Bitcoin Hits Its Lowest Since First Week Of March

Bitcoin Hits Its Lowest Since First Week Of March

On April 24, Bitcoin (BTC) remained below $40,000, indicating that the weekly close would be painful.

Bitcoin appeared to be unappealing. The spot price was $39,500, which would be the lowest weekly close. On April 24, when the Presidential elections came to a close, the world’s attention was drawn to France.

The tremendous expansion in the NFT market is fueled by metaverses and blue-chip nonfungible tokens (NFTs). Major NFT projects have aided the NFT market in reaching a growth rate of around $17 billion in sales volume.

Despite previous criticisms of their transient nature, NFTs are here to stay. Given the current calm in the NFT markets, investors and collectors alike are looking for new horizons where they can profit from the inventive use of NFT technology in various applications.

Innovators have come up with new and innovative ways to use NFTs in a variety of industries. These new applications have boosted the usability of NFTs, and I believe they will be the catalyst for NFT adoption in the future.

Stripe Connect now supports crypto payouts, according to Twitter (TWTR). According to the two firms, a select set of Twitter producers will soon be able to get their revenues in the form of the USD Coin (USDC) stablecoin on the network.

Payments will be made on the Polygon (MATIC) network, a layer-2 blockchain noted for its low costs, quick transaction speeds, revolutionary zero-knowledge technology, and Ethereum integration (ETH).

As a centralised platform, content authors and freelancers would have to go through Stripe’s KYC onboarding process. They can then update their account information, check real-time earnings, and receive notifications about forthcoming distributions into their crypto wallets.

Elon Musk, the billionaire entrepreneur and Tesla CEO, is attempting a hostile takeover of Twitter. 

Musk has stated that if his bid for the firm is successful, his top pledges will be to reduce the number of cryptocurrency scam tweets on the site and maybe add a Dogecoin (DOGE) payment option for the company’s Twitter Blue monthly membership service.

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