Crypto Spring Is Here, eToro CEO Believes

As Yoni Assia believes, the current situation in the cryptocurrency market indicates the onset of a cryptocurrency spring
27 May 2019   591

The resumption of growth in trading volumes of bitcoin signals a new wave of interest in cryptocurrency. About this in an interview with the portal Crypto Potato, said the head and co-founder of the social investment platform eToro Yoni Assia.

The current situation in the cryptocurrency market, according to Assia, indicates the onset of a cryptocurrency spring.

The spirit is back in the market. The bulls are still there. Bears didn’t kill the bulls yet, and I think we’re seeing somewhat of a revival.
 

Yoni Assia

Co-Founder and CEO, eToro

In 2018, the volume of trading on the eToro site grew to almost a trillion dollars. Despite the fact that these cryptocurrency trading volumes are still far from those of the end of 2017, when Bitcoin showed record growth, Yoni Assia is optimistic.

I do believe that we will see Bitcoin at much higher prices in the medium term. [I'm] not necessarily that a good [of a] trader. It’s very hard to try and predict the markets.
 

Yoni Assia

Co-Founder and CEO, eToro

In April, the eToro blockchain division launched a cryptocurrency exchange with support for various stablecoins.

Bitifinex to Cooperate With Bitrefill

Exchange's users will be able to purchase products from the Bitrefill catalog with help of Lightning Network
05 December 2019   64

The Bitfinex cryptocurrency exchange has entered into a partnership with the service of replenishing mobile accounts and gift certificates Bitrefill.

Using Lightning Network (LN) technology, Bitfinex users will be able to purchase products from the Bitrefill catalog, which includes more than 2,000 digital gift cards and options for replenishing mobile accounts.

As soon as the user pays for the goods using Bitcoin, Bitfinex and Bitrefill automatically settle through the LN network, which makes transactions cheaper and much faster.

Bitcoin’s use as a means of payment represents an important milestone in the inevitable journey towards mass adoption. This is why the Lightning Network is so important. As an exchange, Bitfinex is at the forefront of developing solutions utilizing this technology.
 

Paolo Ardoino

CTO, Bitfinex

On December 3, Bitfinex integrated payment support through the Lightning Network.