Tagged: elon musk

Here is Twitter Payments Filing

Twitter’s filing with FINCEN (the US Department of Treasury, Financial Crimes Enforcement Network), has surfaced in the agency’s database. According to the filing, Twitter Payments, LLC has filed to become a Money Transmitter in all 50 states and territories. Twitter Payments joins over 25,000 Money… Read More

Kåre Kjelstrøm: CTO at Concordium Explains How Blockchain Tech May Enhance Social Media Platforms

We recently connected with Kåre Kjelstrøm, Chief Technology Officer at layer-1 blockchain company Concordium. Kåre, who has an MS in Computer Science from the University of Aarhus, Denmark, is leading the development of Concordium’s blockchain platform – which embeds encrypted ID into on-chain transactions in… Read More

Coinbase Pauses Hiring, Rescinds Job Offers as Economic Reality Hits Home

Not too long ago, Coinbase (NASDAQ:COIN) announced it had paused hiring. Yesterday, Coinbase announced that it was extending the hiring freeze while rescinding certain “accepted offers” for an undisclosed number of new employees. Coinbase is not the only Fintech that is eyeing the current economic malaise… Read More

Binance Commits $500 Million to Elon Musk’s Twitter Acquisition Plans

  Binance, the world’s largest crypto exchange, is part of a long list of big investors who have committed capital to Elon Musk’s acquisition of Twitter (NYSE:TWTR). According to a filing with the Securities and Exchange Commission (SEC), Binance has promised $500 million in equity… Read More

Twitter Employees Said to be Upset with Elon Musk’s Acquisition

This is kind of interesting. Talmon Joseph Smith, an NYTimes.com economic reporter, is Tweeting that at least some Twitter  (NYSE:TWTR) employees are struggling with Elon Musk’s purchase of the social media company. Quoting internal slack discussions, at least one employee said they “feel like im… Read More

Twitter Accepts Elon Musk’s Offer, Company to be Sold for $54.20 a Share, $44 Billion

Twitter, Inc. (NYSE:TWTR) has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion, according to a statement by the company. The news ended several weeks of posturing by both sides following the news… Read More

Elon Musk Provides Details on Financing to Acquire Twitter, Board Says it will Review Offer

According to a filing submitted to the Securities and Exchange Commission (SEC), Elon Musk has provided details on how an acquisition of Twitter (NASDAQ:TWTR) will be financed. The document outlines the specifics of the deal: A debt commitment letter, dated April 20, 2022, from Morgan… Read More

Elon Musk Moves to Acquire Twitter for $54.20 a Share

Elon Musk, the richest individual in the world, has filed a statement with the Securities and Exchange Commission indicating his intent to acquire Twitter (NYSE:TWTR). Shares jumped higher in early trading on the news. The Schedule 13D filing states: “On April 13, 2022, the Reporting… Read More

Bitcoin #1 on Social Media’s Top 10 Most Popular Cryptocurrencies List

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

Elon Musk Juices Dogecoin with Tweet

Elon Musk is once again impacting crypto markets with a Tweet. Musk indicated that Tesla may be testing Dogecoin as an accepted currency for some “merch.”   Tesla will make some merch buyable with Doge & see how it goes — Elon Musk (@elonmusk) December… Read More

Security Token Market Releases Tokenized Stock Arbitrage Report for October 2021

The team at Security Token Market (STM), which is focused on supporting blockchain-based security tokens, has released their Tokenized Stock Arbitrage Report for October 2021. As noted in the report from STM, FTX has seen “record-high” trading volumes. It’s been an “electric month” for tokenized… Read More

Bitcoin Movement Encouraging: Analyst

Bitcoin’s recent movements are encouraging, GlobalBlock sales trader Marcus Sotiriou said in a recent note to investors. Sotiriou said Bitcoin has closed its first decisive week above the 20-week moving average and the 21-week EMA for the first time since it was around $57,000. It… Read More

DogeCoin (DOGE) Now Being Covered by Blockchain Analysis Firm Chainalysis due to Rising Demand

Blockchain analysis firm Chainalysis is pleased to confirm that they now cover the world’s “premiere” memecoin: Dogecoin (DOGE). Once considered “nothing more than a light-hearted joke,” Dogecoin has become one of the “world’s most popular crypto assets, thanks in part to cheerleaders like Elon Musk… Read More

Musk, Dorsey, Wood Support to Return Bitcoin to Previous Highs: Green

Bitcoin will return to its previous highs before 2022 thanks in part to more muted support from notable advocates like Elon Musk, Jack Dorsey and Cathie Wood, deVere Group CEO Nigel Green believes. At the July 20 B Word Conference, Musk, Dorsey, and Wood reportedly… Read More

Bitcoin Records its Weakest Second Quarter Ever, and One of the Weakest Since 2011: Report

The team at NYDIG, a financial services and technology company dedicated to Bitcoin, has taken a look back at the second quarter and the events that “shaped it,” as well as looking forward to key events in the foreseeable future. The report from NYDIG acknowledges… Read More

Musk tweets of accepting green Bitcoin for buying Tesla cars

Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), has once again tweeted concerning Bitcoin. Musk said that his company would resume accepting Bitcoins for its electric car transaction only if the cryptocurrency is mined using renewable energy. Musk’s tweet on Sunday, however, failed to lift… Read More

New Crypto Market Entrants After Tesla’s $1.5B BTC Purchase May Have Sold their Bitcoin Holdings to Stronger Hands: Report

Nate Maddrey and the Coin Metrics research team notes that during the past two weeks, crypto was hit by a “double tsunami” of seemingly negative news. Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk announced that Tesla would no longer be taking Bitcoin payments while adding… Read More

Bitcoin Mining Operators in N. America Agree in Meeting with Elon Musk to Form Council to Promote Energy Usage Transparency

Michael Saylor, Founder at CEO at MicroStrategy (NASDAQ: MSTR), a business intelligence firm that has invested heavily in Bitcoin (BTC) in order to strengthen its corporate treasury, has revealed that he recently hosted a meeting between Telsa and SpaceX CEO Elon Musk and the leading… Read More

Bitcoin Mining Revenue Declines due to Greater Target Hashrate, Higher TX Fees, Lower BTC Spot Price: Report

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, has published their Weekly Hash Report (dated 5/17/2021). As mentioned in BitOoda‘s report, Bitcoin (BTC) “sold off 21% to $46,023 as of 5/16… Read More

Bitcoin Price Decline Not Completely due to Elon Musk’s Tweets, as Crypto Investors Turn to Small Cap Altcoins: Report

Nate Maddrey and the Coin Metrics team have noted in their latest State of the Network Report that after Elon Musk helped drive the Bitcoin (BTC) price to around $60,000 (three months back), he’s now managed to send the volatile digital currency markets in the opposite… Read More

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