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Tag Archives: Twitter

Bitcoin Reclaims $20K, Market Cap Above $1 Trillion, Elon Musk Buys Twitter: This Week’s Crypto Recap

After spending multiple weeks trapped around $19,000, Bitcoin’s price was finally able to escape the range and break out toward the upside. BTC reclaimed $20K and even poked above $21,000 before retracing a bit to where it currently trades. Elsewhere, Elon Musk officially acquired Twitter, so let’s unpack. Bitcoin started the week trading at around $19,000, and it was seemingly trapped there for quite a while. However, the volatility picked up on Tuesday, and the bulls...

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Twitter Is Struggling to Keep Its Most Active Users According to Internal Research Documents

An internal document has shown that the number of active users on Twitter is continuously reducing and could affect revenue.According to information obtained by Reuters, Twitter (NYSE: TWTR) is in a bit of a bind as it is struggling to retain its most active users. The number of most active users, or “heavy tweeters” is declining, a major challenge for the social media platform.Reuters says internal Twitter research shows that heavy tweeters post more than 90% of all tweets even though they...

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Elon Musk Is Ready To Buy Twitter This Week, Sources Say

On October 24, CEO Elon Musk confirmed during a video conference with a group of bankers that he is prepared to close the acquisition of Twitter by Friday, October 28. According to sources interviewed by Bloomberg, the banks provided $13 billion in financing to the electric car mogul to finalize the purchase, which is in the final stages of its paperwork. Wall Street lenders had been preparing for weeks in anticipation of the purchase. The court handling the Twitter case set...

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Twitter arbeitet an Crypto-Wallet

Noch bevor Elon Musk den Staffelstab offiziell übernimmt, kommen Gerüchte auf, dass Twitter an einer Crypto-Wallet arbeitet. Bereits Jack Dorsey war dafür bekannt, den Crypto-Markt auf der Social Media Plattform einbinden zu wollen. Crypto News: Twitter arbeitet an Crypto-WalletDie Meldung kommt allerdings nicht von offizieller Seite und wurde von Twitter weder bestätigt noch verneint. Jedoch kommt sie von einem Developer, der bereits in der Vergangenheit zuverlässige Insider-Meldungen...

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Twitter Partners with Major NFT Marketplaces to Launch New Web3-Focused Feature

Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted.Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform.It should be mentioned that the “tweet...

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Musk Plans to Cut 75% Off Entire Twitter Workforce

Amid rumors of the cut, Twitter lawyer Sean Edgett sent a note to employees that there is no confirmation that Musk wants to lay off a large part of the entire workforce.Twitter may be forced to operate with a fraction of its workforce as Elon Musk moves ahead in his plan for a leaner platform. Previously, there were rumors that Tesla CEO Elon Musk, who has made an offer to buy Twitter, would lay off some of the social media company’s workers. The billionaire hinted at the possibility if he...

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