Dogecoin Jesus? Roger Ver resurfaces on Twitter, backs DOGE over BTC
Roger Ver, an early investor and ardent promoter of Bitcoin (BTC) which earned him the moniker “Bitcoin Jesus” has resurfaced on Twitter after a year and backed Dogecoin (DOGE) in an interview, preferring it for payments over the world’s first crypto. In an interview with Bloomberg, the Bitcoin.com founder said how he was a fan of the memecoin due to its fast transaction times and low fees: “Dogecoin is significantly better, it’s cheaper and more reliable [than Bitcoin]. If I had to pick three contenders for the world’s dominant cryptocurrency, they would be Doge, Litecoin and Bitcoin Cash.” Ver also took time in the interview to voice his support for honorary Dogecoin CEO Elon Musk’s Twitter takeover. “It’ll certainly make Twitter more attractive,” said Ver. “I am really, really grateful ...
Twitter Acknowledges Mass Deactivations Following Elon Musk Purchase
Twitter has acknowledged mass deactivations following Elon Musk’s purchase of the company. A representative for Twitter told NBC News that the trend was an “organic” occurrence among users. The drop-off has been most pronounced in large accounts. Barack Obama, the most-followed user on Twitter, shed more than 300,000 followers after Monday’s news. Katy Perry, Twitter’s third-most popular account, lost more than 200,000 followers. So are hundreds of thousands of people all singing “Bye, Bye, Birdie?” Not necessarily. To start, conservative accounts are experiencing a surge in new followers, mostly from freshly-created accounts. Rep. Marjorie Taylor Greene gained over 100,000 new follows, while far-right Brazilian President Jair Bolsonaro added 90,000 of his own. Advertisement Rela...
Twitter Experiences Mass Deactivations After Elon Musk Takeover
Twitter saw mass “organic” deactivations and huge fluctuations in follower numbers for some of the platform’s highest-profile users in the days after Elon Musk agreed to a $44 billion takeover deal of the social media giant. According to an NBC News report published Tuesday, the follower numbers for some of Twitter’s most-followed accounts, including former President Barack Obama, singers Katy Perry and Taylor Swift all dropped by hundreds of thousands. Obama, who is Twitter’s most-followed user with 131.7 million followers, saw his follower count fall by 300,000 since Monday. Perry, who has 108.8 million followers, lost 200,000. Explore Explore See latest videos, charts and news See latest videos, charts and news Twitter routinely purges the platform of bots and fake accounts which can le...
Twitter Founder Jack Dorsey Posts Radiohead Song to Express Feelings About Elon Musk
Twitter co-founder Jack Dorsey has a lot of feelings about Elon Musk buying his company, and like many 45-year-old men with questionable beard games, he chose to express himself in the form of a Radiohead song. And while close readers might attempt to find evidence of satire in the choice, Dorsey seemed to show his support for Musk when he tweeted out the Kid A track, “Everything in Its Right Place.” Before Musk’s purchase, Dorsey owned a little more than 2% of Twitter, and while he maintained a seat on the board, he was expected to leave that post next month. As he explained in a Twitter thread, he sees Musk as the right man to continue his work. “I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote in explanation of his Radiohead post. ...
Elon Musk Buys Twitter, Black Twitter Keeps Eye On The Jig, MAGA Twitter Elated
HipHopWired Featured Video CLOSE Source: SOPA Images / Getty As expected, Elon Musk just purchased Twitter. The founder of SpaceX and CEO of Tesla reportedly purchased the social media app for a cool $44 billion, but not everyone is celebrating. According to the New York Times, Musk and the Twitter board secured the deal after much wrangling. Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town s...
Donald Trump Says He Won’t Use Twitter Even if Elon Musk Unbans His Account
In what may be Donald Trump’s most popular action since appearing in Home Alone 2, the former President has pledged that he will not use Twitter, not even if the platform’s new owner Elon Musk unbans his account. As Trump explained to Fox News, the decision does not represent either changing interests or a newfound ability to shut the fuck up. No, after Trump’s permanent ban following the failed January 6th insurrection, the longtime Twitter addict did something rather committal while in the throws of his withdrawal, spending a small fortune on building his own social media platform. This new hangout changed almost nothing about Twitter’s design, except for using the Orwellian name TRUTH Social and instituting new rules preventing users from making fun of Trump. TRUTH Social laun...
