Twitter becomes crypto friendly, prices of Bitcoin and Ether will be visible with Cashtags feature

Many changes are taking place in the microblogging site Twitter after billionaire Elon Musk bought it. Musk, who is said to be a big supporter of cryptocurrencies, has also tried to connect Twitter with this market. The prices of cryptocurrencies and their movements can be seen through a simple search on Twitter. It has been started with Bitcoin and Ether. The prices of both these cryptocurrencies can be seen by typing them with ‘$’ sign in the Twitter search bar.

This feature is being called ‘$Cashtags’. About this Twitter “Tweeting a major stock or cryptocurrency by typing $ before its symbol will display a clickable link that will take you to their pricing graphs and other information. You can also search for them directly,” explained. Recently Musk took over Twitter. He has congratulated the Twitter team for this feature. Screenshots shared on Twitter show that users will also be able to access crypto prices on trading app Robinhood. Twitter has informed about improving this feature soon and adding other cryptocurrencies besides Bitcoin and ETH.

Last month, Musk had told that in his Twitter 2.0 plan, payments through crypto will also be added to this platform. The value of his electric car company Tesla has declined by more than half since Musk made a bid for microblogging site Twitter in April. Musk has sold approximately $23 billion worth of company shares since April. This may make it easier for them to raise funds for the $44 billion deal to buy Twitter. Due to the fall in Tesla’s share price, Musk has also lost the title of the world’s richest person. According to Forbes, Musk’s net worth has declined to approximately $174 billion. French businessman Bernard Arnault has overtaken Musk to become the world’s richest person.

Musk is facing difficulties after taking over Twitter. Some big companies have stopped advertising on Twitter. Musk has said that the decrease in advertisements has had a big impact on Twitter’s revenue. Market analysts say that Musk has become a villain for Tesla investors.