In The News

Aug 29,2018 BY Rachel McIntosh
Last week, Finance Magnates reported on social trading and investing platform eToro’s historic partnership with seven Premier League football teams. The sponsorship agreement is not only significant because of its size (an estimated £4-5 million), but also because of the fact that the teams will all be paid in Bitcoin. More specifically, eToro has partnered with #5 team Tottenham Hotspur, as well as Brighton & Hove Albion, Cardiff City, Crystal Palace, Leicester City, Newcastle United, and Southampton.
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Aug 28,2018 BY Guy Hirsch
For years, cross-border payment processes have been a functional, yet flawed, aspect of global commerce. In fact, while globalization has strengthened interconnectivity worldwide, actions as simple as currency exchanges or wire transfers are still considered to be a costly and time-intensive undertaking. To put it simply: As the general public becomes frustrated with the status quo, traditional cross-border payments will soon be a thing of a past. In preparing for the road ahead, international corporations have begun experimenting with advancements in cryptocurrency in an effort to bring the immutability and efficiency of blockchain technology to the forefront of the global commercial ecosystem.
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Aug 16,2018 BY Victor Golovtchenko
eToro has just announced the on-boarding of a new resident cybersecurity expert. His name is Buky Carmelli, and he’s an ex-officer in the Israeli Defence Forces’ elite tech units. With over 30 years of experience in leading large research and technological development teams, the new addition to eToro’s team comes at a critical time for the firm.
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Aug 02,2018 BY Cryptovest
The eToro trading platform has issued a favorable market report on Litecoin (LTC), seeing long-term promise in the asset it refers to as “digital silver.” Based on its research, eToro anticipates a great upside potential for LTC as the current prices may not be reflecting the network’s true value.
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Jul 24,2018 BY Charles Bovaird
Bitcoin prices continued to gain late this morning, pushing higher after breaking through the key $8,000 level. The world's largest digital currency has enjoyed this continued rally as it benefits from a return of positive sentiment, said analyst Charles Hayter. The cryptocurrency market's inner bull has returned, said Hayter, co-founder and CEO of digital currency data platform CryptoCompare.
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Jul 24,2018 BY Kate Rooney
Bitcoin shook off a bearish two months after rising above $8,000 Tuesday but based on past behavior, another pullback could be coming, according to technical analysts that cover cryptocurrency. “Given that it has trended down so sharply since May, I wouldn’t want to get too greedy,” said Newton Advisor founder and analyst Mark Newton. “Looking at cycles near term, this doesn't mean it will go back to its highs right away."
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Jul 16,2018 BY Ryan Browne | Fred Imbert
Bitcoin continued to edge higher on Tuesday, extending gains made on the previous day on news that asset-management giant BlackRock has set up a working group to look into cryptocurrencies and blockchain, the technology that underpins them. The world’s most valuable virtual currency by market value was trading higher by more than 5 percent compared to where prices were on Monday, at around $6,720.84 as of 10:32 a.m. HK/SIN, according to industry website CoinDesk, which tracks prices from several exchanges.
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Jul 10,2018 BY Helen Partz
A new study has found that cryptocurrencies like Bitcoin (BTC) have the potential to become a mainstream means of payment and already meet one of the three main criteria of money, according to an eToro press release July 9. The study mentioned in the press release was a joint effort by Imperial College and U.K. trading platform eToro. The report dubbed “Cryptocurrencies: Overcoming Barriers to Trust and Adoption,” written by professor William Knottenbelt from Imperial College London and Dr. Zeynep Gurguc from Imperial College Business School, states that cryptocurrencies are the “natural next step” for money and can become a mainstream payment instrument “within the decade.”
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Jun 28,2018 BY Cryptovest
Crypto markets are not promising guaranteed returns, but trading may be as strong as ever. Cryptovest reached out to eToro for an exclusive Q&A session, with an encouraging message for the opportunities of crypto trading. Q. How do you select crypto assets for eToro? what are the features that help you estimate whether a rather novel asset, like Cardano, would be a good fit?
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May 16,2018 BY Camila Russo
Cryptocurrency trading platform eToro plans to open its doors to U.S. investors. U.S. users can join the waiting list for the Tel Aviv-based platform and the service will be rolled out in the second-half of this year, eToro Chief Executive Officer and co-founder Yoni Assia said in an interview Tuesday. The platform will initially offer 10 tokens -- Bitcoin, Ethereum, Litecoin, Ripple XRP, Dash, Bitcoin Cash, Stellar, Ethereum Classic, NEO and EOS -- that can be traded for each other or for dollars. The primary focus will be individual investors, Assia said. eToro has more than 10 million users in Europe, Asia and the Middle East, and raised more than $162 million in capital funding, according to an emailed statement.
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