Category: eToro

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‘When alt season?’ eToro may have some answers

In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. Investors who knew when to swap Bitcoin (BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social trading platform. The challenge, of course,…
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More institutions will warm up to crypto once market cap hits $2T: eToro

“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.” A new report from advisory firm Aite Group, that was commissioned by exchange platform eToro, reveals there are still barriers hindering institutional adoption of crypto. Based on interviews with 25 institutional market…
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EToro warns users it’s running out of crypto to trade due to ‘unprecedented demand’

Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today. “The unprecedented demand for crypto, coupled with limited…
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US exchanges are suspending or delisting XRP left and right

Binance.US and eToro are the latest exchanges to discontinue XRP trading in America as Ripple faces the SEC’s enforcement hammer. Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the United States. Announcing the news on Thursday, eToro revealed that…
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Crypto-friendly trading firm eToro rumored to be prepping for 2021 IPO

eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange’s “Elite” program to prepare for an initial public offering. “EToro does not comment on…
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Global search volume for Bitcoin appears higher than in 2017

Monthly global searches for Bitcoin are reportedly 350% higher than in late 2017. According to data collected by Brad Michelson, a senior marketing manager at major trading and investment platform eToro, monthly global volume for Bitcoin searches in December 2017 bull run was lower than in November 2020. Citing data from SEO data provider SEMrush,…
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Rep claims his firm was 8 years ahead of its time on DeFi

Timing is crucial. DeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro. “I think that DeFi is super interesting,” Assia said on Oct. 6 during a panel on crypto exchanges and venture investments, as part of the LA Blockchain Summit. “We actually built a decentralized…
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Trading platform eToro launches staking-as-a-service feature

Users automatically receive rewards on some of their crypto positions. The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX). Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly.…
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eToro, BlockFi & Nexo capitalize on Brave ads for ‘unmatched engagement’

What do eToro, Nexo, BlockFi have in common with underwear? According to Brave browser, businesses like eToro, BlockFi, and Nexo have achieved unprecedented results by advertising to the platform’s users. Considering the popularity of Brave within the crypto community, this does not come as a surprise. For instance, the crypto-lending platform BlockFi was able to reduce…
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Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK

EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member. The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership. As reported by TechCrunch on July…
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