Headliners: JPM’s Interbank blockchain, FB & TSLA troubles and Fed’s Dot Plot

3 min read

Another week of interesting developments in the Financial markets so let’s get right to it. Let’s start off with my favorite – Cryptocurrencies. Although the price action in the digital assets dictated sustained gains from last week, but we are seeing more of a consolidation pattern emerging for now. Market for the Cryptos are comfortably above the $220 billion mark at the time of writing after falling below $200 billion a number of times with the BTC dominance dropping close to the 51% mark. Looking at the Bitcoin hourly chart, it has made a couple of unsuccessful attempts at the resistance…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.