Twitter About To Launch Bitcoin Tipping Feature On Android OS Devices

Asian-based tech researcher, Jane Manchun Wong, has alleged that Twitter is already testing its bitcoin tipping service on android smartphones. Wong lends credence to her claim by sharing screenshots to prove her point.

Wong screenshot. Source: Twitter

Twitter launched a tipping service named ‘tip jar’ five months ago, which allowed anyone to donate a token to creators. Previously, such donations were made via digital payment solutions like Cash App, Venmo, and PayPal.

Top Tech Firms Support Twitter’s New Feature

The social media giant added bitcoin payments via the lightning network two months ago. As widely reported, Twitter launched its tipping service for iOS devices late last month and now follows it up by announcing the launch of this service for other devices. However, the company is yet to give a specific schedule for when the service will be available to these other users. 

Digital currency payment solutions giant, Strike, will provide the technical support for Twitter’s new bitcoin tipping service. It is a proven fact that over 70% of smartphones use Android OS. Thus, when Twitter rolls out this feature, bitcoin’s popularity will rise further, and its level of adoption will soar.

The Support For NFT

You’d recall that Twitter announced late last month that it is in the process of releasing an authentication technology that supports NFT on its platform.

This feature will enable users to display their NFTs on Twitter proudly. Wong also shared another screenshot to prove this discovery. More importantly, the Twitter mobile app allows users to view and read more information about any NFT.

The rising popularity of NFTs has seen the influx of famous Indians, especially actors, actresses, and cricketers, launching NFTs to increase their net worth. Various reports confirm that Amitabh Bachchan and Salman Khan (leading Indian actors) and Dinesh Karthik (famous Indian cricketer) would soon launch their NFTs.

BTC Price Soars By $3K

The leading cryptocurrency has bounced off from its below-$60K price to close at $63K. BTC had declined by $7K a few days after setting a new peak price of $67K – a trend that didn’t stop during the weekend, with Bitstamp recording $59.5K as the BTC price.

But as of this writing, BTC has surged past the $60K mark to now trade at $63K. Thus, the BTC dominance rose to almost 46% today. At the same time, its market cap is close to about $1.22 trillion.

Altcoins In The Green

Most altcoins are also following BTC’s path and are in the green. Eth now trades at over $4K despite slipping below that price point some days ago. However, sol remains the most impressive altcoin among the top ten cryptos after rising by 8%. Hence, SOL is getting close to attaining its previous peak price of about $217 set in the year’s first half.

The altcoins’ impressive gains resulted in an additional $130B to the crypto market cap, which is now at $2.65 trillion. Even though LINK, TERRA, XRP, BNB, AVX, DOT, and ADA experienced minor gains, Kucoin, Curve DAO, Fantom, ThorCHAIN, the Graph had gains in the double-digits percentage.