Hi Everybody,
The cryptocurrency and blockchain company Blockchain managed to raise $40 Million in order to expand their services into new regions and develop new products. The money came from a few different venture capital companies including Google Ventures.
Too bad they didn’t do a flashy ICO like all the cool kids are doing these days. They probably could’ve made 10 times that or more.
–Mati Greenspan
eToro, Senior Market Analyst
Today’s Highlights
- Health Don’t Care
- Happy Brexit-versary
- The CryptoVerse
Please Note: All data, figures & graphs are valid as of June 23rd. All trading carries risk. Only risk capital you’re prepared to lose.
Health Don’t Care
The market turned its short attention span towards Donald Trump and his secret health care bill that was just revealed to the world yesterday. Many experts say that this bill has no chance of becoming a law but that didn’t stop healthcare stocks from raising the roof on the stock market.
But despite the apparent enthusiasm from that, stocks were flat and volatility was virtually nonexistent.
The Great May Giveaway
It’s been one year since the Brexit referendum marked the official peak of globalization. A lot has happened in UK politics since then but yesterday was probably the worst update yet.
In an unprecedented display of political suicide, May proposed to the nations of Europe that she will allow 3 million EU citizens currently living in the UK undiminished access to British Healthcare and social benefits.
This was supposed to be one of England’s largest bargaining chips going into these negotiations and May just handed it to the cocktail waitress as a tip.
The British Pound remains, until this point, almost completely unphased by political risk and has actually gone up since the summit. HAKUNA MATATA!
The CryptoVerse
With the Crypto industry hanging out near it’s highest valuations to date and another major ICO planned for the weekend it’s time to discuss things with an expert.
In about an hour from the time of this Email, eToro will be teaming up with a popular video blogger named Chris Coney on his channel The Cryptoverse
To join Chris and myself in this unique live YouTube event, simply click this link and leave it open in your browser.
Hope to see you there. Have an amazing weekend ahead!!
