eToro settles with SEC, to cease most crypto trading activity

eToro has agreed to cease most of its crypto trading activities after settling with the SEC. the company will pay a fine of $1.5 million and delist all coins except Bitcoin, Ethereum and Bitcoin Cash. eToro will end most of its crypto trading activities following the company’s settlement with the US Securities and Exchange Commission. […]

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eToro US to cease nearly all crypto trading following SEC settlement

The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.

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Is Now a Good Time to Invest in Cryptos?

Is it a good time to invest in cryptos? I will give you 5 good reasons why you should consider investing in cryptos now. The last one is the most important. 1. Bitcoin Halving This year, in May, we had the Bitcoin halving. It’s an event that happens every 4 years, which cuts the number [...]

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July 2024 eToro Portfolio Update (PassionForProfit)

Hello copiers, followers and etorians! This is the monthly update on my investment portfolio: July 2024: +1.22% YTD: +28.37% 2023: +11.34% Last 12 months: +44.94% Risk score: 6 (medium) Currently, 25 people are copying my trades (+10 compared to last month) In July, my portfolio closed the month with another positive performance. It outperformed the [...]

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The Importance of Mindset in Trading: Navigating Market Downturns

Trading is often seen as a game of numbers, charts, and strategies. I emphasize that success in trading is heavily influenced by the mindset, I believe that trading is 80% mindset and only 20% strategy and analysis. This principle aligns well with the Pareto Principle, also known as the 80-20 rule, which states that 80% [...]

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Biggest Performance Difference Ever: NASDAQ and Russell 2000 Divergence

In an unprecedented shift in market dynamics, the tech-heavy NASDAQ Composite and the small-cap Russell 2000 have experienced the largest performance gap on record, a divergence spanning three decades. This disparity is largely influenced by the political landscape and the recent economic trends. Political Winds Favor Small Businesses The election of Donald Trump and the [...]

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When Will the Next Altcoin Season Start?

As the cryptocurrency market continues to evolve, many enthusiasts and investors are eagerly anticipating the onset of the next “altcoin season“. This term refers to a period when alternative cryptocurrencies (altcoins) experience significant price increases, often outpacing the growth of Bitcoin. But when can we expect this thrilling phase to begin? What is Altcoin Season? [...]

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June 2024 eToro Portfolio Update (vincenzost)

Popular Investor Statistics I am a Champion Popular Investor on eToro, eagerly awaiting an upgrade to Elite status as I approach the required minimum AUC. My username is vincenzost, and currently, about 190 people are investing in my portfolio. I am managing approximately $280,000, and my portfolio has a risk score of 6. Over the [...]

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June 2024 eToro Portfolio Update (PassionForProfit)

Hello, copiers, followers and etorians! This is the monthly update on my investment portfolio: June  2024: +6.18% YTD: +26.82% 2023: +11.34% Last 12 months: +48.78% The risk score is 6 Currently, 15 people are copying my trades In June, my portfolio closed the month with another positive performance. It outperformed the main US big indexes such [...]

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May 2024 eToro Portfolio Update (vincenzost)

Popular Investor Statistics I am a Champion Popular Investor at eToro, waiting to be upgraded again to Elite very soon, once I reach the minimum amount of AUC. My username is vincenzost. Currently, about 200 people are investing in my portfolio. I am managing around $320,000. The risk score of my portfolio is 6. In [...]

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May 2024 eToro Portfolio Update (PassionForProfit)

Hello, copiers, followers and etorians! This is the monthly update on my investment portfolio: May  2024: +10.57% YTD: +25.61% 2023: +11.34% The risk score is 6 Currently, 13 people are copying my trades In May, my portfolio closed the month with a double-digit positive performance, it has outperformed the main US big indexes such as the [...]

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Amazon launches discounted Direct-from-China section to compete with Temu and Shein

Amazon plans to counter growing competition from Temu and Shein by launching a new section on its app that offers discounted items shipped directly from China. This initiative, detailed in a presentation to top Chinese sellers, aims to deliver low-cost goods to American customers within nine to eleven days. By incorporating this section on its [...]

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Microsoft and Apple could be fined 10% of their annual revenue by the EU

The European Union has accused Microsoft of antitrust violations related to bundling the video conferencing app Teams within its Office suite. These allegations mark the first such charges against Microsoft in over a decade. The case raises questions about whether the company gained an undue advantage by integrating Teams into its popular productivity software. The [...]

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Diverging Fortunes: Nvidia Propels S&P 500 While Smaller Companies Struggle

The S&P 500 is soaring to new heights, largely propelled by one company: Nvidia. In contrast, smaller and less prominent companies are struggling, with their values significantly below previous highs. The Russell 2000 index, representing smaller companies, has dropped 17% from its peak in November 2021 and has shown no progress this year. Within the [...]

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eToro Launches IPO Roadshow for Nasdaq Listing

eToro Group Ltd (eToro), a leading global social investment network, has announced the launch of its initial public offering (IPO) roadshow.

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How to buy Ether (ETH) on eToro

Heres the step-by-step process of purchasing ETH on eToro and exploring the platforms user-friendly interface and seamless transaction procedures.

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eToro Named Best Trading Platform in the UAE by Forbes Advisor

As the #1 trading platform in the country, eToro offers a range of features that make it an attractive option for both beginners and experienced traders.

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eToro IPO Surpasses Expectations, Prices at $52 Per Share

eToro, the Israeli trading platform, has launched its initial public offering (IPO) at $52 per share, which is above its earlier price range. The company collected about $620 million, and its shares are now traded on the Nasdaq under the ticker “ETOR.” This is a major milestone for the IPO market, showing increased investor confidence […]

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Duolingos Generative AI Boosts Revenue and Subscriber Growth

Duolingo, the language-learning app, is reaping the benefits of its investment in artificial intelligence (AI). In the first quarter, the company saw a remarkable 54% surge in paid subscribers, reaching 7.4 million. Additionally, first-quarter revenue increased by 45% to $167.6 million. Generative AI has played a pivotal role in this success. It has accelerated subscription [...]

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eToros Exciting Announcement: US IPO Filing for Trading Platform

eToro, a popular trading platform, has officially submitted paperwork for its initial public offering (IPO) in the United States. This move signifies a major step for the company as it looks to solidify its position in the market and expand its reach to a wider audience of investors. The IPO filing was made public, revealing [...]

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