Cointime

Download App
iOS & Android

Elon Musk’s Twitter Lifts Ban From Over a Dozen Dogecoin-Tweeting Accounts

Twitter boss Elon Musk has been working enough to bring some Twitter accounts back to life, which he thinks were unfairly banned by the previous Twitter administration. More than a dozen Dogecoin tweeting accounts were brought to life over the last weekend.

Sharing his concern about the banned accounts, dogecoin founder Billy Markus tweeted:

“A whole bunch of accounts of people who, as far as i know, generally don’t do anything but tweet memes and positivity are being suspended. Pretty weird man.”

Elon Musk was quick to respond stating that he’s looking into the matter. In an update a few hours later, Musk said that the previous team was a bit aggressive in suggestions for spam bot accounts. “Team was a bit too intense with spam/bot suspensions. Moving to chill mode,” noted Musk.

The Dogecoin founder has confirmed that several accounts have come to life once again. “Welcome back doge accounts. ty @elonmusk,” added Markus.

Dogecoin Payments on Twitter

Elon Musk has once again hinted at getting Dogecoin payments to Twitter without saying anything specific about the timeline of launch. During a Twitter Spaces last Saturday, Musk was asked whether he would bring crypto payments to Twitter. Responding to it, Musk said: “dogecoin to the Moon”.

Elon Musk’s recent hint has helped the DOGE price to rally over the last weekend. As of press time, DOGE is trading above $0.10 with 12% gains over the last week.

Dogecoin has been in the news recently, especially over the last month after Elon Musk completed his Twitter acquisition. The DOGE community is celebrating that with Musk at Twitter’s helm of affairs, they might soon see DOGE payments on the platform.

Over the last two weeks, the DOGE price rally has overshadowed gains by some of the top cryptocurrencies like Bitcoin and Ether. However, on-chain data provider Santiment said that investors need to maintain caution. It added:

“Every time that [the] price of DOGE starts rising rapidly, there’s a market-wide crash following just moments later. Right now, we are observing such a rise. Now the question is, is this time different?”

Interestingly, OpenAI chatbot ChatGPT thinks that Dogecoin is a valuable and legitimate asset in the financial world.

Comments

All Comments

Recommended for you

  • Japanese listed company ANAP Holdings increased its holdings of Bitcoin by 127.73.

    according to market sources, Japanese listed company ANAP Holdings has disclosed an increase in its Bitcoin holdings by 127.73 coins. As of now, the company's total Bitcoin holdings have reached 1,346.58 coins, valued at approximately 118 million USD.

  • Changpeng Zhao: Binance Wallet now supports identifying malicious addresses; you will receive a warning if you transfer funds to them.

    Zhao Changpeng posted on Binance Plaza stating, "The cryptocurrency industry should be able to completely eradicate address poisoning attacks and protect users. All wallets should simply check whether the receiving address is a poisoned address and block the user.This is a blockchain query. Wallets should not even display these junk transactions anywhere. If the value of the transaction is very small, filter it out. Security alliances in the industry should maintain a real-time blacklist of these addresses so that wallets can check before sending transactions. Binance Wallet is already doing this. If a user tries to send to a malicious address, they will receive a warning.

  • Bitcoin spot ETFs saw a total net outflow of $189 million yesterday, marking the fourth consecutive day of net outflows.

     according to SoSoValue data, the total net outflow of Bitcoin spot ETFs is 189 million USD.The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a single-day net outflow of 157 million USD. Currently, IBIT's total historical net inflow has reached 62.34 billion USD. The second is Fidelity's ETF FBTC, with a single-day net outflow of 15.2979 million USD. Currently, FBTC's total historical net inflow has reached 12.189 billion USD. As of the time of writing, the total net asset value of Bitcoin spot ETFs is 114.289 billion USD, with the ETF net asset ratio (market value as a proportion of Bitcoin's total market value) reaching 6.53%, and the cumulative historical net inflow has reached 57.076 billion USD.

  • BTC falls below $88,000

     market shows BTC fell below $88,000, currently at $87,997.85, 24-hour decline reaches 0.88%, market volatility is significant, please manage your risk accordingly.

  • The U.S. spot Ethereum ETF saw net inflows of $84.59 million yesterday.

     according to Trader T monitoring, the US spot Ethereum ETF had a net inflow of 84.59 million USD yesterday.

  • ETH breaks $3,000

     the market shows ETH breaking through $3000, currently at $3000.08, with a 24-hour decline of 0.38%. The market is highly volatile, please manage your risk accordingly.

  • Binance Wallet launches "secure auto-signature" service

     according to the official announcement, Binance Wallet has launched the "Secure Auto Sign" (SAS) service: it now supports mnemonic/private key wallets to trade on Binance Wallet (web version).

  • Circle minted 500 million USDC on the Solana network.

    according to Onchain Lens monitoring, Circle has minted 500 million USDC on the Solana network. Since October 11, Circle has issued a total of 18 billion USDC on the Solana network.

  • Sources familiar with the matter: JPMorgan Chase is considering offering cryptocurrency trading services to institutional clients.

    according to Bloomberg, as major global banks deepen their involvement in the cryptocurrency asset class, JPMorgan Chase is considering offering cryptocurrency trading services to its institutional clients. A knowledgeable source revealed that JPMorgan is evaluating what products and services its market division can offer to expand its business in the cryptocurrency field. The source stated that these products and services may include spot and derivatives trading.