Crypto Payments On Twitter, Will These Coins Enter The List?

You probably are aware that Elon Musk completed the $44 billion Twitter deal just a few days ago. Now, the speculations about crypto payments being implemented for Twitter is increasing by the hour. This is largely because Musk, the self-proclaimed leader of Dogecoin, shall reportedly be introducing Dogecoin payments for Twitter blue services.

Timeline of Binance-usd, Dogecoin, Bitcoin

Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.3 billion to $1,025.9 billion from $1,027.2 billion as of press time — down 0.2%. The post CryptoSlate Daily wMarket Update – Oct. 31: DOGE spikes higher on rumors of Twitter integration appeared first on CryptoSlate.

At Hong Kong Fintech Week on Monday, JPMorgan Chase President and Chief Operating Officer Daniel Pinto and Standard Chartered Group Chief Executive Bill Winters disagreed on the importance of Bitcoin and the broader crypto business.

The speed of transactions has long been one of the main selling points of the Bitcoin (BTC) network, while its creator, the mysterious Satoshi Nakamoto, remains anonymous despite certain individuals claiming to be him, so far without substantial evidence.

DOGE's price shows strength as it continues its rally with eyes set on a high of $0.2.  DOGE could rally more as the price creates more bullish bias by breaking out of a bullish continuation pattern with eyes set on rallying higher.

Twitter owner and CEO Elon Musk tweeted a picture of a Shiba Inu on Nov. 1, sending DOGE into a 22% rally in just 4 hours. The meme coin has had a phenomenal week because of Musk's acquisition of Twitter, with the token up by nearly 160% over the past week.

As the eyes of the crypto community turn to tomorrow's Federal Reserve FOMC meeting, an on-chain analysis by Glassnode suggests that the bottom just needs to be hammered out. In their weekly report, the firm states that a number of metrics are currently bouncing, making a relatively consistent argument that the bitcoin market has hit a bottom.

Cathie Wood-led ARK Investment Management bought over 65,000 shares of Jack Dorsey-owned Block Inc (NYSE: SQ) at an estimated valuation of over $3.9 million, based on Monday's closing price. The purchase was done through three different ETFs.

Gary Gensler, Chairman of the SEC has tweeted a happy birthday to Satoshi Nakamoto's whitepaper, which was 14 years old on Monday. Gensler is an unlikely one to wish Bitcoin a happy birthday given that he has arguably been extremely antagonistic to the entire cryptocurrency ecosystem and appears to want to suppress it to the best of his ability.

Dogecoin (CRYPTO: DOGE), the top gainer in October, doubled its value over the course of that month, but it was not the only coin to achieve that feat. Huobi Token (HT), the native token of Huobi Global, saw a 100.6% increase over the last 30 days.

A rebound in the US dollar index reflects traders' hopes of Fed pivoting in the week's interest-rate decision, but Bitcoin remains underbid. Bitcoin showed an impressive performance last week as the flagship crypto surged to $21,000 last Wednesday – its highest since the end of August.