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As was to be expected from yesterday’s bearish momentum, the Bitcoin Cash price has effectively dropped below $1,000. That in itself is not really surprising, given the ongoing declines in the Bitcoin world. Even so, it remains to be seen how long this dip will last. eToro UK Managing Director Iqbal Gandham certainly has some interesting opinions in this regard. Can the Bitcoin Cash Price Recover Quickly? When the going gets tough in the cryptocurrency world, panic selling becomes a very tangible trend. This has been a big problem for as long as people can remember, and it will notPowered by WPeMatico
– Launch of a crypto exchange and wallet –
– Bringing crypto offering to the U.S. market –
Global investment platform eToro has today announced plans to expand its cryptocurrency capabilities and subject to regulatory approvals will launch an exchange and a digital wallet. eToro will also bring its cryptocurrency offering to the United States, launching the platform to U.S. customers later this year under the leadership of the newly appointed U.S. Managing Director Guy Hirsch.
Yoni Assia, Co-founder and CEO of eToro, said: “We believe that in the future all assets will become digitised. This will help to open the markets to everyone and enable them to invest in the assets they want in a simple and transparent way. Crypto is the first step on this journey and we are excited to share our plans to launch an exchange and wallet.”
The post PR: eToro Announces Expansion Plans appeared first on Bitcoin News.
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Social trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
The post Investment Platform Etoro Launches in the US with 10 Cryptocurrencies appeared first on Bitcoin News.
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A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles. Also Read: Israel Tax Authority Hunts for Bitcoin Traders on Social Media Understanding Trading […]
The post Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female appeared first on Bitcoin News.
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Miami-based Cblocks has announced that it will relocate to Canada, citing a lack of regulatory clarity regarding cryptocurrency in the United States as the principal catalyst for the move. Also Read: South Korean Top Regulator Considers Easing Cryptocurrency Regulations Cblocks to Relocate to Canada Cblocks, a Miami-based company that generated $32,000 in a month through selling […]
The post Cblocks Moves to Canada Citing Regulatory Hurdles appeared first on Bitcoin News.
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Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading […]
The post Seven UK Companies Form Cryptocurrency Trade Body appeared first on Bitcoin News.
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According to multiple reports this week the decentralized currency bitcoin is still booming in many African countries. From South Africa to the Sub-Saharan region, citizens from all walks of life are finding bitcoin beneficial. This is making domestic cryptocurrency exchanges and peer-to-peer trading platforms’ volumes climb while digital currencies are also selling at a premium. […]
The post Bitcoin Adoption Continues to Thrive Within Africa’s Borders appeared first on Bitcoin News.
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