Twitter Archive - Crypto News Flash https://www.crypto-news-flash.com/tag/twitter-2/ Sun, 05 Feb 2023 19:53:50 +0000 en-US hourly 1 https://www.crypto-news-flash.com/wp-content/uploads/2021/04/cropped-favicon_128-32x32.png Twitter Archive - Crypto News Flash https://www.crypto-news-flash.com/tag/twitter-2/ 32 32 Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model https://www.crypto-news-flash.com/community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model/?utm_source=rss&utm_medium=rss&utm_campaign=community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model Sun, 05 Feb 2023 19:53:50 +0000 https://www.crypto-news-flash.com/?p=234240 Twitter’s new model rollout fuels speculation that payment integration is being accelerated.  Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally.  All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a [...]

Der Beitrag Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model erschien zuerst auf Crypto News Flash.

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  • Twitter’s new model rollout fuels speculation that payment integration is being accelerated. 
  • Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally. 

  • All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a new feature.

    Part of the revenue that is generated from Twitter advertisements will soon be made available to creditors according to Elon Musk’s tweet.

    “Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads.” Elon Musk wrote in a tweet that has sent Twitter users over the moon. No further information has been shared so far, but creators are looking forward to Elon Musk and the Twitter team disclosing what the exact amount will be.

    It’s important to keep in mind that accessibility is limited and exclusive to a select few. “To be eligible, the account must be a subscriber to Twitter Blue Verified,” Slon Musk said in another tweet.

    Elon Musk has also clarified what Twitter users should expect from Twitter blue. Raising concerns about the dangers that could arise from the new development, one Twitter user asked Elon Musk about what happens to accounts that were verified before, then later signed up for Twitter blue, and later unsubscribed.

    Elon Musk who seems to think that Twitter blue cannot be trusted responded to the comment. He’s quoted saying that “Twitter’s legacy Blue Verified is unfortunately deeply corrupted, so will sunset in a few months”

    Dogecoin lovers maintain excitement for the weeks ahead, hoping that Twitter will eventually adopt Doge

    There’s been a collective expression of positivity from a lot of users since Musk made the tweet. The tweet from Musk has elicited several responses from big names.

    The likes of  Mr. Beast and other big personalities are responding positively. Lex Friedman, a well-known crypto podcast host is hopeful too. He anticipates that more important content and less drama will follow as a result.

    Creators are looking forward to the possible advantage that the new model will bring to all Twitter users. For the crypto ecosystem, this is another signal that crypto is on its way to Twitter. Once payment begins to go out to Twitter creators, fiat and other cryptocurrencies, as Elon Musk had mentioned in the past, will be added to Twitter.

    With Elon Musk being a known Dogecoin lover, the Dogecoin community is understandably eager to know when Doge finally becomes a payment option on Twitter.

    Der Beitrag Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model erschien zuerst auf Crypto News Flash.

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    Could Dogecoin become a security if Elon Musk integrates Twitter as a native currency? Lawyer weighs in https://www.crypto-news-flash.com/could-dogecoin-become-a-security-if-elon-musk-integrates-twitter-as-a-native-currency-lawyer-weighs-in/?utm_source=rss&utm_medium=rss&utm_campaign=could-dogecoin-become-a-security-if-elon-musk-integrates-twitter-as-a-native-currency-lawyer-weighs-in Thu, 02 Feb 2023 16:04:24 +0000 https://www.crypto-news-flash.com/?p=233585 There is a chance Dogecoin (DOGE) will feature prominently in the proposed Twitter digital payments. Pro-crypto Attorney John Deaton says Twitter might get in SEC’s crosshairs if DOGE becomes the primary crypto on Twitter. Since the acquisition of Twitter by the social media-savvy billionaire, Elon Musk, there have been claims that the microblogging site is [...]

    Der Beitrag Could Dogecoin become a security if Elon Musk integrates Twitter as a native currency? Lawyer weighs in erschien zuerst auf Crypto News Flash.

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  • There is a chance Dogecoin (DOGE) will feature prominently in the proposed Twitter digital payments.
  • Pro-crypto Attorney John Deaton says Twitter might get in SEC’s crosshairs if DOGE becomes the primary crypto on Twitter.

  • Since the acquisition of Twitter by the social media-savvy billionaire, Elon Musk, there have been claims that the microblogging site is on track to pivot into digital payments. In recent times, the California-based company has reportedly set up a new team to develop the product, and cryptocurrencies are tipped to feature as an integral part of the payment system.

    Considering the fondness Musk has for the most popular memecoin Dogecoin (DOGE), there are insinuations that the digital currency will take a frontline role in the new Twitter feature. Herein lies the dilemma as a pro-crypto lawyer, John Deaton pointed out the likelihood of the company getting into the crosshairs of US regulators.

