🧠 The rundown: Elon & Twitter

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Today's Agenda 📓:

• 🧠 Everything that happened after Elon bought Twitter

• 🤝 More companies that filed crypto trademarks

• 😂 Meme of the Day

🧠 Everything that happened after Elon bought Twitter.

Mr.Musk is officially the proud new owner of Twitter; $54B later, he can now make strides toward free speech.

And the trolling begins.

• He fired some of the top execs.

• Changed his bio to "Cheif Twit."

• Made joking legal again.

• Tweeted about getting rid of more staff. 75% of them are exact.

Ok, that last one is a lie. But all the other ones are true.

And there are

3 more things that happened after he took over Twitter:

• Twitter is doing testing on selling NFTs on posts.

• $DOGE has increased more than 80% since.

• Binance has invested $500M into Elon Musk's takeover.

1. Twitter is testing the sales of NFTs on posts. ✏️

• Display NFT marketplace listings from specific platforms and allow a button feature to let them buy and sell collectibles).

• There are specific partners: Magic Eden, Rarible, Flow blockchain creator Dapper labs, and Jump.trade.

2. Binance has invested $500M into Elon Musk's takeover. 🤯

• CZ Binance said he plans on helping Twitter become blockchain and crypto-friendly and will assist Elon in making that happen.

• It is believed his role will be to help offset the bots that are on the platform. (Which is a big problem for crypto twitter as many bots are typically tied to scams).

• Our new dynamic duo is trying to make Twitter easier for users.

• Central banks like Morgan Stanley, Bank of America, and Barclay each committed $2.5B in debt financing the deal. Sequoia Capital, Qatar Investment Authority, and Fidelity Management and Research were other investors.

3. $DOGE increased more than 80% since. 🚀

• Doge skyrocketed from $.05 to a high of $0.15 late last week, which is up over 100%!

• This movement resulted from Elon's purchase of Twitter (Elon has notoriously pumped the price of DOGE in the past).

🧐 Rumour: Doge will become the native token of Twitter and be used to prevent bots via user authentication. If that happens with Elon and CZ in charge of one of the biggest social media, DOGE could skyrocket.

⚜️Golden Nugget: Both sides are making money. You need to see what side you're going with and make a plan.

😉

🤝 These big tech companies filed new crypto trademarks.

Hmmm, wonder what these big payment processors are doing filing crypto trademarks.

• Visa

• Paypal

• Western Union

Let's see what's happening on each side.

💳 Visa

• The firm is looking into creating a crypto wallet. And will also be set up in the metaverse to create a virtual environment where users can interact for recreational, leisure, or entertainment purposes.

💳 Paypal

• The trademark filing mentions "crypto" 18 times about conducting crypto transactions and buying/selling crypto.

• Paypal allows users to buy BTC, ETH, BCH, and LTC. Allowing users to send it to wallets elsewhere, but it is still building its crypto wallet.

💳 Western Union

• Covers every aspect of digital payments, including the "management and maintenance of digital currency and electronic wallets).

Web2 companies are rushing for their spot in Web3. Whatever their reason, eyes are shifting, and the narrative is changing. It wasn't long ago when these same companies told everyone that crypto is a scam.

😂 Meme of the Day

Homie said: I wanna stay safe 😳😳

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research