Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing mid 2018 eToro has 10 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS. The motto at eToro is Cryptos Neednt Be Cryptic and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools CopyTrader and CopyFund that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders strategies, eToro clients can build up their trading experience and confidence. The second allows users to diversify their portfolio

Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in 2007, it is in the crypto space that it is particularly popular. The innovative platform began offering Bitcoin in 2014, and at the time of writing mid 2018 eToro has 10 cryptos available to buy outright. These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS. The motto at eToro is Cryptos Neednt Be Cryptic and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools CopyTrader and CopyFund that are game-changers for crypto investors of all levels. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders strategies, eToro clients can build up their trading experience and confidence. The second allows users to diversify their portfolio

Reading:IOTA Outage Has Already Outlasted Several Celebrity Marriages

Barry Silbert, Digital Currency Group founder and CEO, has beentalkingtoBloombergabout the latest Bitcoin resurgence. In particular, he discussed the factors making this time fundamentally different from rallies following previous drawdowns.

Silbert first pointed out that 80 percent drawdowns have happened multiple times before, and each time Bitcoin has recovered to post record highs. But the big difference between now and 2017s bubble is the change in infrastructure.

Citing the rise of custodians, trading and compliance software, Silbert highlighted 2018s crash and the unwinding of the ICO market as positive influences on the cryptocurrency space.

He also saw a big change in that consumers are now more educated about the asset class.

Younger generations have been brought up in a world without a gold standard, where money is digital. Approximately $68 trillion of wealth is due to be handed down by the boomer generation. This is unlikely to be invested in gold as it may have been previously.

Whilst, not all of this inherited wealth will flow into Bitcoin, Silbert certainly sees it diversifying. As goes becomes more valuable, its key utility (in electronics) is being replaced. The main purchasers for gold are now central banks, which goes against the sentiment of most gold investors.

This sentiment is one of the factors the Silbert is trying to key into through Grayscales Drop Goldmarketing campaign.

The final reason Silbert believes that this Bitcoin resurgence is different is the rise in institutional money flowing into the space. Rather than just anecdotal evidence, he pointed to the actual figures fromGrayscale Investments.

In what was a record-breaking Q1 for the company, over 70% of inflows have been from institutional investors. Of this, over 90% have been into the Bitcoin-trust. Not only is money flowing in but it is also very discerning over which crypto-assets it invests in.

There is also the ever-looming approval of a Bitcoin-ETF, which most pundits believe will occur at some point this year. Some think it may happen as soon asnext Tuesday.

What other reasons make this bitcoin revival unlike the previous times? Share your thoughts below!

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