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eToro Ltd. is fielding so much demand for Bitcoinand other cryptocurrencies that it warned customers they may encounter “possible limitations” filling orders. “The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend,” the Israeli-British company said in an email to customers. “In light of this, it may be necessary for us to place limitations on crypto BUY orders over the weekend.” The notice underscores how platforms are struggling to manage the surging volatility in the crypto market as Bitcoi...

Following EToro could limit buy orders over the weekend as demand for Bitcoin and other cryptocurrencies soarsCryptos | 1/14/2021 4:46:40 AM GMT Etoro sees an unprecedented surge in demand for BTC as price inch close to $40,000. Cryptocurrency trading platforms are struggling with limited liquidity amid soaring prices. Bitcoin is eyeing a spike to $40,000 and beyond, following a recovery above $37,000. The cryptocurrency market is in a bull cycle, bringing extraordinary demand for Bitcoin and other digital assets. Thus, eToro, a leading trading ...

The bonus runs through January and popped up right when Bitcoin’s value shot up last week.  As the company offered the $500 reward, it also reduced exposure to risk in the business. eToro halted users’ ability to open new leveraged crypto accounts and allowed customers to leverage their crypto bets up to two times their face value, in accordance with European and U.K. regulations. The company also notified existing customers that they must increase their margin on deposit to cover the full value of their positions or have them closed. Record Highs The price of bitcoin hit a record high o...