Eventful times for crypto



One of the biggest stories of the last quarter is about crypto, which reached an all-time high when bitcoin exceeded $ 64k and Ethereum exceeded $ 4K, and then dropped 50-70% to today’s market level.

There is no question that crypto markets remain very volatile and will remain so for the near future. However, it is interesting to note that more and more traditional investors are now accessing the crypto market card as part of a diversified portfolio.

The crypto pool ecosystem is thriving and growing rapidly. Mining and storage companies, global exchanges, payment, credit, finance and insurance companies are increasingly committed to crypto. According to a study by Block, crypto-venture investments have twice as big offers this year compared to 2020.

EToro recently attended the Miami bitcoin 2021 conference. It was the world’s largest bitcoin event and the first major personal crypto conference since the start of the covid-19 pandemic. Fifty thousand visitors gathered in Miami this week, and 15,000 people attended the event. The city of Miami is in the process of transforming itself into a technological innovation and crypto hub, whose mission is led by the mayor.

Leaders of the crypto-global community have participated in various discussions on stage, along with celebrities, entrepreneurs and a diverse audience. Audiences from around the world have come to explore ways to implement blockchain and cryptography.

As crypto becomes mainstream, the audience is expanding and representatives of traditional financial institutions have attended the bitcoin Conference in Miami and will likely attend other crypto summits and events in the future.

As cryptocurrencies and the crypto ecosystem continue to evolve, diversification in the crypto part of the portfolio becomes important and investors

Join the Discussion

  • BrokerEUR/USD
    OANDA 1.3pips (variable) margin: 3.33%
  • Back to top