In this new interview eToro CEO Yoni Assia gives an interview about the past year on the trading platform and the situation of the markets and he talks about the new implementations of eToro CopyFunds:
The biggest advantage of bitcoin & co is anonymity, speed and evasion of traditional payment methods such as wire or credit card transfer. Advantage not only for the good people but for the evil ones as well. Homeland and Secuity Department is concerned about the possibilities offered by cryptocurrencies. Regulation is needed.
Hong Kong’s paramount securities regulator SFC fined HSBC holdings $51 million for being engaged in selling Lehman Brother related notes between 2003 and 2008.
The CME group has now officially stated they will start testing the new Bitcoin Future next monday, november 20th. This exiting news led to another volatile crypto trading session.
Once again the Bitcoin bubble did not burst – agains all odds. The 30% sell off in the last few days was just the aftermath of the postponed bitcoin hardfork. Bitcoin is again heading for new highs, but what is the reason for that? Basically there’s some good news for the Bitcoin and other crypto currencies:
Will Bitcoin Cash outperform his big brother bitcoin soon? Nobody knows, but since the last bitcoin hard fork segwit 2x has been put off, bitcoin has suffered wheras bitcoin cash went through the roof. How can you profit from that?
Next to the Bitcoin, the social trading network eToro has now introduced Ethereum trading. Ethereum is the smaller brother of the Bitcoin and with eToro CFD trading you can profit from either falling or rising ether prices.
Encrypted currencies such as Bitcoin, Litecoin or Ethereum are the recent highflyers in the markets. The largest advantage of the Bitcoin: It cannot be reproduced endlessly. There will be onle round about 21 Million Bitcoins worldwide due to the complex mining process. From now on you can trade Bitcoins on the eToro social trading platform!
From 24/1/2016 on eToro will be raising the minimum deposit in further regions to USD 200. This is to attract more serious traders as the social network has recognized that in regions where the deposit level has already been increased, the life time value of traders improved.