    Taking to Twitter, Deaton created a hypothetical scenario whereby Twitter eventually secures the approval to offer crypto payments and allowed only Dogecoin. According to the vocal lawyer, this move can notably push the United States Securities and Exchange Commission (SEC) to come after the firm as it might tag DOGE tokens as securities.

    The SEC is known to be quite erratic in how it files lawsuits against players in the digital currency ecosystem. The regulator has been in a legal brawl with blockchain payments firm, Ripple Labs Inc since December 2020. The lawsuit was filed at the time when the former SEC Chairman Jay Clayton was preparing to make his exit from the commission.

    The SEC claimed at the time that Ripple sold XRP coins as unregistered securities and raked in about $1.3 billion in sales at the time.  As the case has evolved over the years, many are now tipping the blockchain payments firm to win the regulator considering the merits of the firm’s arguments.

    Dogecoin: Will Twitter face the same plight as Ripple?

    Considering Elon Musk’s history with the SEC, there is a likelihood that the billionaire investor will do all he can to prevent an additional Dogecoin (DOGE) fueled brawl with the new Twitter company.

    It is worth noting that there are reports the social media platform is losing ad revenue. Notably, it was claimed that the firm’s biggest advertisers pulled out citing the misdirection of the firm’s new content moderation policies. The attempt to diversify its revenue generation models accounts for one of the reasons why Twitter is pivoting into the digital payments sector.

    Based on this, the chances that the firm will rile the regulator by singling out DOGE as the only supported crypto in its payment push is somewhat unlikely. Dogecoin has goodwill in the broader Web3.0 ecosystem and has wide acceptability amongst millions of users. 

    The coin’s use case is generally tagged as a payment utility, supporting it alongside Bitcoin (BTC) and Ethereum (ETH) will strengthen its chances of not crossing regulators’ crosshairs.

    Der Beitrag Could Dogecoin become a security if Elon Musk integrates Twitter as a native currency? Lawyer weighs in erschien zuerst auf Crypto News Flash.

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    Dogecoin-Fan Elon Musk announces new Twitter feature – Can it drive DOGE price? https://www.crypto-news-flash.com/dogecoin-fan-elon-musk-announces-new-twitter-feature-can-it-drive-doge-price/?utm_source=rss&utm_medium=rss&utm_campaign=dogecoin-fan-elon-musk-announces-new-twitter-feature-can-it-drive-doge-price Mon, 23 Jan 2023 13:50:57 +0000 https://www.crypto-news-flash.com/?p=231459 Elon Musk is increasing the price of Twitter Blue subscription to reduce ads for users. There is a positive correlation between this move and how Dogecoin can benefit. Elon Musk, the Chief Executive Officer (CEO) of American electric vehicle giant, Tesla and the new owner of the micro-blogging site, Twitter Inc has announced a new [...]

    Der Beitrag Dogecoin-Fan Elon Musk announces new Twitter feature – Can it drive DOGE price? erschien zuerst auf Crypto News Flash.

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  • Elon Musk is increasing the price of Twitter Blue subscription to reduce ads for users.
  • There is a positive correlation between this move and how Dogecoin can benefit.

  • Elon Musk, the Chief Executive Officer (CEO) of American electric vehicle giant, Tesla and the new owner of the micro-blogging site, Twitter Inc has announced a new Twitter Blue subscription, a move that may have an undertone for the crypto industry’s first memecoin, Dogecoin (DOGE).

    Since Elon Musk took over the ownership of the social media platform, he has introduced a number of initiatives that many proponents of the memecoin believe may turn out to fuel the growth of the coin. According to a tweet shared by Musk on Saturday, the subscription to Twitter Blue may be increased over time and will contain zero ads.

    This will go a long way to cushion the dwindling ad revenue on the social media platform that has recorded an exodus of advertisers since Musk took over. The Twitter Blue subscription currently costs $8 per month and in a bid to bypass the charges usually imposed by the duo of Apple and Google for payments made through their App Stores, Twitter charges an extra $3 for the monthly subscription.

    How Dogecoin can benefit in the long run

    Elon Musk is undoubtedly the biggest supporter of Dogecoin, and it has been very obvious with a series of tweets and jingles to help prop up the price of the cryptocurrency. With plans to change the entire revenue stream of the social media platform, the idea is that the firm will soon incorporate Dogecoin into its payment rails so that the interested subscribers who own the memecoin can make payments through it.

