Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 16, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Hit em in the Bonds Bitcoin Cycle Visualized Alts Catching Up Please note: All data, figures &…
Read more
Crypto enthusiasts are beside themselves with glee. The apparent excitement on Twitter feeds and other social media is palpable. Bitcoin continues to amaze, as it strikes out for new 2019 conquests. Tyler Winklevoss, the co-founder of the Gemini exchange, perhaps, summed it up best in his recent Tweet: Bitcoin breaking 8k this time around feels…
Read more
Microsoft is thinking big when it comes to protecting its users' identity data. The software giant is looking to launch a decentralized identity (DID) tool built on the blockchain of Bitcoin to offer its users a new and innovative way to protect their identity. The infrastructure for the project known as the Identity Overlay Network,…
Read more
Bitcoin is in ascendance again. Positive fundamental forces are originating from Facebook and Fidelity crypto initiatives. Institutional investors want to get in the game, if they have not already. The public, global regulators, and government officials are becoming more receptive to the notions of cryptocurrencies and blockchain technologies, thereby allowing fear and ridicule to dissipate…
Read more
One of the largest electronics companies in the world, the Taiwainese mobile manufacturer, High Tech Computer (HTC) just announced that its Exodus 1S phone will have Bitcoin full-node feature. The information comes from Cointelegraph. The phone will be launched in Q3 of 2019 and will come with an extra SD card that essentially supports the…
Read more
While the world remembers how thousands of Bitcoin were used to purchase a pizza back in the “old days”, retailers around the world were not, on average, very keen to accept Bitcoin as payment. This “fear” of accepting a cryptocurrency instead of fiat money hindered the widespread adoption of the “people’s currency” from being accepted…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 13, 2019. The text below is an excerpt and does not contain the full analysis. Traditional Markets Of all the theories about why crypto is skyrocketing at the moment, there's one that I wanted…
Read more
Mike Novogratz, a former Goldman Sachs banker, hedge fund manager, and now head of his own merchant bank, Galaxy Digital, is touting Bitcoin and all cryptos in general. He is now claiming that we could see a total recovery of BTC to its former glory of $20,000 in 18 months or less, or at least…
Read more
A new crypto-based ETF application has been filed with the SEC. This time is not about "all about" Bitcoin, though. The application has been filed by Crescent Crypto Index Services LLC. The subsidiary of Crescent Crypto Asset Management LLC envisages an ETF that tracks the performance of market cap-weighted portfolio of ether and bitcoin. With…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 10, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Stocks Off the Highs Uber Day How Many Crypto? Traditional Markets Stock markets have retreated from their…
Read more