Crypto Twitter
Dogecoin Jumps Amid Hopes Token Plays Larger Role in X Platform Rebrand
Dogecoin (DOGE) rose for the second straight day as speculations of the memecoin playing a bigger role on the newly-rebranded X platform, fuelled the rally. Futures traders lost nearly $10 million betting on and against dogecoin’s price movements, Coinglass data shows. "The Hash" panel discusses the latest price action in the meme economy.
Elon Musk Proposes to Proceed With Twitter Acquisition: Report
Tesla CEO Elon Musk has proposed moving forward with his on-again/off-again purchase agreement for Twitter at $54.20 per share, according to Bloomberg. The report comes just weeks before Elon Musk and Twitter are set to go to trial over Musk breaking off the deal.
AVAX Falls After Self-Described Whistleblower Alleges Avalanche Weaponized Litigation Against Rivals
AVAX token dropped to its lowest level since July 13 on Monday after self-described "whistleblower" website Crypto Leaks accused Ava Labs, the company behind its parent smart-contract blockchain Avalanche, of paying lawyers to hurt competitors and keep regulators at bay. Emin Gün Sirer, Ava Labs founder and CEO, dismissed the piece as "conspiracy theory nonsense."
Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern
Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Aave’s Decentralized Social Media Platform Arrives on Polygon
DeFi lender Aave’s long-teased decentralized social media platform, Lens Protocol, is going live on the Polygon blockchain mainnet. Weeks ago, Aave founder Stani Kulechov was temporarily suspended from Twitter for proclaiming himself “interim CEO of Twitter.” “The Hash” team discusses the timing and the possible outcomes.
Nayib Bukele Announces 44 Countries to Meet in El Salvador to Discuss Bitcoin
El Salvador president Nayib Bukele said on Twitter 44 countries will meet in the country on Monday to discuss “financial inclusion, digital economy, banking the unbanked, the Bitcoin rollout and its benefits.”
Elon Musk Accuses the SEC of Harassment on Free Speech
Tesla CEO Elon Musk accused the U.S. Securities and Exchange Commission of harassment in a calculated effort to “chill” his right to free speech. The SEC closely watches the billionaire’s Twitter account with the concern he is manipulating the stock of Tesla.
Ethereum Name Service Removes Core Team Member Brantly Millegan Over 2016 Tweet
The Ethereum Name Service (ENS) community voted to remove Brantly Millegan as a steward after his tweet from 2016 resurfaced. Millegan will also be removed as director of operations from True Names Ltd, the ENS DAO’s corresponding legal entity.