    Dogecoin was designed as a payment token but in its earliest days, its utility was limited to its use as a tipping coin for Twitter or other social media creators. Over the past few years, Dogecoin has increased in its overall relevance with a number of high-profile investors now supporting its accumulation.

    Many more firms and establishments including Mark Cuban’s Dallas Mavericks accept payment for tickets and merchandise in DOGE. Before acquiring Twitter, Elon Musk also ensured that the memecoin is accepted as payment for Tesla products and also billed for embrace by Starlink, further helping to establish the foothold of the coin as a viable payment token.

    Unlike Bitcoin (BTC) and even Ethereum (ETH) serves the same purpose, however, transactions conducted in DOGE take a relatively smaller gas fee when compared to the latter. With the plans to introduce a higher subscription for Twitter Blue, DOGE is on track to benefit immensely when it is finally pitched as a payment option.

    How price might react

    While Dogecoin may be underperforming at the moment when compared to other popular memecoins like Shiba Inu (SHIB) and Bonk (BONK), it has relatively decent volatility that has kept its community relatively well knitted together.

    At the time of writing, DOGE is changing hands at $0.08905, up 3.43 percent over the past 24 hours and by 5.79 percent over the trailing 7-day period. Judging by its previous momentous price leaps, the coin will have a massive upshoot whenever Elon Musk gets to announce its integration as payment for the platform.

    Der Beitrag Dogecoin-Fan Elon Musk announces new Twitter feature – Can it drive DOGE price? erschien zuerst auf Crypto News Flash.

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    Cardano’s Charles Hoskinson or Ethereum’s Vitalik Buterin for new Twitter CEO? Elon Musk should take enough time https://www.crypto-news-flash.com/cardanos-charles-hoskinson-or-ethereums-vitalik-buterin-for-new-twitter-ceo-elon-musk-should-take-enough-time/?utm_source=rss&utm_medium=rss&utm_campaign=cardanos-charles-hoskinson-or-ethereums-vitalik-buterin-for-new-twitter-ceo-elon-musk-should-take-enough-time Sat, 24 Dec 2022 22:57:41 +0000 https://www.crypto-news-flash.com/?p=225002 Vitalik Buterin weighs in on how Musk should select a new CEO for Twitter, following the billionaire’s resignation. Buterin’s opinion has drawn a response from Charles Hoskinson that the crypto community is considering it to be a jab.  Cardano co-founder, Charles Hoskinson, and co-founder of Ethereum, Vitalik Buterin, have both weighed in on Twitter’s search [...]

    Der Beitrag Cardano’s Charles Hoskinson or Ethereum’s Vitalik Buterin for new Twitter CEO? Elon Musk should take enough time erschien zuerst auf Crypto News Flash.

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  • Vitalik Buterin weighs in on how Musk should select a new CEO for Twitter, following the billionaire’s resignation.
  • Buterin’s opinion has drawn a response from Charles Hoskinson that the crypto community is considering it to be a jab. 

  • Cardano co-founder, Charles Hoskinson, and co-founder of Ethereum, Vitalik Buterin, have both weighed in on Twitter’s search for a new CEO.

    Elon Musk stated earlier that he would be stepping down as the CEO of Twitter once he finds a replacement. He announced this after Twitter users voted overwhelmingly in favor of having him step aside from the role.

    Read more: Elon Musk resigns as Twitter CEO – Will it pump Dogecoin price to $0,20?

    In response to Musk’s announcement, Vitalik Buterin makes clear that he is expectant, and that he would love to see who would emerge as Twitter’s new CEO.

    However, he admonished Musk to not “rush the decision too much” while respecting the choice of Twitter users. Buterin added that from his “painful personal experience,” overly hasty executive searches can lead to ruinous results.




    The remark drew a response from  Cardano’s CEO Hoskinson. The IOG CEO stated that Buterin’s comment is funny to him as he thought the same thing.

    Hoskinson’s comment is likely a subliminal jab at Buterin with whom he shares a controversial relationship. For one, Hoskinson has been a proponent of Cardano’s mantra of taking things slow and steady. This is in contrast to sentiments that Buterin has shared about building more practical albeit imperfect solutions to achieve more at a faster rate.

    Similarly, Hoskinson was a co-founder of Ethereum and was briefly its CEO. Misunderstandings between the two about the direction that Ethereum should develop led to them parting ways as Buterin told Times earlier this year. This could also be the “painful personal experience” Buterin is referring to that has drawn Hoskinson’s comment.

    Could either of the crypto leaders become Twitter’s new CEO?

    Hoskinson has often highlighted the differing philosophies between Cardano and Ethereum. Hoskinson recently compared Ethereum to Hotel California and The Shining for its compliance with censorship enforcement stipulated by OFAC. He also opined that there are several flaws in Ethereum’s recent migration to proof-of-stake.