Elon Musk buys Twitter for $44B — crypto industry reacts
In the hours and days before Tesla CEO Elon Musk’s purchase of social media giant Twitter, discussions on free speech were common among many online users both in and out of the crypto industry. Twitter announced on Monday that it will become a privately held company following its board of directors accepting a bid from Musk to purchase the firm’s stock for $54.20 per share in cash — roughly $44 billion. Though the transaction is expected to close in 2022, it is still subject to the approval of Twitter stockholders as well as certain regulators. In one of his last tweets prior to news of the purchase becoming public, Musk said, “I hope that even my worst critics remain on Twitter because that is what free speech means.” Twitter quoted the Tesla CEO saying “free speech is the bedrock of...
Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210 in the opening trading hours on Monday, Bitcoin (BTC) price staged a 5.72% rally to hit an intraday high at $40,366 as news of Twitter’s sale spread across news outlets. BTC/USDT 1-day chart. Source: TradingView Here’s a look at what analysts and on-chain data have to say about Bitcoin’s short-term outlook. Declining exchange reserves point to strong accumulation The recent bearish sentiment that has dominated the crypto market was addressed b...
Bored Billionaire Elon Musk On Verge of Buying Twitter, Users Say RIP To Social Media Platform
HipHopWired Featured Video CLOSE Source: NurPhoto / Getty It looks like bootleg Tony Stark, aka Elon Musk, will indeed purchase Twitter, and depending on who you ask, this development is not being well received. Reuters reports Twitter is set to accept Musk’s “best and final” $41 billion to purchase the social media platform. The decision comes after the back and forth between the company and Musk as they actively tried to find potential buyers to keep Musk’s stench off the company. Welp, they couldn’t get anyone to drop a bag on Twitter at its current share price, and now they are seemingly caving in to the bored billionaire. Per Reuters: Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources ...
Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears
Bitcoin (BTC) saw a classic “fakeout” 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 Monday’s Wall Street trading session began. The move was short-lived, the pair coming back down to where it started within an hour after hitting local highs of $39,517 on Bitstamp. Monday had begun with a whimper for Bitcoin bulls, who lost ground on the weekly close and failed to avoid $40,000 flipping to resistance on daily timeframes. For popular trader Crypto Ed, $30,000 was still on the table as a potential short-term target. “To me, it seems any bounce we...
Elon Musk Finalizing Deal to Purchase Twitter
Elon Musk is on course to finalize his purchase of Twitter after the two sides spent the weekend negotiating the terms of the sale. According to the New York Times, an agreement could be announced as soon as Monday. Musk launched a hostile takeover of Twitter earlier this month, offering to purchase the social media company for $43 billion. While Twitter’s board initially sought to stave off Musk’s efforts by deploying a poison pill shareholder rights plan, the board began to take his offer seriously after he sured up financing for the deal, the Times reports. The two sides are now reportedly discussing details including a timeline to close a potential deal and fees that would be paid if a deal fell through at the 11th hour. “I invested in Twitter as I believe in its potential to be the pl...
Nifty News: Grow-to-earn with Snoop — and is Dorsey’s tweet priceless or worthless?
The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a bid even 1% of its sale price last year. The iconic “genesis tweet” was sold for 1,630 Ether (ETH) valued at $2.9 million about a year ago on March 22, 2021. The highest current bid for this attempt to auction it is 10.3 ETH worth about $31,739 on NFT marketplace OpenSea. The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a bid even 1% of its auction price last year. The genesis tweet made on Twitter by founder Jack Dorsey. Its owner, Bridge Oracle founder Sina Estavi hoped the tweet would generate at least $50 million dollars, half of which he said he would donate to charity after closing ...
