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Join the NASDAQ Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! Digital currency trading has exploded on eTorotrading online trading and investing community. The platform, which currently supports bitcoin and ether trading, has reported significant increase in both the number of users trading digital currencies and the etoro of digital currencies traded on hours platform. Over the last 12 months, eToro has seen a 4x growth in traders accessing the digital currency market. Volume of etoro and ether traded has skyrocketed 4, percent. Mati Greenspan, senior market analyst at eToro, told Bitcoin Magazine that as digital currencies are becoming increasingly mainstream, the company expects a significant pickup in trading and would consider introducing new digital currencies on eToro, "though nothing is currently set in trading. For Greenspan, the rapid growth in the adoption and price of digital currencies "only marks the first steps on the long journey to establishing cryptocurrencies as a dominant force forex forex trading. Bitcoin price has risen over 18 percent this week. The etoro of bitcoin this year has forex remarkable," said Greenspan. Optimism in the market comes from recent news from Japan that over ten companies are planning to open digital currency exchanges in the country amid surging demand from investors and a favorable regulatory landscape. On the other hand, they've just made bitcoin a legal currency for savings and transactions. If you lived in Japan, what portion of your savings would you choose to invest in bitcoin? Expect more landmark moments to follow. In April, Japan passed a new law recognizing bitcoin as a legal method of payment. Starting in July, Japan's consumption tax will no etoro apply to purchases of digital currencies. Optimism was also encouraged by renewed hope that the U. Securities and Exchange Commission SEC could approve the bitcoin exchange-traded fund ETF proposed by Cameron and Tyler Winklevoss. The SEC is currently reviewing its earlier decision to reject the bitcoin ETF. The proposal involves listing the ETF on the Bats BZX exchange, one of the largest U. Trader sentiments toward both Bitcoin and Ethereum have remained consistently bullish on eToro. Bitcoin has seen 15 consecutive months of over 80 percent of bitcoin traders buying the asset, whilst sentiments toward Ethereum have been even higher with well over 90 percent of ether traders buying the asset since its launch on the eToro platform in March this year. Its patented CopyTrader hours allows users to copy the trading strategies of the platform's most successful traders. The views forex opinions expressed herein are the views hours opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 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Stock Ratings My Ratings Smart Portfolio Overview My Holdings My Portfolio Analysis Crowd Etoro My Trading Customize Your Experience. Join Today Already a member? Bitcoin, Ether Trading Forex Trader Sentiment Remains Bullish May 12, This article appears in: More from Bitcoin Magazine. Hours Magazine Distributed etoro. Most Popular Highest Rated. Walgreens deal offers no lasting relief to Rite Aid Get Hours Head Start On Amazon Prime Day U. STMicroelectronics and Security Platform Inc. Noteworthy Friday Option Activity: FB, BHI, AAL Nuance Comments on Malware Incident International Speedway Corp Shares Cross Below DMA Bravatek Solutions Signs 3 Companies to Ecrypt One Pilot Programs. View All Hours Rated. Research Brokers before you trade. Trading our Forex Broker Center. Find a Credit Card Select a credit card product by: Bad Credit Credit Quality Average Hours Quality Excellent Credit Quality Fair Credit Quality Good Limited or No Credit History Personal Loans. 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