Huobi Prime Offers Cryptocurrency Investors a New Way to Trade

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Tuesday, March 26 will see customers of the cryptocurrency exchange Huobi experience a whole new way of getting their fingers around cryptocurrencies. Known as Huobi Prime, the system is a coin-launch platform that ensures all currencies purchased by Huobi users are immediately deposited into their accounts and tradable against the Huobi Token (HT) with minimal delays, according to a company press release. Fast Money in Your Wallet Customers will also have access to coins at below-market prices, as well as new projects and currencies not yet listed on major exchanges. Huobi’s executive team works with the project leaders of every […]

Ocasio-Cortez’s Popularity Is Dwindling Fast; Blames Fox News

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Alexandria Ocasio-Cortez is blaming Fox News for her dying popularity. The New York Representative is being demonized by people from her state and across the country according to a new Siena College poll. The survey shows 44 percent of respondents as having an “unfavorable view” of the congressional newcomer. Compare this with the mere 31 percent boasting a favorable opinion. The reason people know more is bc Fox News has turned into “AOC TMZ” (no offense to TMZ), so awareness is growing w/ GOPers.@JaneMayerNYer has reported deeply on this propaganda machine + it will be aimed at any Dem they […]

Dow Surges 160 Points in Minutes as Fed Says No Rate Hike in 2019

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On Wednesday, 11 out of 17 officials at the Federal Reserve reportedly voted to not increase its benchmark interest rate, vowing to remain patient. The Dow Jones immediately responded, surging 163 points within minutes. According to the WSJ, most Federal Reserve officials foresee the central bank raising the interest rate once in the upcoming three years, a move that could have a sustainable impact on the U.S. market. With positive fundamental factors in place including an increase in wages and productivity growth, and the noticeable progress in the U.S.-China trade talks, the Dow is projected to rebound following a volatile […]

CBOE Trashing Bitcoin Futures Signals Crypto Market Bottom: Brian Kelly

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Cryptocurrency investor Brian Kelly believes that the decision to drop bitcoin futures by the Chicago Board Options Exchange (CBOE) represents a watershed in the history of bitcoin, signaling that the crypto market’s longest-ever decline has finally found a bottom. BKCM Founder: CBOE Exit Shows Bitcoin Bear Market is ‘Exhausted’ Speaking on Tuesday’s edition of CNBC Fast Money, the BKCM Digital Asset Fund founder and CEO stated that he sees improvement in bitcoin address growth and market sentiment since December 2018 as evidence that the retail end of the bear market is “exhausted.” CCN recently reported that CBOE ditched bitcoin futures, […]

Democrats Fear Mueller Report Will Net Trump a Major Victory

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Since May 2017, America’s political class has waited in suspense as FBI Special Counsel Robert Mueller pieced together his comprehensive report on alleged Russian interference in the 2016 presidential election. As it draws to a close, it is becoming increasingly clear that it will take more than the results of a probe to unseat President Donald Trump or even weaken his reelection chances. Fearing the worst, a number of senior DNC figures, including House Speaker Nancy Pelosi, are distancing themselves. Democratic leadership is finally starting to consider the possibility that the much-awaited results of the probe are, in the words […]

Passive Investing Boom Poses Catastrophic Risk to Dow Recovery

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The trend for passive investing has reached new heights. According to a CNBC report, money continues to pump into ETFs tracking bundled assets – e.g., major indexes like the Dow Jones or S&P 500) – which now make up almost 50% of the entire stock market. Even the bond markets aren’t safe from the passive crowd. While everything looks rosy, there is a sinister threat lurking in the wings. Harvard Study Suggests Financial Stability Risks Associated With Passive Funds Active investors are struggling for assets, and their fees are less and less competitive. Who needs a hedge fund manager taking […]