Tagged: globalblock

February 27, 2023 @ 11:10 am By JD Alois  |  

In recent weeks, the Securities and Exchange Commission (SEC) has stepped up its enforcement activities in regard to the digital asset ecosystem. In the past, SEC Chairman Gary Gensler has asserted that all digital assets are securities, with the exception of Bitcoin. At one point,… Read More

January 23, 2023 @ 10:28 am By JD Alois  |  

As Bitcoin, Ethereum, and other digital assets move higher, the aggregate market cap of crypto has moved above the $1 trillion mark for the first time in months, according to Coinmarketcap. Bitcoin garners the lion’s share of the market as the most popular digital currency… Read More

December 30, 2022 @ 10:38 am By JD Alois  |  

Marcus Sotiriou, Market Analyst at digital asset broker GlobalBlock (TSXV:BLOK) reports that Bitcoin is being accumulated by whales. Bitcoin (BTC) has had a tough year, like most all markets. BTC started 2022 at around $47,000. As of today, it looks like it will exit 2022,… Read More

October 24, 2022 @ 3:52 pm By JD Alois  |  

As was reported earlier today, former Chancellor of the Exchequer Rishi Sunak has been selected to become the new Prime Minister, stepping in after Liz Truss was forced out following a rough couple of weeks. Several more comments have filtered in from Fintechs following the… Read More

August 16, 2022 @ 4:42 pm By JD Alois  |  

XTAGE, a digital asset trading platform created by Brazilian brokerage XP (Nasdaq: XP), has launched trading of Bitcoin and Ethereum, according to multiple reports. The creation of XTAGE was announced this past May as a collaboration with Nasdaq. At that time, Lucas Rabechini, Director of… Read More

July 20, 2022 @ 12:22 pm By JD Alois  |  

Bitcoin is in rally mode after several weeks of gloom. At the moment, Bitcoin is trading above $24,000 – the first time since the 2nd week of June. The rise in valuation is being joined by other cryptocurrencies as well as traditional securities. Marcus Sotiriou,… Read More

June 30, 2022 @ 12:07 pm By JD Alois  |  

Bitcoin is bombing once again – proving if anything, that the world’s most popular digital asset is a great vehicle for volatility and swing trading. While it could be the overall slumping markets as traditional assets are lower too, or perhaps it is the fact… Read More

June 18, 2022 @ 2:45 pm By JD Alois  |  

Bitcoin, along with the broader crypto market, continues to sink lower having finally breached the $20,000 mark  – now trading at around $18,500. It was just last November that Bitcoin was hitting new all-time highs of around $68,000. Bitcoin last traded under $20K back at… Read More

June 15, 2022 @ 10:49 am By JD Alois  |  

A crypto trifecta for the decline? Seems like it. The bad news keeps rolling in from the possibility of insolvency at crypto lender Celsius, a rapid reduction in leverage, and trouble at a large blockchain hedge fund, things aren’t so good right now.  Marcus Sotiriou,… Read More

June 13, 2022 @ 9:46 am By JD Alois  |  

Marcus Sotiriou, an Analyst at the UK-based GlobalBlock (TSXV:BLOK), believes the decline in crypto markets and the sinking value of Bitcoin is due to fear surrounding the insolvency risk – pointing a finger at Celsius, a large crypto platform that halted all withdrawals today without… Read More

May 18, 2022 @ 8:29 am By JD Alois  |  

After a painful drop where Bitcoin crashed below $30K and many other cryptocurrencies chased it down, GlobalBlock (TSXV:BLOK) sees light at the end of the tunnel – at least for now. Marcus Sotiriou, Analyst for GlobalBlock, operating in the UK has distributed a comment on… Read More

August 27, 2021 @ 5:15 pm By Tony Zerucha  |  

Those buying on the dip weren’t enough to push Bitcoin back north of $50,000, GlobalBlock sales trader Jonas Luethy said in a research note this week. After briefly trading above $50,000 earlier this week, Luethy said Bitcoin has retraced downwards, breaking down from an ascending… Read More

August 25, 2021 @ 4:28 pm By Tony Zerucha  |  

Bitcoin is taking a breather after a period of growth that saw it return to a value north of $50,000, GlobalBlock sales trader Alexandra Clark said in her latest research notes. After breaking through the $50,000 level on Monday, Bitcoin has fallen back below $48,000,… Read More

August 18, 2021 @ 11:07 am By Tony Zerucha  |  

Bitcoin’s recent movements are encouraging, GlobalBlock sales trader Marcus Sotiriou said in a recent note to investors. Sotiriou said Bitcoin has closed its first decisive week above the 20-week moving average and the 21-week EMA for the first time since it was around $57,000. It… Read More

July 28, 2021 @ 2:31 pm By Tony Zerucha  |  

Even in the face of some high-profile opposition, cryptocurrency prices continue to rise, GlobalBlock sales trader Alexandra Clark said in her latest research note. While recent commentary from Janet Yellen and Elizabeth Warren was negative, Bitcoin reached a high north of $40,000 July 27. While… Read More

July 21, 2021 @ 3:41 pm By Tony Zerucha  |  

Canadian blockchain tech company Helix Applications has completed its acquisition of GlobalBlock Limited. GlobalBlock is now a wholly-owned operating subsidiary. Based in the United Kingdom, GlobalBlock is a digital asset broker offering a personalized telephone broking service, trading platform, and mobile app. It has been… Read More

July 20, 2021 @ 4:46 pm By Tony Zerucha  |  

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

July 8, 2021 @ 10:20 pm By Tony Zerucha  |  

Decision-makers in the United States are warming to cryptocurrency for a variety of reasons, including self-interest, GlobalBlock sales trader Alexandra Clark said recently. Senator Cynthia Lummis has encouraged people to buy and hold bitcoin in their portfolios as the billions of dollars in stimulus cannot… Read More

July 6, 2021 @ 11:12 pm By Tony Zerucha  |  

A new German law could affect Bitcoin’s price for the better, GlobalBlock sales trader Alexandra Clark believes. German special funds may now invest up to 20 per cent of their funds in cryptocurrencies. If everyone does that, it represents a $415 billion inflow, Clark estimated…. Read More

June 30, 2021 @ 5:29 pm By Tony Zerucha  |  

The past few weeks have seen some interesting geopolitical developments in the cryptocurrency space, GlobalBlock sales trader Alexandra Clark said. Iran could be taking advantage of China’s tough stance on cryptocurrency mining, Clark suggests. They recently have granted permits to 30 crypto mining farms. Should… Read More