Latest Dow News

  • Bitcoin’s ROI Since 2015 Outperforms Five Major Indices by 70X
    Bitcoin’s ROI Since 2015 Outperforms Five Major Indices by 70X
    Analyst Justinas Baltrusaitis says Bitcoin’s return on investment from 2015 to 2020 puts the digital asset ahead of many traditional markets. Bitcoin had a nearly 3,500% return on investment since 2015, 70 times that of five traditional stock markets. According to a June 29 article at investor website Buy Shares, data analyst Justinas Baltrusaitis says from June 26, 2015 to June 26, 2020, the return on investment (ROI) for Bitcoin was more than 70 times higher when compared to the Financial Times Stock Exchange 100, NASDAQ, Nikkei, S&P 500, and Dow Jones markets.  “During the period under review, Bitcoin’s ROI stood at 3,456.98% where in June 2015, the price of Bitcoin was $257.06 and by June 26th this year, the price rose to $9,143.58. On
  • Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week
    Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week
    A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers. Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days?  Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism returns with $9K Following a major slide on Friday, stocks futures were gaining early on Monday, despite ongoing pressure from Covid-19 concerns.  Dow Jones, S&P 500 and Nasdaq futures all rose modestly, cementing a quiet weekend that saw Bitcoin outperform in terms of volatility.  BTC/USD, which has shown a tendency to copy stock market movements in recent weeks, briefly lost $9,000 support on Sunday before regaining the level. The move had in fact been long coming — most of last week saw $9,000 testing in a slow grind down away from five figures. Further weakness in the S&P 500, with which Bitcoin is 95% correlated in recent months, could be particularly damaging in the short term, trader Tone Vays warned on Thursday. Nevertheless, some traders were optimistic. Cointel
  • Bitcoin Risks 20% Drop as Outlook for ‘Stimulus Junkie’ Stocks Sours
    Bitcoin Risks 20% Drop as Outlook for ‘Stimulus Junkie’ Stocks Sours
    The price of Bitcoin is at risk of a pullback as declining liquidity as the US stock market is starting to slump. The Dow Jones plummeted by 2.84% on June 26, recording a 9.27% fall since the month’s peak.
  • Blockchain.News is now available on Dow Jones Factiva Database
    Blockchain.News is now available on Dow Jones Factiva Database
    Industry insights, analysis, and exclusive interviews from Blockchain.News are now available on Dow Jones Factiva—a database that aggregates more than 33,000 trusted, high-quality news and content sources from across the globe.
  • Jobless Claims Worse Than Expected: Dow Slides Pre-Market, How Will Bitcoin Respond?
    Jobless Claims Worse Than Expected: Dow Slides Pre-Market, How Will Bitcoin Respond?
    Jobless claims in the United States performing worse than initial forecasts expected has caused the Dow and other stock indices to slide pre-market.
  • The Fed Will Now Start Buying Individual Corporate Bonds
    The Fed Will Now Start Buying Individual Corporate Bonds
    The Federal Reserve is reaching further to buoy the markets.
  • Billionaire Doubles Down on Best Bet When Inflation Strikes: Stocks (Not Bitcoin)
    Billionaire Doubles Down on Best Bet When Inflation Strikes: Stocks (Not Bitcoin)
    With high spending, big deficits and no end-date in sight for the coronavirus outbreak that has swept the world, analysts are weighing in on the likelihood of a financial tsunami – led by epic inflation.
  • YouTube Bans Bitcoin.com's Account for 'Basically No Reason', Roger Ver Says
    YouTube Bans Bitcoin.com's Account for 'Basically No Reason', Roger Ver Says
    YouTube seems to continue its shadow crackdown on cryptocurrency coverage, as it shuts down the official channel of Roger Ver's Bitcoin.com. YouTube has shut down the official channel of cryptocurrency news-focused website Bitcoin.com for “a violation of YouTube's Terms of Service”.  According to a statement Bitcoin.com executive chairman Roger Ver uploaded to Reddit earlier today, the account was terminated for “basically no reason”.