Elon Musk’s Twitter Takeover Gives Crypto Aficionados A New Hope
Elon Musk, the CEO of Tesla and SpaceX and one of the most influential crypto proponents, recently bought Twitter for $44 billion, stirring up a lot of debates and opinions across the internet. There’s considerable speculation surrounding Musk’s intentions for Twitter. While nothing is certain, we do know that changes often impact a lot of […]
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Billionaire Elon Musk is inching further toward his eventual takeover of Twitter and Dogecoin (DOGE) whales are positioning in preparation for the takeover. Musk’s deal to acquire the social media platform has been one fraught with roadblocks along the way, but the two parties have now reached an agreement to facilitate the purchase. Now, the […]
The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed. Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new owner of the social media platform cleaned house. Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS— Elon Musk (@elonmusk) October 27, 2022 Binance had indicated that it would co-invest in Twitter in....
Shiba Inu managed to finally be on the green across its short-term price charts as SHIB gets exposed to a number of positive stimuli over the last few days. The cryptocurrency reacted positively to the news of Elon Musk’s upcoming takeover of social media giant Twitter, increasing the price of SHIB by over 8% just […]
Dogecoin was struggling in the market right up until the Twitter deal was finalized. However, once the Elon Musk takeover was announced, the meme coin rallied enormously and was up more than 100% in just a matter of days. This has no doubt given renewed momentum to the digital asset which was previously down more […]
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24. The Twitter board has unanimously recommended that shareholders vote in favor of Elon Musk’s takeover of the social media giant.Twitter’s board of directors initially accepted the $44 billion takeover bid at $54.20 per share in late April, and shareholder approval is the final hurdle to the deal going through bar any potentially erratic antics from Musk.According to a June 21 U.S. Securities and Exchange Commission (SEC) filing, Twitter’s board of....