Cryptocurrencies’ $600-billion crash hits a new low after SEC deals blow to Bitcoin bulls

The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for an VanEck exchange-traded fund backed by Bitcoin. A broad selloff in coins of all sizes reduced the market value of virtual currencies tracked by Coinmarketcap.com to about US$230 billion, the lowest level since November.…

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Consumers Are Growing Weary of Social Media Influencer Marketing – Footwear News

As consumer behavior continues to change, so does the influencer landscape and consequently the way businesses advertise on social media. But despite its lingering popularity, it appears that influencer marketing is falling out of favor with consumers, according to a new study from Bazaarvoice, a digital marketing company based in Austin, Texas. Surveying more than 4,000…

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