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X (formerly Twitter) has updated its paid partnership policy in a way that effectively restricts paid promotional content related to cryptocurrencies and financial products. The change comes as the platform continues to deprioritize crypto content in its algorithm, citing concerns about spam and low-quality “engagement farming.”
Under the updated X rules, content related to financial products, services, or opportunities—including credit, investment services, and cryptocurrency—can no longer be offered through paid partnerships.
The policy also requires that all paid partnership posts include clear disclosures such as “advertisement” or “promoted content,” and that they comply with local laws. X lists several potential sanctions for violations, including tweet deletions, shadow bans, read-only mode, and permanent suspension.
The update follows earlier comments from X Head of Product Nikita Bier, who said crypto content is deprioritized because the platform opposes mechanisms that can provoke spam and user harassment. The article notes that, amid a generally negative market backdrop, crypto content does not appear to be viewed as attractive or valuable by X management.
With March underway, attention is turning to Shiba Inu (SHIB). February has ended, and the crypto market is entering a period that has historically been relatively favorable.
In March 2024, SHIB posted a 145.2% monthly increase. The token also rose further during the month before correcting toward the end of the period. Investors are now watching whether SHIB can replicate that performance.
Charles Hoskinson, the crypto entrepreneur associated with the creation of Ethereum and Cardano, commented on the launch of USDCx on Cardano. USDCx is described as a version of Circle’s USDC, a Tier-1 stablecoin with a market capitalization exceeding $77 billion.
Hoskinson said Cardano previously lacked a stablecoin of that scale and that USDCx represents an “awesome accomplishment.” He also suggested that additional upgrades are expected.
In his remarks, Hoskinson referenced criticism directed at IOG and said he continues to focus on progress for the Cardano ecosystem. He also urged users to leave X, adding that staying on the platform could lead to “mental harm and destruction” to one’s “soul,” a point framed as relevant given X’s current stance toward crypto accounts.
He further noted that some events, such as an ADA voucher, caused permanent damage, while emphasizing that there is still “much unfinished work” and that stakeholders should work together to move forward.
Several scheduled macroeconomic releases in the first week of March are highlighted as relevant for the crypto market:
From a trading perspective, the article points to March 5 PMI and the overall NFP week as likely to bring the most volatility. The consensus for payrolls is 130,000, and it notes that any surprise could trigger a 3% to 7% move in Bitcoin.
It also suggests that between March 7 and 9, markets may pause ahead of the next FOMC developments, though reactions to the earlier data could still carry over.
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