Bitcoin Value Will Hit $50K in 2018

bitcoin value

Ran NeuNer, the host of CNBC’s CryptoTrader show, has rescinded his earlier prediction that Bitcoin (BTC) will reach $50,000 by the end of 2018, in a tweet Thursday, Nov. 1. NeuNer’s original prediction post from Feb.1, 2018 stated: “For the record, I am pinning this tweet. Bitcoin will finish 2018 at $50 000.” In his tweet today, the analyst stated the exact opposite of … Read more

Gold Value Rises as Silver Declines

gold value rises as silver declines

Precious metals futures split in the mid-week trading session Wednesday. Gold was among the winners, rising for a second session in a row as U.S. stocks sank on the day. Gold for December delivery rose $1.90, or 0.2%, to settle at $1,193.40 an ounce on the Comex division of the New York Mercantile Exchange. “Gold is holding steady … Read more

What happens when the US Dollar Increases?

us dollar increases

With the U.S. dollar considerably strengthening against other major currencies in recent months, you might be wondering: Why is this happening? The value of one currency against another is in large part a function of central bank policies in each country. If a central bank pursues loose policy — low interest rates that increase the … Read more