    Meanwhile, despite their addition to the search on who the new CEO of Twitter should be, neither of the crypto personalities has offered themselves to take the role. Similarly, Twitter may not radically shed Musk’s influence after he steps down as CEO. The billionaire says that he will continue to lead Twitter’s software and servers team.

    Musk’s stint as Twitter CEO has seen the platform introduce a number of changes both on the micro-blogging platform and as an enterprise. This has raised hopes in the crypto space that cryptocurrencies may eventually come to play a more significant role on Twitter.

    Der Beitrag Cardano’s Charles Hoskinson or Ethereum’s Vitalik Buterin for new Twitter CEO? Elon Musk should take enough time erschien zuerst auf Crypto News Flash.

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    BREAKING: Twitter adds Bitcoin and Ethereum to the platform – Will the prices explode? https://www.crypto-news-flash.com/breaking-twitter-adds-bitcoin-and-ethereum-to-the-platform-will-the-prices-explode/?utm_source=rss&utm_medium=rss&utm_campaign=breaking-twitter-adds-bitcoin-and-ethereum-to-the-platform-will-the-prices-explode Thu, 22 Dec 2022 14:43:53 +0000 https://www.crypto-news-flash.com/?p=224331 Twitter adds price index data to search results for BTC and ETH with more assets likely to follow.  The integration could drive crypto market prices higher as they boost the space’s popularity.  Twitter has continued to integrate more crypto-related features. The micro-blogging platform now brings up price indexes for searches about popular cryptocurrencies like Bitcoin [...]

    Der Beitrag BREAKING: Twitter adds Bitcoin and Ethereum to the platform – Will the prices explode? erschien zuerst auf Crypto News Flash.

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  • Twitter adds price index data to search results for BTC and ETH with more assets likely to follow. 
  • The integration could drive crypto market prices higher as they boost the space’s popularity. 

  • Twitter has continued to integrate more crypto-related features. The micro-blogging platform now brings up price indexes for searches about popular cryptocurrencies like Bitcoin and Ether.

    Twitter’s Business team announced the feature as an improvement to its existing ‘$cashtags’ feature. The feature also works for popular stock and ETF tickers.

    The $Cashtags feature provides a clickable link that takes users to search results when interacting with tweets that include the tickers of popular financial assets with a ‘$’ symbol in front of them. Twitter Business explains that with the improvement, these search results now include the pricing graph of the asset.

    The team adds that in the coming days it will improve the user experience and expand the number of assets supported. Twitter owner and current CEO Elon Musk called the feature “one of many product improvements coming to financial Twitter.” In his tweet, he also congratulated the team.

    Meanwhile, tests of the feature show that the only cryptocurrency price indexes currently supported are ‘$BTC’ and ‘$ETH.’ Other cryptocurrencies including Elon Musk’s beloved Dogecoin are yet to make the cut.

    Software developer and tech blogger Jane Manchun Wong has pointed out that the price charts are images sourced from charting platform Trading View. The search results for BTC and ETH also provide links to Robinhood for Twitter users to view more about the assets.

    This came as a surprise to the community as Twitter and Robinhood did not announce a partnership. However, the feature is likely to drive traffic to the commission-free multi-asset trading platform. This in turn could be a revenue source for Twitter if an agreement is reached.

    Twitter advancing rapidly with crypto integration under Musk

    The feature is not the first time Twitter has been at the center of exciting crypto-related developments under Musk. Previously, Musk unveiled plans for ‘Twitter 2.0’ that include what the community speculates will be a blockchain-based/ crypto–backed payments solution.

    Musk had also talked about adding DOGE as a payment option accepted for Twitter Blue subscriptions when he first bought shares of the company. Meanwhile, recent findings for Twitter’s code repository show that the company is working on a feature called ‘Coins.’ Rumors making the rounds indicate that this is likely its cryptocurrency and fiat payments solutions.

    Nonetheless, the latest improvement to $Cashtags could see the price of BTC and ETH gain more ground. At press time, BTC was trading at around $16,860, up 0.1% in the last 24 hours. ETH was similarly up 0.32% in the last 24 hours, trading at around $1,220.

    Der Beitrag BREAKING: Twitter adds Bitcoin and Ethereum to the platform – Will the prices explode? erschien zuerst auf Crypto News Flash.

