“I have nothing to do with the platform,” said Lee Hsien Loong. “It is misleading and done without my permission.” Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In a Facebook post Friday, Loong…
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Many crypto exchanges halted trading for XRP or delisted the token since the SEC announced their lawsuit last year. Members of the XRP Army — supporters of the XRP token — have started an online movement to pressure crypto exchanges to relist the digital asset amid Ripple facing a lawsuit from the U.S. Securities and…
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“My offer to buy his tweet was a strategic move as well as just to laugh,” said the high bidder. All the trendy aspects of the crypto space — non-fungible tokens, institutional adoption of Bitcoin, the quirkiness of Dogecoin — have found a home with Tesla CEO Elon Musk. In a tweet today, the billionaire…
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The price of the Shiba Inu token rose 300% in the hours following Musk’s tweet. Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts. In a Saturday night tweet, the Tesla…
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Twitter suspended a number of major cryptocurrency-related accounts, including some of the industry’s biggest influencers. According to a March 10 tweet by Bitcoin (BTC) podcaster Peter McCormack, at least six crypto-related accounts have been recently suspended by Twitter. The listed accounts include some of the most prominent crypto figures on Twitter with over 300,000 subscribers…
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Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development trust. Twitter CEO Jack Dorsey has announced the creation of a blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million), along with rapper Jay-Z, for teams working on the…
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Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the cryptocurrency. Electric car manufacturer Tesla has seen more than $55 billion wiped from its market cap since announcing the purchase of $1.5 billion in Bitcoin four days ago — but Twitter and MasterCard have headed in the…
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Elon Musk’s rampant Twitter activity could get him into hot water with the SEC according to lawyers. Legal advisors have warned that Tesla chief executive Elon Musk could come under scrutiny from the U.S. Security and Exchange Commission over his social media activity around Bitcoin. On Monday, Feb. 8 Tesla announced in an SEC filing…
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Elon Musk has pushed Bitcoin’s social sentiment into new highs on Twitter. Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk. Speaking to Cointelegraph, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there have been 143,000 tweets over the last 24…
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Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin. Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media. The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio over the weekend to include…
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