eToro Re-expands U.S. Crypto Business, Resumes Trading of 12 Tokens
On May 28, it was reported that the online trading platform eToro announced on Wednesday the launch of 12 cryptocurrencies on its US platform, expanding its digital asset offerings in the US after significantly reducing its US operations last year due to regulatory restrictions. The newly added tokens include Cardano, Dogecoin, XRP, and Shiba Inu, increasing the total number of tradable crypto assets on the US platform from the original 3 to 15. These new tokens will be launched alongside Bitcoin, Ethereum, and BCH.
Previously, eToro retained only these three crypto assets after reaching a settlement with the US Securities and Exchange Commission (SEC) in 2024.
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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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