Is BTC building support below $40K, or could Bitcoin retest lower levels?
FM
The price of Bitcoin appears to have achieved some stability over $35K, but its next moves will be crucial.
Since the price of BTC dropped below $40K in mid-May, the price of the asset has meandered throughout the $32K-$38K range, never quite managing to build enough support to recapture $40K.
Analysts believe that if support about $35K continues to build, there could be a meaningful and sustained movement toward $40K and above, one that is not so pumped on leverage. However, if not BTC could enter a new period of price discovery on the lower end. What’s next for BTC?
“Volatility Is Expected in Crypto or for Any New Emerging Technology or Asset Class.”
What caused the price drop in May? Adan Kedem. chief marketing officer of Kirobo, told Finance Magnates that the answer "depends on whether you are a maximalist or not."
"You can look at it as a drop in demand and an over-hyped push from the outside market, as we saw in the 2017-2018 drops," he continued. However, Another way to look at it is acknowledging that there are more advanced solutions and better serving coins out there, compared to BTC. For instance Ethereum. Either way you look at it, no one really knows what is the next move with BTC, we can leave that to the whales, who are the movers and shakers of the market."
Wouter Witvoet, CEO and Founder of DeFi Technologies, believes that BTC’s price doldrums are nothing more than a phase: “I do believe the price of Bitcoin will recover and then exceed previous all-time highs.”
“Volatility is expected in crypto or for any new emerging technology or asset class,” he continued. “Pay attention to the adoption rate of the networks. If the participants in the network keep growing over time, the value of the network rises.”
“As Ray Dalio has often mentioned, BTC is a natural hedge against a never before seen expansion of USD money supply. We know institutions are buying it at rates never before seen. This is a tailwind that speaks to a long term bullishness on BTC,” he said.
Sebastian Quinn-Watson, Founder at Yieldly Finance
“Big Drops Will No Longer Be Possible When the Capitalization of Bitcoin Is So Large That Retail Sales Will Not Affect the Exchange Rate.”
In the meantime, a little (or a lot) of price volatility may just be par for the course. Oleg Kurchenko, Founder of European digital asset exchange Binaryx, told Finance Magnates that: “If there are no periods of sharp drops of 20-50 percent over several days, there can be no periods of rapid growth of 100-200 percent over a short time as well.”
“Sharp movements make crypto-assets attractive for retail investors, who tend to take high risks in pursuit of high profits,” he said.
“If you remove the risk, then cryptocurrencies will become as boring assets as metals or other traditional assets trading on the world's largest exchanges,” he added.
However, Bitcoin will not always be capable of such extreme volatility. “Big drops will no longer be possible when the capitalization of Bitcoin is so large that retail sales will not affect the exchange rate,” he told Finance Magnates.
Bitcoin over the Next Five Years
In other words, Bitcoin would need to reach a point where its market cap is almost entirely comprised of non-leveraged long-term institutional and retail hodlers, and a lot of them.
But, when could Bitcoin reach that point?
Shidan Gouran, Founder of the Canadian merchant bank, Gulf Pearl, believes that it could happen sooner rather than later: “Just in the past year, Bitcoin has gone up more than four times, and actually even went up more than eight times before its current tumble,” he said.
Oleg Kurchenko, Founder of European digital asset exchange Binaryx
“Given its past performance, it's very realistic and reasonable to assume that one Bitcoin can reach $1MM USD at some point in the near future; I would give it five years at maximum,” he said. “This is only a 20x increase from its all-time high, and we have seen Bitcoin achieve this level of growth multiple times in a time span of a few weeks.”
After all, BTC’s performance in the bigger picture is still quite impressive: Charlie Silver, Chief Executive of Permission.io, told Finance Magnates that, yes, “in the last 60-90 days, there has not been a lot of positive action in the market.”
However, “If you go back a year, bitcoin was at about $6-7K.” Compared to that price point, BTC is up more than 600%. Therefore, Silver believes that: “We’re still solidly in a bull market.”
