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Tag Archives: etoro

Trusted Third Parties Should Issue Stablecoins, Not Facebook

Place/Date: - November 29th, 2019 at 10:09 am UTC · 5 min read Contact: eToro, Source: eToro Photo: eToroIf Facebook’s Libra project is to succeed it should use stablecoins issued by regulated third parties rather than create its own cryptoassets – that’s the conclusion of a new position paper published by eToro.Libra has come under fire from politicians and regulators in the US, UK and Europe, who are worried by parent company Facebook’s scale and power, as well as its previous track...

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Not-For-Profit GoodDollar Secures Funding For 2020 As UBI Project Celebrates First Birthday

Place/Date: - November 28th, 2019 at 1:14 pm UTC · 4 min read Contact: eToro, Source: eToro The concept is that all members on the platform claim cryptocurrency – GoodDollars (G$) – every day, helping to build greater financial stability and empower the poor, lifting them out of poverty. Once launched, GoodDollar hopes to create new trade, new marketplaces, new entrepreneurs, new jobs, new economic growth, and new business for everyone.Yoni Assia, Chief Executive of multi-asset...

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eToroX Adds Dash, USDC, USDT And 5 New Stablecoins

eToroX, the blockchain subsidiary of global investment platform eToro, has added five new fiat stablecoins, a new cryptoasset, two further established stablecoins and a crypto-commodity pair, signalling its rapid growth, having only launched only six months ago. There are now 26 tradable assets available on the exchange.The new assets announced today are:Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX), Hong Kong Dollar (HKDX), and Singapore Dollar (SGDX)Peer-to-peer...

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Match Going Premier League Fans Will Spend £1.3BN to Support Their Club This Season, Up 31% Since 2014/15

Premier League match-going fans will have to shell out £1.3 billion this season to follow their teams – as increases in the price of home tickets, TV subscriptions and merchandise hit their wallets.The eToro Fan Financial Statement, research carried out by multi-asset investment platform eToro in association with KPMG Football Benchmark, provides a comprehensive study into the financial commitment UK football fans make to support their Premier League clubs and which clubs offer the best...

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eToro Hires Alec Baldwin as the Face of Its New CopyTrading Product for U.S. Customers

eToro, one of the world’s most popular trade and investment platforms, has unveiled a new feature that is now available to customers in the U.S. and is called CopyTrading. The new feature was created to make trade and investment decisions very easy or even completely remove the need to make them. CopyTrading allows eToro’s customers to mimic investments moves made by some of the most popular and most trusted traders with this mimicry done automatically without any active moves from the...

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eToro Launches CopyTrader for U.S. Users

eToro, the global trading platform, announced the launch of its CopyTrader in the U.S., which allows traders to set their account to automatically copy all the trades of top-performing crypto asset investors on the eToro platform.eToro users can access the Copy Traders tab in the app to select from a suite of Popular Investors available for copying. The pool of eligible traders includes crypto influencers like Nicholas Merten, the host of the DataDash YouTube channel, and #11 Ranked...

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eToro Taps Alec Baldwin to Pitch US CopyTrading for Crypto, Stocks

eToro, the global social investing platform, just launched its innovative “CopyTrading” feature for U.S. users. It will allow the app’s 11 million accounts to automatically copy the moves of top securities traders. They’ll win – or lose – the same percentage of their investment. It’s like following someone on social media but with money. eToro Director of Finance and Operations Hassan Ahmed revealed on Twitter that CopyTrader has made its way to the U.S. Ever the innovative fintech...

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eToro Unveils New Crypto Portfolio Based on the Algorithm of Twitter Mentions

Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...

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‘Crypto Twitter Sentiment’ Algo Claims 281% Returns After Reading Bitcoin Tweets

Brokerage firm eToro has brought a new tool to the market that’s supposed to help investors crack the code of investing in cryptocurrencies such as bitcoin – crypto Twitter. In a recent blog, eToro announced that it is partnering with cryptocurrency information service provider TIE, which uses algorithms based on crowd-driven sentiment to develop trading strategies. Twitter can help you make money in bitcoin and crypto The brokerage firm points out that TheTIE-LongOnly CopyPortfolio will...

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eToro Launches Sentiment-Based Portfolio for Crypto Investors

Photo: eToroeToro, the leading global investment platform, announces the launch of TheTIE-LongOnly CopyPortfolio, offering users access to a sentiment-based, AIgo-driven investment strategy from The TIE, a cryptocurrency data analytics platform trusted by some of the largest traditional quantitative hedge funds as well as crypto-specific funds.Guy Hirsch, US Managing Director of eToro, said:“In traditional markets, retail investors have historically lagged behind the ‘smart money’ when it...

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