Archive | eToro

Crypto Becomes Proper Alternative to Cash in Struggling Economies

The use of crypto donations by a Venezuelan citizen has shown cryptocurrencies are better than some fiat currencies even though they have been dismissed as too volatile. These donations also highlight the changing perception of crypto away from its murky past on the dark net. Crypto Helps Citizens Affected by Hyper-Inflation The NANO community has… […]

eToro Executive: Crypto Correction in 2018 is a Blessing in Disguise, Bull Market Expected

The UK head of eToro has revealed how many crypto assets the social trading platform is looking to add and criticized reporting on blockchain technology by mainstream media. In an interview with NewsBTC, he said that the recent bear market has been a ‘blessing in disguise’ for crypto companies. eToro Considers Six New Coins UK… […]

Trading Giant eToro to Launch Crypto Exchange, Competing Against Major Platforms

Social trading network eToro will release their crypto wallet by next month ahead of their exchange launch set for Q4 2018. In an interview with NewsBTC, the Managing Director said they have had a lot of interest from family offices regarding their new crypto trading desk. eToro: U.S. is a “Phenomenal Market” The Managing Director… […]

UK Companies’ Crypto Security Improving but Government Needs to Do More

CryptoUK, a self-regulatory trade association for the UK cryptocurrency industry, has said that UK companies are improving at security to protect customers from cryptocurrency hacks, but that the government must be more decisive in creating sensible regulations. This view was expressed by Iqbal Gandham, chairman of CryptoUK, as reported by New Zealand news portal Stuff. […]

Investor: Selling Cryptocurrency in 2018 is Like Selling Apple in 2001

Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a rare buying opportunity for newcomers. […]

Who are the Crypto Investors?

Investment in cryptocurrencies has grown exponentially over the past few years. eToro takes a look at the people behind these figures to see who is investing in these online currencies. Looking at data from March 2017 – February 2018, we analysed the profiles of those investing in cryptocurrencies, from age to gender to job sector. This… […]

Bitcoin Cash Price Drops Below $1,000 as Community Questions its Authenticity, Expert Claims

As was to be expected from yesterday’s bearish momentum, the Bitcoin Cash price has effectively dropped below $1,000. That in itself is not really surprising, given the ongoing declines in the Bitcoin world. Even so, it remains to be seen how long this dip will last. eToro UK Managing Director Iqbal Gandham certainly has some […]

Survey: Most Cryptocurrency Traders are Young with Little Experience

Social trading platform eToro has analyzed the profiles of its users who invested in cryptocurrencies between March 2017 and February 2018. The report reveals that Ripple (XRP) is the most traded digital currency on eToro’s marketplace. eToro Reveals Popularity of Crypto-Investment By Age, Gender, And Job Sector Global trading and investment platform eToro has reported… […]

Why Invest in Litecoin?

Litecoin has been in the list of top-10 cryptocurrencies by market capitalisation pretty much since it began trading in the spring of 2013. Created by Charlie Lee – then a Google software engineer – it set out to improve upon the original crypto, Bitcoin. By tweaking Bitcoin’s open-source code, Mr. Lee was able to launch… […]

Digital US Dollar Launched by Goldman Sachs-Backed Startup

A new cryptocurrency by fintech startup Circle, a company backed by Wall Street giant Goldman Sachs, is aiming to be a digital version of the US dollar, writes the Independent. Circle has announced that the new USD Coin will be free from volatility issues due to it being pegged to US dollar, offering it a […]

3 Things that Drive Crypto Traders Crazy

The world of crypto trading is extremely exciting and those who are able to do it well are seeing far greater returns than any stock market day trader has been able to accomplish in the past. That is because this new and innovative industry has hit the open market very suddenly and allowed virtually anyone… […]

What Is EOS? Here’s What You Should Know Before Investing

The cryptocurrency and blockchain revolution are no longer just buzzwords. They are real world phenomena that have impacted the global economy and have the potential to generate great changes in both the high tech and financial industries. Joining the crypto space mid-2017, EOS.IO, developed by Hong Kong based company block.one, is a fine example of… […]

Bitcoin Price Set to Overtake All Time High Says Senior Analyst

A senior analyst at leading social trading network eToro has announced that he sees Bitcoin overtaking its all-time high of $20,000 with “absolute certainty” Mati Greenspan, who is also a well-known bitcoin expert, told the UK’s Sunday Express that bitcoin’s January retracement was “a temporary swerve” and feels certain the trend will now be upward […]