X
About X
X (formerly Twitter) is an American social media company based in San Francisco, California, that was founded by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and was launched July of the same year. Twitter was acquired by X Corp, whose company’s owner is billionaire Elon Musk.
Tesla CEO Elon Musk finalized the acquisition of Twitter at his original bid price of $54.20 per share, for a total cost of approximately $44 billion on October 2022. The rebranding of X from twitter is another step in Twitter’s continuous evolution from an online hangout for hyper-connected individuals to an app that can handle “everything,” according to newly appointed CEO Linda Yaccarino.
X News
Stablecoins
Stablecoins just eclipsed Bitcoin in the one metric that matters, exposing a $23 trillion global fault line
Cross-border flows have finally overtaken Ethereum, proving these tokens are no longer just for crypto gambling.
- A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for
Dollar funding shifted at the margin this week, and Bitcoin is the asset that feels the margin first.
- Crypto officially becomes a “third category” of property, fixing the fatal flaw in digital asset ownership.
The UK has drawn a line in the sand: digital objects are property, and the courts can finally treat them that way.
- XRP sentiment has collapsed, but a “Fear Zone” signal hints that retail sellers are making a costly error
Despite retail panic, XRP's on-chain momentum signals growing institutional confidence in the digital asset.
X Team
Noah Glass
Co-founder
Biz Stone
Co-founder
Evan Williams
Co-founder
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