Within the next six months, the United States arm of the financial services company, eToro, would cease trading almost all crypto assets on its platform due to a new order from the Securities and Exchange Commission (SEC). According to a press release from the SEC, eToro has violated federal securities laws since at least 2020....Read More
The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad, which includes exploring new markets and contemplating relocating entirely out of the country. In contrast, Europe has become an attractive destination for crypto firms seeking...Read More
The Australian Securities and Investments Commission (ASIC) filed a lawsuit against the trading platform eToro, alleging that its contract for difference (CFD) product could harm investors. That type of monetary tool is a leveraged derivative contract that enables customers to speculate on the prices of equities, commodities, stock market indices, and digital assets. The platform...Read More
Financial trading platform eToro issued new guidelines barring US customers from buying four crypto assets that were recently deemed securities by the United States Securities and Exchange Commission (SEC) in lawsuits against Coinbase and Binance. While eToro did not explicitly cite the securities regulator’s action as the reason for the latest changes in its crypto...Read More
Twitter is all set to roll out a new feature enabling its users to access stocks, cryptocurrencies, and other financial assets through a partnership with the fintech company eToro. The collaboration will focus on expanding Twitter cashtags to cover far more instruments and asset classes, as per an eToro spokesperson. eToro-Twitter According to a CNBC...Read More
Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12). The bear market in 2022 shook the industry to its core, wiping out close to $2 trillion and causing multiple bankruptcies. One of the most active advertisers at last year’s Super Bowl was FTX, whose demise in...Read More
Most retail investors are still very much interested in investing in digital assets despite experiencing what is arguably the worst bear market in crypto history. According to a recent survey report by the social trading platform eToro, more than two-thirds, approximately 69%, of retail investors revealed that they are positive or have mixed feelings about...Read More
FinTech Acquisition Corp. V (Fintech V) – a special purpose acquisition company focused on financial services – has agreed to call off its merger agreement with eToro. The social investing network said that the companies failed to satisfy certain closing conditions by June 30th, making them unable to complete the transaction. According to a press...Read More
According to a recent survey conducted by the trading platform eToro, many single men and women are seeking partners who are not only financially stable but also knowledgeable about cryptocurrencies. 33% of the American participants admitted they are more likely to go on a date with someone who deals with digital assets. Crypto Makes Individuals...Read More
The multi-asset investment platform, eToro, which plans to go public later this year, has listed Shiba Inu (SHIB). The company argued that the decision came following substantial demand from customers. Founded in 2006, eToro is an Israeli social trading and multi-asset brokerage company with offices in several European countries, the US, and Australia. The firm...Read More
eToro faced some technical issues today on 27 January. Several users took to Twitter to complain that they were unable to use the app. This was later confirmed by the eToto team which acknowledged the matter and said on Twitter: We’re aware that some users are unable to close positions on eToro. We’re aware that...Read More
According to a recent notice from trading giant eToro, customers have been advised that there could be disruptions to its cryptocurrency trading services due to ‘unprecedented demand’. It went on to state that it is seeing ‘unprecedented conditions on crypto markets’ as Bitcoin prices and total market capitalization hovers just below their all-time highs. eToro...Read More
Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest...Read More
The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX). eToro To Enable Crypto Staking Cryptocurrency staking requires the investors to “lock” a certain amount of coins based...Read More
Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are...Read More
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment realms, Etoro has a unique insight into the health...Read More
In a recent interview, the founder and CEO of eToro, Yoni Assia shed light on the fact that several people anticipate or expect the 2008 financial crisis to repeat itself. This is primarily because the crypto investors expect a surge in the price of Bitcoin in such a case. The potential financial crisis would enable...Read More
The U.S-China trade war has left both nations’ economies in a state of distress, accelerating geopolitical tension. However, several analysts speculate that the ongoing trade war between two of the world’s largest economies has been beneficial to Bitcoin. Bitcoin’s entry into the monetary world was during a period of economic recession and the coin’s resistance...Read More
A number of questions were submitted during the Q&A which have been collated and answered below. The full record of the webinar can be found here. Question: What if your broker does not supply the information in GBP? Answer: Your broker will supply information in a fiat currency. If it does not supply information in...Read More
Manchester United FC, also known as Man City, one of the top British football teams, announced a partnership with an online gaming startup Superbloke in order to tokenize its players. On Monday, Man City announced its new partnership with an online gaming startup called Superbloke. It is an online football game based in South Korea....Read More
While the U.S.-China trade war has been a cause of pain for stock market investors, it has been a boon for bitcoin, per a new study. According to trading platform eToro, the number of bitcoin positions opened at key moments of the Sino-U.S. trade tensions this year outpaced those of gold positions entered during the...Read More
Bitcoin has quite evidently dominated the ecosystem since the time of its origin. Bitcoin’s dominance and popularity in the financial world have quite often resulted in the community debating about altcoins. Several times strong correlations between the two have been witnessed. However, in a recent discussion by CNBC, early Bitcoin investor Charlie Shrem was asked if...Read More
Bitcoin’s raison d’etre has often been questioned as some consider it a peer-to-peer currency while others look at it as a store of value. The list did not end there as the community now debates if Bitcoin is currently a “safe haven” or a hedge. Bitcoin’s role as a hedge against the potential financial crisis...Read More
A Florida federal judge has denied self-proclaimed Bitcoin inventor Craig Wright’s motion to dismiss a lawsuit concerning the alleged theft of a huge amount in Bitcoins from a former business partner, Dave Kleiman. According to a court filing from August 15, Florida judge denied a request made by Craig Wright to scamper a lawsuit filed...Read More
Broadens range of assets available on their secure, regulated exchange. eToroX, the blockchain division of global investment company eToro, has today announced the addition of two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX), two further fiat-stablecoins – eToro Ruble (RUBX) and eToro Yuan (CNYX) – plus 15 fiat pairs to its crypto exchange....Read More
