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Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Crypto Censorship Hits Twitter: Top Influencer Accounts Suspended Mysteriously

Tony "The Bull" Severino
Tony "The Bull" Severino
1 year ago
3 mins read
crypto censorship nft twitter bitcoin btc eth

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Overnight last night, the Twitter accounts of many crypto influencers and top Bitcoin supporters mysteriously were suspended without warning.

Speculation pointed to accounts being targeted that had previously been tweeting about the popularity of NFTs, causing conspiracy theories to circulate and other major accounts to go private. Here’s what’s really going on behind the strange incident.

The Mysterious Crypto Twitter Suspension Saga

Over the last year, cryptocurrencies like Bitcoin have shown how strong their fundamentals are and how far they’ve come in ten years. And there was never any denying the technology’s disruptive potential.

However, the asset class still remains more speculative than currently applicable to society. Like the internet before it, that’ll eventually change and real utility will be created, for now, part of the allure of crypto is the speculation itself.

Related Reading | Fund Manager Bashes Bitcoin: An Extreme Form of Libertarian Anarchism

It attracts the likes of angel investors, entrepreneurs, evangelists, anarchists, researchers, economists, and pseudonymous characters who all join in on the predicting future price action and industry outcomes.

This speculation takes place on Reddit, Internet forums, and social media platforms like Twitter. However, last night, several key crypto industry figures and influencers suddenly had their accounts suspended without warning.

Among the figures whose accounts were locked unexpected, was Bitcoin expert Willy Woo, stock-to-flow model creator Plan B, and popular account Crypto Dog.

total crypto market cap bitcoin twitter

The total cryptocurrency market cap is approaching $2 trillion | Source: CRYPTOCAP-TOTAL on TradingView.com

Word spread that the suspensions were related to NFT discussion, though there’s no evidence to support the spreading conspiracy theory. In response, several other “crypto Twitter” influencer accounts went private to avoid suspension, but when the accounts began being restored, these accounts have since been unlocked.

According to Plan B, users affected began receiving apology letters from Twitter, explaining the situation as a sweeping spam-removing effort that incorrectly impacted some innocent users.

Plan B’s account and all followers were restored after tweeting directly at Jack Dorsey – Twitter’s CEO and well known Bitcoin bull.

Related Reading | Running Bitcoin: Passing The Torch From Hal Finney To Jack Dorsey

Suspensions being related to NFTs aren’t likely, as Dorsey himself recently auctioned off his first tweet ever as an NFT. Dorsey is also the CEO of payments company Square Inc., who is part of the growing list of companies buying BTC as part of their corporate treasury strategy.

Twitter and Dorsey himself have recently come under scrutiny for censorship, which likely caused the knee-jerk reaction by the community to lock down accounts and fear the worst. But Dorsey is a crypto supporter and supporter of innovation, and considering his involvement in Bitcoin thus far, the last thing he’d have his company do is stifle chatter related to innovation in the sector.

Featured image from Deposit Photos, Charts from TradingView.com
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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Strict editorial policy that focuses on accuracy, relevance, and impartiality

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