Analysis Crypto by Thebittimes.Com

According to popular crypto analyst CryptosRUs, Tesla and Twitter CEO Elon Musk could have major initiatives involving crypto currencies coming in 2024. In a livestream on Oct. 27th, CryptosRUs speculated that Musk is planning to transform Twitter into a “financial app” that could replace traditional banking and integrate crypto capabilities. Most of the speculation is based on an recent interview published by The Verge. Elon just conducted an interview where he’s talking about making X a financial app by 2024. And he’s talking about it like this will replace everything, everything. He’s talking about fiat. He’s talking about securities and even crypto. Basically, he wants to make X the sole app for all things financial. CryptosRUs The analyst believes Musk wants to fulfill the original vision he had for PayPal before it was acquired by eBay. By integrating crypto into Twitter’s platform, Musk could attempt to disrupt the traditio...

Shibburn said that Twitter’s developer portal indicates a violation of Twitter rules and policies by its app. The Shiba Inu (SHIB) burn tracker Twitter account , Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out to influential individuals like Elon Musk and Twitter’s new CEO, Linda Yaccarino, in their plea for assistance and a resolution. The Shibburn account has gained significant traction among the crypto community for its engagement and updates related to SHIB, especially about its burn rates. Shibburn said that Twitter’s developer portal indicates a violation of rules and policies by its app. It also mentioned that an email providing additional information was supposed to be sent to them, but they have not received it yet. Moreover, they have encountered challenges while trying to submit a support ticket, as no form appears. Dear @TwitterSupport, @TwitterD...

However, the India n government completely denied these allegations, calling it an “outright lie.” According to the India n government, Jack Dorsey and his Twitter team repeatedly violated India n laws and failed to comply from 2020 to 2022. Misinformation and fake news on social media platforms like Twitter ignited violence during the protests. advertisement Former IT Minister Ravi Shankar Prasad said: “At the time, Twitter didn’t comply with Indian laws. It is clear that all social media platforms are respected in India but they have to abide by the law of the land.” Union Minister Rajeev Chandrasekhar slams Jack Dorsey , revealing no one was raided or sent to jail. Twitter operated normally and was never shut down. The social media platform only complied in June 2022 after similar events happened in the U.S. Recommended Articles Crypt...

Elon Musk quite literally took over Twitter in 2022, and now, the Tesla CEO is leading the platform with the highest number of followers. Former U.S. President Barack Obama has been the most followed person on the social media giant for the longest time. Earlier today, Musk’s followers count reached 133,044,709, beating Obama’s 133,042,105 at that moment. JUST IN: Elon Musk surpasses Barack Obama to become the most followed Twitter account in the world. pic.twitter.com/uGwEY91VfP — Watcher.Guru (@WatcherGuru) March 30, 2023 Obama follows nearly 500K ac count s on the platform, whereas Musk only follows 186 ac count s. Both these ac count s are quite contrasting. Musk has always been active on Twitter even before his acquisition of the network. However, right after the deal came through, he became more regular in tweeting out his opinion. Most of his posts are quirky and informal as opposed to Obama’s. The 44th President of the United States uses a more measur...

US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's arrest in The Bahamas. Crypto Twitter has blown up over the shocking news of Sam Bankman-Fried’s arrest in The Bahamas — many of whom weren’t expecting it to happen so soon.  On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after receiving notification from the United States government that criminal charges has been filed against him. Within hours, politicians, crypto executives and influencers all booted up their Twitter apps to comment on the arrest of the FTX’s former CEO. New York Democratic Congresswoman Alexandria Ocasio-Cortez, who’s held a fairly neutral view on the crypto industry to date, told her 13.4 million Twitter followers that Bankman-Fried’s was a step in the right direction towards “justice being served,” but noted that the arrest would likely postpone Bankman-Fried’s testimony before the House Financial Services Committee, ...

A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network. A Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response to Michael Saylor's Lightning Network pool.  Shire asked those new to Lightning to download a Lightning wallet from App Store or Google Play Store and to send him a QR invoice. To pay the invoice, Shire scanned the code with his camera, and the Bitcoin Lightning Network did the rest. In the Tweet, Shire said he’d send 1000 sats to as many people as he can be bothered before sleep. OK guys. Sent 76 over the past hour and now I'm tired! Post an invoice and I'm sure other bitcoiners will pick up the tab though pic.twitter.com/dWytGmsjyf — Shire (@ShireHODL) December 5, 2022 Speaking with Cointelegraph, Shire said that he has “sent out about 110 payments of 1000 sats....

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin." Social media users are swirling around rumors that Twitter is looking at introducing its own native asset called “ Twitter Coin” to be used for Payments and tipping on the platform. Some are citing the initial reports from sources such as Nima Owji, who runs an app-focused information leak account on Twitter. On Dec. 4, he posted a screenshot of what appears to be a prototype Twitter interface showing a “Coins” option for tipping, along with a vector image showing a coin bearing Twitter’s logo. #Twitter is working on Coins! pic.twitter.com/67upjUn37D — Nima Owji (@nima_owji) December 3, 2022 Others have pointed to tweets from tech researcher Jane Manchun Wong, who claimed to have extracted code from a specific version of Twitter’s web app to find the same information as Owji, though the post itself and Wong's account have since been deleted for u...

