Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 18, 2019. The text below is an excerpt and does not contain the full analysis. No doubt everyone wants to read about two major updates in the crypto market. Facebook has released some much-anticipated…
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Where is the 30%+ correction in Bitcoin prices? It was certainly not present during weekend trading, as the world’s favorite cryptocurrency bolted past $9,000, climbed to $9,388, pulled back, only to repeat its magical mystery tour once more. The ensuing attack on what many analysts have claimed to be an inordinate concentration of profit taking…
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Facebook plans to launch its own cryptocurrency, a coin called GlobalCoin in 2020. The news report comes from BBC. The cryptocurrency will reportedly become available in several countries in the first quarter of 2020. However, trials are going to start by the end of 2019. Facebook's cryptocurrency and blockchain initiatives are some of the most…
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Bitcoin continues to amaze of late, rising more than 40% in the past month. It rose more than 15% over the past weekend, astounding even the most enthusiastic of supporters, bounding over $8,100 and dancing about, as the bulls remain in control of this market. Analysts can point to one or two or maybe even…
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Global equity markets took a beating on Monday morning, but Bitcoin just kept rising beyond all present expectations, crossing over $7,500 not once, but twice over the past few days. Analysts that had become “gun shy” after the Tether/Bitfinex scandal and the Binance exchange compromise are out in droves, raving about the resilience of Bitcoin…
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Facebook is surely at the forefront of cryptocurrencies and blockchain, it appears. After the company began a hiring spree back in 2018, the idea of creating a FaceCoin or a specific blockchain network was on. Here is what Leaprate reported back then: According to CCN, Facebook is probably exploring options for providing blockchain-based payment methods…
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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 29, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: NY AG Pursues Bitfinex & Tether: The crypto market dipped on the news that the New York…
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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 24, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Nasdaq Tests BTC Trading: A leaked demo of bitcoin trading on TD Ameritrade’s platform suggests that mainstream…
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Global provider of online trading CMC Markets Plc (LSE:CMCX) has just announced that it now starts offering its clients the ability to spread bet and trade CFDs on the US Fang Plus index, including highly-traded growth stocks such as Facebook, Amazon, Netflix, Alibaba and Baidu. Just a week ago, CMC Markets added CFDs trading on…
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Facebook was recently reported to have been thinking about its own digital coin, or the so called FaceCoin. As Leaprate reported earlier in 2019, "Facebook has 2.3 billion active clients located across the globe, eager to try the latest that technology has to offer, and cryptos and blockchain bring a lot to the table that…
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