The recent meteoric rise of Bitcoin has confounded the experts, who rely on their technical charts and the messages that result from their favorite indicators, trend lines, and levels of support and resistance. Bitcoin, however, is marching to the beat of a different drummer, driving the analyst community to question everything and to slice and…
Read more
Analysts are still grappling with the reasons why the crypto market shed nearly $10 billion of market cap last week. Bitcoin, the market leader by far with a 53.4% market share, had suddenly slid from over the $3,500 threshold down to below $3,400. It has since climbed back over this figure, but industry talking heads…
Read moreCurrent market activity indicates that cryptocurrencies are set for “another considerable surge in prices gains” in the near future and Ethereum’s price could reach $2,500 by the end of the year - but investors should exercise caution. This forecast from Nigel Green, the founder and CEO of deVere Group, an independent financial services organisation, comes…
Read more