Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears

Bitcoin (BTC) saw a classic “fake out” move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders stay gloomy on BTC outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly climbing almost $1,000 as April 25’s Wall Street trading session began. The move was short-lived, […]

Twitter and Stripe roll out USDC payout program for creators via Polygon

On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of the USD Coin (USDC) stablecoin. Payments will occur via the Polygon (MATIC) network, […]

Vitalik Buterin Says Hostile Twitter Takeover Could Go Very Wrong

Elon Musk’s bid to buy Twitter, one of the largest and most influential social media platforms in the world, has been rocking the finance space recently. The billionaire who wants to take over the social media platform has made a very enticing offer for Twitter to be sold to him. However, he has also made […]

DOGE price analysis hints at 30% drop despite Elon Musk’s Twitter bid

The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk’s bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%.  DOGE’s price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger […]

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal law clarifies regulations related to the trading and mining of cryptocurrencies.  On Apr. 8, Russia’s finance ministry announced the amendment […]

Will Elon Musk Accept Cardano Founder’s Offer To Build Decentralized Twitter?

Charles Hoskinson, Cardano’s founder and chief executive of Input-Output Global, said he is keen in assisting Elon Musk in building a decentralized social media platform from the ground up — if Musk’s Twitter bid fails. But Douglas Horn, the Telos blockchain’s primary architect, joked that the project would be completed by 2035. There are numerous […]