Shidan Gouran, Chief Executive of merchant banking advisory Gulf Pearl
“It may still bounce around between support and resistance. It may hit $30K again for a day or two and then rally back up towards $60K...This is normal market action for any kind of tradable item whether it’s a stock, bond, real estate, gold, or another kind of commodity.”
Conflicting Beliefs about How BTC Derives Its Value
However, Gouran, and many others in the world of traditional finance, has serious questions about the way that Bitcoin is deriving its value over the long term.
“Having said this, I am very much against the thought of people investing in Bitcoin,” Gouran continued.
Why is this? While many analysts believe that Bitcoin gains its primary value by acting as a hedge against fiat currency inflation, Gouran believes that Bitcoin’s “main support comes from either being a quasi-religious movement promulgated by so-called ‘Bitcoin Maximalists’ who feel disenfranchised and, on the other hand, a ‘greater fools’ driven greed by the remaining investor base.”
“At the same time, Bitcoin’s importance as a technological innovation should not be underestimated,” he said.
“It's the first prototype for systems of Internet-connected decentralized databases that can be written to and read from by anyone, on a global scale, while ensuring that no one can spoof others or change their transaction history. Digital assets and cryptographic tokens will remain a central requirement and feature of these systems.”
“I believe that after reaching its all-time high, Bitcoin will pop like no other market has,” he said “It will always find some support with a marginal community, but will remain a speculative asset on the periphery of society. There is no demand beyond being a form of gambling or symbolizing a political identity.”
David Russell, VP of Market Intelligence at TradeStation Group, also pointed out that: “Bitcoin could be a victim of its own success.”
“Just as Yahoo and AOL put the Internet on the map, Bitcoin made crypto a mainstream business,” Russell told Finance Magnates. “But, that doesn’t mean it will remain the go-to asset.”
David Russell, VP of Market Intelligence at TradeStation Group
A Shift Away from BTC and toward Other Decentralized Assets?
Beyond concerns about the ways in which BTC derives its value, Bitcoin is also currently undergoing something of an environmental reckoning.
“Concerns about Bitcoin’s electricity usage have become a sudden, and somewhat, unforeseen, problem,” said David Russell, VP of Market Intelligence at TradeStation Group, to Finance Magnates.
“While the issue has been known forever, the market’s recent attention has definitely hurt sentiment. Institutions are increasingly concerned about ESG issues and Bitcoin’s proof-of-work model might not be the best suited for that priority.”
“Right now the activity is shifting toward the Ethereum ecosystem,” he said. “Ethereum could be stealing a lot of Bitcoin’s thunder here. The upcoming switch to proof-of-stake, combined with fee burning in July, give Ethereum some apparent positives that Bitcoin doesn’t seem to enjoy now. Their valuation gap is closing quickly.”
Will We See a ‘DeFi Summer’ in 2021?
As the focus continues to shift toward Ethereum, there is quite a bit of attention on the decentralized finance (DeFi) ecosystem that sits on top of it.
Still, both ETH and DeFi assets across the board are heavily dependent on the price of Bitcoin. “Currently, there is an inescapable correlation to BTC price and the wider Altcoin and DeFi market,” Sebastian Quinn-Watson, Founder of Yieldly Finance, said. However, “it is one that we expect to weaken over time.”
“The DeFi market will become immune to the downward fluctuations of BTC, as more and more DeFi projects mature and gain wider adoption,” he continued, adding that “With this recent BTC low, we noticed that the top DeFi coins were actually far less impacted by the dip, such as $ALGO and $UNI.”
But, will 2021 see a DeFi summer like the one in 2020? “We will have an endless summer of DeFi,” Quinn-Watson told Finance Magnates.
“DeFi is part of the generational change that is disrupting finance. It is the natural extension of what Fintech, such as Revolut and Monzo have been doing with savings and credit. DeFi is doing this on a rapid scale across an increasingly larger number of fintech products.”
"We will have to provide better solutions and methods for people to gain access to their funds and make it a no brainer to operate a wallet or even pay and do mundane things with crypto. Only then will we have a chance to survive the next blockchain and crypto winter."
Adam Kedem, CMO of Bitcoin logic layer startup Kirobo.
