$83,385.00
4.76%$1,565.61
2.74%$2.02
2.57%$585.80
1.29%$121.43
7.45%$0.999892
-0.00%$0.159854
3.77%$0.242979
3.05%$0.622928
2.12%$1,563.42
2.75%$83,272.00
4.68%$9.38
-0.30%$12.64
4.53%$19.11
3.87%$2.91
0.25%$0.233531
1.25%$0.00001219
4.77%$0.999804
0.00%$2.18
3.18%$0.167048
-0.81%$1,875.47
2.62%$312.69
7.43%$6.39
-0.53%$76.10
2.75%$3.56
2.66%$15.60
9.64%$1.001
0.32%$4.30
2.57%$0.998894
-0.04%$1,564.59
2.98%$0.628055
6.43%$27.94
0.49%$206.48
2.57%$1,666.17
3.11%$53.30
0.78%$5.23
3.85%$83,296.00
4.66%$0.00000694
3.30%$4.78
3.26%$0.887263
8.17%$22.26
3.44%$31.39
1.37%$2.09
3.67%$1.046
-0.02%$5.05
4.54%$1.00
0.00%$0.087359
3.04%$0.698749
2.88%$15.16
2.18%$1.16
0.08%$250.07
7.36%$136.17
3.14%$0.075269
8.84%$3.72
6.34%$0.02202585
3.52%$4.23
-2.59%$0.315976
3.97%$0.999212
0.29%$4.05
0.55%$83,036.00
4.46%$8.04
1.40%$2.46
4.52%$0.182185
0.02%$0.179726
1.56%$0.479982
2.44%$2.52
2.66%$0.29481
2.57%$83,001.00
4.50%$3.65
3.44%$10.48
2.31%$0.447584
6.17%$0.072329
11.50%$1,330.75
3.12%$0.660374
3.07%$0.383739
5.62%$1.044
3.01%$3.98
-3.11%$0.999945
-0.12%$126.40
7.34%$0.00001251
17.32%$65.01
1.35%$1,567.65
3.11%$0.0150199
7.78%$0.617243
-0.01%$0.616144
3.05%$0.738173
5.83%$1,625.65
2.68%$0.881922
14.84%$1.001
0.22%$14.72
-3.94%$0.999841
0.04%$0.339696
4.95%$0.999524
0.03%$8.23
4.82%$3,256.06
1.48%$0.605473
8.48%$1,763.64
2.84%$0.079295
3.54%$0.154673
3.33%$0.418013
5.97%$586.32
1.52%$82,471.00
3.30%$3,262.97
1.45%$0.731495
0.66%$0.998249
0.06%$0.02028616
23.99%$83,223.00
4.39%$0.01352339
19.06%$0.73057
2.69%$0.260184
0.65%$0.01429052
2.55%$0.999209
0.03%$0.486608
4.92%$1,664.61
2.82%$0.103178
3.03%$0.00000061
2.85%$0.161231
2.87%$1.99
4.84%$35.66
-3.13%$28.63
3.48%$0.540951
-0.04%$155.64
7.51%$0.347758
2.29%$133.35
7.35%$1.72
3.94%$0.529923
-1.61%$0.00005506
4.92%$0.99969
-0.01%$3.24
2.03%$2.94
5.24%$1.77
7.50%$0.997524
0.06%$1,629.17
2.55%$82,249.00
8.98%$0.06867
1.75%$1.72
6.86%$14.21
4.76%$0.24971
3.28%$0.127544
4.53%$0.999892
0.00%$0.425249
3.03%$0.491755
1.20%$0.999892
0.00%$4.13
5.40%$0.00483334
5.92%$1.11
-1.12%$0.56068
1.75%$0.00754602
1.80%$83,289.00
4.63%$83,237.00
4.12%$0.00000042
0.75%$0.160056
4.19%$0.999576
1.42%$1.08
0.01%$14.13
2.34%$0.395631
7.66%$1.12
4.06%$110.66
0.02%$5.47
2.63%$0.132823
3.31%$2.40
2.42%$0.999901
0.03%$0.00001924
3.28%$0.999456
-0.02%$82,964.00
4.58%$1,664.82
2.79%$1.77
-1.97%$0.03884598
1.63%$22.44
-0.40%$5.58
6.58%$0.071457
1.83%$40.43
3.04%$77,106.00
0.00%$0.998947
-0.21%$0.55548
2.13%$0.527369
16.64%$0.423627
3.67%$1,564.85
2.86%$0.074942
6.93%$1,564.35
2.86%$1,564.24
2.62%$0.00631406
2.91%$0.779255
2.10%$1,645.62
2.18%$4.11
4.69%$0.400869
12.05%$0.998029
-0.12%$0.122664
-19.53%$0.160855
0.89%$0.00005865
1.93%$0.999714
0.02%$0.00000157
4.93%$0.182494
-0.08%$0.999538
0.02%$0.00370957
0.92%$0.00476008
12.04%$0.03005183
1.86%$0.314751
4.87%$0.999959
-0.12%$1,563.22
3.17%$0.692187
6.53%$0.140225
-3.89%$1,596.20
3.36%$2.56
5.78%$3,229.03
2.82%$0.0271625
3.61%$102.93
3.99%$83,118.00
4.61%$1.11
10.87%$2.75
1.25%$0.212113
2.12%$0.221647
2.45%$0.108795
32.22%$82,922.00
4.11%$0.485132
6.21%$0.57771
4.09%$20.47
2.45%$1,546.14
2.35%$0.999553
-0.04%$0.487082
3.40%$0.24218
0.44%$21.96
5.19%$0.170895
2.06%$0.02984212
-5.94%$0.990012
-0.94%$1,563.67
2.75%$0.03344827
-1.02%$19.13
3.79%$0.00038821
-3.29%$1,673.50
4.65%$0.495696
4.76%$1,651.62
2.47%$0.997614
0.00%$0.095967
2.85%$0.645693
3.12%$13.37
1.47%$0.00245427
15.95%$12.98
-6.76%$0.01094107
2.72%$3.17
-5.59%$1,712.12
2.65%$0.217217
22.08%$0.999896
0.02%$83,492.00
4.38%$2.64
3.63%$1,699.68
2.49%$1.92
2.04%$0.999582
-0.01%Reading
Twitter stock has plummeted more than 19% premarket after Elon Musk said that his $44 billion acquisition of the platform would be put "temporarily on hold."
