Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
On or around Apr. 18, Twitter introduced Bitcoin (BTC) price quotes on its social media platform, accessible through its search feature.
The price quotes are powered by the charting service TradingView. Alongside the display, there is a link to the Israeli cryptocurrency exchange eToro, where users can trade Bitcoin. At the time of this report, it seems that only BTC price quotes are provided, with no information available for other significant cryptocurrencies. A disclaimer labeled “Your Capital At Risk” is also included with the Bitcoin price chart.
Bitcoin price quotes on the popular social media platform | Source: Twitter
On Apr. 13, Cointelegraph disclosed that Twitter would implement crypto and stock trading features directly within the app through a collaboration with eToro. A representative from the exchange remarked:
Related Posts
“Twitter has become a really important part of the retail investing community and it’s where a lot of people go to access financial news and acquire knowledge. We think $Cashtags can play a central role in this conversation and they are already gaining a lot of traction.”
In addition to Twitter, Elon Musk announced on Apr. 17 that he plans to develop an artificial intelligence program called “TruthGPT” after observing the success of the AI chatbot ChatGPT. Musk stated that the truth-seeking AI will challenge what he views as “left-wing” bias in the media sector.
Magazine: Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga
Twitter is not the first significant social media platform to adopt Bitcoin price quotes. On Apr. 10, Douyin, the Chinese counterpart of TikTok, launched Bitcoin price quotes for an estimated 730 million users in Mainland China. However, one day after their introduction, the quotes were removed and replaced with a notice warning users that “unofficial digital currencies do not possess the same legal standing as fiat currencies [in China].”