The price of Bitcoin appears to have achieved some stability over $35K, but its next moves will be crucial.
Since the price of BTC dropped below $40K in mid-May, the price of the asset has meandered throughout the $32K-$38K range, never quite managing to build enough support to recapture $40K.
Analysts believe that if support about $35K continues to build, there could be a meaningful and sustained movement toward $40K and above, one that is not so pumped on leverage. However, if not BTC could enter a new period of price discovery on the lower end. What’s next for BTC?
“Volatility Is Expected in Crypto or for Any New Emerging Technology or Asset Class.”
What caused the price drop in May? Adan Kedem. chief marketing officer of Kirobo, told Finance Magnates that the answer "depends on whether you are a maximalist or not."
"You can look at it as a drop in demand and an over-hyped push from the outside market, as we saw in the 2017-2018 drops," he continued. However, Another way to look at it is acknowledging that there are more advanced solutions and better serving coins out there, compared to BTC. For instance Ethereum. Either way you look at it, no one really knows what is the next move with BTC, we can leave that to the whales, who are the movers and shakers of the market."
Wouter Witvoet, CEO and Founder of DeFi Technologies, believes that BTC’s price doldrums are nothing more than a phase: “I do believe the price of Bitcoin will recover and then exceed previous all-time highs.”
“Volatility is expected in crypto or for any new emerging technology or asset class,” he continued. “Pay attention to the adoption rate of the networks. If the participants in the network keep growing over time, the value of the network rises.”
“As Ray Dalio has often mentioned, BTC is a natural hedge against a never before seen expansion of USD money supply. We know institutions are buying it at rates never before seen. This is a tailwind that speaks to a long term bullishness on BTC,” he said.
Sebastian Quinn-Watson, Founder at Yieldly Finance
“Big Drops Will No Longer Be Possible When the Capitalization of Bitcoin Is So Large That Retail Sales Will Not Affect the Exchange Rate.”
In the meantime, a little (or a lot) of price volatility may just be par for the course. Oleg Kurchenko, Founder of European digital asset exchange Binaryx, told Finance Magnates that: “If there are no periods of sharp drops of 20-50 percent over several days, there can be no periods of rapid growth of 100-200 percent over a short time as well.”
“Sharp movements make crypto-assets attractive for retail investors, who tend to take high risks in pursuit of high profits,” he said.
“If you remove the risk, then cryptocurrencies will become as boring assets as metals or other traditional assets trading on the world's largest exchanges,” he added.
However, Bitcoin will not always be capable of such extreme volatility. “Big drops will no longer be possible when the capitalization of Bitcoin is so large that retail sales will not affect the exchange rate,” he told Finance Magnates.
Bitcoin over the Next Five Years
In other words, Bitcoin would need to reach a point where its market cap is almost entirely comprised of non-leveraged long-term institutional and retail hodlers, and a lot of them.
But, when could Bitcoin reach that point?
Shidan Gouran, Founder of the Canadian merchant bank, Gulf Pearl, believes that it could happen sooner rather than later: “Just in the past year, Bitcoin has gone up more than four times, and actually even went up more than eight times before its current tumble,” he said.
Oleg Kurchenko, Founder of European digital asset exchange Binaryx
“Given its past performance, it's very realistic and reasonable to assume that one Bitcoin can reach $1MM USD at some point in the near future; I would give it five years at maximum,” he said. “This is only a 20x increase from its all-time high, and we have seen Bitcoin achieve this level of growth multiple times in a time span of a few weeks.”
After all, BTC’s performance in the bigger picture is still quite impressive: Charlie Silver, Chief Executive of Permission.io, told Finance Magnates that, yes, “in the last 60-90 days, there has not been a lot of positive action in the market.”
However, “If you go back a year, bitcoin was at about $6-7K.” Compared to that price point, BTC is up more than 600%. Therefore, Silver believes that: “We’re still solidly in a bull market.”
Shidan Gouran, Chief Executive of merchant banking advisory Gulf Pearl
“It may still bounce around between support and resistance. It may hit $30K again for a day or two and then rally back up towards $60K...This is normal market action for any kind of tradable item whether it’s a stock, bond, real estate, gold, or another kind of commodity.”
