eToro
Coverage of eToro in the Nexus archive.
- eToro leads $12.5 million round in onchain perps exchange Extended
eToro has led a $12.5 million investment round in the on-chain perps exchange Extended. The partnership aims to expand access to global financial markets using next-generation on-chain infrastructure.
- EToro invests in onchain derivatives platform Extended as brokers race into DeFi
eToro has invested in the onchain derivatives platform Extended, as brokers increasingly move into the DeFi space.
- EToro reiterates commitment to crypto despite falling activity in Q1
eToro reaffirms its commitment to cryptocurrency despite a decline in activity during the first quarter. The company remains dedicated to its crypto offerings. eToro's stance is unchanged amid market fluctuations.
- EToro profits rise as commodities boom offsets crypto trading slump
EToro posted a strong quarter with net income up 37% to $82 million, despite a 32% drop in crypto trade volumes in April, driven by a boom in commodities. The company's profits rose significantly, but crypto trading slump had a negative impact. EToro's overall performance was positive due to the offset from commodities.
- eToro Q1 crypto revenue drops to $2.15 billion from last year’s $3.5 billion
eToro's crypto revenue dropped to $2.15 billion from last year's $3.5 billion due to cooled trading activity. This substantial decrease indicates a significant change in the company's financial performance. The drop in revenue may have implications for eToro's future growth and investment strategies.
- What 3 years of paying for copy trading and signals actually got me mostly nothing
The author lost around €800 over three years using paid copy trading and signal services, including Telegram signals, eToro popular investors, and a 3commas subscription. They found that these services were not profitable, with some using misleading tactics to inflate their returns. The author now uses Bybits native copy trading without paying a subscription.