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," he tweeted today, citing a May 2 report from Reuters regarding estimated bot activity on the social media platform.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
Shortly after making this announcement, Musk again turned to Twitter to say that he was "still committed to acquisition (sic)."
Still committed to acquisition
— Elon Musk (@elonmusk) May 13, 2022
Eliminating spam and bot activity was one of the primary objectives for the SpaceX and Tesla chief when discussing his ambitions for Twitter. He also said that he plans to make Twitter's code open-source on GitHub and add an edit feature, among other ideas.
Today's news follows a long saga linking the social media platform, the controversial entrepreneur, and, of course, cryptocurrencies.
Elon Musk first bought just a 9.2% stake in Twitter on April 4, before making a formal bid just weeks later for 100% control over the social media platform. Twitter formally accepted the offer on April 25 despite the board invoking a "poison pill" to block the deal.
Outside of the above-mentioned features, Musk has also discussed integrating Dogecoin as a payment option for Twitter's premium services, adding to his reputation as one of Dogecoin's most influential voices.
During a TED talk in Vancouver, Canada, Musk was asked if he regretted his repeated pumping of Dogecoin.
His response: “I think they’re fun, and I’ve always said, ‘Don’t bet the farm on Dogecoin.’”
The crypto connections don't stop there either.
Twitter has entered a new age—one in which the company is owned solely by Dogecoin's biggest fan: Elon Musk. Naturally, Dogecoin is booming—up 26% as of this writing, peaking at $0.1675—after the deal was announced. By comparison, Bitcoin and Ethereum were up 1.6% and 2% on the day, respectively. Dogecoin’s price is prone to react to Elon Musk’s accomplishments and DOGE-related proclamations over Twitter. His frequent memes were largely responsible for pushing Dogecoin to a third-place market ca...
In an updated 13D filing to the SEC, it was revealed that crypto's largest exchange Binance had helped finance Musk's Twitter bid to the tune of $500 million. Binance CEO Changpeng Zhao took to Twitter to share the news, calling it "a small contribution to the cause."
A small contribution to the cause. https://t.co/xD9XZxOWfL
— CZ 🔶 Binance (@cz_binance) May 5, 2022
Other notable backers included Fidelity ($316 million), Qatar Holdings ($375 billion), and Andreessen Horowitz ($400 million).
The largest investment in the group was Larry Ellison's $1 billion commitment.
BlackRock’s spot digital asset-focused funds generated net inflows for a fifth consecutive quarter, but the value of those assets tumbled by 9% as the price of Bitcoin and Ethereum slumped, the company said in its latest earnings release. As of March 31, the world’s largest asset manager held $50.3 billion worth in ETF digital assets, about $5 billion less than in the previous quarter, according to the release. Still, among asset managers, BlackRock remained the leader in inflows with the iShare...
Ripple Labs and the U.S. Securities and Exchange Commission have jointly filed a request to suspend their respective appeals as they “pursue a negotiated resolution” of their long-running case. As detailed in a filing submitted yesterday to the U.S. Court of Appeals for the Second Circuit, the two parties have already reached an agreement-in-principle, with Ripple CEO Brad Garlinghouse revealing last month that the SEC would be dropping its appeal. Yesterday’s application represents the first of...
The Trump family’s crypto platform, World Liberty Financial, has denied the project sold off millions worth of Ethereum earlier this week at a massive loss, dismissing reports to that effect as “wholly inaccurate.” “The claims that World Liberty Financial has sold any of its holdings are wholly inaccurate,” a company representative told Decrypt Thursday. “WLFI has not sold any positions as currently reported. Speculation to the contrary is false.” Yesterday, reports circulated that the project s...
