The board said the proposed takeover is “advisable and in the best interests of Twitter and its stockholders.”Twitter’s board, according to an SEC filing today, is unanimously asking shareholders at an upcoming special meeting to approve Elon Musk’s $44 billion bid to acquire the social media giant.

The official recommendation brings Musk’s buyout of the company one step closer to fruition, mere weeks after the world’s richest man flirted with exiting the deal. Board members said in the Securities and Exchange Commission filing that the proposed takeover is “advisable and in the best interests of Twitter and its stockholders.” Musk’s buyout offer was for Twitter shareholders to be compensated at $54.20 a share. As of this writing, shares were up about 3% on the day to almost $39.more info

The Web3 collective is looking to crypto and NFTs to support community-led opportunities for people of African descent. Looking to right historical wrongs and build a global digital community with real-world impact, Web3 collective Afropolitan announced that it had raised $2.1 million in pre-seed funding to advance its vision of a digital nation for the African Diaspora.

Participants in the raise include #Hashed, Cultur3 Capital, and ex-Coinbase CTO Balaji Srinivasan, who in 2021 wrote what would become the basis for Afropolitan's plans for a digital nation.more info

The price of Bitcoin fluctuated between 30,000 and 40,000 dollars for some time, so I thought that the price of Bitcoin would definitely exceed 50 thousand dollars. But now we can see The price of Bitcoin is going to be like that of 2018.

By the end of 2021, the price of Bitcoin had increased a lot, but now the price of Bitcoin is going to be the same as in 2018.Now the way the price of Bitcoin is going down, it can go down to 10 thousand dollars.

Bitcoin plunged below $20,000 on Saturday morning, a significant support level for the top cryptocurrency. On Saturday morning, Bitcoin dropped below $20,000, according to data from CoinMarketCap—a milestone seen as a crucial support level for the top cryptocurrency by market cap. At time of going to press, Bitcoin is trading at around $19,460, down over 6% on the day.

Although BTC breaching $20,000 is a largely symbolic barrier, experts believe a drop below this level could trigger a wave of ‘forced liquidations’, in which large-scale crypto investors will be forced to close positions on BTC derivatives products because they now possess insufficient collateral. Such events would likely only further drive down the price of Bitcoin, triggering further liquidations.more

State securities regulators have opened investigations into the crypto lender's decision to freeze accounts, Texas’ enforcement director told Reuters."We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations," the post read. Following the announcement, Celsius' native token CEL plunged 70% in one hour from $0.49 earlier on Sunday to $0.15, according to CoinMarketCap.

At the moment, the CEL token is the 148th largest cryptocurrency by market capitalization, currently trading at $0.53, up 1% in the last 24hrs.

On Wednesday, Celsius CEO Alex Mashinsky broke a three-day silence and took to Twitter to say that the company is focused on its customers’ concerns and is thankful to have heard from so many. "To see you come together is a clear sign our community is the strongest in the world," Mashinsky tweeted. "This is a difficult moment; your patience and support mean the world to us."more

The fake heiress wants to sell NFTs that reportedly grant holders access to her.But Sorokin has been developing her NFT scheme while detained. The “Anna Card” NFTs will reportedly unlock exclusive livestreams, phone calls, items from Anna, or in-person meetings depending on the tier purchased.

Three “ultra platinum” NFTs will be the tier that unlocks an in-person meeting with Sorokin and personal items from her, NBC News reported.more information