• Commentary,  Markets Report,  Opinion

    Cryptocurrency Market Sees Drops Across the Board

    Federal Reserve’s December meeting and Kazakhstan protests cause major dips in the market for the first week of 2022

    Leading cryptocurrencies fall over 10% Over the last seven days Ethereum (ETH) has fallen 13.3%, Binance Coin (BNB) 12.4%, and Bitcoin (BTC) by 10%. Both BTC and ETH hit three months lows, and still have yet to recover. Few coins have seen gains in the last week, Chainlink (LINK) and Cosmos (ATOM) being exceptions. The market cap of the whole crypto market has been in decline since the middle of November. The market saw a major dip in early December, and then continued the slow decline. Now in early January the market has once again seen a significant drop. Even with the market dipping in December, it still seemed bullish.…

  • Markets Report Bitcoin Price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin shoots past $11,500 as hopes build of new breakout

    Successful attempts to crack $11,500 mark a bullish start to the week as U.S. dollar strength remains under pressure

    Bitcoin has begun a new week by testing and breaking through $11,500 after the weekend preserved $11,000 support. After several days of sideways trading, Bitcoin looks set to challenge resistance closer to the significant $12,000 level as markets open around the world.