Twitter searches for “$Bitcoin,” “Bitcoin price,” and “BTC price” provide a price chart, with similar results for “Ethereum price” searches.
Twitter has implemented a new crypto feature that allows users to search the price of Bitcoin (BTC) and Ether (ETH) by entering their names or tickers in the search bar.
The new functionality is an upgrade to “$Cashtags” and was revealed on December 21 by the Twitter Business account.
When a user tweets the symbol of a major stock, exchange-traded fund, or cryptocurrency with a dollar sign in front of it, viewers will be able to see a link that leads to search results that now contain price graphs for such symbols.
A simple search for the ticker symbol, whether for stock or cryptocurrency, will also provide the price chart.
Elon Musk, CEO of Twitter, retweeted the news of the new function on December 22, noting that it is “one of many product enhancements coming to financial Twitter.”
In the following weeks, Twitter Business aims to increase its coverage of symbols and enhance the user experience.
Cointelegraph discovered that versions of Bitcoin such as “$Bitcoin,” “Bitcoin price,” and “BTC price” also bring up the price chart, with the same being true for Ethereum.
On the 21st of December, tech writer Jane Mastodon Wong informed her 158,700 Twitter followers that the charts are from the trading research site TradingView.
The price charts also feature a “View on Robinhood” link in the lower left corner, indicating that the retail trading platform has collaborated with Twitter for this integration.
Users are then sent to Robinhood’s ETH price chart, which has an extra link titled “Sign Up to Buy Ethereum.” Identical links are also available for Bitcoin. However, no collaboration specifics between Twitter and Robinhood have been published.
According to BitInfoCharts, #Bitcoin is tweeted around 120,000 times each day. Therefore, Twitter’s inclusion of price charts may contribute to an increase in Robinhood’s traffic. In contrast, the price of #Ethereum hovers at $25,000 per coin.
This month, speculations started to surface that Twitter may develop its own cryptocurrency, “Twitter Coin,” for usage on the network. The speculations originated on December 4, about one week after Musk provided a preview of what “Twitter 2.0” may look like, including the potential inclusion of cryptocurrency-based payments.
Also Read: C. Hoskinson criticises Coinbase for excluding Cardano from its 2023 crypto outlook study
