Is Bitcoin due for a major correction? JPMorgan predicts drop to $42,000 after April halving – Fortune
A new report from JPMorgan warns of an impending price correction for the world’s top cryptocurrency. CFOTO/Future Publishing/Getty Images Bitcoin price—On Thursday, it topped $63,000.Although it has reached heights not seen in two years, the upcoming coin halving event could push the price down to $42,000, according to analysts at JPMorgan. “Bitcoin production costs have […]
Bitcoin sees 3% correction as GBTC investors dump nearly $600M – Cointelegraph
Bitcoin (BTC) has fallen more than 3% from its 24-hour high as investors in the Grayscale Spot Bitcoin Exchange Traded Fund (ETF) released $598.9 million from the fund on February 29th. This is the second largest net outflow on record. According to Cointelegraph Markets Pro, Bitcoin hit a 24-hour high of $63,585 in the early […]
Graham predicts there will be a ‘correction’ of Alabama’s IVF ruling
Sen. Lindsey Graham (RS.C.) said Saturday that there will be a “correction” of the Alabama Supreme Court’s ruling that frozen embryos are human beings. The ruling caused health centers in the state to suspend in vitro fertilization (IVF). process. “We are in favor of keeping these clinics open. As you know, there will be an […]
Rikers inmate chokes female correction officer weeks after another attack left guard with fractured nasal bones
A deranged inmate nearly strangled a female correctional officer at Rikers Island on Friday night — and another inmate, dissatisfied with his cell block, hit her in the face with a belt. Less than five weeks later, the Post learned. The shocking and awe-inspiring assault by the hulking inmates left two women injured and their […]
Stock gains to survive a market correction if rate cuts are delayed, one economist says – CNBC
One economist said if the central bank cuts interest rates later than investors are currently pricing in, recent stock gains could be sustained through the end of the year and weather a mid-year market correction. Ludovic Soubran, chief economist at German financial services firm Allianz, said that although there are seasonal fluctuations, profits have declined […]