eToro, a trading platform that's been expanding into cryptocurrency, has set its IPO price at $52 per share. This move comes as the company gauges investor interest in new market offerings. The company, based in Israel, managed to raise close to $310 million by selling nearly 6 million shares. This deal values the business at approximately $4. 2 billion. Initially, ...
The world of cryptocurrency is full of surprises. It is also full of shady deals. One of the most recent examples is the Melania coin. It is a token named after the former First Lady of the United States. It was launched on January 19. A few minutes before the public announcement, some traders made a fortune. They bought large amounts of the token just before it...
Robinhood, a popular trading platform, has become a major player in the crypto world, especially with meme coins like Dogecoin. In the past year, Dogecoin's value has skyrocketed by 220%, making it the 8th most valuable crypto. Robinhood's users own a huge chunk of Dogecoin, around 24% of all circulating coins. Robinhood's crypto trading has been a big money-maker. ...
In the days leading up to his inauguration, Donald Trump's family saw a significant boost in their wealth. Their new cryptocurrency tokens, often referred to as memecoins, hit a value of over $10 billion. This sudden rise happened just before Trump took office. On Monday, the popular trading platform Robinhood started offering the $TRUMP coin to its customers. This i...
If you thought only a few members of Congress are dipping their toes into the cryptocurrency market, think again. In recent months, some lawmakers have been quietly buying and selling digital assets. This raises a big question: should members of Congress trade cryptocurrencies when they might be involved in regulating them? Picture this: a few weeks after Donald Tru...
Ever thought about diving into the world of meme coins but found it too complicated? Well, a new app called Neverless wants to change that. Founded by three former Revolut executives, this startup is on a mission to make crypto trading simpler and more accessible. Phuc To, who led Revolut's crypto project, teamed up with Mikael Peydayesh and Arthur Johanet to create ...
Lately, bitcoin prices have been soaring, reaching over $68, 000. This rise is partly due to former President Trump's newfound support for cryptocurrency and Vice President Harris' recognition of digital asset regulations. Meanwhile, Trump Media's stock price jumped by over 15% in a single day, adding to its already volatile trend. What's interesting is that traders ...
The Securities and Exchange Commission (SEC) has brought a major case against crypto trader NovaTech and its leadership, alleging a fraudulent scheme that duped over 200,000 investors out of $650 million. But what's striking about this case is not just the sheer scale of the scam, but the way it targeted vulnerable communities, including the Haitian-American populati...
In a move that's sending shockwaves through the cryptocurrency landscape, trading platform eToro has agreed to pay a whopping $1.5 million fine and restrict U.S. customers to trading only a select few digital assets to settle allegations brought by the Securities and Exchange Commission (SEC). But what does this mean for the future of crypto trading in the United Sta...