Musk on Crypto Twitter’s ‘Most Annoying Problem,’ Bored Ape NFTs, Mt Gox Bitc...
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a deep dive into the world of Bored Ape Yacht Club NFT gains, a pile of bitcoins connected to Mt Gox still shrouded in mystery, and tax developments in Indonesia. Without further ado, this is the Bitcoin.com News Week in Review. Elon Musk....
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Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on Twitter.”
Elon Musk Joins Twitter’s Board of Directors
After disclosing Monday that he has taken a 9.2% stake in Twitter Inc., Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors, according to the social....
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social media this morning when he changed his profile photo to a collage picture featuring multiple Bored Apes nonfungible tokens (NFTs).Musk's Twitter avatar as of Wednesday shows a picture featuring a collection of Bored Apes with Ape 5809 stacked in the middle. The NFTs are all from different artists, each with a unique design....
DOGE could undergo a 20% price correction before the end of the year despite strong fundamentals. Dogecoin’s (DOGE) price rallied to its best levels in two months as traders assessed Twitter’s potential to create a cryptocurrency wallet product.Elon Musk fuels Dogecoin rally againDOGE’s price jumped to $0.081 on Oct. 27. The price gained roughly 40% two days after Jane Manchun Wong, a popular tech blogger, claimed that Twitter is working on a wallet prototype that supports cryptocurrency deposits and withdrawals.DOGE/USD daily price chart. Source: TradingViewElon Musk is the thread that....
From carrying medical data to streamlining royalty payments, NFTs serve a variety of important technological purposes. Bored Apes are a demeaning distraction. It’s time to move on from the Bored Ape Yacht Club. They’re bad for nonfungible tokens (NFTs). They give critics ammo and distract from the technology, which is where the real value lies. For those on the outside looking in, NFTs are nothing more than overpriced monkey JPEGs. Or whichever choice of animated animal profile picture is in the firing line.NFTs, of course, are much more than that. But, because of Bored Apes, and the....
Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the value of NFTs, it’s also interesting to see who is purchasing the most expensive NFTs like Bored Apes and trading them regularly. The following is an in-depth look at the top five BAYC traders of all time and the millions of dollars in profits they have....