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Bitcoin’s Trading-Volume Pulse, Poloniex Spin-off, Crypto Conditions: eToro Market Update

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Bitcoin’s Trading-Volume Pulse, Poloniex Spin-off, Crypto Conditions: eToro Market Update

Hi Everyone,

The prolonged low-volume consolidation period has claimed her first victim and it’s a big one.

To be fair, Poloniex has been steadily losing market share for more than a year and being bought out by Goldman Sachs backed Circle in February 2018 (light blue bar) only seems to have made things worse.

Now it seems that Circle is ditching Poloniex, or rather they’ve been trying to offload it for a while and now it’s finally been spun off in a deal that allegedly involves Justin Sun, though Sun denies it.

The crypto market is changing quickly and the dream of a clear…

What do you think?

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