X is Constructing a Good Cashtags Characteristic Monitoring Crypto, Inventory Costs

Elon Musk’s social media platform is constructing a “Good Cashtags” function for launch subsequent month, giving customers entry to real-time value actions of cryptocurrencies and shares.

One of many idea screenshots has additionally teased a highly-anticipated in-app buying and selling function.

In a submit to X on Sunday, head of product Nikita Bier mentioned customers would be capable to entry good contract data linked to crypto tokens, whereas all property would have “mentions” exhibiting current dialogue in regards to the asset and information associated to the businesses and groups behind them.

“X is the perfect supply for monetary information — and a whole bunch of billions of {dollars} are deployed based mostly on issues individuals learn right here,” Bier mentioned, including that X is aiming to gather suggestions earlier than publicly releasing the function in February.

Incorporating finance into X has been a part of Elon Musk’s imaginative and prescient to show the social media platform into an All the things App since his acquisition in October 2022.

X’s second try at a Cashtags function

X launched a Cashtags function in December 2022 that confirmed the worth charts of Bitcoin (BTC) and Ether (ETH), in addition to high shares and exchange-traded funds. Nevertheless, that function was later eliminated.

These charts had been sourced from TradingView and included a “View on Robinhood” hyperlink.

The deliberate “Good Cashtags” seem so as to add extra performance, with one idea picture exhibiting “Purchase” and “Promote” buttons, although there isn’t any data on how this could work or when such a function would roll out.