The leader cryptocurrency Bitcoin (BTC) broke its long silence with today’s good news and the cryptocurrency sector achieved a sudden surge. The first of these good news, as everyone could guess, came from Grayscale, and the court accepted Grayscale’s objection to convert its BTC trust product into an ETF.
Good News for BTC Keeps Coming
With this development, the price of BTC suddenly rose by 6.7% and reached $28,000 on some exchanges. The leading cryptocurrency Bitcoin thus broke its weeks-long sideways position and ignited the rise in the cryptocurrency sector.
But the good news didn’t stop there, and the former CEO of Twitter, now called X, Elon Musk, made a new announcement. According to the latest information, Elon Musk has now pushed the button for a cryptocurrency wallet within Twitter. The news that Musk has obtained the necessary licenses to enable payments on the platform caused a sensation.
X Ignites BTC
It is not difficult to predict that the next step after X obtaining the cryptocurrency payment license will be making payments with cryptocurrency within Twitter.
So, why is this step by Twitter important? Actually, Twitter previously introduced BTC payments to some extent during Jack Dorsey’s tenure. Although it was a limited service to tip those who wanted to give tips, payments with BTC had a significant impact. The current situation, however, is very different, and it is seen that this involves making payments directly from cryptocurrency wallets within the platform.
It is expected that Elon Musk will start with BTC first. However, the much-talked-about DOGE move may also come after that. Musk is one of the biggest fans of DOGE, and it is known that the famous figure has previously made DOGE-focused statements for Twitter. Dogecoin, if an official announcement is made, can react very sharply and in a growth-oriented manner to this development.
