Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 12, 2018. Highlights include: 1-Yr. Anniversary of Bitcoin Futures: BTC futures volumes often reach up to about 8% of the volumes reporter by major global exchanges — a trend likely to grow when Nasdaq…
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NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin…
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POA Network, the Ethereum-based platform offering an open-source framework for smart contracts, has just announced that it has unveiled BlockScout, the first full featured open-source block explorer tool for the Ethereum ecosystem. BlockScout is a secure tool that lets users search and explore transactions, addresses, and balances on the Ethereum, Ethereum Classic, and POA Network…
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Bitcoin, ethereum and other major cryptocurrencies saw huge price crashes, with analysts warning that the market has hit "panic mode". Ethereum has experienced the biggest drop in value of all the major digital currencies, plunging nearly 20% over the last days to hit its lowest price in almost a year, trading at $262 on Tuesday. The…
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Investment and trading corporation Credit Financier Invest (CFI) Limited, CFI Cyprus, previously known as CFI Markets, has just announced that it has officially launched CFD's on five major cryptocurrencies for trading on its platform. Now CFI Cyprus clients can trade CFD’s on Bitcoin, Ripple, Bitnote, Litecoin and Ethereum together with other products on CFI's platform from the same account. Commenting…
Read moreIP Gold, the digital asset crypto-hedge, has just announced its move from Ethereum to the NEM Blockchain. The proliferation of tokens and other Decentralized Applications (Dapps) on the Ethereum blockchain are continuing to strain the transaction capabilities and speed of its underlying infrastructure. Coins and tokens looking at long-term stability and operation, such as IP…
Read moreArgo, a UK-Canadian venture, has just announced that it has launched today a new low-cost, flexible and easy-to-use crypto-mining service for users. The service is aimed at addressing pent-up demand from users who want to benefit from mining digital currencies but have been put-off by its complexity and significant up-front cost. The company’s solution is…
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With the belief that all assets will be digitized in the future, FX broker eToro has announced it will launch a cryptocurrency offering in the United States. The launch will initially enable U.S.-based users to invest in 10 cryptocurrencies, with more to be added throughout 2018. Users will have access to a community feed and…
Read moreAfter going down to $390, Ethereum just went back to almost $691, noting an increase of almost 80% in just under a month. The digital currency took a huge plunge following the massive price of $1,330 in December. The reason for the increase in price at the end of last year may be owing to…
Read moreCurrent market activity indicates that cryptocurrencies are set for “another considerable surge in prices gains” in the near future and Ethereum’s price could reach $2,500 by the end of the year - but investors should exercise caution. This forecast from Nigel Green, the founder and CEO of deVere Group, an independent financial services organisation, comes…
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