eToro and TIE Highlight Importance of Investor Sentiment in Latest Crypto Market Report “The True Value of Influence” | national

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Designed to be an essential tool for investors, the report helps navigate the information overload in today’s digital, always-connected world.

NEW YORK, July 26, 2021 / PRNewswire / – eToro, the world’s leading social investment network, released its second quarter 2021 report, produced in partnership with The TIE, a leading provider of alternative data for assets digital. The True Value of Influence examines two highly relevant and topical topics to equip investors with essential knowledge to help them make long-term decisions.

First, the report explores The Bottom Line Influence of YouTube Influencers and examines data from an analysis of the top 100 crypto YouTubers to show their overall contribution to market sentiment. Next Moving the Crypto Markets with Tweets follows Elon Musk and Michael Saylor’s tweets throughout Q2 2021. This demonstrates the impact the two have had on the sentiment and price of two leading crypto assets, bitcoin and dogecoin.

“Investors today face information overload. Crypto is a new class of asset, so in addition to understanding what function and role new assets play, they also need to understand the overwhelming volume of assets. ‘information available and understand which sources matter most and why,’ Guy said. Hirsch, US CEO of eToro. “This was particularly evident in the last quarter when the crypto markets experienced a high level of volatility and we saw the power of retail investors in the market. So we worked with our partners at The TIE to create a useful tool for crypto asset investors. which looks beneath the surface of two critical themes. “

The report is divided into the following three sections:

Sentiment Meets Price Volatility in Q2: This introductory section shows investors how a global research organization analyzes sentiment to understand its role in pricing crypto assets. The Final Influence of YouTube Influencers: An in-depth analysis of the Top 100 Youtube Influencers helps investors understand the impact of influential individuals on the market and their role as leading and lagging indicators. Moving the Crypto Markets with Tweets: The final section tells the story of the first half of 2021 through the tweets of 2 very influential people and examines their impact on market price and sentiment.

“The second quarter of 2021 was defined by extreme highs and lows, regular market swings of +/- 10% and overall volatility,” said Joshua Frank, CEO of The TIE. “Behind the scenes, volumes of data examine the role of key influencers in volatility and why it is important to consider multiple sources of information before making an investment.”

The true value of influence is available for download here: https://www.etoro.com/en-us/crypto/quarterly-report/

About eToro:

eToro is a multi-asset investment platform that enables people to develop their knowledge and wealth as part of a global community of successful investors. eToro was founded in 2007 with the vision of opening up global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of over 20 million registered users around the world who share their investment strategies. Due to the simplicity of the platform, users can easily buy, hold and sell assets, monitor their portfolio in real time, and trade whenever they want.

Warning:

eToro USA LLC; Investments are subject to market risk, including possible loss of capital

eToro is regulated in Europe by the Securities and Exchange Commission in Cyprus, by the Financial Conduct Authority in the United Kingdom and by the Australian Securities and Investments Commission in Australia.

eToro AUS Capital Pty Ltd, AFSL 491139. eToro AUS Capital Pty Ltd offers CFDs on crypto assets. CFD trading does not result in ownership of the underlying assets. CFDs are leverage and risky financial products and may not be suitable for all investors. You can lose a lot more than your initial investment. This information is only general advice. It has been prepared without taking into account your objectives, your financial situation or your needs, and you must, before acting on the opinion, consider the relevance of the opinion in view of your objectives, your financial situation and your needs. You should consider our PDS before making any decision on whether to trade CFDs, available at https://www.etoro.com/customer-service/terms-conditions/

This communication is for informational and educational purposes only and should not be construed as investment advice, personal recommendation or an offer or solicitation to buy or sell financial instruments. This document has been prepared without taking into account the investment objectives or the financial situation of a particular recipient and has not been prepared in accordance with legal and regulatory requirements intended to promote independent research. Any reference to the past or future performance of a financial instrument, an index or a packaged investment product is not and should not be considered as a reliable indicator of future results. eToro makes no representations and assumes no responsibility for the accuracy or completeness of the content of this publication.

About TIE

TIE is the leading provider of information services for digital assets. The TIE offers reliable and transparent data solutions that power major institutional cryptocurrency investors, publications, research firms, law firms, regulators and other market participants. TIE’s SigDevTM Crypto Terminal is the fastest, most comprehensive stream of real-time news and information in the crypto market.

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