Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The reasoning wasn't entirely apparent to me at the time but thanks to a bit of crowdsourcing…
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It seems that Bitcoin has one more skeptic, one who had yet to register his exalted opinion until this past Thursday. The “Tweeter-in-Chief”, President Donald Trump, let it be known via his infamous tweeting channel that he is not a fan of cryptocurrencies. His scorn also included Facebook’s Libra project: “If Facebook and other companies…
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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 12, 2019. The text below is an excerpt and does not contain the full analysis. In case you haven't seen yet, President Trump just gave a huge boost to bitcoin and cryptoassets by dedicating…
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While Bitcoin may dominate the cryptocurrency headline space, there are definitely many other coin programs in the Crypto-verse that might command your attention from time to time, if not for investment purposes, then for their “use cases” in the world of blockchain innovation. According to Coinmarketcap.com, there are over 2,300 token programs at last count,…
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Gold has been rallying of late, topping $1,400 per ounce for the first time in six years, after recording its seventh straight week of positive gains. Gold Bugs are once again pounding their chests with pride and continuing to cast derisive insults at Bitcoin and other crypto assets, as if there were some reverse correlation…
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Critics of Bitcoin have often pointed to its price volatility as an issue and reason why it could never be considered a secure “store of value”, but a Wall Street veteran of 22 years, Caitlin Long, has built an intellectual argument, which posits that, by design, the world’s favorite cryptocurrency provides systemic stability versus price…
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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 28, 2019. The text below is an excerpt and does not contain the full analysis. A bit of volatility comes back into the crypto market and everything goes haywire again. The market that was…
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Bitcoin pulled back again after beating on the $9,400 door, where ostensibly profit taking orders proliferated. BTC remained in positive territory for June, a feat few analysts predicted two weeks back, but the number crunchers were mixed, when it came to explaining why Bitcoin finally had a “sluggish” day at the trading table. There has…
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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 11, 2019. The text below is an excerpt and does not contain the full analysis. It might have been a small update, or a large one, we really have no way of knowing. The…
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It is often said that politics and religion should never be discussed in mixed company, but in today’s digital age, you might want to refrain from discussing comparisons between Bitcoin and Gold, especially if there are any Gold Bugs in the room. The fact that comparisons are made is a mystery, but ever since its…
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