2/12 The acquisition of Twitter has been very messy so far. Leaked texts, trials, lawsuits and a bunch of nonsense bull*hit.
However, #ElonMusk sold @Tesla stocks in bulk, getting nearly $6.8 million in cash. So, we have reasons to believe he will go for it!
3/12 Before getting into the consequences of that investment, let's remember the connection between #Tesla's CEO and #cryptocurrency.
@elonmusk is well known for pumping the price and getting profit out of #memecoins. Yes, we are talking about @dogecoin.
4/12 Also, he's been pumping of #Bitcoin. Remember those times when he bought some and #BTC hit $66k?
Soon, Elon was one of the reasons why it went down again when he dumped some in a span of a couple of months.
BTW the "Dogefather" dumped all of @Tesla's $BTC recently...
5/12 Meanwhile, #cryptotwitter has become a great power.
Hundreds of experienced #cryptoinvestors are sharing their knowledge.
Millions of people, passionate about #crypto, are consuming content daily.
And fantastic crypto KOLs like @esatoshiclub are educating the public.
7/12 If Elon gets Twitter, he'll get rid of @VitalikButerin and @cz_binance scammy Twitter accounts. Bots wil be gone, vanished into thin air. (A quote from Avengers, @Marvel will go nuts).
Vitalik will finally get some rest from fighting those scammers. And we'll rest too!
8/12 The adepts of #Decentralization will also get something out of this deal. With an open-source algorithm, all people will be able to say their piece.
In addition to that, it would help get the much-needed crypto-like concepts into a worldwide spread social media platform.
9/12 It's a fairy tale for the #cryptotwitter. However, does the acquisition of Twitter have an impact on the #cryptomarket?
Well... we all know we are in a #bearmarket. Such an important acquisition along with changes towards #Decentralization will get us a small pump, but...
10/12 It won't actually matter in the long term. The #Bearish market in #crypto is related to macroeconomics.
Even such an investment can't have an effect on how will Ukraine's war end or when will the energy crisis end.
Not even talking about the CPI and inflation in the US.
11/12 However, it can also be a big push into a #BullishAF market.
If macro factors will get better and a big depression will be avoided, $BTC, $ETH, $BNB & all top 100 #cryptocurrencies are just waiting for a white swan event to get back in the game!
12/12 Hope you liked our thread. Get us a like and a subscribe if you want such interesting threads in the future!
Don't forget to RT our first tweet and leave a comment with your thoughts on what will happen if Elon Musk will buy Twitter.
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1/10 Another major #Cryptohack! @BNBCHAIN got ripped off of over $110 mil. This sum's no joke!
What happened?
Will there be any consequences to the market?
What actions are @cz_binance and @binance's team taking to contain this?
A thread by @esatoshiclub! 🧵
2/10 Long story short, #BNBChain was hacked and the hacker got over $590 million in #BNB.
Fortunately for @binance and the whole market, he got off-chain just something over $110 million.
Let's see how it went down( no advanced technicals, just something all can understand).
3/10 Fortunately for us, @samczsun was there to analyze every minor detail of the hack.
The hacker somehow convinced the #BNBChain to send them over 1mil $BNB.
These coins are "false" #crypto. Meaning, the hacker got them from thin air, not actually issued by the #Binance.
2/9 Before getting into our topic, let's briefly remember who Ray Dalio is. Long story short, he is probably the biggest investor since 1975 (Forgive us, Warren).
He's the founder and ex-CEO of one of the biggest hedge funds in the world: Bridgewater Associates.
3/9 Wow, serious guy this Ray Dalio. Not only because of his firm's achievements but also for his personal ones. He is the author of a few great books, you should definitely read his "Principles"
So, what did this giant investor have to say on #cryptocurrency? Let's find out!