Paving the way for mainstream adoption of crypto?

Twitter users can now access real-time data on eToro.

According to CNBC, Twitter has partnered with eToro, allowing users to access real-time market data on the social trading and investing platform.

The new feature enables users to view real-time prices and provides access to various financial instruments and assets, including stocks and cryptocurrencies.

eToro is a multi-asset investment platform known for its copy trading service, which allows investors to replicate the strategies of high-performing public traders.

More access for eToro customers

In addition to stocks and cryptocurrencies, the new feature unlocks access to other financial instruments and assets. eToro is a multi-asset investment platform known for its copy trading service, which allows investors to replicate top performing public traders.

To perform this function, users can enter $Cashtags and the app will display the stock or crypto price in real time. For example, to check the price of Bitcoin, you can type $BTC, or to see Tesla’s price, you can type $TSLA.

Last December, Twitter reportedly enabled chart displays for Bitcoin and Ethereum, as well as price charts for the S&P 500 and stock quotes for some companies, including Tesla.

The charts came from keyword searches “cashtag”, “$coin” or “#coin” which came from Trading View’s data.

The new partnership with eToro will enhance capabilities as Twitter users can now track and monitor market data from multiple instruments and asset classes. Users can also click the “view eToro” button and navigate the eToro platform to trade and invest.

The move marked a huge deal for both Twitter and Elon Musk. Since Musk took over the social empire, speculation about Twitter’s makeover has existed, with some shedding light on the potential integration of Dogecoin into Twitter.

Speaking to CNBC, eToro CEO Yoni Assia said the growing number of users interacting on Twitter to learn about the market over the past three months was an opportunity.

Assia added:

“It’s very high-quality content, real-time content about financial analysis of companies and what’s happening around the world. We believe this partnership will enable us to reach these new target groups [and] better connect the brands to Twitter and eToro.”

Bring crypto to the masses

The cryptocurrency industry has experienced rapid growth recently, and Twitter has been at the forefront of this revolution. It has become a hub for the crypto community, providing a place for crypto enthusiasts, NFT collectors, market analysts and new investors to stay up to date with the latest trends, news and developments in the industry.

Under Musk’s leadership, Twitter aims to revolutionize how we use social media by transforming it into a super app that offers a range of services beyond just tweeting.

Musk’s vision for Twitter is to create a platform that combines the functionality of multiple apps into one, making it easier for users to access all the services they need without switching between different applications.

This includes instant messaging, banking, travel and much more.

The recent change in Twitter’s corporate name to X Corp and the incorporation of a shell company with that name highlights Musk’s commitment to making Twitter a super app. This move will help to consolidate

Twitter’s position as a significant player in the technology industry paves the way for new and innovative features to be added to the platform.

Last week, Twitter made headlines again when it changed its logo from the iconic blue bird to the Shiba Inu with the exact figure of the Dogecoin logo.

The move caught the attention of the crypto community and sent the price of $DOGE up 37% before retreating. While the change was short-lived, it demonstrates Twitter’s ability to influence the crypto market and the power of social media as a driving force in the industry.

Dogecoin has once again benefited from the news – $DOGE surged by 4.98% shortly after the partnership announcement.