BTC Inc, the parent company of Bitcoin Magazine, is excited to announce the hiring of Andrew Fleming to be the new head of its media division. The addition of Fleming to BTC Inc’s management roster is the latest example of an emerging trend of big-name talent leaving institutions in order to join the crypto and blockchain industry.
Before coming to BTC Inc, Fleming was the Head of Content Platforms at Dow Jones, parent company of the Wall Street Journal, MarketWatch, Barron’s and many other leading publications.
At press time, the father of cryptocurrency has moved back up to the $6,400 range. This is a welcome change from its recent slow to $6,300 and presents a few interesting scenarios up ahead.
For one thing, we know that bitcoin could potentially be recuperating from its recent $200 drop. The currency fell to $6,200 for the second time within 30 days, leaving many enthusiasts wondering if $5,000 was next. Apparently, the currency is now backtracking to where it was originally, with the possibility that it may strike its original figure of $6,500 soon.
At press time, the father of crypto has shot back up to $6,300 after falling to its lowest point in weeks. Recently, bitcoin was traversing the $6,200 range after sitting at $6,400 for some time. No one expected the currency to move all that much considering volatility has been at an all-time low, but move it did, and the price repeated its early October behavior.
At press time, bitcoin is still trading in the $6,400 range. Nothing’s changing for everybody’s favorite form of crypto; it’s been trapped in this range for roughly two weeks, and it’s likely to stay here for a while.
One source claims that a sell-off occurred late last week, and interestingly, bitcoin appears to be the only asset that remained stable during that period.
In what is a rare, time-sensitive window, bitcoin’s volatility since September 14, 2018 has been less than that of the most popular indexes from traditional finance sectors.
Bitcoin seems to have found a temporary bottom relative to its incredible bull run that saw bitcoin’s price increase more than 1,200% in 2017 alone.