this agreement is to combine their technological and operational achievements. This way crypto mining company and Norther Data AG will optimize their operations. For example, the two companies will cooperate on artificial intelligence …

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Local economy and various factors

Argentina’s Debt Crisis and the International Monetary Fund

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South America’s second-largest country is on the cusp of another devastating default according to analysts. Meanwhile, international investors are closely monitoring the situation, as they would like to know how Argentina’s government would handle these problems. It is important to mention that Argentina needs to restructure $100 billion in debt. Out of $100 billion, the …

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Apple

Apple’s Announcement Affected the Stocks Across Europe

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Ongoing coronavirus outbreak created many questions about the future of China’s economy. Moreover, the virus outbreak could undermine the global economy as factories of many international companies are in China. On Monday, tech giant Apple issued a warning that had a negative impact on the stocks across Europe. The German DAX index declined 0.58% or …

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Samsung Blockchain Keystore and new opportunities

South Korean Technology Giant and Cryptocurrencies

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Cryptocurrencies such as Bitcoin, Ethereum, and others gradually became part of the modern world. Crypto-related companies, as well as companies not directly linked to the crypto industry, have the opportunity to earn money thanks to this industry. However, crypto adoption is not an easy task, and international companies should work harder to speed up the …

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Stocks and investors

European Stocks Declined Due to Apple’s Warning

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On Tuesday, European stocks experienced problems after Apple warned that the coronavirus outbreak might affect its revenue forecasts. The fears over the potential economic impact continue to affect the markets. The German DAX index declined 0.58% or 80.49 points to 13704.45. Meanwhile, the U.K.’s FTSE 100 index fell 0.70% or 52.03% to 7381.22. Moreover, the …

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The Euro fell with the Sterling; Asian currencies crumble

The Euro fell with the Sterling; Asian currencies crumble

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The Euro plummeted down against the U.S dollar on Tuesday, reaching its three-year low. Such a downfall was due to weak manufacturing and gross domestic product data from Germany. It seems that the eurozone is more vulnerable to external shocks than analysts claimed. Junichi Ishikawa, the senior foreign-exchange strategist at IG Securities in Tokyo, stated …

The Euro fell with the Sterling; Asian currencies crumble Read More »

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