Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay
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Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Financial Times report, Musk is betting this ambition for revenue growth on the payments business. He has said he wants Twitter to become a “universal app” that combines information, payments and commerce. As part of the plan, Twitter intends to provide fintech services, such as peer-to-peer transactions, savings accounts and debit cards. Previously, Twitter has been testing the payment business in scenarios such as rewarding creators. An official document shows that
Elon Musk’s social media platform X is set to roll out new trading and investment functionalities. This move seeks to make the platform a one-stop financial services and social networking shop. Linda Yaccarino, the CEO of X, revealed the development during an interview with The Financial Times today. She suggested that…
According to data from Coingecko, Dogecoin (DOGE) has soared by 10.5% in the last 24 hours, drawing much attention from market analysts and investors alike. Prior to this gain, the memecoin had shown little price movement, hovering around the $0.08 price region for most of the past week. Dogecoin ranks…
Recently, a revealing conversation between CryptoQuant CEO Ki Young Ju and Grok, an advanced AI developed by xAI, shed light on the relationship between X (formerly Twitter) and cryptocurrencies, particularly Dogecoin (DOGE). Developed under the guidance of Elon Musk, Grok emerged as a response to the growing influence of OpenAI’s…