Skip to content 
Search

Latest Stories

Lule Demmissie: eToro, Twitter Partnership Creates Symbiosis

Lule Demmissie: eToro, Twitter Partnership Creates Symbiosis

On April 13, financial services provider eToro announced a partnership with social media site Twitter. Through this collaboration, Twitter users could trade stocks and other digital assets on eToro.

In a recent interview with Cointelegraph, Lule Demmissie, CEO of eToro U.S., said the partnership created a natural symbiosis. She said it was only logical for one of the world’s largest social media networks to collaborate with a social trading platform. 


When Twitter users read financial news and updates on securities or other assets, they can “practise, engage, or trade.” They can look for Cashtags, check the asset’s quote price, and then trade through eToro.

During the interview, Demmissie said the collaboration would allow people to converse, practice, learn, and invest. She also explained that digital assets have the potential to be transformative.

“It’s a transformative way of thinking about justice and capital formation—benefitting from the same thing you feed,” said Demmissie.

However, she also underscored the importance of self-regulation practices as digital assets become more available. Demmissie reminded people of the “lessons of the last two years” and warned about the misdiagnosis of the lessons.

This partnership follows a statement from former Twitter CEO Elon Musk, who claimed that the platform could be “the most massive financial institution in the world.

The new collaboration is critical to integrating cryptocurrency and social media platforms. eToro is famous for its friendly interface and wide range of investment options, making it an ideal choice for traders.

With the partnership, Twitter users can access cryptocurrency trading and investing tools using the social media site. This groundbreaking partnership could bring cryptocurrencies into the mainstream through Twitter’s massive global user base.

Moreover, the partnership highlights the role that social media could play in the cryptocurrency market. Social platforms are becoming crucial in driving the popularity of various digital assets.

Social media sites supported the easy dissemination of information and the development of token communities. These advantages heavily contribute to the dynamism and volatility of the crypto market.

eToro, a popular index trading platform in the United Kingdom, is a multi-asset space that enables investments in stocks and crypto assets, among others. Through this platform, U.K. traders can access thousands of stocks, indices, ETFs, commodities, forex, cryptocurrencies, and NFTs from top exchanges worldwide.

The company also provides various fundamental and technical analysis tools, including economic data, social media sentiment trends, market news, and advanced charting solutions.

More For You

Small and medium-sized businesses in European countries

Small and medium-sized businesses in European countries

Programs and infrastructure supporting small businesses and the development of digital skills in European countries are highly effective.

According to Eurostat data, Germany is the leader in terms of small business development indicators such as the number of people employed in small and medium-sized businesses and the total turnover of SMEs.

Keep ReadingShow less
What problems does business analytics solve?

What problems does business analytics solve?

The basics of business analytics

Which companies need business analytics and why? What problems does it solve? How does it differ from business analysis?

Keep ReadingShow less
DIY SOS is back!

DIY SOS is back!

  • And we are on the lookout for new projects.
  • Are you a home owner in desperate need of our help?
  • Or do you know someone whose life could be transformed with a Big-Build?
Nick Knowles and the Purple Shirts are on the hunt - so if your home, community centre, or other vital building isn’t fit for purpose then we’d love to hear from you. The team are also issuing a call to arms to recruit friends and local trades to help transform the homes and lives of families across Britain. So, if you’d like to join the DIY SOS team then get in touch.

To apply or find out more, go to: https://www.bbc.co.uk/showsandtours/take-part/diy-sos

Alternatively, you can message the project’s Casting Exec @PHEBYcasting at www.instagram.com/PHEBYcasting

Keep ReadingShow less
Best Business Ideas to Start in New Zealand

Best Business Ideas to Start in New Zealand

If you’re a Kiwi looking to launch your own business, there’s never been a better time to do it. New Zealand offers a great environment for small businesses, thanks to its stable economy, government support for entrepreneurs, and high quality of life. From agriculture to tech and creative industries, opportunities exist across a wide range of sectors.

When choosing what kind of business to start, it's important to look at local demand, industry growth, and your personal interests. Below are some of the best business ideas that can thrive in the New Zealand market today.

Keep ReadingShow less