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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Twitter Launches eToro Integration, Opening Up Crypto Trading To Millions

Ronaldo Marquez
Ronaldo Marquez
1 year ago
2 mins read
Crypto Bitcoin Litecoin Chainlink XRP

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Twitter has partnered with eToro, a social trading platform, to allow users to buy and sell stocks and crypto assets directly from the social media platform, according to a CBNC report. The integration, launched on Thursday, allows users to invest in cryptocurrencies such as Bitcoin, Ethereum, and traditional stocks. 

Per the report, the partnership with eToro is expected to make it easier for Twitter users to access the world of finance and investing, particularly in cryptocurrencies. This move marks Twitter’s latest push into the finance industry, following the recent launch of its new “Tip Jar” feature, which allows users to send and receive tips from other platform users. 

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Crypto Goes Mainstream With Twitter And eToro Integration.

With this new integration, users can link their eToro account to their Twitter account to buy and sell cryptos. The integration also includes a feature called “CopyTrader,” which allows users to automatically copy the trades of other eToro users with a proven track record of success. This feature is designed to make it easier for novice investors to start trading and investing.

The integration between Twitter and eToro will significantly benefit the crypto industry. Firstly, it will likely increase a wider audience’s awareness and adoption of cryptocurrencies.

Secondly, the integration is expected to boost cryptocurrency trading volumes and liquidity. This could help to stabilize their prices and make them more attractive to investors. Yoni Assia, eToro’s CEO, told CNBC:

There is very high quality content, real-time content on financial analysis of companies and what’s happening around the world. We believe this partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro.

Will DOGE Be Able To Consolidate Above Its Toughest Resistance?

Dogecoin’s (DOGE) price experienced a significant surge of 35% on April 2nd, following a bizarre incident where Twitter used the Doge meme as their home button. This surge propelled the “meme coin” to reach the $1 mark for the first time. However, DOGE’s price quickly retreated below the $1 line and has since been trading within a newly formed range of $0.0812 to $0.0853.

Following the announcement of Twitter’s integration with eToro, the price of Dogecoin (DOGE) experienced a rise of over 4% in just a few hours. Currently, DOGE is trading at $0.878, representing a significant profit of over 6% in the last 24 hours, outperforming all other top 10 major cryptocurrencies in the market.

If DOGE can break through the resistance level of $0.900 and establish it as a new support level, there is a possibility that DOGE’s price could surge above 10 cents. This would indicate a significant increase in value for the cryptocurrency.

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DOGE is facing a major resistance at $0.900 on the 1-day chart. Source: DOGEUSDT on TradingView.com

Featured image from Unsplash, chart from TradingView.com

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Ronaldo Marquez
Ronaldo Marquez

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Read more

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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