Daily Bulletin : Elon Musk’s Twitter Logo Replaced With DOGE, Is DOGE Payments The Next Surprise ?
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Hey there, Coinpedia readers! Today we’ve got some interesting headlines to cover, so let’s jump right into it.
Elon Musk, known as the "Dogefather," changed Twitter's blue-bird logo to the popular Doge meme, sparking a fresh growth spurt for the memecoin. In the past 24 hours, Dogecoin has become the top gainer with a jump of over 25%, while Bitcoin and Ethereum saw minor gains on Tuesday morning. Other popular altcoins such as Ripple, Solana, and Litecoin experienced a mix of minor gains and dips.
From Bird to Doge: Twitter's Logo Swap Causes Dogecoin Surge
Twitter's iconic bird logo was replaced with the popular Doge meme, causing mixed reactions from users.
The change resulted in an 25% increase in the price of Dogecoin, proving the meme's influence is still going strong.
This move was made after Elon Musk took control of Twitter in a $44 billion deal in October 2022.
Some users questioned whether the platform had been hacked, but it was just a logo swap.
It remains to be seen whether the logo change will have any lasting impact on Twitter's future.
Binance in Trouble: CFTC Lawsuit Results in Significant Loss of Market Share
Binance recently ended its zero-fee spot trading, resulting in a 16% drop in its market share in spot volumes.
However, the drop in market share was not due to the regulatory action taken by the US CFTC.
Binance only lost 2% of its market share for perpetual futures trade volume.
There was a rumor that Binance's CEO was facing an Interpol Red Notice, but the rumor was not true.
Binance's Chief Strategy Officer clarified that the exchange was working with regulators and taking the necessary steps to comply with regulations.
XRP Takes the Lead: Top US Lawyer Puts 75% of Portfolio in the Cryptocurrency
Pro-XRP lawyer Jeremy Hogan revealed that he holds more XRP than Bitcoin in his long-term cryptocurrency portfolio.
Hogan believes in XRP's potential despite the ongoing legal battle between Ripple and the SEC.
He posted a Twitter thread in November explaining why he thinks the SEC will not win the lawsuit against Ripple.
The XRP community members have applauded Hogan for his faith in the asset class and his support for Ripple against the SEC.
The legal battle between Ripple and the SEC is ongoing, and it remains to be seen what the final outcome will be.
Terra Co-Founder Kwon Could Spend the Rest of His Life in Prison
Terra co-founder Do Kwon's extradition has become a betting opportunity, with bets on South Korea higher than the United States.
The maximum sentence for Kwon's crimes is much higher in the United States than in South Korea.
Kwon's lawyer argued that Terraform had limited contact with the United States.
Kwon could be avoiding the United States to reduce the severity of his punishment.
There are no clear standards and laws in South Korea to determine whether virtual currencies are securities or not.
Bitcoin Stands Strong Amidst Regulatory Pressures, According to Analyst
Senior commodity strategist Mike McGlone believes Bitcoin is "untouchable" by regulators because it's more decentralized than other cryptocurrencies.
McGlone is still bullish on Bitcoin and warns those who don't have some crypto exposure are "seriously silly."
He argues that Bitcoin couldn't be killed by regulators and it's "unprecedented" and "untouchable."
If a recession hits, the price of BTC will likely go down in step with other assets.
Despite ongoing regulatory pressures, Bitcoin is still standing strong and remains a popular investment option.
Thanks for joining us on today's Coinpedia news from the exciting world of cryptocurrencies! Keep an eye out for our next update, where we'll continue to bring you the latest and greatest news from this rapidly evolving industry. Don't miss out on the action!
Daily Bulletin : Elon Musk’s Twitter Logo Replaced With DOGE, Is DOGE Payments The Next Surprise ?
Daily Bulletin : Elon Musk’s Twitter Logo Replaced With DOGE, Is DOGE Payments The Next Surprise ?
Daily Bulletin : Elon Musk’s Twitter Logo Replaced With DOGE, Is DOGE Payments The Next Surprise ?
Hey there, Coinpedia readers! Today we’ve got some interesting headlines to cover, so let’s jump right into it.
Elon Musk, known as the "Dogefather," changed Twitter's blue-bird logo to the popular Doge meme, sparking a fresh growth spurt for the memecoin. In the past 24 hours, Dogecoin has become the top gainer with a jump of over 25%, while Bitcoin and Ethereum saw minor gains on Tuesday morning. Other popular altcoins such as Ripple, Solana, and Litecoin experienced a mix of minor gains and dips.
From Bird to Doge: Twitter's Logo Swap Causes Dogecoin Surge
Twitter's iconic bird logo was replaced with the popular Doge meme, causing mixed reactions from users.
The change resulted in an 25% increase in the price of Dogecoin, proving the meme's influence is still going strong.
This move was made after Elon Musk took control of Twitter in a $44 billion deal in October 2022.
Some users questioned whether the platform had been hacked, but it was just a logo swap.
It remains to be seen whether the logo change will have any lasting impact on Twitter's future.
Binance in Trouble: CFTC Lawsuit Results in Significant Loss of Market Share
Binance recently ended its zero-fee spot trading, resulting in a 16% drop in its market share in spot volumes.
However, the drop in market share was not due to the regulatory action taken by the US CFTC.
Binance only lost 2% of its market share for perpetual futures trade volume.
There was a rumor that Binance's CEO was facing an Interpol Red Notice, but the rumor was not true.
Binance's Chief Strategy Officer clarified that the exchange was working with regulators and taking the necessary steps to comply with regulations.
XRP Takes the Lead: Top US Lawyer Puts 75% of Portfolio in the Cryptocurrency
Pro-XRP lawyer Jeremy Hogan revealed that he holds more XRP than Bitcoin in his long-term cryptocurrency portfolio.
Hogan believes in XRP's potential despite the ongoing legal battle between Ripple and the SEC.
He posted a Twitter thread in November explaining why he thinks the SEC will not win the lawsuit against Ripple.
The XRP community members have applauded Hogan for his faith in the asset class and his support for Ripple against the SEC.
The legal battle between Ripple and the SEC is ongoing, and it remains to be seen what the final outcome will be.
Terra Co-Founder Kwon Could Spend the Rest of His Life in Prison
Terra co-founder Do Kwon's extradition has become a betting opportunity, with bets on South Korea higher than the United States.
The maximum sentence for Kwon's crimes is much higher in the United States than in South Korea.
Kwon's lawyer argued that Terraform had limited contact with the United States.
Kwon could be avoiding the United States to reduce the severity of his punishment.
There are no clear standards and laws in South Korea to determine whether virtual currencies are securities or not.
Bitcoin Stands Strong Amidst Regulatory Pressures, According to Analyst
Senior commodity strategist Mike McGlone believes Bitcoin is "untouchable" by regulators because it's more decentralized than other cryptocurrencies.
McGlone is still bullish on Bitcoin and warns those who don't have some crypto exposure are "seriously silly."
He argues that Bitcoin couldn't be killed by regulators and it's "unprecedented" and "untouchable."
If a recession hits, the price of BTC will likely go down in step with other assets.
Despite ongoing regulatory pressures, Bitcoin is still standing strong and remains a popular investment option.
Thanks for joining us on today's Coinpedia news from the exciting world of cryptocurrencies! Keep an eye out for our next update, where we'll continue to bring you the latest and greatest news from this rapidly evolving industry. Don't miss out on the action!