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We’re excited to announce a new partnership with eToro, the multi-asset trading and investment platform!
eToro has a community of over 10 million traders and has raised US$162 million in funding to date.
CoinFi crypto data and news is now exclusively integrated directly into the eToro trading platform. As part of the deal, eToro has acquired a significant stake in the CoinFi token (COFI).
The integration provides eToro traders and investors with access to a new CoinFi-powered research tab currently featuring real-time news, analysis, technical indicators, and development activity tracking. The CoinFi team will continue to work with eToro to deliver additional metrics and data to help their crypto traders make better decisions.
While we’ve shifted our focus towards trading algorithms, this partnership brings onboard a powerful COFI stakeholder and provides direct exposure for CoinFi to a community of over 10 million traders. We’re excited to continue furthering this partnership over the coming years.
You can read the full press release here: https://blog.coinfi.com/coinfi-partners-with-etoro-to-provide-crypto-research-and-data/
What’s Next For CoinFi?
We’ve been quiet for most of 2019, but we’re constantly working hard behind the scenes on our mission of bringing Wall Street calibre trading tools to crypto. We have a lot more planned for 2019, so stay tuned!
We just pushed our new Markets tab to production. With this feature you can now get a breakdown of trading volume by exchange/markets on CoinFi Coin pages. Example: https://www.coinfi.com/coins/ethereum#markets
You might note that this is a long-standing feature on CoinMarketCap and other crypto data websites. However, this is also basic functionality requested by our users, and required on any crypto data site. As always, constructive feedback is welcome!
Hey CoinFi Fans, there have been some concerns that the announcement channel will self destruct due to inactivity. That's not entirely correct - this channel was created by one of our community support team members during the ICO, but she is no longer with the project or active on telegram. As a result, her account self-destructed. Because Telegram doesn't permit transfer of "Creator" status for telegram groups (this is a problem with telegram, who haven't addressed this issue despite promising a fix back in 2017, see https://twitter.com/durov/status/867538475356172288?lang=en), this channel no longer has a creator. However, it is still live, we can just no longer add new admins.
With the recent event happenings, the term ‘stablecoin’ doesn’t seem like a very fitting name for the assets they represent. Tether (USDT), for example strayed away from the US dollar parity by a nearly 10% spread last month. Furthermore, there’s also been a lot of interest and talks with the emergence of ERC20 stablecoins.
So what are stablecoins? In this episode, we discuss the different types of stablecoins, why stablecoins are important, and how the future landscape of stablecoins will look with the emergence of all these new stablecoins.
https://www.coinfi.com/research/article/ns53zmsyak-episode-011-can-usdt-maintain-its-dominance-amidst-all-the-emerging-stablecoins
Check out the latest Thirtyk article to see what our CEO Timothy Tam has to say about the entry of industry players like Fidelity Investments in the Crypto market!
https://thirtyk.com/2018/09/21/cryptocurrency-market-prices/
Data from market intelligence platform CoinFi shows bets against ether at an all-time high. Check out the latest CNBC article for this and more from our CEO Timothy Tam! https://cnb.cx/2p0Ej5Y
Check out what our CEO Timothy Tam has to say about the plunge in the Ether prices in the latest CNBC article!
"Ether plunges more than bitcoin, frustrating investors who believed it was the better alternative"
https://www.cnbc.com/2018/09/06/ether-was-hyped-as-the-better-more-useful-version-of-bitcoin-but-some-investors-have-run-out-of-patience.html
Got questions for the CoinFi core team?
Well, great, as it's time for our September AMA! Post your questions in the comments on Reddit by September 8th & we will answer the top 10 most upvoted questions!
https://www.reddit.com/r/CoinFi/comments/9bh8yu/monthly_ama_with_the_coinfi_core_team_september/
It feels like time just zips by these days. Partly that’s because crypto moves lightning fast, but also every single day has been jam-packed at the CoinFi office.
August has been no exception!
https://blog.coinfi.com/coinfi-news-closed-beta-testing-new-database-and-more/
Near-guaranteed profit by lending cryptocurrency? The idea sounds great, but is there a catch? Tune into CoinFi Podcast Episode 10, where the team explores nontraditional lending: how it works, its risks, and how it can be used to make profit!
Episode 010: Crypto-Backed Loans: How You Can Make Money with Nontraditional Lending
https://blog.coinfi.com/crypto-backed-loans/