Bitcoin: Forecast is working, everything is going according to plan. Keep track of the levels

Bitcoin is still working out the forecast, consolidating in the range between the lows of August 26 and the highs of August 23 ($46,000-$50,000 per coin). But everything is going slowly, although the arguments and assumptions about the further dynamics are still relevant.

But, despite the fact that there is no active movement, there is news. They are not enough to cause volatility, but all these are coins in a piggy bank, which confirm the ever deeper integration of cryptocurrencies into life.

So, today it became known that Twitter is planning the final integration with cryptocurrency in order to simplify payments in bitcoins. According to The Block, Twitter appears to be testing the inclusion of bitcoin on the Lightning Network for tip payments.

Mobile developer Alessandro Paluzzi, who recently posted an image of the current beta version of Twitter, has reinstated the inclusion of major cryptocurrency coins on Twitter's tip service. The upcoming BTC distribution service in Twitter is currently in testing mode.

Market assumptions about the tip function based on reports mentioned using the Lightning Network to make small payments in bitcoins. In addition, this integration, in turn, employs both custodial and non-custodial wallets.

To facilitate the creation of the invoice, the "Bitcoin Lightning App Strike" will be used. If Twitter users want to use the BTC giveaway service, they will also need to create a Strike account.

Jack Dorsey, a bitcoin fanatic, talked about his plans to integrate the key cryptocurrency on Twitter back in July. Then the head of the company said that BTC will be included in the future strategies of the platform for innovative technologies. During Twitter's second quarter earnings conference call, CEO Jack Dorsey stated that bitcoin will be "a big part" of the company's future.

Additionally, Twitter can incorporate bitcoin into other services such as Super Follows, Commerce, and Subscriptions.

Here's what Dorsey said in July:

"If the Internet has its own global currency, we will be able to move much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, thanks to which we will be able to reach every person on the planet. I think this is a big part of our future. There are many innovations beyond currency, especially when we think about more decentralization of social media and more economic incentive. Therefore, I think it is extremely important for Twitter and for Twitter shareholders that we continue to explore the space and actively invest in it. "


The material has been provided by InstaForex Company -