Twitter co-founder and CEO Jack Dorsey presented the new Twitter emoji for Bitcoin (BTC) on February 2 and hashtagged the Unicode Consortium to also integrate a Bitcoin emoji into the Unicode symbol standard.
As Dorsey’s Tweet shows, whenever a Twitter user inserts Bitcoin as text or a BTC hashtag, an image with the corresponding symbol appears next to it.
Dorsey’s public request to include the symbol in the Unicode symbol standard was welcomed by the community. The co-founder of Lightning Labs, Elizabeth Stark, also joined his call.
After Twitter added the emoji, it has already been tried out by many many celebrities in the crypto space, including Tron (TRX) founder and Bittorrent CEO Justin Sun.
The official accounts of the major crypto exchange, Binance, also used the emoji and suggested that the crypto community participate in using the hashtag to make it fashionable on Twitter. BinanceCEO Changpeng Zhao, joined the proposal and tweeted:
Bitcoin skyrockets on Twitter
The crypto-blog LunarCRUSH notes that Bitcoin’s „combined social volume“ has increased after the inclusion of emoji, with 113,816 posts written about Bitcoin in the last 24 hours alone. This is the highest „social volume“ in over a year, writes LunarCRUSH.
Jack Dorsey’s Crypto-Initiatives
This is not the first crypto push of the co-founder of Twitter, who is also the CEO and founder of the crypto-friendly mobile payment service Square. In early December 2019, he also announced that Twitter would develop a decentralized standard for social media with a dedicated team.
Square recently received a patent for a technology that will enable a real-time system for exchanging crypto currencies for Fiat money. In November, the company issued a letter to its shareholders, according to which the number of Bitcoin buyers in the app has doubled in Q3 2019, while profits remained low.