TWITTER TO ALLOW USERS TO TRADE CRYPTO

Elon Musk is pushing Twitter to finance, Twitter has partnered with eToro very soon he will let people trade crypto and stock. Elon Musk's goal is to make Twitter offer financial services. Some are people attacking Elon Musk and one of them is a BCC journalist who claims that there has been raise of hateful content on Twitter but when Elon asked him to mention one, he couldn't mention any. From next week Thursday, a new feature will be integrated into Twitter that will allow users to view the crypto and stock market chart on Twitter. It will have a button that will lead to eToro for users to buy and sell crypto.

---

I think is great news for the crypto community, it is good news for Twitter users, and even bigger news for the eToro platform many people will be able to trade on their platform. You should know that you will need to do KYC on eToro to be able to trade because that is the reason the SEC will allow this to happen. This is a marketing channel for eToro to allow more traders to their platform. Speaking of Ethereum, it is no longer news that the Ethereum Shanghai upgrade is now live and ETH stakers can now unstake their staked ETH but it is only those that staked above 42 ETH will be able to withdraw the excess ETH.

---

The biggest upgrade for Ethereum just happened, Shanghai upgrade is complete and less than 1% of staked ETH is estimated to sell. You should know that the Shanghai upgrade has finally allowed ETH staker to be able to withdraw their ETH, and people starting to fear that ETH stakers will start selling their ETH. Data from the glass node let us know that it is only 170,000 out of 18.1 million ETH staked will be unlocked. So, the ETH that will be unlocked less than a fraction of 1%, will unlock within the first week. It is only interesting to know that out of the 170,000 ETH that will be available for withdrawal comes from the staking rewards of the validator and the remaining 70,000 ETH come from the actual staked ETH. Now that ETH has been unlocked today, Ethereum did have a hard time ahead of the upgrade including Lido LDO governance tokens which dropped about 10% and RPL tokens also fell about 8%.

Reference