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Reddit may be preparing to launch its own NFT platform with btcOther social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces.Social media platform Reddit appears to be hiring workers to support the design, build and maintenance of a nonfungible token (NFT) platform.According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods.” The position requires at least five years of experience in backend development as well as the ability “to design and implement complex distributed systems operating under high load.”“If there is one thing we’ve noticed with NFTs, they too have an incredible power to create a sense of participation and belonging,” said the job posting.“With every new NFT project, a vibrant community of owners pops up with it. Fans of today’s biggest creators and brands are now flocking to buy digital goods directly from them — to support them, to gain exclusive access, and to feel a greater sense of connection with them. Over time, we believe this will only grow, and NFTs will play a central role in how fans support their favorite creators and communities.”Reddit has acted as a medium to bring together crypto users for years, with the platform’s subreddits largely responsible for pumping prices of tokens including Dogecoin (DOGE). Users can also earn the platform’s Community Points — digital currency-like tokens in the form of Moons or Bricks — by posting certain content to earn rewards.
EASYMARKETS:BTCUSDLong
by Krista79492
TWTR Twitter to lose market share because of TRUTH Social ? Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers. Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share? Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Truth Social is aiming for a beta launch in November. TRUTH Social will be a competitor to Twitter and Facebook. TMTG+ will compete with Netflix and Disney+. TMTG news will compete with CNN and iHeart Radio. They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal). Could this be the new Twitter / Facebook platform? I`m looking forward to read your opinion about it!
NYSE:TWTRShort
by TopgOptions
6
Tump`s TRUTH Social to compete with Twitter and Facebook Donald Trump announced yesterday the creation of the Trump Media & Technology Group (TMTG) which will develop and launch a new social network! Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Truth Social is aiming for a beta launch in November. TRUTH Social will be a competitor to Twitter and Facebook. TMTG+ will compete with Netflix and Disney+. TMTG news will compete with CNN and iHeart Radio. They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal). Could this be the new Twitter/Facebook platform? we know Trump is in war with them! Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers. if every one of them buys DWAC, the SPAC with which TMTG will merge, for only 100usd, the mk cap will be 9Bil. now the Market Cap of DWAC is 1.635B. So still a 5.5X upside. The irony is that the same hedge funds that sponsored the campaigns of Hillary and Biden, now invested in Trump`s SPAC. :) Investing right now could be like planting the seeds in Facebook back then. My extremely speculative valuation is half the market cap of Twitter by year`s end, so considering half of Twitter`s mk cap and 1.7Bil valuation for TMTG at 10usd results 150usd price target! We bought DWAC at 12.84usd in our trading group. I look forward to read your opinion about this!
DLong
by TopgOptions
14
Tweet Tweet TWTR Ready to Flyyyy away… easy to spot breakoutThere are both technical and fundamental reasons this breakout is imminent and $100 is an easy target short to mid term. Notably $100 is a conservative target. The news in the social media “metaverse” is about to get even more interesting. Set your stop loss below $50 to be safe, below $60 if you’re playing this tight. Potential gain of 50% and potentially only the beginning for this sleeping giant. Or should I say big bird? You be the judge. Always manage risk and have a game plan. Do your own analysis. Try to disqualify.
