Instagram to reportedly launch text-based app to rival Twitter

— The upcoming app will maintain a Twitter-like centralized feed, allowing users to view content such as text, images and videos shared by followers and recommended accounts.

In a secret meeting with select creators, Instagram’s parent company, Meta, reportedly revealed its plan to launch a text-based conversation app. The leaked screenshots of the alleged upcoming app show a user interface similar to Twitter.

Instagram’s plan to rival Twitter was uncovered by Lia Haberman, an influencer marketing and social media marketing teacher at the University of California, Los Angeles Extension. According to Haberman, although the text-based app is built on top of Instagram, it is decentralized and will function as a separate app. The app will also be compatible with other decentralized social media apps like Mastodon, allowing users to reach more audiences.

Bitcoin is currently worth $26.7k, Ethereum is trading at $1.8k, and Binance Coin is worth $306.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, TRON (TRX) showed the largest growth - 3.1%.

BITCOIN TOWER, the first one in the world, will be built in Dubai
The commitment to celebrating the importance, notoriety, and values of Bitcoin has led to the creation of a new hotel chain in the shape of the king of cryptocurrencies. The hotel chain also embraces new technologies of blockchain and artificial intelligence with attention to material sustainability and zero CO2 consumption, inspired by the upcoming COP28 summit in Dubai.
The hotel chain has taken a unique approach to rewarding its guests by offering NFTs, which also provide exclusive utilities to the holders. Moreover, the rental price will be considered as staking of crypto and will produce an APY that guests can redeem. Salvatore Leggiero, the developer of the project, states, ‘It will be the first hotel that gives you back the money you paid, plus interest.’
‘This innovative approach to hospitality reflects the growing importance of cryptocurrencies in today’s society and is an excellent way for people to experience and learn more about them’ adds the CEO of Metaverse Investments LLC, the investor of the initiative.
The project will be presented on Wednesday, May 24th, 2023

Now Bitcoin is worth $27.4K, Ethereum is trading at $1.8K, Binance Coin is priced at $314.

📈 Of the top 100 cryptocurrencies by capitalization over the past 24 hours, Conflux (CFX) showed the largest growth - 19%.

📉 Bitcoin SV (BSV) fell more than others over the past 24 hours — by 1.3%.

Bitcoin is currently worth $26.7k, Ethereum is trading at $1.8k, and Binance Coin is worth $308.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Kava (KAVA) showed the largest growth - 9.8%.

📉 Sui (SUI) fell more than others over the past 24 hours — by 9.6%.

Now Bitcoin is worth $26.2 thousand, Ethereum is trading at $1.7 thousand, Binance Coin price is $305.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, MarumaruNFT (MARU) showed the largest growth - 8.7%.

📉 Kava (KAVA) fell in price more than others over the past 24 hours — by 8.2%.

Now Bitcoin is worth $26.3 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $302.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, MarumaruNFT (MARU) showed the largest growth - 23%.

📉 Lido DAO (LDO) fell in price more than others over the past 24 hours — by 3.9%.

Bitcoin is worth $28k, Ethereum is trading at $1.9k, Binance Coin is priced at $314.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Injective (INJ) showed the largest growth - 9.2%.

📉 EOS (EOS) fell more than others over the past 24 hours — by 2.7%.

Now Bitcoin is worth $27.7K, Ethereum is trading at $1.8K, Binance Coin is priced at $311.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, IOTA (MIOTA) showed the largest growth - 8.2%.

📉 Optimism (OP) fell in price more than others over the past 24 hours — by 7.1%.

Bitcoin is currently worth $27k, Ethereum is trading at $1.8k, Binance Coin is priced at $306.

📈 Of the top 100 cryptocurrencies by capitalization over the past 24 hours, Quant (QNT) showed the largest growth - 2.8%.

📉 IOTA (MIOTA) fell in price more than others over the past 24 hours - by 10.9%.

Bitcoin is currently worth $26.8k, Ethereum is trading at $1.8k, and Binance Coin is priced at $304.

📈 Of the top 100 cryptocurrencies by capitalization over the past 24 hours, XDC Network (XDC) showed the largest growth — 26.6%.

📉 Conflux (CFX) fell in price more than others over the past 24 hours — by 7.6%.

Now Bitcoin is worth $27.1 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $308.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Injective (INJ) showed the largest growth - 9.9%.

📉 XDC Network (XDC) fell more than others over the past 24 hours — by 9.9%.

Now Bitcoin is worth $26.8 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $300.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Terra Luna Classic (LUNC) showed the largest growth — 17.1%.

📉 Filecoin (FIL) fell more than others over the past 24 hours — by 6.0%.

Bitcoin is currently worth $25.7k, Ethereum is trading at $1.8k, and Binance Coin is worth $277.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Kava (KAVA) showed the largest growth - 11.6%.

📉 Pepe fell more than others over the past 24 hours - by 15.4%.

Now Bitcoin is worth $26.9 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $278.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Stacks (STX) showed the largest growth - 15.8%.

📉 Polygon (MATIC) fell in price more than others over the past 24 hours — by 3.0%.

Now Bitcoin is worth $26.3 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $259.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, XDC Network (XDC) showed the largest growth - 1.9%.

📉 Kava (KAVA) has fallen in price more than others over the past 24 hours — by 21.4%.

Now Bitcoin is worth $26.4 thousand, Ethereum is trading at $1.8 thousand, Binance Coin price is $260.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Mina Protocol (MINA) showed the largest growth - 4.2%.

📉 Sui (SUI) fell more than others over the past day - by 3.8%.

Now Bitcoin is worth $26.0 thousand, Ethereum is trading at $1.7 thousand, Binance Coin price is $234.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Sui (SUI) showed the largest growth - 16.6%.

📉 Rocket Pool (RPL) fell in price more than others over the past 24 hours — by 4.6%.

Now Bitcoin is worth $25.9k, Ethereum is trading at $1.7k, and Binance Coin is worth $249.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Injective (INJ) showed the largest growth - 7.3%.

📉 Radix (XRD) fell more than others over the past 24 hours — by 8.2%.

Now Bitcoin is worth $24.9k, Ethereum is trading at $1.6k, and Binance Coin is worth $235.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, Trust Wallet (TWT) showed the largest growth - 12.2%.

📉 Curve DAO (CRV) fell more than others over the past 24 hours — by 10.0%.

Now Bitcoin is worth $25.5 thousand, Ethereum is trading at $1.6 thousand, Binance Coin price is $238.

📈 Of the top 100 cryptocurrencies by capitalization over the past day, CyberHarbor (CHT) showed the largest growth - 59.6%.

📉 VeChain (VET) fell in price more than others over the past 24 hours — by 5.3%.