Being able to pay Tips on Twitter via cryptocurrencies is evidently one of the most awaited Features that users are waiting for. After Elon Musk ’s Twitter acquisition, speculations gradually started becoming common. Now, reports suggested that there might be developments taking place in that direction. Work in Progress for Twitter Coin? A day back, Web Developer and App Researcher Nima Owji proclaimed that Twitter was “working” on “coins.” Under the tips option under “Monetization,” there was a logo of a golden Twitter Coin. Let's take a closer look at Twitter Coin! pic.twitter.com/ApryXh80tj — Nima Owji (@nima_owji) December 3, 2022 On Monday, App Researcher Jane Manchun Wong also shared screenshots highlighting the “Tip Settings” and “Coin Placeholder” Features . Wong has tested an array of tech products and new Features on social media platforms like the Edit button for Twitter Blue members....

The massive Twitter takeover by Elon Musk has garnered attention on a global scale. On October 27, 2022, one day before the deadline, Musk completed the transaction by purchasing Twitter for $44 billion. Elon Musk took to Twitter on Friday to announce that the social media giant’s long-delayed “Verified” service will most likely launch next week. Similarly, depending on the type of account, different colored check marks will be issued. In one of his recent tweets, Musk unveiled a slide from a Twitter company talk. Musk unveiled “ Twitter 2.0”, branded as “The Everything App”. Musk also revealed some of the new Features , including encrypted DMs, long-form tweets, the relaunch of blue verified, and payments. Slides from my Twitter company talk pic. Twitter .com/8LLXrwylta — Elon Musk (@elonmusk) November 27, 2022 The payment portion of his tweet has everyone intrigued. This part was left empty, and everyone is anticipa...

Of late, there have been speculations that the founder of now-bankrupt crypto exchange FTX—Sam Bankman-Fried aka SBF—owns a stake in Twitter that’s worth about $100 million. According to a recent report from Semafor, Twitter executive Elon Musk texted SBF in early May inviting him to roll over his public Twitter shares into a stake in the company. The report claimed, “ Bankman-Fried owns a sizable chunk of a now privately held and debt-laden Twitter. And Musk, who has publicly distanced himself from the crypto impresario since FTX failed earlier this month, now counts him as a financial partner in his effort to remake Twitter. “ Bankman-Fried’s philanthropic adviser, Will MacAskill, reportedly texted Musk on March 29— a week before the Tesla exec made his stake public—to suggest “a possible joint effort” between the two billionaires. He told Musk that it would “be easy” for Bankman-Fried to commit u...

With Halloween 2022 almost coming to end, Elon Musk—the current sole director of social media giant Twitter—tweeted a picture of a Shiba Inu dog and a pumpkin. Both the focal subjects in the frame had one thing in common—the Twitter logo. The former wore apparel featuring the blue ‘freed’ bird, while the latter depicted a luminescent version of the same. 😉 pic.twitter.com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 It is a known fact that Elon Musk is fond of cryptos like Dogecoin and Shiba Inu. In fact, he has already given himself the title of “DogeFather” in the past. As expected, the prices of tokens belonging to the meme basket started rallying right after the tweet was posted. Dogecoin’s reaction was outright. As illustrated below, the trend was quite monotonous on the minute chart. However, the same minute the tweet was out, DOGE registered an unconventionally long green candle. It continued risi...

Elon Musk ’s $44 billion Twitter acquisition has been making quite some noise. The speculations about Musk’s upcoming moves and his actual actions were the talk of the town. Amidst this, it was brought to light that Twitter had limited certain employees from accessing internal tools that were utilized for content moderation as well as policy enforcement. JUST IN: Twitter disables employee access to several internal content moderation and enforcement tools, Bloomberg reports. — Watcher.Guru (@WatcherGuru) November 1, 2022 This was done in light of cracking down on the staff’s capacity for governing false information ahead of the US election. It should be noted that during the most recent Brazilian presidential elections, only a select group of individuals had access to police Twitter’s rules. The majority of the staff members of the social media giant are currently prohibited from changing or suspending accounts that violate the rules. These ...

The buzz around Elon Musk and his big Twitter takeover reached every part of the globe. Carrying a sink into the social media giant’s headquarters, Musk said “let that sink in.” This could have certainly been a message to the top executives of the firm who were recently sacked. On October 27, 2022, Musk reportedly sealed the deal concerning his $44 billion Twitter acquisition, a day before the deadline. While several rejoiced the revelation, a majority of them weren’t too happy about Musk’s takeover. This included the upper executive level of Twitter. As per reports, CEO Parag Agrawal, CFO Ned Segal along with Vijaya Gadde who led the legal and policy wing of the firm were fired. It was even brought to light that the CEO, as well as the CFO, was “escorted out” of Twitter headquarters. BREAKING: Elon Musk fires Twitter CEO Parag Agrawal and CFO Ned Segal. — Watcher.Guru (@WatcherGuru) October 28, 2022 Along with these three e...