Cryptocurrency Analysis and News Portal
In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tro (TRX) for United Stat customers by the end of the year.After Dec. 31, U.S. users will no longer be able to open new positions in the tokens nor stake ADA and
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yoni Assia, the co-founder and CEO of eToro.Yoni Assia is the co-founder and CEO
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Trading platform eToro has launched a new portfolio offering exposure to decentralized finance (DeFi) through a package of crypto assets.The platform’s DeFi portfolio is made up of 11 DeFi assets: ether, uniswap, chainlink, aave, compound, yearn.finance, decentraland, polygon, algorand, basic Attention token and maker.Over a third of the portfolio is
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“We have been working closely with the [U.S. Securities and Exchange Commission] since before we publicly announced the transaction and continue to do so,” eToro said. “We are in the final stages of comments from the SEC. Once we have final approval, the transaction goes to a vote with the
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Cryptocurrency investment platform eToro has committed $1 million to the GoodDollar universal basic income protocol, supporting the nonprofit’s effort to bridge the global wealth gap through DeFi and smart contract technology. The additional capital will aid GoodDollar in expanding its protocol and introducing more recipients to cryptocurrency, eToro announced Wednesday. The
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Crypto grew to represent 73% of trading commissions on popular retail trading app eToro in the second quarter. eToro announced its Q2 results on Aug. 25, with the firm posting $362 million worth of total trading commissions and reporting its assets under administration had reached $9.4 billion. In an investor
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Crypto-friendly trading platform eToro appears to be making firm moves toward achieving its goal of going public in the United States.According to a press release issued on Tuesday, eToro is in talks with FinTech Acquisition Corp V — a special-purpose acquisition company, or SPAC, owned by veteran Philadelphia banker Betsy
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Exchange platform eToro is coming off a stellar year of growth, as novice traders seek new pathways into the financial markets, including cryptocurrency. The online brokerage firm ended 2020 with gross revenue of $600 million, with total trading volume surging 40% to $1.5 trillion. Describing his firm as a technology company
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Some of the largest and most risk-averse asset managers, including the likes of pension funds and endowments, are finally waking to crypto as an asset class, according to research released Thursday by trading platform eToro.The eToro-commissioned market research, which quizzed 25 big institutions about investing in crypto, comes on the
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Cryptocurrencies have been consistently outperforming themselves in recent days, turning into one of the hottest asset classes out there in the global financial market. Their performance has ensured complete attention from traders and investors who are now actively looking for ways to further diversify their portfolios with cryptocurrencies. The trend
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