Tag: btc price
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Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains
Bobby Lee said the history of bitcoin was among bubbles bursting and growing again Dado Ruvic/Reuters Bitcoin investors need to be aware of the strength 's history of large booms and busts, Bobby Lee said.The crypto exchange creator said bitcoin is likely to shoot up further but then crash dramatically.Yet Lee said he’s optimistic about…
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US stocks edge towards new records after jobless claims fall more than expected
Getty Images / Xinhua News Agency US stocks gained slightly on Thursday after falling jobless claims offered an encouraging sign of labor-market improvement.New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday. Economists surveyed by Bloomberg expected a reading of 775,000.The mild uptick puts the S&P 500 at the brink…