Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 28, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, After an extended period of low volumes and dismal sentiment, in a sudden instant, last Friday the…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 24, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Of the many takeaways from Zuckerberg's appearance on Capitol Hill yesterday, the one thing that stood out…
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Parliament stymies Boris Johnson and his Brexit aspirations. Trade talks show no progress, and China releases worst economic data in three decades. A trio of news stories that could wreak havoc in financial markets and send capital fleeing for safe havens, but not to Bitcoin, at least not yet. The world’s favorite digital asset had…
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While we are all watching to see what will happen to Facebook's Libra, there is very interesting point to note about Mark Zuckerberg's recent testimony before the US Congress. The comments about Libra were not surprising at all and the reaction of congressmen was not either. It seems that Libra is not going to be…
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After the solid rumours that Facebook's Libra is going to be postponed for 2020, Zuckerberg is now facing Congress on the 23rd of October. With that there were also speculations that the COO of the company, Sheryl Sandberg may also testify regarding the project. The information comes directly from CNBC. Mark Zuckerberg will be the…
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Facebook has announced the launch of its Calibra wallet that is backed by the Libra Association, an independent consortium with members such as Visa, Mastercard, Stripe and Coinbase. The association will independently govern and oversee Calibra's bespoke cryptocurrency, Libra—with the digital coin imagined to further a global financial system, this historically marks the social media…
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