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Bitcoin Beats Gold in Safe Haven Battle as Coronavirus Death Toll Rises

Bitcoin Beats Gold in Safe Haven Battle as Coronavirus Death Toll Rises

Bitcoin’s price comes within a hair of $9,000 en route to its highest level in over a week. Bitcoin’s correlation to gold flips positive, according to Bloomberg. Fears of a coronavirus pandemic put a damper on stocks and other risk assets. Bitcoin launched toward $9,000 on Monday, as the spread of coronavirus forced investors to…

Dow Beats the Holiday Blues After Christmas Sales Smash Records

Dow Beats the Holiday Blues After Christmas Sales Smash Records

The Dow recorded its fourth straight session gain. Last-minute Christmas shopping helped US retail sales set a single-day sales record. That bodes well for January’s economic data dump. The Dow Jones Industrial Average rose for a fourth consecutive day on Tuesday, as last-minute Christmas shoppers primed the US economy for a strong batch of retail…

Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course – CCN.com

Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course – CCN.com

Senegalese-American Akon offers his take on bitcoin during a radio show. | Source: REUTERS/Thomas MukoyaSinger Akon has rubbished the common perception that cryptocurrencies such as Bitcoin are too volatile. Per the U.S. musician, crypto enjoys more stability relative to fiat currencies.Speaking in a radio interview on the Breakfast Club, Akon defended the volatility that Bitcoin…