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    Elon Musk resigns as Twitter CEO – Will it pump Dogecoin price to $0,20? https://www.crypto-news-flash.com/elon-musk-resigns-as-twitter-ceo-will-it-pump-dogecoin-price-to-020/?utm_source=rss&utm_medium=rss&utm_campaign=elon-musk-resigns-as-twitter-ceo-will-it-pump-dogecoin-price-to-020 Wed, 21 Dec 2022 15:27:38 +0000 https://www.crypto-news-flash.com/?p=224137 Elon decides he is stepping down as Twitter CEO following users polling to have him leave the position.  The move could have an impact on the price of Dogecoin (DOGE).  Twitter owner Elon Musk has reached a decision to step down as the chief executive of the social media company. The move could have a [...]

    Der Beitrag Elon Musk resigns as Twitter CEO – Will it pump Dogecoin price to $0,20? erschien zuerst auf Crypto News Flash.

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  • Elon decides he is stepping down as Twitter CEO following users polling to have him leave the position. 
  • The move could have an impact on the price of Dogecoin (DOGE). 

  • Twitter owner Elon Musk has reached a decision to step down as the chief executive of the social media company. The move could have a marked impact on the price of Dogecoin (DOGE).

    The billionaire stated in a tweet that he will step down and only run the software and server teams of the platform. However, this will only be after he finds someone to take on the CEO role.

    His decision came after Twitter users voted for him to step down as Twitter CEO. Exactly 57 percent of over 17 million participants in a poll Musk carried out to help him decide voted yes to have him step down as Twitter CEO.

    The price of Dogecoin (DOGE) has reacted to Musk’s announcement, in a way. The memecoin, which is very responsive to Musk’s actions, has plunged 1.58 percent in the last 24 hours, changing hands at $0.073 at press time.

    Before now, the DOGE community was rife with speculations that the cryptocurrency project would get integrated as the native crypto of Twitter. With Musk’s influence at the helm, the community anticipated that Twitter’s move to make payments a core part of its operations would involve DOGE. DOGE supporters also expected Twitter to accept DOGE payments for Twitter Blue subscriptions.

    Musk’s latest decision may see these hopes shelved. But they may not be completely dispelled as Musk will still play a key role at Twitter as head of the software and servers teams.

    Also Read| Elon Musk to be replaced by Edward Snowden as Twitter CEO with a salary in Bitcoin – Will Dogecoin fall?

    Musk’s reign at Twitter continues to be controversial.

    Musk has owned Twitter for close to two months after completing its purchase in November. During that time, his impact on the platform has been massive and highly controversial.

    He started his management by letting go of thousands of Twitter employees that could not meet his strict ultimatums. Musk has also introduced changes around content moderation and user verification that have been the talk of both his critics and supporters on the platform.

    Musk introduced $8 payments for subscriptions to Twitter Blue. However, the product which gives subscribers a Blue verification check mark was suspended after it fuelled a spree of impersonation that caused real-world damages in some cases.

    Read more| IOTA can help solve blue verification badge issue from Twitter for millions of people

    Similarly controversial is his revisiting of the Hunter Biden “Twitter files” saga. Under Musk, Twitter has been releasing the files of the case which were suppressed back in 2020.

    Der Beitrag Elon Musk resigns as Twitter CEO – Will it pump Dogecoin price to $0,20? erschien zuerst auf Crypto News Flash.

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    Vitalik Buterin: Ethereum will beat Facebook, Google and Twitter – Will it drive price to $10k? https://www.crypto-news-flash.com/vitalik-buterin-ethereum-will-beat-facebook-google-and-twitter-will-it-drive-price-to-10k/?utm_source=rss&utm_medium=rss&utm_campaign=vitalik-buterin-ethereum-will-beat-facebook-google-and-twitter-will-it-drive-price-to-10k Tue, 20 Dec 2022 13:34:13 +0000 https://www.crypto-news-flash.com/?p=223731 Ethereum co-founder Vitalik Buterin considers logging in online with Ethereum to be a massive adoption-driving opportunity.  According to Buterin, if done right, the option can overthrow similar solutions from centralized platforms like Facebook, Google, and Twitter.  Ethereum co-founder Vitalik Buterin has highlighted opportunities the network can explore massively in 2023. Per Buterin, Ethereum can dethrone [...]

    Der Beitrag Vitalik Buterin: Ethereum will beat Facebook, Google and Twitter – Will it drive price to $10k? erschien zuerst auf Crypto News Flash.

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  • Ethereum co-founder Vitalik Buterin considers logging in online with Ethereum to be a massive adoption-driving opportunity. 
  • According to Buterin, if done right, the option can overthrow similar solutions from centralized platforms like Facebook, Google, and Twitter. 

  • Ethereum co-founder Vitalik Buterin has highlighted opportunities the network can explore massively in 2023. Per Buterin, Ethereum can dethrone centralized monopolies like Facebook, Google, and Twitter as the default login gateway of the internet.

