Business

Crypto Payments On Twitter Could Soon Be A Reality: Influential Trading Group 

Crypto Payments On Twitter Could Soon Be A Reality: Influential Trading Group  thumbnail
  • Crypto Rand Investment Group shares a list of potential changes that Musk could integrate after Twitter’s acquisition.
  • The group shared that Elon Musk could also incorporate a crypto payment feature on Twitter in a bid to transform the microblogging social network.

The crypto market is ablaze with new assumptions and opinions after Tesla’s CEO, Elon Musk, announced his decision to renew his Twitter buyout deal. With the proposition back on track, Crypto Twitter is full of sentiments and ideas about what the new Twitter should be like under the supervision of Tesla Chief Elon Musk.

In this wake, Crypto Rand Investment Group shared what the firm actively expects Musk to alter or rectify if the deal fructifies sometime in the near future.

Investment Group Crypto Rand Shares Its Vision Of What The New Twitter Should Look Like Under Musk’s Supervision

The Crypto Rand Group took to Twitter to share a list of new changes that the Tesla chief may introduce if the Musk-Twitter buyout deal is finalised in the near future. According to the firm, Musk could also introduce crypto payments on Twitter, which may bolster the sector to a whole new level.

Elon Musk had previously announced his decision to integrate Dogecoin payments into Twitter Blue. The firm further shared that Musk could also experiment with the general structure of the microblogging site and may introduce an edit button to allow users to edit their already published tweets.

Notably, Twitter Blue has already started exploring ways to introduce the edit button, which currently seems to be in the early testing phase.

READ:  Crypto Thieves Exploit Blockchain Bridges to Snatch $100Mn From Binance-linked network

hello

this is a test to make sure the edit button works, we’ll let you know how it goes

— Twitter Blue (@TwitterBlue) September 29, 2022

The firm further shared how Elon Musk could also be working towards weeding out rampant crypto bots. While attending a TED talk in April, Musk acknowledged the growing issue of rife crypto bots on Twitter and expressed his desire to eliminate crypto bots on Twitter.

“If I had a dogecoin for every crypto scam I saw, we’d have 100 billion dogecoins.” “A top priority I would have is to eliminate the spam and scam bots and the bot armies that are on Twitter”

Elon Musk Renews His Twitter Buyout Deal 

Elon Musk, the CEO of Tesla Motors, made a surprising revelation on Tuesday.

Musk actively announced his decision to renew his Twitter buyout deal, which had earlier gone awry due to Twitter’s failing to disclose the crypto bot information requested by Musk.

The Tesla chief is once again keen on acquiring Twitter and has proposed a $44 billion deal to proceed with the acquisition. In response to recent developments, Twitter issued a counter statement, adding that it intends to close the transactions at $54.20 per share after receiving the letter from Musk. Notably, Twitter’s stock reacted favourably to the news, trading at $52 after surging as much as 20%.

In addition, meme-inspired cryptocurrency Dogecoin also surged past 6% on Wednesday when Musk unveiled his intention to purchase Twitter again. At press time, Dogecoin is up 1.96% and is sitting at $0.06409.

Musk further tweeted how Twitter’s acquisition could help in accelerating the development of “X,” which has been described as an “everything app” by the SpaceX CEO.

READ:  Bitcoin, Ethereum, and Altcoins Trying to Recover

Buying Twitter is an accelerant to creating X, the everything app

— Elon Musk (@elonmusk) October 4, 2022

Read More

Learn More: business analyst salary, business synonym, business administration jobs, business near me, business hours, business development manager salary, my business course, business in spanish, business headshots, business first, business unit, business brokers near me, dbusiness, 2 business days, is business administration a good major, business horizons, 7 business days, business knowledge, business use case.

Leave a Reply

Your email address will not be published. Required fields are marked *