Elon Musk Tweet Spurs 7% Aptos Price Surge
The price of Aptos (APT) rallied by 7.4% in less than a minute following a tweet by Twitter CEO Elon Musk that referenced "AI APT OTT!" However, "APT" in this context referred to Advanced Persistent Threats, not the Aptos token, and the price retraced after Musk deleted the tweet an hour later. This is not the first time Musk or associated companies have moved crypto markets, as seen with Twitter changing its logo to the Shina Inu dog representing dogecoin, sending that memecoin surging. Despite the retracement, Aptos remains up by 8.2% over the past 24 hours, following gains for much of the altcoin market after Ethereum's successful Shanghai upgrade.
Twitter Launches Way for Users to Charge for Access to Their Content
Twitter is allowing users to charge for access to their content, “from longform text to hours-long video,” owner Elon Musk said in a post on the site Thursday.
Dogecoin Emerges as Top Performer Among Top 20 Cryptocurrencies With Help from Elon Musk's Influence
Dogecoin (DOGE), the original meme cryptocurrency, is currently the best performing digital asset in the top 20 cryptocurrencies list. DOGE is currently trading at $0.088, up over 6% in the last 24 hours, according to CoinGecko.
Crypto Evening Briefing: Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance
Twitter users will be able to access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.
Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move
Dogecoin has risen 5.89% following Twitter's deal with eToro to offer crypto trading. Twitter CEO Elon Musk has often touted dogecoin as one of his favorite cryptocurrencies, dedicating a segment to it on an appearance on Saturday Night Live in 2021. Twitter also briefly changed its logo to the dogecoin logo last week to spur a rally that gained as much as 37% for some traders. The popular meme coin had previously slumped by 22.64% as the hype surrounding Twitter's logo change subsided. It is currently trading at $0.0877.
Musk Offers 1M Dogecoin for Proof of Emerald Mine Ownership
Elon Musk, the founder of SpaceX and CEO of Twitter, has offered a 1 million Dogecoin (DOGE) reward to anyone who can provide evidence to the widely circulated claims that he owns an Emerald mine. The recent disclosure is part of Musk's efforts to demonstrate his advocacy for DOGE every chance he gets. Musk revealed this bounty in a recent tweet and aimed to demonstrate his unwavering advocacy for Dogecoin while expressing his confidence that he does not own the mine. The recent bounty demonstrates Musk's readiness to express his Dogecoin advocacy when the opportunity presents itself.
Musk Says Twitter Could Become Cash-Flow Positive This Quarter
Elon Musk declared that most of the advertisers who abandoned Twitter after his $44 billion acquisition have returned, and said the company could become cash-flow positive as soon as this quarter.
Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO
Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.
Twitter Will Be Added to Dogecoin Ponzi Scheme Litigation If Elon Musk Cannot Get Case Dismissed
Twitter may be added as a defendant in a class action lawsuit alleging that dogecoin is a Ponzi scheme being manipulated by Elon Musk, according to a lawyer in the case. Although Musk had been named personally as a defendant, Twitter itself has not yet been sued, but Musk's recent antics, including changing Twitter's logo to that of a shiba inu dog, could drag the social media platform into the case. The case was brought by investors who lost money when the price of dogecoin collapsed between 2019 and 2021, after Musk appeared to stop supporting the memecoin.
Elon Musk Reportedly Buys Thousands of GPUs for Twitter AI Project
Elon Musk, CEO of SpaceX, Tesla, and Twitter, has reportedly purchased nearly 10,000 graphics processing units (GPUs) for an artificial intelligence (AI) project at Twitter, according to anonymous sources familiar with the company. The sources said the project is in its early stages and works with a large language model (LLM), but the definite role of generative AI at Twitter is still not totally clear. Musk has previously expressed concerns about the risks of AI and recently signed an open letter with thousands of other researchers in the tech space to temporarily halt the development of AI due to risk for humanity.
