Main topic: X (formerly known as Twitter) throttling traffic to websites disliked by Elon Musk.
Key points:
1. X slowed down access to websites including The New York Times, Instagram, Facebook, Bluesky, Threads, Reuters, and Substack.
2. These websites have been publicly attacked by Musk in the past.
3. The delays potentially affected the traffic and ad revenue of these companies.
Hint on Elon Musk: Musk has previously blocked links to competitors, called the New York Times "propaganda," and took away their verification check mark. He has also feuded with Mark Zuckerberg and threatened a cage fight.
Deep-pocketed crypto investors are moving hundreds of millions of Dogecoin as the meme coin tries to recover from market downturns, with large transactions being made from Binance, Robinhood, and an unknown wallet.
Summary: Amidst the recent dip in Ethereum price, meme coins like Wall Street Memes (WSM) and Elonator (ETOR) have emerged as potential saviors, offering profit opportunities and a sense of hope to investors.
Elon Musk believes that X, formerly Twitter, could eventually reach a market cap of $1 trillion, expressing optimism about its future valuation.
Tesla CEO Elon Musk showcased a production version of the company's long-delayed Cybertruck on social media, as the electric vehicle manufacturer aims to enter the profitable pickup segment and compete with rivals Ford and Rivian.
Crypto trader Altcoin Sherpa suggests that the memecoin Pepe is a better investment than Dogecoin due to its promising price action and lower market cap. He predicts that Dogecoin could experience a significant drop of up to 21% from its current level.
Elon Musk's potential plan to turn Twitter into an updated version of PayPal could have significant implications for the price of cryptocurrencies like Bitcoin and Ethereum.
Elon Musk's company, X (formerly Twitter), has introduced a new feature for verified organizations to post job listings on the platform, allowing them to reach millions of candidates and connect them to the organization's website for applications.
Summary: XRP, Chainlink, and Dogecoin are the top 3 cryptocurrencies to watch during a potential crypto market downturn, with XRP offering potential returns, Chainlink's critical role in the oracle sector, and Dogecoin's potential integration into Elon Musk's future plans.
Billionaire Elon Musk hints at developing a competitor to LinkedIn, stating that the X competitor will be "cool."
Former pharmaceutical executive and convicted securities fraudster Martin Shkreli claims he has been lobbying Elon Musk through mutual friends to regain access to his original X (formerly Twitter) account, alleging that Musk's actions contradict his stance on free speech; Shkreli believes Musk may be jealous of him and his machismo.
Elon Musk's Twitter, now rebranded as X, has obtained a currency transmitter license in Rhode Island, indicating a possible move towards crypto payments and turning the platform into an all-in-one app like China's WeChat.
In September 2023, two cryptocurrencies to watch out for are Dogecoin, which could spike in price if Elon Musk's platform enables cryptocurrency transactions, and Shiba Inu, which has the potential to increase in value if its network successfully burns SHIB tokens.
Dogecoin rises in anticipation of Elon Musk's upcoming biography, which reportedly reveals his involvement in the development of the memecoin, while Bitcoin and Ether experience slight declines and market experts predict further drops.
Elon Musk borrowed $1 billion from SpaceX to fund his acquisition of Twitter, which was also financed by bank loans backed by Tesla stock, and he has previously borrowed $500 million from SpaceX between 2018 and 2020.
Elon Musk's Subscriptions feature on X (formerly Twitter) is not gaining significant traction, with Musk having only 40,000 subscribers out of his 155 million followers, suggesting that it is not a successful tool in the creator economy.
Catecoin, a cat-themed memecoin, is gaining attention and may challenge established counterparts like Dogecoin and Shiba Inu with its unique features such as a deflationary model, secure multi-platform wallet, decentralized escrow system, play-to-earn game, personalized payments, and a strong community.
In 2023, meme coins such as Shiba Inu, Dogecoin, and ApeMax are dominating the conversation in the crypto world, with ApeMax emerging as a potential contender for the crown due to its innovative features and growing community.
Elon Musk, known for his leadership at Tesla and SpaceX, has a relentless drive for intensity and risk-taking, leading him to acquire Twitter and run multiple companies simultaneously.
Elon Musk is known for his disruptive innovation in the electric vehicle industry, space exploration, and his controversial use of Twitter, but his historical significance and impact on social media may not be seen as a net force for good in the long run.
Elon Musk is considering turning the social network, formerly known as Twitter, into a subscription-based platform in order to eliminate bots and address financial issues.
Elon Musk hinted at the possibility of introducing a small monthly fee for using his company X, formerly Twitter, in an effort to combat the presence of bots on the platform, although no further details were provided.
Elon Musk's recent investment in Twitter and potential plans to expand its capabilities have sparked speculation about his next move, as the bitcoin price continues to fluctuate following his previous involvement in the cryptocurrency.
