Investors do not like Bear Markets, unless they are professional traders that love nothing better than to short an overbought sector of the market. For institutional investors, however, traders are always on the lookout for the sector that has the most “up” potential, while discarding anything that feels the pull of gravity downwards. During what…
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The bitcoin / blockchain revolution has undoubtedly arrived. Cryptocurrency enthusiasts will no longer need internet to transact with their digital coins. And while hundreds of startups and companies are trying to disrupt the level-playing field of blockchain services, one firm does it on a whole different level. Blockstream, a "pioneer in Bitcoin and blockchain technologies",…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 14, 2018. Highlights include: Declining Stocks for the Asian Market: Chinese investors woke up to a steep dive in retail sales and industry production rates, bringing the lowest figures in more than a decade.…
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Initial Coin Offerings (ICOs) have gotten a bad reputation due to rampant fraud and the lack of transparency. Regulators, in their attempt to protect unsuspecting investors, have launched attacks to classify all cryptocurrencies, with the exception of Bitcoin and Ether, as securities and thereby subject to more stringent registration and disclosure requirments. The SEC has…
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Bitcoin and its altcoin brethren have seen their market capitalizations evaporate in excess of 80% over the past several months. Critics are already claiming that the cryptocurrency revolution, phenomenon, or pipedream (take your pick) is dead, or soon will be by their estimation, but to their astonishment, a major global consulting firm is predicting 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 December 13, 2018. Highlights include: ETH Futures Market Could Spark Innovation: The CFTC is accepting comments on an Ethereum futures market, a development which could allow entrepreneurs to develop Ethereum-based projects, while hedging against the…
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The price of Bitcoin has been plunging quite dramatically. Recent press releases suggested that while the overall Bitcoin investor community may be selling their positions, it is several Bitcoin "whales" that actually move the market and cause the volatility in Bitcoin's price. One huge whale that caught the attention of the community was an investor…
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Bitcoin lost more than 70% of its value on a year-on-year basis, when in December, 2017, it was trading for almost $20,000 per coin. The current price of the “people’s currency” is around $3,600. And while the price seems to be plunging even further, there are some notable events that caused the huge volatility. According…
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While the major focus of the cryptocurrency community and investors is focused on the falling price of Bitcoin, the “people’s currency” may be getting a major upgrade when it comes to its speed. One of the biggest limitations of the underlying technology of Bitcoin is the relatively slow speed of the protocol. One of the…
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Bitcoin subreddit page, /r/Bitcoin, has just reached one million subscribers, Coin Telegraph reported earlier this week. It has become one of bitcoin’s most important online communities since it was founded in September 2010, two years after the release of Satoshi's white paper. This significant milestone is welcome news for the bitcoin and wider crypto community…
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