Mati Greenspan on the Technical and Macro Roots of Bitcoin’s Value Surge
Bitcoin is up greater than eight % within the final 24 hours. BSV, in the meantime, is up practically a whopping 100 %. The query is, in fact, why? Is it some bigger macro context? A pump-and-dump? Or simply the crypto markets being as loopy as they’re. The Breakdown invited visitor Mati Greenspan, former eToro analyst and now founding father of Quantum Economics, to provide his take.
We additionally take a look at two tales across the rising crypto derivatives markets: the launch of the CME’s choices on bitcoin futures and CFTC Chair Heath Tarbert’s feedback Monday that regulated derivatives will deliver legitimacy to the house. Lastly, we take a look at a just-released Investor Alert from the U.S. Securities and Trade Fee on IEOs.
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