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Twitter adds BTC and ETH price indexes to search function

Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.

Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab. 

The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.

The account noted that whenever one tweets the symbol of a major stock, ETF, or cryptocurrency with $ in front of it, people will be able to see a clickable link that takes them to search results which will now include the pricing graphs for those symbols. 

It also noted that simply searching for the ticker, whether it be a stock or crypto, will also bring up the price graph. 

Shortly after on Dec. 22, Twitter CEO Elon Musk retweeted the announcement of the new feature stating that it is "one of many product improvements coming to financial Twitter."

It appears that BTC and ETH are the only two cryptocurrencies with price charts at the time of writing. Other top cryptocurrencies, including Musk’s beloved Dogecoin (DOGE), have not made the cut.

However, Twitter Business said that it expects to expand its coverage of symbols and improve user experience "in the coming weeks."

A screenshot of Twitter’s 24 hour price chart of Ether (ETH). Source: Cointelegraph.

Cointelegraph found that a number of variations of Bitcoin such as  “$Bitcoin,” “Bitcoin price” and “BTC price” also bring up the price chart, with corresponding searches also working for Ethereum.

Tech blogger Jane Mastodon Wong noted to her 158,700 Twitter followers on Dec. 21 that the charts are sourced from trading analysis platform TradingView.

The price charts also include a “View on Robinhood” link that can be clicked in the bottom left hand corner, suggesting the retail trading platform has teamed up with Twitter for this integration.

There, users are brought to Robinhood’s price chart for ETH, which provides an additional link below stating “Sign Up to Buy Ethereum.” The same links are provided for Bitcoin too.

However, no partnership details have been disclosed between Twitter and Robinhood.

Twitter’s price chart integration may arguably lead to more traffic to Robinhood, as #Bitcoin alone is tweeted roughly 120,000 times per day, according to data from BitInfoCharts.

#Ethereum on the other hand hoddles at around the 25,000 range.

Related: Crypto fans should get behind Elon Musk’s subscription model for Twitter

Earlier this month, rumors began to circulate on Dec. 4 that Twitter may create its own native cryptocurrency “Twitter Coin” to be used for payments on the platform, which came about a week after Musk shared a glimpse into what “Twitter 2.0” may look like on Nov. 27 — which included the possible integration of cryptocurrency-based payments on Twitter.

But Musk’s future at Twitter appears to be at the crossroads after the controversial figure asked Twitter whether he should “step down as head of Twitter?” in a Dec. 19 Twitter poll — with 57.5 of the 17,502,391 voters polling “Yes.”

Musk later added that he “will resign as CEO as soon as I find someone foolish enough to take the job!”

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Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report

Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report

The bankrupt crypto lending platform BlockFi is suing Sam Bankman-Fried’s holding company to recover collateral. According to a recent complaint filed in a court in New Jersey, BlockFi says it “seeks to enforce the terms of a pledge agreement” it had with Emergent Fidelity Technologies, a holding company for Bankman-Fried, the disgraced former CEO of […]

The post Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report appeared first on The Daily Hodl.

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BlockFi sues FTX’s Bankman-Fried over shares in Robinhood

BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement.

Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November.

The suit was filed on Nov. 28 in the United States Bankruptcy Court for the District of New Jersey just hours after BlockFi filed for Chapter 11 bankruptcy in the same court.

As per the filing, BlockFi is demanding Emergent turnover collateral as part of a Nov. 9 pledge agreement that saw Emergent agree to a payment schedule with BlockFi that it has allegedly failed to pay.

BlockFi names the collateral as “including certain shares of common stock.”

In May, Bankman-Fried acquired a 7.6% stake in the online brokerage firm Robinhood, buying a total of $648 million in Robinhood shares through his Emergent investment company.

Related: FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows

BlockFi is one of the latest firms to file for bankruptcy as a result of the collapse of FTX crypto exchange.

The crypto firm initially previously denied that a majority of its assets were held on FTX earlier in the month, but also acknowledged “significant exposure” to FTX.

In its bankruptcy filing, BlockFi stated that it has assets between $1 billion and $10 billion with liabilities in the same range, along with over 100,000 creditors.

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Trading Giant Robinhood Enables Transfers for Recently Listed Ethereum (ETH) Challenger

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The post Trading Giant Robinhood Enables Transfers for Recently Listed Ethereum (ETH) Challenger appeared first on The Daily Hodl.

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