    Buterin stated this in an interview with the co-owner of crypto-focused media platform Bankless, David Hoffman. Hoffman raised concern that at present fewer opportunities remain for developers to build new decentralized applications. Hoffman also noted that the decentralized applications’ “adoption wave” was fizzling out.

    In response, Buterin shrugged off the concern, maintaining that the space is just in a “limbo period.” He stated:

    “If you can get signed in with Ethereum to work and if you can unseat Facebook and Google and Twitter as the login overlords of the internet, that itself is a huge opportunity, right?”

    He went on to add that other massive opportunities also remain unexplored. This includes a “stablecoin that can actually survive anything up to, and including a U.S. dollar hyperinflation.” Buterin notes that such stablecoins will offer a lifeline to everyone experiencing hyperinflation globally.

    Additionally, Buterin suggested that massive opportunities exist in making crypto wallets easier to use. If developers can make a wallet billions of people can use, “that’s a huge opportunity” Buterin mused.

    Regardless, Buterin still conceded that the market’s maturation and increasing competition make opportunities to fill market gaps less obvious.

    ETH poised for new price highs?

    The interview is not the first time Buterin has shared insights into the future direction that the crypto industry should focus on. Earlier this month, he opined that blockchain-based decentralized identity (DID) and hybrid applications pose massive opportunities for Ethereum to conquer.

    Buterin had also previously weighed in on the FTX collapse. He advised market participants to consider the level of human influence over a protocol when investing. According to Buterin, investors should put more trust in open and transparent code than humans.

    Buterin’s suggestions to the market, if followed, could drive ETH to new price highs and probably help the network flip Bitcoin. This is because they all drive more adoption of the Ethereum blockchain network and give ETH more utility.

    In contrast, some market pundits, including a CryptoQuant analyst, fear that ETH may be in for price volatility in 2023. This is due to the announcement that the network will implement the Shanghai hardfork in March next year.

    The upgrade will allow stakers and validators to withdraw their staked ETH from the Beacon Chain. At press time, ETH was trading at around $1,209, up 2.26 percent in the last 24 hours.

    Der Beitrag Vitalik Buterin: Ethereum will beat Facebook, Google and Twitter – Will it drive price to $10k? erschien zuerst auf Crypto News Flash.

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    Elon Musk to build payment app to compete with PayPal – Will Dogecoin be the native currency? https://www.crypto-news-flash.com/elon-musk-to-build-payment-app-to-compete-with-paypal-will-dogecoin-be-the-native-currency/?utm_source=rss&utm_medium=rss&utm_campaign=elon-musk-to-build-payment-app-to-compete-with-paypal-will-dogecoin-be-the-native-currency Thu, 15 Dec 2022 15:42:55 +0000 https://www.crypto-news-flash.com/?p=222501 The billionaire wants to integrate payment solutions on Twitter to rival PayPal weeks after he acquired the social media platform. Elon Musk’s Twitter acquisition sparked an uptrend in DOGE’s price as many predict that the token will play a critical role in his new company. After acquiring Twitter following a long-drawn process, the CEO of [...]

    Der Beitrag Elon Musk to build payment app to compete with PayPal – Will Dogecoin be the native currency? erschien zuerst auf Crypto News Flash.

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  • The billionaire wants to integrate payment solutions on Twitter to rival PayPal weeks after he acquired the social media platform.
  • Elon Musk’s Twitter acquisition sparked an uptrend in DOGE’s price as many predict that the token will play a critical role in his new company.

  • After acquiring Twitter following a long-drawn process, the CEO of Tesla, Elon Musk, recently hinted at breaking PayPal’s domination in the digital payment ecosystem. The billionaire is working on a payment solution to rival all of PayPal’s features. In a Tweet response, the tech entrepreneur hinted at a possible payment solution that the microblogging site is considering.

     

    Accordingly, the new Twitter owner noted that users could send and receive money on social media once completed. However, the new move would involve using conventional banks, as users will have to transfer the funds to confirmed accounts. In addition, the new system will come with a high-yield money market account to incentivize users to deposit their funds with Twitter.

    According to Musk, the updated blue tick subscription is designed to support the creator ecosystem, as the paid verification would signal the development of a payment system on Twitter. With the paid verification mechanism, the billionaire noted that payments on Twitter would be secure and devoid of fraud. In addition, Twitter Blue users are required to sign up for a credit or debit card if they have none.

    When completed, the platform will process their payments through the in-app purchase system, which will reflect on their balances. Furthermore, the Twitter owner discussed the scalability of the new payment system by describing how users could transfer their cash at any given time. Twitter could also make a small donation to account holders to prompt them to make further deposits and transfers.

