Wales to Develop Local Cryptocurrency, eToro Launches Crypto Portfolio Weighted by Twitter Mentions and Bitcoin Falls to 8.100 USD
Here is your daily overview of important, interesting and market moving crypto news.
Wales to Develop Local Cryptocurrency
Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy.
The idea behind the project is based on the Sardex: a mutual credit system implemented on the Italian island of Sardinia, where it benefited the SME economy with 50 million EUR last year alone.
eToro Launches Crypto Portfolio Weighted by Twitter Mentions
That notorious abyss of Crypto Twitter got a new plaything today: an eToro crypto portfolio calibrated to the tenor of its tweets.
The new financial instrument is called TheTIE-LongOnly CopyPortfolio, and, as of Tuesday morning, it was live on eToro’s trading platform with a minimum $2,000 buy-in.
Bitcoin falls below 8.200 USD
After Sunday’s crash, the price moved steadily, until yesterday afternoon. Around 6 P.M. the price plummeted below 8.200 USD.
Get to know our team
Give us a call on +31 85 2250 510 or email us at support@crypto2cash.com. Our members of staff are available between 9.00–18.00 CET to answer any questions you may have, especially in regards to easily selling your crypto for fiat currencies.