NYSE:TWTRLong
by Shadowfigure
Twitter possible flag break at earningsI am currently watching Twitter ahead of the upcoming earnings. The last strong rise in 23 bars was consolidated for a very long time. The extended Fib would set a target zone of the psychological 100$ mark, which I think is realistic from a purely market-technical point of view. We are currently sitting on a cluster (58$ mark that has held again and again + EMA/MA200 + 61 Fib). Why the Fib from here and not from the March rise? I personally think it is worth noting here that the BBs are starting to open properly here and FOR ME here the last bull run is starting. If we set the Fib from March, the targets are too far away and this would not be in line with my trading strategy. Maybe quite a good approach for longer term oriented traders. I would trade the breakout depending on earnings and volume and see how the current market sentiment is. If we see a bullish tech sector (watch the XLK ETF, especially the volume) then I would be compliant with the trade. Of course, to keep the trade longer, you would also have to watch the behavior of the stock at the ATH. This of course needs to be adjusted to your own trading strategy. For me as a Swing/Positrader no problem. Who trades shorter term, should of course pay attention to his CRV / risk management. Excuse my English, as a German I give my best :)
NYSE:TWTRLong
by Lazytrader87
+700 PIP LONG XAUUSD GEARING UP TO RETEST 1800.00Hello, traders! Here is why from a technical standpoint I believe we can see GOLD return back to retest the 1800.00 level. $1.Price has created a double bottom @ weekly support level. $2. Price has broken above the last high that created the most recent low on the macro time frame giving us an early signal that the trend has reversed to the upside. $3.Daily cross through the histogram of the MACD Which tells us the bulls are taking over in the market. LIKE,COMMENT, AND SHARE. LET US KNOW WHAT YOU GUYS THINK!
OANDA:XAUUSDLong
by JWILL_TRADES
Trading Idea - #ASOSBUY. Take the chance! ENTRY: 3235 Pence TARGET: 5782 Pence (+78%) STOP: 2658 Pence ASOS PLC is a global fashion retailer. The company sells its goods on ASOS.com. The company's segments include UK, US and EU. ASOS sells approximately 85,000 branded and private label products, which include jewelry and beauty collections, as well as men's and women's fashion, footwear and accessories. 1.) The share price of ASOS is at a decisive support level (2800 to 3000 Pence). 2.) The share price weakness despite the ongoing online boom offers some attractive opportunities for investors. 3.) At online fashion retailer Asos, the conditions are good that sales will ultimately meet market expectations. This is decisive for the further development of the share price. 4.) The current price is far below the average price target of the most influential analysts, even though they have lowered their price targets slightly in recent weeks. This may indicate a potential increase in value.
LSE:ASCLong
by Traderherz-Analytics
BITCOIN Lightning Network 🚀🚀🚀 Twitter replaces VISA in 2022??This is BIG news that will make it out to the masses. Bitcoin Lightning solves the speed and cost of paying with Bitcoin! Running live worldwide. Get your Bitcoins while it's less than $100K per FULL BTC! Please tip me in Santoshi and/or thumbs up! The trend lines supports a rally but then again, that's the beauty of simple trendlines, support and resistance level. Past $70K, we should hit $100K+ in no time and we're not going back. This is like the Internet in the mid 90's. The dot crypto boom is coming hard. Grab your seats!!!! Have some coins and remember to own your keys or totally trust your crypto wallet holding them.
BINANCE:BTCUSDLong
by UnknownUnicorn2413721
5
Trading Idea - #Apple (let's retest the resistance)BUY ENTRY: 124.60 USD TARGET: 136.00 USD (9% profit) STOP: 118.00 USD 1. Support 108.98 USD / Resistance: 137.52 USD 2. While retesting the resistance line, the lows are getting higher. It looks like an ascending triangle is shaping. 3. Ascending support line (blue line) should give another upward impulse! 4. The company has high profit margins, which means a high level of profitability. 5. Apple's financial position is looking great, which means a huge investment capacity. 6. Apple pays little or no dividend. 7. The estimated company value of 5.80 x annual sales appears to be a bit overrated.
NASDAQ:AAPLLong
by Traderherz-Analytics
TRIANGLE AND VOLUMES OR NEWS - TWTR - WEEKLYNEWS ? Twitter news about an integration of Bitcoin tipping feature is huge. Twitter might become a central social network allowing people to use crypto and transfer money for a very cheap fee. Is this feature looking like little thing will announce the end of western union services requiring huge fees to send money overseas. TRIANGLE AND VOLUMES ? The black line represents the probable strongest support. The price is following is going up overall but the tops are getting lower. Potential pull back up on the black horizontal strong support. Potential increase of twitter's price in the coming weeks. specially if the price reaches the black line area. so news or triangle/volume ? Thanks for the like and shares, really appreciated! This is not financial advice, just an idea .
NYSE:TWTRLong
by Diallo_Charts_Ideas