Last week may go down in history as a major turning point for Bitcoin. Attacks were coming from every quarter, as government ministers took aim at Project Libra, Facebook, and by association, Bitcoin and its altcoin brethren. Two weeks back, BTC had risen above $13,000, but Jerome Powell, the chair of the Fed, spoke negatively…
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July has not been a good month for Facebook’s Project Libra. After riding a wave of favorable press attention in June after its major announcement, Libra has endured a week or two of scorn from global government officials and regulators, as it seems that nearly every critic has come out of the woodwork to cast…
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As Russian government officials continue to debate the efficacy of cryptocurrencies and blockchain technology, industry observers are curious as to why there has not been a major push to lead in this arena. Observers have noted that Russia is definitely a “global powerhouse for development talent and business acumen in the blockchain space”, but, unlike…
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Just as soon as it was announced that Christine Lagarde, the current head of the IMF, was the frontrunner to replace Mario Draghi as he departs the European Central Bank, there was then immediate speculation as to who would replace her at the IMF. The first name that has been bandied about is Mark Carney,…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 1, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Financial markets are in a good mood today after the leaders of China and the United States…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 26, 2019. The text below is an excerpt and does not contain the full analysis. Welcome to Summer!! Watch out, it's hot. After the prolonged crypto winter that was 2018, this year has seen…
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The highly anticipated crypto guidelines from the Financial Action Task Force (FATF) may cause crypto zealots to go on the warpath. G20 financial officers will review and adopt the new FATF guidelines at their next meeting in June in Japan, but insiders that have already had a look reveal that the crypto industry may be technically…
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Crypto enthusiasts have always argued that all things crypto will finally reach critical mass when large blocks of institutional capital flood into the marketplace. An argument can be made that billions have already been invested in Initial Coin Offering (ICO) development efforts, as well as private corporate capital that has been allocated to an abundance…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 21, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Tesla Drop Stellar Down Crypto Dominance Traditional Markets No stocks are not in a bear market but…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 12, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Crypto Steps Back: The crypto market has dropped over the past 24 hours. This indicates that a…
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