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Cryptocoin

Bitcoin breaks $20000 level for first time

Bitcoin breaks $20000 level for first time

The Previous Bitcoin all time high was on December, 2017

The world’s largest cryptocurrency Bitcoin (BTC) smashed through important $20000 for the first time on Wednesday. The popular digital currency jumped almost 4.5% to move as high as $20,440. It has gain more than 170% this year, buoyed by demand from large investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become a mainstream payment method.

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Cryptocoin

Crypto trader Naisar Kothari arrested under PMLA

Cryptocurrency trader Naisar Kothari arrested under PMLA on Chinese Betting Scam

Online Chinese Betting Scam & International Hawala Case of Rs.1100 Crore

New Delhi: The Enforcement Directorate (ED), on Friday, has arrested a cryptocurrency trader Naisar Kothari in connection with its money laundering prove linked to an online Chinese betting scam and International Hawala case of over Rs.1,100 crore.

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USA

U.S April Retail Sales drop record 16.4 % ; Currency pairs reacts heavily

U.S April Retail Sales Drop

US April Retail Sales Drop : Covid Impact

U.S retail sales and factory output registered the huge drawback on record in April amid novel coronavirus pandemic . This new data illustrating a recession that it will likely takes years to fully recovery. US Retail Salas data declined significantly and it’s indicating how Wuhan virus is curtailing consumer spending , which is the main driver of the U.S economy .

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Finance

Dow Jones Shades Over 1000 Points in Wednesday Morning Trade due to Corona Recession

Dow Jones slips over 6% amid COVID-19 second wave

DJIA Plunged Due to New York Life and Death Lockdown ?

The Dow Jones Industrial Average fell yet again Wednesday Morning after staging short covering rally a day earlier. Just on Monday , the stock market had its worse drop since 2008 amid fears that the growing coronavirus epidemic would push the global economy into recession .  Today, in early morning trade , DJIA down 1005 points (4.02%) . The S$P 500 and the NASDAQ were down more than 3.5% .

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USA

Coronavirus Impact ; Dow Jones Plunges over 3% in Friday Morning Trade

Covid-19 Fears Recalling 2008 Economic Crash

The Dow Jones Industrial Average plummeted more than 900 points on Friday, as financial markets continue to plummet on uncertainty over the spread of the novel coronavirus. Concerns about the spread of the disease and a global financial slowdown are driving deep dips in the stock market. The Dow suffered its worst week since the financial crash of 2008.

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