    Related: Dogecoin will become currency of Twitter and the ‘X-App’ – Turkey is convinced

    Speaking about PayPal, Musk described the digital payment platform as a “Black Magic” enterprise, which he likened to the British television program “Black Mirror.” The Tesla owner stated that PayPal typifies a dystopian entity with its rigid control over how users utilize its platform. Interestingly, Musk was not alone in his assessment of PayPal, as other former executives criticized the payment form for its discrediting actions.

    One of the former executives of PayPal regarded the increasing freezing of funds as totalitarian. PayPal has been under the spotlight recently after its controversial introduction of a $2,500 fine in October. The penalty, according to the payment company, is targeted at users who share risky contents that promote misinformation to other users.

    Will DOGE become the new Twitter token?

    Elon Musk’s Twitter acquisition sparked an uptrend in the price of the digital meme currency, Dogecoin, as many predict that the token will play a critical role in his new company. As the most visible and vocal supporter of the canine cryptocurrency, Musk holds the key to Dogecoin’s revival, which has continued to lag behind its rival, Shiba Inu.

    However, the new move to integrate payment solutions into Twitter has generated heightened expectations in the Dogecoin community. With a new payment plan to rival PayPal, Musk can pull another magic ace up his sleeve and make Dogecoin its native token.

    Der Beitrag Elon Musk to build payment app to compete with PayPal – Will Dogecoin be the native currency? erschien zuerst auf Crypto News Flash.

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    DOGE: Elon Musk warns employees to disclose sensitive information – Can it pump Dogecoin price? https://www.crypto-news-flash.com/doge-elon-musk-warns-employees-to-disclose-sensitive-information-can-it-pump-dogecoin-price/?utm_source=rss&utm_medium=rss&utm_campaign=doge-elon-musk-warns-employees-to-disclose-sensitive-information-can-it-pump-dogecoin-price Mon, 12 Dec 2022 14:58:28 +0000 https://www.crypto-news-flash.com/?p=221552 Elon Musk says Twitter staff would face lawsuits if they leak confidential company information to the media. The CEO instructed Twitter staff to keep information within and gave an ultimatum for staff to agree or be fired. Twitter CEO Elon Musk has warned staff not to share confidential information with the media or other public [...]

    Der Beitrag DOGE: Elon Musk warns employees to disclose sensitive information – Can it pump Dogecoin price? erschien zuerst auf Crypto News Flash.

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  • Elon Musk says Twitter staff would face lawsuits if they leak confidential company information to the media.
  • The CEO instructed Twitter staff to keep information within and gave an ultimatum for staff to agree or be fired.

  • Twitter CEO Elon Musk has warned staff not to share confidential information with the media or other public platforms. In addition to making this a rule, Musk has threatened to bring legal action against any staff who defaults.

    In an email to employees, Twitter’s ‘Chief Twit’ said that sharing private information is a clear violation of the Non-Disclosure Agreement (NDA) employees signed upon employment. According to reports, Musk’s email states that he believes doing this is against the company’s best interest. The CEO reportedly gave staff until 5 pm on Saturday to respond that they understand the rule. It is assumed that Musk might fire anyone who doesn’t provide their pledge in a reply. According to the email as reported by Journalist Zoë Schiffer:

    “This will be said only once: If you clearly and deliberately violate the NDA that you signed when you joined, you accept liability to the full extent of the law & Twitter will immediately seek damages.”

    The recent occurrence is the second ultimatum Musk is issuing to staff since taking over affairs. Last month, the CEO asked staff to either become “extremely hardcore” as part of the “new Twitter,” or leave the company. Musk had also added that staying at “Twitter 2.0” will involve “working long hours at high intensity” to deliver “exceptional” performance. Following the ultimatum, hundreds of employees willingly chose to leave with severance pay.

    Will Musk’s New Rule Affect DOGE?

    Perhaps one of the information leaks that informed Musk’s recent ultimatum is news about the Twitter Coin. According to researchers on Twitter, Musk’s team is designing a Twitter Coin to be used for payments and tips on the platform. The news also set conversations about Dogecoin (DOGE) in motion, focusing on whether or not Twitter Coin would rival DOGE. In some quarters, enthusiasts considered that the Twitter Coin would turn out to be another name for DOGE.

    Whether or not the Twitter Coin is DOGE, keeping the lid tightly shut could swing either way for DOGE. For instance, the initial rumor about a Twitter Coin was bearish for DOGE as the meme coin fell by 14%. Since then, DOGE has struggled to climb the $0.1 mark. This suggests that news about a DOGE rival, whether confirmed or not, might cause further plunges in DOGE’s value.

