eToro plans $10.4 billion SPAC deal, indicating mainstream adoption of digital assets

From Google: 2024-09-20 17:15:16

The global cryptocurrency market is experiencing a seismic shift as eToro announces plans to go public in a $10.4 billion SPAC deal. With 20 million registered users and $605 million in revenue, eToro’s move signals increasing mainstream adoption of digital assets. Investors are watching closely for opportunities in this evolving landscape.

In other news, Tesla is under scrutiny for a fatal crash involving its autopilot system. Despite the tragic incident, Tesla’s stock price remains strong, reflecting investor confidence in the company’s long-term prospects. The incident raises questions about the safety and regulation of autonomous driving technology as it becomes more prevalent in the automotive industry.



Read more at Google: The Daily Breakdown: Check your breadth – eToro