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The post EToro beats expectations as net income jumps 37% in first quarter appeared on BitcoinEthereumNews.com. EToro delivered a record quarterly performance in the first quarter of 2026 as strong commodities trading and expanding product offerings fueled growth across the platform. The company reported net contribution of $258 million, a 19% increase from the prior year, while net income rose 37% to $82 million. Adjusted EBITDA climbed 35% to $109 million, supported by increased trading activity and customer engagement. Funded accounts exceeded 4 million, up 12% year over year, and assets under administration grew to $17 billion. EToro also reported holding $1.3 billion in cash, cash equivalents, and short-term investments at the end of March. Product launches accelerate across AI and trading CEO Yoni Assia said the quarter combined strong financial execution with accelerated innovation across AI, trading, crypto, and wealth management products. The company launched 24/7 trading for
Read full articleConnex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Connex, a Web3 professional networking platform that uses its native token for payments, governance and credential verification, executed the unlock on a preset…
EToro's revenue drop highlights the need for diversification beyond crypto, as market-wide trading cools and challenges sustained growth. The post EToro Q1 crypto revenue falls to $2.1B from $3.5B as trading activity cools appeared first on Crypto Briefing.
Compare IronWallet, MetaMask, and Exodus on privacy, chain coverage, gasless stablecoin transfers, fees, and platform fit in this 2026 non-custodial wallet review.
Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]
The post eToro founder timed Bitcoin top perfectly due to belief in 4 year cycles appeared on BitcoinEthereumNews.com. eToro co-founder Yoni Assia timed the top of Bitcoin almost perfectly because he didn’t buy the growing narrative that Bitcoin’s four-year cycle was dead. “I hate to sell Bitcoin, but I sold a bit on the 6th of October, I think, at $126,000. I then bought at $110, at $105, at $100,” Assia tells Cointelegraph at Paris Blockchain Week. Just a day before Assia sold off some Bitcoin, the asset reached a new all-time high of $126,100 on Oct. 5, only to be followed by a $19 billion liquidation event on Oct. 10 that triggered a broader crypto market downturn. The market has yet to fully recover from the brutal liquidation event, with Bitcoin falling to around $60,000 in early February before recovering to around $77,700 at the time of publication. Bitcoin’s October all-time high timing aligned with previous four-year cycle peaks, while price action so far in 2026 has echoed
The post Snap’s Q1 Makes Its AR Glasses Bet Harder To Ignore appeared on BitcoinEthereumNews.com. Concept of augmented reality technology being used in futuristic smart tech glasses getty Snap’s first-quarter results gave investors something they have not always had from the company: evidence of operating discipline. Revenue rose 12% year-on-year to $1.53 billion. Daily active users returned to growth, reaching 483 million. Adjusted EBITDA more than doubled to $233 million, while free cash flow climbed to $286 million. Net loss narrowed to $89 million. On the surface, this was a cleaner Snap story: stronger engagement, better margins and a more credible path toward sustained cash generation. But the more important strategic question sits outside the quarter. Snap is still asking investors to believe in Specs, its augmented reality glasses that are a bid to compete with Meta, Apple and Google for the next consumer computing surface. Evan Spiegel used the results to reaffirm Snap’s commi
With a 37% year-over-year increase in net income to $82 million, EToro was able to weather a dip in cryptocurrency activity thanks to a spike in commodities trading. On Tuesday, the business said that its net income increased 37% year-over-year to $82 million, up from $60 million in the first
The post tZERO Aptos tokenization: Aptos is now a supported issuance and execution layer appeared on BitcoinEthereumNews.com. A new piece of the institutional tokenization race has clicked into place: tZERO Aptos tokenization is now part of the pitch to issuers that want blockchain-based assets without giving up compliance controls. tZERO Group has partnered with Aptos Foundation so issuers can launch tokenized assets on the Aptos blockchain through tZERO’s tokenization platform. That move does more than add another chain option. It brings Aptos into tZERO’s tokenization infrastructure as a supported blockchain network, giving firms another route for deploying institutional tokenized assets while fitting their own compliance and operational requirements. For a market that has spent years talking about real-world assets and regulated on-chain finance, this is the kind of integration that matters. It is not just about minting tokens. It is about the full plumbing around issuance, identit
