For Bitcoin, that was the week that was, but for analysts and advocates alike, market behavior was, as some people say, not “kosher”. Something just did not smell right. The bottom literally fell out of support for the world’s favorite digital asset, which shed 20% of its market share in a flash on Tuesday and…
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Mati Greenspan, senior analyst for eToro, has been a voice of both reason and wisdom when it comes to all things crypto. Often sought out for comments about the pricing behavior of Bitcoin and its altcoin brethren, Greenspan has never shied away from expressing his thoughts on the state of the crypto industry. This week…
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Congressional hearings a while back raised serious issues regarding blockchain technology and the potential for abuse by the criminal element in our society. These words may have taken on a softer tone than what several congressmen and government officials, including President Trump, had said about cryptos and the distributed ledger technologies that rely upon blockchain…
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The automotive industry has made incredible steps in taking advantage of the blockchain technology. And while not many car makers are in the "game" yet, there are some who are already executing transactions on blockchain networks. This is how Daimler has carried out its first transaction on the Marco Polo Blockchain Trade network. The German…
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Bitcoin is not a problem to be solved – It is a mystery to behold. Ancient writers may have writ this aphorism about life, but today it appears to apply to Bitcoin, as well. The entire analyst community is scratching its collective head today to ascertain the reasons why their beloved digital asset suddenly fell…
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The Fold App is a Bitcoin payment app that allows users to purchase goods such as clothes and food with bitcoin and earn some rewards for using the app. According to press, the company has just added a fiat capability feature after raising $2.5 million from prominent investors. The seed round was backed up by…
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Mysteries can be fun or evil, but you never get to pick beforehand. Bitcoin and altcoin hodlers are in shock. Their favorite digital assets have suddenly cratered for no oddly apparent reason, leaving everyone groping for the truth about who bombed the crypto train? Bitcoin had been coasting along at $10,000, only to plummet to…
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The SEC is still pondering upon the the approval of multiple Bitcoin ETF proposals. The latest one, as Leaprate reported several days ago, is coming from Wilshire Phoenix. A decision on the Wilshire Phoenix application is due late in September, but a delay is expected. Yesterday, it became clear that the SEC has started a…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for September 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, A sudden wave of fear came over the crypto markets last night as bitcoin and all the…
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Bitcoin’s travails accelerate. BTC was continuing its slow grind southward, passing $9,600, but then a left cross came out of nowhere, landing securely on its chin, driving it to $8,100 in a flash. Dazed and on the canvass for the count, Bitcoin seems to have lost all sense of stability. As the capital is sucked…
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