Crazy Cryptos on Another Rip | Hacked: Hacking Finance
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Crazy Cryptos on Another Rip

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Crazy Cryptos on Another Rip


This article was posted on Friday, 11:15, UTC.

It looks like the Japanese have finally upped their volumes. According to, bitflyer – the company who will be responsible for bringing bitcoin to 260,000 stores in Japan – is now trading over 100,000 bitcoins a day and responsible for 10% of the total volume in the market.

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The cryptocurrency market has seen another massive surge last night, adding $4 Billion in value over the past 24 hours.

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Both Bitcoin and Ethereum are again trading at all time highs. Many traders in eToro now have their sights set firmly on BTC2K!!


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Please note: All data, figures & graphs are valid as of May 19th. All trading carries risk. Only risk capital you’re prepared to lose.

Market Overview

The safe haven sentiment in the markets is now apparent. Investors across the globe are now taking a good hard look at their respective portfolios as fear of political turmoil sets in.

The fireworks started yesterday morning in Brazil, the country can’t seem to shake mounting political scandals and yesterday it hit the markets in a big way.

Shares in the Ibovespa index dropped 10% at the market opening…

…and the Brazilian Real plunged 8.5% against the US Dollar.

Focus Today will be on the Middle East.

It’s election day in Iran. The incumbent Rouhani has only a slight edge over his rival. As Iranians go to the polls today the issue on the table is about East or West.

Rouhani wants to cozy up to Europe and America. His opponent is more of an Islamic idealist. As a former judge, he’s personally passed hundreds of death sentences and would likely not be a good friend of the Western World.

If the election is too close to call, they may be heading for a runoff between the two frontrunners.

Meanwhile, in the Middle East. Donald Trump is starting his tour of Saudi Arabia, Israel, Rome, and Belgium.

He will likely be the first President in US history to travel to the Middle East in order to avoid political turmoil.

The US markets managed to close in green yesterday after the Trump Dump on Wednesday. The big test will be what happens tonight before the weekend.

Will investors hold firm or get cold feet?… We’ll find out soon.

For the past two weeks, safe haven trading has been firmly in place.

We have gold going up…

along with the Japanese Yen…

and US treasury bonds rising sharply…

Have an awesome weekend!!

This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation.
Past performance is not an indication of future results. All trading carries risk. Only risk capital you’re prepared to lose.

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Mati Greenspan

Mati Greenspan

Senior Market Analyst at

  • user

    AUTHOR Joshnj82

    Posted on 2:37 pm May 19, 2017.

    You are doing yourself and this website a disservice with the unnecessary and opinionated political comments. People are losing trust in the media across the board because of this growing trend of political bias. Financial markets are greatly impacted by politics and global events and I’m not suggesting otherwise. However, there is a major difference with reporting political news (facts) and political opinions and your last 2 articles (or more) contain unsubstantiated statements which are unrelated to the article and completely unnecessary. You do a great job with reporting current news and events affecting the markets and economy and I apologize for airing my frustrations. I miss the days when people mostly kept their personal views to themselves and everyone wasn’t a political commentator.

  • user

    AUTHOR Mati Greenspan

    Posted on 3:50 pm May 19, 2017.

    Hi Josh,

    Thanks for the compliment and for the high level of feedback. I’m thrilled that you read the article and that you took the time to comment.

    After considering this issue, I am of the opinion that it is not possible to separate my opinions from the way that I deliver the facts. To write and flow freely one must express their full unencumbered feelings on the topic at hand.

    This is one of the things that I admire about President Trump. He says what he thinks without regards to what others might say. Even if some of those things may be quite controversial. Often times the best thoughts and innovations are controversial.

    With your permission, I will continue to provide top notch market analysis, which will be delivered with a healthy dose of cynicism. Your welcome to read them, or not, and take what you like, or not.

    Have a pleasant weekend.


  • user

    AUTHOR Joshnj82

    Posted on 6:30 pm May 19, 2017.

    Thank you for taking the time to respond to my comment. Some people might find your request for permission a bit condescending but the world is filled with people looking for reasons to manufacture outrage.

    I am not a paid analyst and am in no position to offer advice or give permission to anyone in your profession. You should continue to use all the tools you feel is needed to succeed. If you need to bash the President in order to produce top notch market analysis thsn please continue to do so. Like you said, subscribers always have a choice.

    Best wishes,


  • user

    AUTHOR ryepdx

    Posted on 9:00 pm May 19, 2017.

    Bash the president? Noting that he’s going to the Middle East in the midst of political turmoil doesn’t strike me as bashing. Then again, I’m not a fan of Trump and never have been, so I’m not particularly sensitive to these things.

  • user

    AUTHOR Joshnj82

    Posted on 10:05 pm May 19, 2017.

    I was referring to his previous article, “damage done” where he accused Pres of colluding w/ Russia and submitted “evidence” as proof. I just didn’t see the relevance of adding a video of a campaign speech under market analysis for yesterday. I should have been more specific.
    When I read an article about my fav sports team and the columnists decides to digress w/ non-related political opinion it’s annoying. Same goes for financial news and so on. Politics has seeped into everything and it’s getting tiresome. I’m just ranting some frustrations atm and spending way too much time doing so. I’m done…

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