Search results for Mati Greenspan

Bitcoin ended the month of April with a monthly high of $9,498. During the next 24 hours, it has undergone significant downward revisions but then recovered back to $9,000 level.

Ethereum is showing signs of a rebound this week after losing its upside momentum in late February and falling again this week. The world’s leading cryptocurrency Bitcoin is expected to surpass $9000 price level.

Recently, with increasing interest in whether Bitcoin will become a safe digital asset such as gold, it has been evaluated that it is not yet a safe asset. Looking at where the price of BTC is standing right now (BTC/USD $8775, -0.74%), a beginner in this nascent industry finds it hard that the token has ever traded above the $20,000.

The relationship between cryptocurrency and Google seems to be in a worse and confusing situation. For a long time YouTube has been quite on Bitcoin and other digital currencies, but now, it has waged a war again some of the blockchain, distributed ledger technology (DLT) and digital asset content creators, especially those who violate or breach community rules.

Adoption in digital currencies, especially Bitcoin (BTC), appears to be growing at a high rate in the Hong Kong SAR. Last week, a Bitcoin startup firm LocalBitcoins saw its peak trading volume ever in the special administrative region Hong Kong.

The Bitcoin, initial coin offering (ICO) and cryptocurrency mining ban in China will send the asset’s price higher, according to the senior market analyst at eToro Mati Greenspan:

In a survey that was officially commissioned by eToro – the global investment platform, indicates an encouraging and fruitful future for Bitcoin as massive Millennials have a preference of crypto to fiat financial markets. However, high barriers are stopping millennials from making bullish investments.

The Bitcoin (BTC) transaction rate is now approaching its highest peak since December 2017 notwithstanding the one-year long bear market. The transaction per second for Bitcoin, the flagship cryptocurrency, is gradually increasing and is also seeing a recovery in both real use, particularly in the developing markets, and BTC’s Google search trends are rising because of the latest skyrocketing rally.

Since early last year, cryptoasset investors have been caught in prices declines, fake news, accounts of fraud etc. which have weeded out the weak speculators.  Eventually, this has created a community of investors that more likely believe in the nascent technology or doubt that another wave of speculators will push the markets back to or above their antecedently accomplished all-time-highs.