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Crypto Traders See Over $100M in Liquidation Losses Amid Middle East Turmoil
CoinGlass data shows crypto traders suffered over $100 million of losses from liquidations following the unprecedented Hamas attack on Israel. First Mover host Lawrence Lewitinn and CoinDesk's chief content officer Michael J. Casey discuss what is happening in the crypto markets.
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.
Israel-Hamas Conflict Underscores Importance of Crypto Donation Models: Endaoment CEO
On-chain charitable funding platform Endaoment is putting together a community fund for humanitarian aid organizations, following the unprecedented Hamas attacks on Israel. Endaoment President and CEO Robert Heeger discusses the future of charitable giving, along with launching stock and cash donations for crypto and non-crypto donors.
eToro Expands US Offerings to Include Stocks, ETFs
eToro is increasing its U.S. investment offerings to include stocks and ETFs. The Israel-based financial services firm also expects to go public through a SPAC merger with Fintech Acquisition Corp. V in June. Guy Hirsch, managing director of eToro USA, shares insights into the expansion and forthcoming IPO. Plus, crypto market predictions for 2022.
eToro’s Crypto Trading Commissions Soar to $264M in Q2
Israeli-based exchange eToro said its commissions from crypto trading increased by nearly 23 times in the second quarter, compared with last year's same period. This comes as it readies going public via a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V., which values the combined company at $10.4 billion. CEO Yoni Assia shares insights into the trading platform's earnings, growth, and plans.
eToro U.S. Chief on Expanding U.S. Hub to Miami; State of Crypto in Israel
Israeli-based exchange eToro plans to expand its U.S. hub in Hoboken, NJ, and build an additional branch in Miami, FL. eToro U.S. Managing Director Guy Hirsch joins "First Mover" to discuss what's in store. Plus, his main takeaways from the Bitcoin 2021 conference, how eToro is combatting the ransomware problem and the state of crypto in Israel.
Palestinian Militant Group Hamas Sees Increase in Crypto Donations Since Start of Conflict With Israel Last Month
The Palestinian militant group Hamas has seen a surge in cryptocurrency donations since the start of the escalating conflict in besieged Gaza. “The Hash” team explores bitcoin as a tool for freedom, and its role in the global financial system.
