NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

eToro Market Update: Dark Side of the Moon

NewsBTC
NewsBTC
4 years ago
4 mins read
moon bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Hi Everyone,

A great success was seen in India today as they have now launched a groundbreaking mission to the moon.

The pilotless rocket is scheduled to land on the moon’s south pole in approximately 23 days. The milestone is being hailed as a significant step forward for India but not necessarily one of ingenuity.

As we know, the country has been shunning innovation on many fronts. The one I’ve personally been watching is in regards to cryptocurrencies. One year ago, India’s central bank has imposed a blanket ban on all banks from dealing with any crypto-related companies. This ban is currently being contested in the high court but progress is very slow.

Additionally, the government has been working on a draft bill that would bring clarity to the market but that doesn’t seem too promising either. According to this leaked version of the bill, it includes a stipulation that will send cryptotraders to prison for up to 10 years.

The incoming Minister of Finance Nirmala Sitharaman offers little hope that this status quo will change any time soon. Despite the frantic calls from India’s twitter community showing how much crypto can help the nation, it seems the government is determined to prolong their virtual monopoly in the banking and payments sector at the expense of her citizens.

@MatiGreenspan – eToro, Senior Market Analyst

Today’s Highlights

  • Deal for the Debt
  • Eurozone Data Print
  • The Bermuda Circle

Please note: All data, figures & graphs are valid as of July 23rd. All trading carries risk. Only risk capital you can afford to lose.

Today’s Highlights

It’s probably the biggest political surprise of this year and an incredibly positive step for the US economy.

market, crypto, cryptocurrency, blockchain, bitcoin, trump, trading, EU,

The debt ceiling debate is usually a time of political wrangling in the United States so to see the President agree to a deal that will push it off the table for two whole years is simply shocking.

Needless to say, the markets have responded quite positively to this news. Here’s the Dow Jones yesterday with the approximate time of the news in the purple circle.

market, crypto, cryptocurrency, blockchain, bitcoin, trump, trading, EU,

The rally has continued into the Asian and European sessions. Even the Japanese Nikkei 225 is up by 1%.

Euro Data Print

Tomorrow morning the EU will publish some critical PMI data that could move the markets quite a bit. The PMI reading is based on a survey of purchasing managers across the union and is designed to give a good indication of the strength of the economy.

This will be especially important ahead of the ECB’s rate decision on Thursday. The European Central Bank has been hinting to the possibility that they’ll be starting a new round of quantitative easing (read: money printing) shortly.

If the manufacturing numbers end up coming out weak, as economists currently expect them to, it will strengthen the case for further stimulus and could help push the markets higher.

What a time to be alive.

market, crypto, cryptocurrency, blockchain, bitcoin, trump, trading, EU,

The Bermuda Circle

The institutionalization of crypto took another large step forward yesterday as…

market, crypto, cryptocurrency, blockchain, bitcoin, trump, trading, EU,

As you’ll recall, Circle are the owners of the Poloniex exchange and are currently owned by none other than Goldman Sachs. So it’s quite remarkable to see them taking crypto to a global audience.

Still, even with Bakkt’s test launch and all the other great news, it seems the market is simply not responding. At this point, volumes across the board are at their weakest levels in about a month, which creates a bit of a dangerous situation for prices.

Lower volumes usually mean less volatility but it could also mean greater price reaction should a whale decide to place a large buy or sell order.

This is something we discussed last night in our weekly interview with Molly Jane from CoinTelegraph. Make sure to catch that here.

Also, would like to note that the crypto lunch with Warren Buffett that we discussed yesterday has effectively been postponed as Justin Sun isn’t feeling well. He has however confirmed that the payment to charity has already been sent and that the Oracle has agreed to make the lunch at a later date.

Have an excellent day ahead!

About the Author: Mati Greenspan is a Senior Market Analyst at eToro

Connect with Mati on….

eToro: http://etoro.tw/Mati
Twitter: https://twitter.com/matigreenspan
LinkedIn: https://www.linkedin.com/in/matisyahu/
Telegram: https://t.me/MatiGreenspan
Office Phone: +44-203-1500308 (ext:311)

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC 
or any of its team members. NewsBTC is neither responsible nor liable for the accuracy of 
any of the information supplied in Sponsored Stories/Press Releases such as this one.

Image by PIRO4D from Pixabay
Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

How to trade crypto

How To Trade Crypto

How to trade crypto – a question that resonates with many in the rapidly evolving digital asset space. Whether you’re...

Jake Simmons 1 year ago

Bitcoin Hovers Below $50k After Weekend Wipeout – Crypto Roundup, Dec 6, 2021

Ethereum shows strength as MATIC rises 7%  Global market jitters spread to crypto at the weekend, with Bitcoin falling to...

NewsBTC 3 years ago

Crypto Market Analysis: December 6, 2021

Bitcoin and ether suffered a major flash crash over the weekend, sending cryptoasset values down by some 20% at points....

NewsBTC 3 years ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Cena Bitcoinu pod 80 tisíc $

Cena Bitcoinu pod 80 tisíc $. Ako čo najlepšie využiť pokles na kryptotrhu?

Nina Šefčíková 4 months ago

Dogecoin a Shiba Inu stagnujú. Oplatí sa sledovať tieto predpredaje?

Nina Šefčíková 5 months ago
how to trade Bitcoin

Learn How To Trade Bitcoin

Jake Simmons 1 year ago

Premium Sponsors

Press Releases

  • 2 kryptoměny s extrémně vysokým oceněním, které mohou stát za to riziko

    2 kryptoměny s extrémně vysokým oceněním, které...

    6 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    2 rendkívül magas árfolyamú kriptovaluta, amelyeket...

    7 hours ago
  • 2 криптовалути с небесни оценки...

    9 hours ago
  • 仮想通貨プレセール|ビットコイン向け最速かつ唯一の本格レイヤー2が300万ドル突破

    ...

    10 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    ...

    10 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.