Markets

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Market Update: BTC Value Consolidates After Bouncing

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BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets … Read more

Cryptocurrency Influencers Accused of Aiding Pump and Dumps

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Social media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures can send coins soaring via a single tweet, … Read more

Markets Update: Bitcoin Price Moves Sideways During the Holiday Lull

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The price of bitcoin has dropped considerably since it touched its all-time high of $19,600 per BTC on December 17. Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22. Bitcoin markets have rebounded since then, and the price per BTC across global exchanges has … Read more