Less than three months since Elon Musk declared interest in purchasing Twitter and receiving backing from various crypto firms, the dream ever to hold the social media giant under his thralls is fizzling, throwing DOGE adherents into a muddle.
Last week, Musk decided to walk away from the $44 billion takeover deal stating that Twitter was in material breach of multiple purchase agreement provisions, a filing with the Securities Exchange Commission revealed. Earlier this week, the matter escalated after Twitter filed a lawsuit in the US state of Delaware, citing bad faith on Musk’s part and seeking to compel him to complete the deal.
With the matter blowing out of proportion, crypto Twitter and more so Dogecoin adherents have been left hanging after it became apparent that Elon’s ambitious plans for Doge, once he had acquired Twitter, may not materialize. By all standards, Elon Musk has been one of the most outspoken billionaires on crypto Twitter. Although he has supported Bitcoin...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...