Tagged: Marcus Sotiriou

Aggregate Crypto Market Cap Inches Above $1 Trillion

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

Bitcoin Being Accumulated by Whales: Report

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

Rishi Sunak is Pro Crypto: More Comments on New PM

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

Brazilian Brokerage XP Adds Bitcoin, Ethereum Trading, BTG Pactual’s Mynt Platform Now Live

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

Bitcoin Rally: BTC Tops $24K

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

Bitcoin Trolls New 52 Week Lows, Has Lost 60% of its Value Since Beginning of the Year

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

How Low Will It Go? Bitcoin Sinks Further as it Breaches $20K

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

GlobalBlock Analyst: Crypto Market Drop Due to “Fear surrounding the insolvency risk”

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

GlobalBlock Says Money Moving Back Into Crypto

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

Bitcoin Has Short-Term Issues, But Future Still Bright: Analyst

Even though Bitcoin had shown some positives until recently, there are reasons for concern, GlobalBlock sales trader Marcus Sotiriou said this week. Sotiriou said Bitcoin closed another day above the 200-day moving average on Monday, while also completing a support/resistance flip of the $48,000 level… Read More

Bitcoin Movement Encouraging: Analyst

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

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