Twitter says Musk’s request to terminate the deal is invalid

Twitter said Monday in a letter that billionaire Elon Musk’s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrongful.”The letter followed Musk’s declaration on Friday that he plans to scrap the deal over allegations that Twitter undercounts the number of spam accounts on its service, among other reasons.Musk’s attorneys…

Crypto Claiming GIF by decentrelon thumbnail

Crypto Claiming GIF by decentrelon

Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC

One of the biggest bitcoin (BTC) and crypto investment companies, US-based Grayscale Investments, sued US Securities and Exchange Commission (SEC) after it rejected its application to convert the Grayscale Bitcoin Trust (GBTC), the world’s largest BTC fund, to a spot exchange-trading fund (ETF)…. Read More: Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC…

Bitcoin Nears USD 20K, Ethereum Keeps Trimming Weekly Gains, Most Altcoins in Red

Bitcoin price failed to start a stronger increase above the USD 21,200 level, started another decline, and traded below USD 21,000. It is currently (04:07 UTC) trading near USD 20,300 and is down 2% in a day and a week. Similarly, most major altcoins are showing signs of more losses…

DaVinci 3.0 Announces Plans to Host New Immersion Crypto Mining System with Compute North

The industry’s most efficient mining system drives higher profitability on renewable energy. DaVinci 3.0 has announced plans to host the company’s newly released DragonFly Mining System with Compute North, a leader in sustainable, large-scale computing infrastructure. The patent-pending DragonFly Mining System is housed in a UL certified weatherproof exterior and offers superior mining output, connected to renewable…

Brisbane Man’s Crypto Bet Enabled Him to Buy a Home Mortgage-Free

In less than a decade, Brisbane IT specialist Joe Bridge turned a small-time household crypto mining hobby into an A$1.2 million profit that enabled him to buy a house outright along with two motorcycles and a pair of boats. Bridge, now 38, was a law student living at home in 2013 when he installed mining…

5 Times Elon Musk Proved Himself to Be the ‘Bullshit Artist’ Donald Trump Described

Former President Donald Trump labeled Tesla CEO Elon Musk as a “bullshit artist” at his Alaska rally on Saturday, referring to Musk pulling out of his deal to buy Twitter as well as his claims about voting Republican. Here are some of the times that ultimate hypemaster Musk proved Trump’s characterization correct. Former President Donald…

Crypto Working GIF by Chubbiverse thumbnail

Crypto Working GIF by Chubbiverse

Elon Musk Dog GIF by DigiByte Memes thumbnail

Elon Musk Dog GIF by DigiByte Memes

Cardano Price Analysis: ADA Crashes by 7% and Loses a Critical Support, What’s Next?

ADA lost a critical support level which was defended five times in the past, but now bears took control. Key Support levels: $0.38  Key Resistance levels: $0.45, $0.50, $0.55  The breakdown of the key support-turned-resistance at $0.45 places ADA on a collision course, with the next support level being at $0.38. The pressure from sellers…