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By integrating direct Bitcoin payments, Twitter is paving the way for the BTC price to surpass $300,000.
Jack Dorsey’s social media platform Twitter has officially enabled third-party Bitcoin tipping services for iOS users, giving them the ability to seamlessly pay one another across the globe, nearly instantly.
If Bitcoin’s market capitalization consisted solely of the $700 billion global remittance industry, the $13.8 billion influencer marketing industry and the $5.44 trillion global digital payments market (a combined estimated value of $6.1538 trillion) through applications like Twitter’s tipping service, each Bitcoin in existence (18,824,860 at the time of this writing) would be worth approximately $326,897.
In other trending Bitcoin News today: Bitcoin could hit $100,000 as soon as next month?!
“There’s still a high probability that the U.S. is just going to follow Canada, maybe with a futures-based bitcoin ETF,” Bloomberg Intelligence senior commodity strategist Mike McGlone told Stansberry Research last week.
McGlone also doubled down on his $100,000 bitcoin price prediction, forecasting bitcoin will hit the psychological level by the end of 2021 but potentially as soon as October.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
https://bitcoinmagazine.com/markets/twitter-drives-300000-bitcoin-price
TA: Bitcoin Forms Bullish Pattern, Why BTC Could Rally above $45K