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GlobalBlock and our team of traders and analysts are featured regularly in the media. Plus you can discover more about GlobalBlock and the Cryptocurrency markets via our press releases and market commentary.

Dubai Approves First Crypto Law Whilst Inflation Data Raises Concerns

Marcus Sotiriou

Mar 11

Dubai Approves First Crypto Law Whilst Inflation Data Raises Concerns

GB Market Commentary 11/03/2022 by Marcus Sotiriou After yesterday’s concerning CPI data, Bitcoin remains stable at around $39,000....

Bitcoin Slumps as Investors Anticipate U.S. CPI Data

Marcus Sotiriou

Mar 10

Bitcoin Slumps as Investors Anticipate U.S. CPI Data

GB Market Commentary 10/03/2022 by Marcus Sotiriou The crypto markets performed well yesterday, as Biden ‘s executive order laid out...

Bitcoin Rallies as Executive Order Provides Clarity

Marcus Sotiriou

Mar 9

Bitcoin Rallies as Executive Order Provides Clarity

GB Market Commentary 09/03/2022 by Marcus Sotiriou Bitcoin rallied 9% to over $42,000 this morning, as key points from Joe Biden’s...

Oil Price Surge Creates More Fear for Crypto

Marcus Sotiriou

Mar 8

Oil Price Surge Creates More Fear for Crypto

GB Market Commentary 08/03/2022 by Marcus Sotiriou Whilst Bitcoin consolidates below the important $40k level, rising oil prices has...

Virginia Passes New Crypto Law Whilst Macro Headwinds Mount Up

Marcus Sotiriou

Mar 7

Virginia Passes New Crypto Law Whilst Macro Headwinds Mount Up

GB Market Commentary 07/03/2022 by Marcus Sotiriou Bitcoin made a lower low on the daily time frame last week as it failed to hold above...

Binance CEO Refuses to Issue Blanket Ban on all Russian Users

Marcus Sotiriou

Mar 4

Binance CEO Refuses to Issue Blanket Ban on all Russian Users

GB Market Commentary 04/03/2022 by Marcus Sotiriou Bitcoin sold off to retest the 20-day moving average at around $41,000 this morning,...

Bitcoin Stalls as Financial Services Giant Charles Schwab Plans to Launch a Crypto ETF

Marcus Sotiriou

Mar 3

Bitcoin Stalls as Financial Services Giant Charles Schwab Plans to Launch a Crypto ETF

GB Market Commentary 03/03/2022 by Marcus Sotiriou Bitcoin has stalled around $43-$44k whilst on-chain metrics suggests that the...

Binance Leveraged Traders are Fearful Whilst Institutions are Optimistic

Marcus Sotiriou

Mar 2

Binance Leveraged Traders are Fearful Whilst Institutions are Optimistic

GB Market Commentary 02/03/2022 by Marcus Sotiriou Bitcoin consolidates above $43,000, as it is shown signs of a decoupling against the...

Bitcoin Rallies 17% Whilst Millions Have Been Donated to Ukraine Through Crypto

josh4296

Mar 1

Bitcoin Rallies 17% Whilst Millions Have Been Donated to Ukraine Through Crypto

GB Market Commentary 01/03/2022 by Marcus Sotiriou Bitcoin rallied by an incredible 17% yesterday, on a day that the S&P 500 was down by...

Bitcoin Recovers Remarkably with $143 Million of Shorts Liquidated

Marcus Sotiriou

Feb 25

Bitcoin Recovers Remarkably with $143 Million of Shorts Liquidated

GB Market Commentary 25/02/2022 by Marcus Sotiriou After a slump across all risk-on assets due to Russia invading Ukraine, global markets...

Bitcoin Tumbles Whilst Ukraine Legalise Crypto

Marcus Sotiriou

Feb 18

Bitcoin Tumbles Whilst Ukraine Legalise Crypto

GB Market Commentary 18/02/2022 by Marcus Sotiriou After increased tension between Russia and Ukraine yesterday, global markets tumbled,...

The Russia-Ukraine Conflict Heats up as Macro Headwinds Strengthen

Marcus Sotiriou

Feb 17

The Russia-Ukraine Conflict Heats up as Macro Headwinds Strengthen

GB Market Commentary 17/02/2022 by Marcus Sotiriou Bitcoin has failed to reclaim the $44,000 level, as it dropped this morning to around...

Largest Bank in Southeast Asia to Launch New Crypto Service

Marcus Sotiriou

Feb 16

Largest Bank in Southeast Asia to Launch New Crypto Service

GB Market Commentary 16/02/2022 by Marcus Sotiriou Bitcoin remains hesitant, as data shows that this recent rally was driven mostly by...

Bitcoin Acts as the Solution During Political Unrest in Canada

Marcus Sotiriou

Feb 15

Bitcoin Acts as the Solution During Political Unrest in Canada

GB Market Commentary 15/02/2022 by Marcus Sotiriou Bitcoin held the 50-day moving average mentioned in yesterday’s market note and...

Fear Surrounds Global Markets Due to High Inflation & a Potential War

Marcus Sotiriou

Feb 14

Fear Surrounds Global Markets Due to High Inflation & a Potential War

GB Market Commentary 14/02/2022 by Marcus Sotiriou Bitcoin is holding just above the 50-day moving average whilst there are fears around...

Wells Fargo Predicts Crypto is Close to Hyper-Adoption

Marcus Sotiriou

Feb 11

Wells Fargo Predicts Crypto is Close to Hyper-Adoption

GB Market Commentary 11/02/2022 by Marcus Sotiriou After Bitcoin rallied almost 40% off the lows, it has showed signs of potential...

U.S. CPI Data is Higher Than Expected as Market Turns Fearful

Marcus Sotiriou

Feb 10

U.S. CPI Data is Higher Than Expected as Market Turns Fearful

GB Market Commentary 10/02/2022 by Marcus Sotiriou Bitcoin has dropped around 3% immediately after U.S. CPI data, which was released at...

Russia Follows India in Recognising Crypto Legally as Currency

Marcus Sotiriou

Feb 9

Russia Follows India in Recognising Crypto Legally as Currency

GB Market Commentary 9/02/2022 by Marcus Sotiriou Bitcoin is hesitating around $44,000, whilst fundamentals in the crypto industry grow...

Financial Service Giant KPMG Adds Bitcoin & Ethereum to Corporate Treasury

Marcus Sotiriou

Feb 8

Financial Service Giant KPMG Adds Bitcoin & Ethereum to Corporate Treasury

GB Market Commentary 8/02/2022 by Marcus Sotiriou Bitcoin continued its impressive bounce yesterday as it reached $45,500 approximately,...

Bitcoin Breaks Out From Downtrend as $270m of Shorts Get Liquidated

Marcus Sotiriou

Feb 7

Bitcoin Breaks Out From Downtrend as $270m of Shorts Get Liquidated

GB Market Commentary 7/02/2022 by Marcus Sotiriou Despite U.S. jobs data on Friday being better than expected, giving the Federal Reserve...