Is Dogecoin coming to Twitter? Watch The Market Report

This week connected The Market Report, Cointelegraph expert and writer Marcel Pechman breaks down everything that has been happening betwixt Twitter, Elon Musk and Dogecoin (DOGE). He besides covers the Changpeng “CZ” Zhao apprehension rumors and Japanese crackdowns connected crypto exchanges.

Bitcoin terms bounces aft CZ apprehension rumors arsenic traders oculus $30K next

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 connected Bitstamp. Its lowest since March 28, the show followed an outbreak of claims that Binance CEO Changpeng “CZ” Zhao, already under probe by United States regulators, is present wanted by Interpol. The claims came from an accidental leak of an encrypted tweet by the backstage Twitter relationship Cobie, which appeared to deficiency evidence, resulting successful a marketplace rebound. Bitcoin (BTC), however, rapidly bounced backmost and is present trading astatine implicit $28,000 and has immoderate investors and manufacture experts looking toward a pump to $30,000. Could we spot this happening anytime soon? Pechman explains the reasoning down these claims. 

Elon Musk changes Twitter icon to Doge aft seeking suit dismissal

On April 3, societal media elephantine Twitter changed its icon to that of the awesome connected the fashionable meme token Dogecoin, which is up sharply successful airy of the news, with its terms surging by much than 22% successful an hr to $0.09784. The icon alteration took spot platform-wide and is straight disposable by the societal media giant’s estimated 360 cardinal monthly progressive users and visitors to the level alike. Shortly aft the icon change, the Twitter and Tesla CEO tweeted a meme, which appears to connote that the alteration volition beryllium astir for immoderate time. Is determination thing tangible here, oregon is it conscionable a thing burger? Should the crypto manufacture truly beryllium paying attraction to specified quality involving Musk and Dogecoin? Pechman has immoderate beardown opinions connected the matter.

Japan FSA flags Bybit, others for operating without registration

In a informing missive released connected Friday, Japan’s Financial Services Agency (FSA) said that a fig of overseas cryptocurrency exchanges, including Bybit, MEXC Global and Bitget, person been conducting concern successful the state without due registration, violating the nation’s money colony laws. The FSA’s enactment follows a crackdown connected unregistered crypto exchanges successful the East Asian nation. In 2020, the FSA introduced caller regulations requiring crypto exchanges to registry with the bureau and get a licence to run successful Japan. Pechman explains what is going connected and if this is different crackdown connected crypto.

The Market Report airs each Tuesday astatine 12:00 p.m. ET (5:00 p.m. UTC), truthful beryllium definite to caput connected implicit to the Cointelegraph Markets & Research YouTube page and smash those Like and Subscribe buttons for each our aboriginal videos and updates.