Bitcoin Emoji: more than 20 crypto organizations united in the initiative

“Bitcoin Deserves an Emoji” (Bitcoin deserves an emoji) is the title of the initiative promoted by Nexo, in which more than 20 crypto organizations participate such as Bitget, Brink, Chainalysis, and Unstoppable Domains. 

Bitcoin Emoji: the initiative promoted by Nexo involving over 20 crypto companies

Last week, the crypto-exchange Nexo shared the initiative “Bitcoin Deserves an Emoji” (Bitcoin deserves an emoji), involving 20 other crypto companies.

https://twitter.com/Nexo/status/1767566233384186180?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank

“Every revolution needs a symbol. We have joined forces with over 20 leading organizations in the cryptocurrency sector for a historic cause: Bitcoin deserves an Emoji. Joining forces to bring Bitcoin to digital keyboards worldwide are: @bitcoinbrink, @bitgetglobal, @chainalysis, @0xPolygon, @brave, @BitcoinMagazine, @hackenclub, @cryptoquant_com, @nansen_ai, @unstoppableweb, @LiquityProtocol, @IlMARAverso, @getBusha, @zulutransfer, @CadenzaVentures, @BwareLabs, @Meta4Capital, @GetSift, @MarketAcross, @bitcomparenet, @bithomp, @MilkRoadDaily, @CryptoOasisUAE. Started by Nexo. Join us and sign the historic petition: https://bitcoinemoji.org. Bitcoin is more than just a digital asset; it is a symbol of freedom and a universal reference for digital assets in everyday life. It is time to give ₿ the place it deserves in our digital dictionary, recognizing its impact on society, technology, and the way we think about money itself.”

Basically, this community-led initiative starts with a petition of 50 days on Change.org, followed by an official proposal to the Unicode Consortium during the 2024 submission window.

At the time of writing, 7008 signatures have already been collected out of the total goal of 7500. The initiative aims to introduce a Bitcoin emoji on any digital keyboard and highlight the triple identity of the cryptocurrency as money, technology, and culture in today’s society.

Bitcoin Emoji: the voices of the over 20 crypto companies that are joining the initiative

The initiative is already involving over 20 crypto companies: Nexo, Brink, Bitget, Chainalysis, Polygon, Brave, BTC Inc, Hacken, CryptoQuant, Nansen, Unstoppable Domains, Liquity, Mara, Busha, Zulu, Cadenza, Bware Labs, Meta4 Capital, Sift, MarketAcross, Bitcompare, Bithomp, Milkroad, Crypto Oasis.

Many have wanted to give voice to this movement, that is, to create an emoji for Bitcoin. Here are some statements on the matter.

Kosta Kantchev, co-founder and CEO of Nexo, said:

“Bitcoin’s journey reflects a remarkable blend of innovation and community. It is time for its meaning to be universally recognized, starting from a symbol that we all understand: an emoji. Join us in making history”

David Bailey, CEO of BTC Inc., commented:

“Bitcoin is a universal currency for the world and needs a universal emoji that every person, young or old, can use”

Even Gracy Chen, Managing Director of Bitget, stated the following:

“Bitget recognizes the importance of having a Bitcoin emoji as a universal symbol for digital assets in our daily communication. This initiative is in line with our mission to promote the adoption and accessibility of cryptocurrencies. We wholeheartedly support this initiative and believe it will further contribute to the mainstream acceptance of the entire sector. Together with our partners and the wider cryptocurrency community, we are committed to supporting the inclusion of a Bitcoin emoji on keyboards worldwide.”

The new ATH of Bitcoin and the price retracement

During this past week, Bitcoin reached its historical maximum or All-Time High (ATH) on March 13, 2024, surpassing $73,000.

At the time of writing, however, BTC is worth $68,300, undergoing a retracement on its price. The price of BTC is actually down -5% from a week ago. 

Nevertheless, there are those who see an even brighter future for BTC. First and foremost, there is Robert Kiyosaki, the author of the book “Rich Dad, Poor Dad”, who has launched his prediction for the price of Bitcoin at $300,000 by the end of 2024.

Then there are also the analysts from Alliance Bernstein who reiterate that the trend will bring the price of BTC to about $150,000 within the next year.