Category: Price

Desperate to exit, a $10B price tag for Magic Leap is crazy
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Desperate to exit, a $10B price tag for Magic Leap is crazy

Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according to a new report from Bloomberg’s Ed Hammond. After raising over $2 billion and being valued between…

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3 Reasons Why the Gold Price Will Shine in 2020
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3 Reasons Why the Gold Price Will Shine in 2020

Gold’s price still has room to climb after this week’s stock market bloodbath. Long-term pressures from the ballooning U.S. budget deficit remain. Bernie Sanders’ increasingly tight grip on the Democratic Party nomination is also a potential catalyst. The U.S. stock market continues to shed value in what is panning out to be the worst week…

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Bitcoin Cash (BCH) Price Surges 14% as ‘Halvening’ Nears
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Bitcoin Cash (BCH) Price Surges 14% as ‘Halvening’ Nears

Bitcoin Cash led the cryptocurrency top ten on Wednesday with a 14% growth surge. BCH shrugged off fears of a community split over an arbitrarily imposed tax on miners. The coin’s “halvening,” or block reward halving, is scheduled for Apr. 8 – around a month before BTC’s. Bitcoin Cash (BCH) gained 14% on Wednesday, with…

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Gold Price Just Smashed 3-Month Highs: 3 Reasons Why
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Gold Price Just Smashed 3-Month Highs: 3 Reasons Why

Gold peaked at more than three-month highs on Friday and looks poised to end 2019 on a positive note. Bullion is on track for its best yearly return since 2010. At least three underlying factors have supported the yellow metal over the past few weeks. The price of gold ended the week on a high…

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Why the Gold Price Is Surging Despite Record High U.S. Stock Market
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Why the Gold Price Is Surging Despite Record High U.S. Stock Market

Gold’s price has recovered from a short-term drop to $1,450 in early November, casting doubts about the sustainability of the stock rally. Gold’s price is on the rise despite record high numbers from the U.S. stock market. Up until the third quarter, gold was considered overbought based on some technical indicators. Stability in the market…

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Bitcoin Price Volatility Liquidates $90 Million in Brutal Pump and Dump
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Bitcoin Price Volatility Liquidates $90 Million in Brutal Pump and Dump

Bitcoin traders were badly whipsawed today and yesterday as the cryptocurrency rose above $9,100 only to dump back down to $8,600. The price action gives spot buyers or HODLers the opportunity to add to their long positions. A widely-followed trader shared a chart that explains bitcoin’s violent price action. Bitcoin surprised almost everyone on Sunday.…

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Bitcoin Price Will Moonshot $500,000 Within 10 Years After Flipping Gold, Says Bobby Lee
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Bitcoin Price Will Moonshot $500,000 Within 10 Years After Flipping Gold, Says Bobby Lee

Bitcoin to flip gold by 2028, says Bobby Lee, founder of BTCC, the world’s first bitcoin exchange. Stock to Flow model supports the prediction. A weak dollar may adversely affect bitcoin’s price point. Bitcoin bull and CEO of BTC China, Bobby Lee, has thrown down his latest forecast, suggesting that bitcoin will flip gold’s market…

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Bitcoin Price Plunges $500 Within Minutes to 5-Month Low Below $7,500
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Bitcoin Price Plunges $500 Within Minutes to 5-Month Low Below $7,500

The bitcoin price has plunged by nearly 10%  on Wednesday to fall near a 5-month low. After flirting with a move to the upside above $8,000, the leading cryptocurrency dropped sharply below to just under $7,500. Bitcoin price chart | Source: TradingViewOther major-cap cryptocurrencies also followed Bitcoin’s spiraling crash by falling between 4% and 9%…

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