August 25, 06:52
X trade buttons coming soon as Bier rejects crypto shadowban claims
X Trade Buttons Coming Soon as Bier Counters Crypto Shadowban Rumors
Beincrypto
Nikita Bier says X will soon add trade buttons for token trading directly from timelines. Bier rejected claims that X quietly limits the reach of crypto accounts. The claims followed a post blaming him for throttling Crypto Twitter. Bier said he built Cashtags, which brings Solana and Ethereum price charts into X posts. Bier claimed X gave crypto traders nothing at all before he joined. Users can already paste contract addresses into X posts. Contract addresses identify tokens on their blockchains. Scam tokens routinely copy the names of real projects. Trade buttons would let users place a one-tap order without leaving X. X launched Cashtags in April for iPhone users in the US and Canada. The pilot generated an estimated $1 billion in volume within 48 hours. X added live stock charts to Cashtags in May. Bier attributed the crypto bull market to Treasury bond buybacks rather than X. He also pointed to dollar debasement. Treasury Secretary Scott Bessent at least doubled planned purchases of long-dated government debt on Aug. 20. Critics attacked the $950 billion buyback plan and its proposed funding. Bitcoin traded near $80,643. Bitcoin was up 4.25% on the day. Bitcoin was up 24.5% over the past month. Gold recorded its best month since 1999. Bier stepped back from product at X this month. He stayed on as an adviser. His successor will handle the rollout. Neither Bier nor X has named a launch date. Cashtags still covers only a few markets. X would need a wider rollout before adding a buy button.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.