The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership. As reported by TechCrunch on July 29, eToro “acqui-hired” Marq Millions Ltd., a U.K.-based e-money provider for an undisclosed sum. The company will now be doing business as eToro Money and will be the direct issuer of eToro’s planned debit card. Marq Millions’ management team will stay on in the eToro Money division. The debit cards, whose launch date is still unknown, will initially be available to eToro Club …

There’s a palpable buzz in crypto markets right now. Copy trading is gaining momentum, as it allows investors to emulate the moves of experienced traders. We spoke to Jay Smith, a popular trader on the eToro platform who is otherwise known as Jaynemesis, as well as to Kevin Stanely, the host of the podcast CRYPTO 101. Here, they tell us more about how this feature works, share their predictions for Bitcoin and reveal which altcoins they believe are being badly overlooked right now. 1. Why would an established trader want someone to copy their moves? What’s in it for them? …

An eventful week for Bitcoin this week. It ended down nearly 5 percent but at one point, things were looking much worse. A collapse to $8,900 sparked talk of a three-month correction—which could be exacerbated by the expiration of more than 100,000 Bitcoin options next Friday. So far at least, the correction appears to have largely corrected itself but that might be because of the turmoil in the stock markets. Yoni Assia, CEO of eToro, predicts a market crash in three weeks. Bitcoin is currently outperforming the market and acting as a safe haven. The week has been eventful away …

Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work, the reality of a basic income has come to fruition, as it has been reported that the number of people unemployed in the United States has reached 36 million — a number comparable to the Great Depression. Yet as the U.S. federal government attempts to distribute a one-time stimulus payment to American citizens, it has become clear that many issues …

A trading platform says it gives those new to cryptocurrency an opportunity to gain diversified exposure to the market with ease. The company, eToro, says there is a huge buzz surrounding cryptocurrencies, but many consumers are unsure whether they should get involved — or indeed, how to. The platform says it offers a simple, smart solution easy onboarding. All new users need to do is sign up and verify their account. According to eToro, its goal is to open up the crypto markets — and provide access to major currencies such as Bitcoin and Ether — without requiring new users …

EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX) and Hong Kong Dollar (HKDX) alongside U.S. dollar-backed tokens USDC and Tether (USDT). The addition brings the number of assets tradeable on the cryptocurrency exchange up to 26. Doron Rosenblum, managing director at eToroX, commented: “We see the addition of USDC and USDT as a way for eToroX to …

Trading and investment platform eToro has acquired the cryptocurrency portfolio app Delta — an app that tracks 6,000 different cryptocurrencies and tokens on 180 exchanges. According to a press release on Nov. 6, eToro acquired Delta for an undisclosed amount, however, Israeli tech publication CTech reports that the deal was worth approximately $5 million. Doron Rosenblum, the managing director of eToroX — eToro’s blockchain subsidiary — said that they would integrate Delta with the eToroX platform, which would enable users to trade from within the app. The blockchain subsidiary will also expand Delta’s supported assets beyond cryptocurrencies. EToro created eToroX …