Elon Musk, an avid supporter of the crypto sector, is incorporating more features to cater to the crypto community that is thriving on the microblogging platform. Twitter will now be able to display cryptocurrency prices and market movement history via a simple search for their names. For starters, Bitcoin and Ether were chosen as the first two cryptocurrencies whose prices are retrieved when their names are typed into the Twitter search bar next to the “$” sign.
The feature, called $Cashtags, aims to make money Twitter financially more reliable. Since cryptocurrencies as investment tools have emerged around the world, it is not entirely surprising that they are included alongside traditional financial assets, information for which also emerges via a Twitter search.
“If you Tweet a major stock, ETF, or cryptocurrency symbol with a $ in front (like $BTC), people on Twitter will see a clickable link that will take them to the search results. As of today, these search results include the price charts for the most important symbols. You can also search for icons directly without clicking a link within a tweet. Most symbols with and without the $ sign work in search,” the official name of Twitter Business published the announcement.
Musk, who completed the acquisition of Twitter in October this year, congratulated the team on making the new change.
Jane Manchun Wongfamous reverse engineer, divided that Twitter will get its crypto price chart via trading view.
The screenshots of the feature shared on Twitter show that people can access crypto prices Robin Hood as.
In the coming weeks, Twitter has promised to improve the feature and include more crypto symbols Bitcoin and ETH as part of its cash tags.
In early November, Musk revealed that his “Twitter 2.0” plans include introducing crypto payments to the platform.
Speculation over the past few weeks has suggested that Twitter may be working on launching its native service crypto token.
This crypto token, which may be dubbed “Twitter Coin,” could be used to facilitate payments on the platform.