$BTTC Elon Musk is actively developing a payment system for X (formerly Twitter). In a recent announcement, X's CEO, Linda Yaccarino, revealed plans to introduce "X Money" in 2025. This initiative aims to transform the platform into an "everything app," integrating various services, including payments.
Now, X (formerly Twitter) has been tied in developments since early days, check this out :
*Twitter's Use of BitTorrent Technology:*
Twitter uses BitTorrent technology internally to deploy code across its servers efficiently.
In 2010, Twitter created a system called "Murder" to speed up and streamline these updates.
*BitTorrent's Feature Involving Twitter:*
In 2010, BitTorrent added a "Torrent Tweets" feature in its µTorrent client, allowing users to share hashtags and discuss files on Twitter.
Although, there’s no official business partnership between X (formerly Twitter) and BitTorrent. We can't hinder from the speculation that these two will partner up.
--- *Elon Musk’s Plans for X (formerly Twitter):*
Musk aims to make X an "everything app" by integrating payment services.
The company plans to launch a payment system called X Money in 2025.
*First Financial Features:*
Peer-to-peer (P2P) payment functionality is expected to debut soon.
*Challenges in Development:*
Legal issues in New York delayed earlier plans to establish X as a payments platform.
*Current Focus:*
X is continuing to pursue its financial services goals, with progress on track for a broader rollout by 2025.
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Researched about BTTC (BitTorrent) 's core fundamentals and its functions and guess what?!! found out that its a very usefull peer-to-peer (P2P) file-sharing protocol used to distribute large amounts of data over the internet. Instead of downloading a file from a single server, BitTorrent allows users to download pieces of the file from multiple sources (other peers) simultaneously.
Lets Go! whatever the current price is. Its USEFULL!
Here's a list of BitTorrent'partnership / collaboration footprints :
*Facebook & Twitter*
Used by companies like Facebook and Twitter to distribute updates to their servers.
Facebook and Twitter improved server deployment speeds using BitTorrent.
*Partnerships with streaming platforms*
BitTorrent launched an original content platform (BitTorrent Bundle) in 2015.
*TRON blockchain and AI partnership*
BitTorrent is associated with the TRON blockchain.
In 2023, BitTorrent announced its first AI partnership combining AI with blockchain tech.
and many more!
Cleverbridge: A technology partner assisting with payment processing and e-commerce solutions.
Travis CI: A channel partner providing continuous integration services to streamline software development processes.
Accrualify: A technology partner offering spend management solutions to improve financial operations.
Bitdefender: Collaborated to provide a free Virus Guard application, enhancing user security by proactively protecting against malware and other e-threats.
Warner Bros.: Partnered to distribute films through BitTorrent's platform, marking BitTorrent's first authorized peer-to-peer film distribution agreement.
CoinPayments: Integrated BitTorrent's native token (BTT) into CoinPayments' crypto payments gateway, facilitating broader adoption and utility of the token.
TRON Foundation: After being acquired by TRON, BitTorrent integrated blockchain technology into its platform, enhancing decentralized file sharing capabilities.
The overall trend leading up to this point shows a significant downtrend, followed by a possible base formation. The last few candlesticks appear to signal consolidation.
Recent Candlesticks:
The last few candles have relatively small bodies, with low volatility indicating indecision or balance between buyers and sellers.
There's no strong bullish or bearish breakout yet.
Potential Pattern:
The recent candles resemble spinning tops or doji-like formations, which often signal indecision and a potential reversal if occurring after a downtrend.
The volume slightly picks up around these candles, hinting at possible accumulation.
Support and Resistance Levels:
Support: Around 0.00000096, where the price recently bounced.
Resistance: Around 0.00000114, which is being tested now.
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Likely Scenarios:
1. If the price breaks above 0.00000114 with high volume, it may start an upward reversal or bullish momentum.
2. If the price drops below 0.00000096, it could signal a continuation of the bearish trend.
Focus: This project presents itself as a delightful crypto adventure with a cat meme theme, aiming to create a vibrant community for cat meme enthusiasts on the BNB Chain.