Market Update: Cryptos Shed Billions in Rapid Sell-Off

Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen next as prices haven’t been this … Read more

Market Update: Crypto Prices Improve After 3-Week Downtrend

Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google Wants Your Spending Data Crypto Markets Lose 20% Since the … Read more

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype

During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital currency prices have been meandering roughly in the same positions after coins like BTC failed to break upper resistance on various occasions. Also read: China Removes Bitcoin Mining From Unwanted Industries List Crypto … Read more

Market Update: Crypto Prices Hold Steady After Massive Bullish Spike

Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days … Read more

Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point

After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that started gathering steam in May as the market … Read more

Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance

Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to … Read more

Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses. Also Read: Money and … Read more

Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are … Read more

Market Update: Low Volumes and Uncertainty Shake Crypto Traders

The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 … Read more

Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate … Read more