    According to screenshots from researchers who leaked the Twitter Coin, Twitter will likely announce support for multiple assets. If there are no more leaks until official support for Twitter Coin and DOGE, prices could pump to its all-time high or higher. However, whether or not any more news leaks, an eventual launch for Twitter Coin and not DOGE could be extremely bearish for the dog-themed crypto.

     

    Der Beitrag DOGE: Elon Musk warns employees to disclose sensitive information – Can it pump Dogecoin price? erschien zuerst auf Crypto News Flash.

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    Is The ‘Twitter Coin’ Dogecoin’s Biggest Competitor? Elon Musk To Drive DOGE To $2 https://www.crypto-news-flash.com/is-the-twitter-coin-dogecoins-biggest-competitor-elon-musk-to-drive-doge-to-2/?utm_source=rss&utm_medium=rss&utm_campaign=is-the-twitter-coin-dogecoins-biggest-competitor-elon-musk-to-drive-doge-to-2 Fri, 09 Dec 2022 14:01:38 +0000 https://www.crypto-news-flash.com/?p=221090 The Twitter team could be working on its own native coin No official report has been released but the rumor is very likely to be true Elon Musk may be working on a new cryptocurrency to rival Dogecoin (DOGE) and Bitcoin (BTC) at least on Twitter. According to tech news on social media, there are [...]

    Der Beitrag Is The ‘Twitter Coin’ Dogecoin’s Biggest Competitor? Elon Musk To Drive DOGE To $2 erschien zuerst auf Crypto News Flash.

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  • The Twitter team could be working on its own native coin
  • No official report has been released but the rumor is very likely to be true

  • Elon Musk may be working on a new cryptocurrency to rival Dogecoin (DOGE) and Bitcoin (BTC) at least on Twitter. According to tech news on social media, there are rumors that the Twitter team is developing a ‘Twitter Coin’ for payments and tips on the social media platform.

    Nima Owji, a Twitter account that posts unreleased details about upcoming tech features from tech companies, posted a tweet with the caption, “Twitter is working on Coins!” The tweet also included two images showing an option to use coins for Twitter’s “Tips” feature. In a follow-up tweet, the account posted an image of the proposed Twitter Coin. 

     

    Another account that leaks tech features also posted information that corroborates Owji’s post. Blogger and researcher Jane Manchun Wong posted similar tweets but deleted her account shortly after, only to reactivate it later. Speaking to The Block, Wong confirmed that “there is little information out there as to what this is exactly.” 

    Neither Twitter nor ‘Chief Twit’ Elon Musk has confirmed the rumors about a Twitter Coin. Regardless, Musk is a well-known crypto enthusiast who has repeatedly offered public support for crypto, especially Dogecoin. In a recent Twitter Spaces discussion, Musk confirmed his interest in enabling crypto payment support on Twitter:

    “It is kind of a no-brainer for Twitter to have payments, both fiat and crypto.”

    Will Twitter Coin Compete with DOGE?

    Due to Musk’s soft spot for Dogecoin, many have long thought that any crypto support launched on Twitter will at least support DOGE payments, whether exclusively or along with other cryptocurrencies. However, the possibility of a Twitter Coin may be direct competition for DOGE even if Twitter announces support for both cryptocurrencies. This is because shortly after the tweets suggesting a Twitter Coin, the price of DOGE plunged 14%, dropping below $0.1. As of press time, CoinMarketCap data shows DOGE trading at $0.09827.

    Speculators have suggested that Twitter Coin might be a codename for DOGE instead of a new cryptocurrency built from scratch. If this happens, consequent Dogecoin activity could pump its price to a new all-time high, much higher than the $0.682 recorded in May 2021.

    DOGE enthusiasts are likely hoping that Twitter will announce official support for the meme coin. A few days after Musk officially took over Twitter, DOGE pumped to $0.16 from $0.07. Although an Elon Musk tweet did not directly influence this spike, as has happened many times, Musk’s preference for DOGE likely gave enthusiasts something to hope for. In 2021 Musk described Dogecoin as “the people’s crypto.”

    Enthusiasts may also be hopeful for DOGE support on Twitter because Tesla also accepts the meme coin. In January 2022, Tesla – also headed by Elon Musk – began accepting Dogecoin payments as the only alternative to fiat. Whether or not the Twitter Coin is a standalone asset, DOGE will likely pump considerably if Twitter officially allows tips and payments via the dog-themed crypto.

     

    Der Beitrag Is The ‘Twitter Coin’ Dogecoin’s Biggest Competitor? Elon Musk To Drive DOGE To $2 erschien zuerst auf Crypto News Flash.

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