X Preps Timeline Trading Button as Bitcoin Surges

X, the social platform, is preparing to let users buy and sell cryptocurrency directly from their timeline. This move would turn X into something closer to a trading terminal. The feature was teased by former head of product Nikita Bier, who said that a buy button is coming soon after the existing 'Cashtags' tool. Users could go from spotting a token in a post to owning it in a single tap.

Cashtags already displays real-time Solana (SOL) and Ethereum (ETH) price charts inside posts, which generated roughly $1 billion in trading volume within 48 hours after its April debut for iPhone users in the US and Canada. Contract address verification is designed to help traders confirm they are buying the real token rather than a scam copy.

Nikita Bier pushed back on the idea that X itself sparked the current crypto rally, pointing instead to the US Treasury Department's bond purchases and a weakening dollar as the real drivers. He attributed the rally to these factors, not to X's own features.