Conflicting Beliefs about How BTC Derives Its Value
However, Gouran, and many others in the world of traditional finance, has serious questions about the way that Bitcoin is deriving its value over the long term.
“Having said this, I am very much against the thought of people investing in Bitcoin,” Gouran continued.
Why is this? While many analysts believe that Bitcoin gains its primary value by acting as a hedge against fiat currency inflation, Gouran believes that Bitcoin’s “main support comes from either being a quasi-religious movement promulgated by so-called ‘Bitcoin Maximalists’ who feel disenfranchised and, on the other hand, a ‘greater fools’ driven greed by the remaining investor base.”
“At the same time, Bitcoin’s importance as a technological innovation should not be underestimated,” he said.
“It's the first prototype for systems of Internet-connected decentralized databases that can be written to and read from by anyone, on a global scale, while ensuring that no one can spoof others or change their transaction history. Digital assets and cryptographic tokens will remain a central requirement and feature of these systems.”
“I believe that after reaching its all-time high, Bitcoin will pop like no other market has,” he said “It will always find some support with a marginal community, but will remain a speculative asset on the periphery of society. There is no demand beyond being a form of gambling or symbolizing a political identity.”
David Russell, VP of Market Intelligence at TradeStation Group, also pointed out that: “Bitcoin could be a victim of its own success.”
“Just as Yahoo and AOL put the Internet on the map, Bitcoin made crypto a mainstream business,” Russell told Finance Magnates. “But, that doesn’t mean it will remain the go-to asset.”
David Russell, VP of Market Intelligence at TradeStation Group
A Shift Away from BTC and toward Other Decentralized Assets?
Beyond concerns about the ways in which BTC derives its value, Bitcoin is also currently undergoing something of an environmental reckoning.
“Concerns about Bitcoin’s electricity usage have become a sudden, and somewhat, unforeseen, problem,” said David Russell, VP of Market Intelligence at TradeStation Group, to Finance Magnates.
“While the issue has been known forever, the market’s recent attention has definitely hurt sentiment. Institutions are increasingly concerned about ESG issues and Bitcoin’s proof-of-work model might not be the best suited for that priority.”
“Right now the activity is shifting toward the Ethereum ecosystem,” he said. “Ethereum could be stealing a lot of Bitcoin’s thunder here. The upcoming switch to proof-of-stake, combined with fee burning in July, give Ethereum some apparent positives that Bitcoin doesn’t seem to enjoy now. Their valuation gap is closing quickly.”
Will We See a ‘DeFi Summer’ in 2021?
As the focus continues to shift toward Ethereum, there is quite a bit of attention on the decentralized finance (DeFi) ecosystem that sits on top of it.
Still, both ETH and DeFi assets across the board are heavily dependent on the price of Bitcoin. “Currently, there is an inescapable correlation to BTC price and the wider Altcoin and DeFi market,” Sebastian Quinn-Watson, Founder of Yieldly Finance, said. However, “it is one that we expect to weaken over time.”
“The DeFi market will become immune to the downward fluctuations of BTC, as more and more DeFi projects mature and gain wider adoption,” he continued, adding that “With this recent BTC low, we noticed that the top DeFi coins were actually far less impacted by the dip, such as $ALGO and $UNI.”
But, will 2021 see a DeFi summer like the one in 2020? “We will have an endless summer of DeFi,” Quinn-Watson told Finance Magnates.
“DeFi is part of the generational change that is disrupting finance. It is the natural extension of what Fintech, such as Revolut and Monzo have been doing with savings and credit. DeFi is doing this on a rapid scale across an increasingly larger number of fintech products.”
"We will have to provide better solutions and methods for people to gain access to their funds and make it a no brainer to operate a wallet or even pay and do mundane things with crypto. Only then will we have a chance to survive the next blockchain and crypto winter."
Adam Kedem, CMO of Bitcoin logic layer startup Kirobo.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
How Ripple Pulled Off the Year’s Biggest Crypto Raise While XRP Tumbled 40%
Featured Videos
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official