Dorsey Praises Musk's Twitter Buy: 'Elon Is the Singular Solution'
"Taking it back from Wall Street is the correct first step," Twitter founder and erstwhile CEO Jack Dorsey tweeted Monday.
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Bu
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped 1.6% against the U.S. dollar during the past 24 hours. However, after Elon Musk revealed he acquired Twitter at 2:50 p.m. (ET), both equities and crypto markets rebounded a great deal following the announcement.
Musk on Crypto Twitter's 'Most Annoying Problem,' Bored Ape NFTs, Mt Gox Bitcoins, and More
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a deep dive into the world of Bored Ape Yacht Club NFT gains, a pile of bitcoins connected to Mt Gox still shrouded in mystery, and tax developments in Indonesia.
Elon Musk Wants Dogecoin (DOGE) Payments for Twitter Blue, Suggests New Ideas
Elon Musk recently acquired a 9.5% stake in social media platform Twitter and joined the board last week. The tech billionaire has been serious about improving Twitter and preventing the influence of scammy accounts and bots on the platform.
Dorsey’s First Tweet Offered for $48 Million on NFT Marketplace
Twitter Inc. co-founder Jack Dorsey -- has been offered for almost $48 million on nonfungible token marketplace OpenSea, 16 times what the owner paid for it a year ago.
Crypto Censorship Hits Twitter: Top Influencer Accounts Suspended Mysteriously
Overnight last night, the Twitter accounts of many crypto influencers and top Bitcoin supporters mysteriously were suspended without warning.
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