Crypto News Weekly Digest 07.04.2023

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2023-04-07

 

 

Crypto market

 

BTC - $27967 -0.36%. Bitcoin is trading with high volatility. Low trading volume does not allow a clear trend to be established. At night, the crypt fell to $27,780 and rose to $28,120. It is currently trading at around $28k.

Viola market in the mixed zone. The investor greed index is 64 points. 

 

Trading volume $36.2 billion.

Growth leaders among altcoins are ENJ, INJ, FXS.

Fall leaders are HEX, DOGE, TWT.

BTC dominance is 47.41%.

Altseason index 22.

 

Dogecoin (DOGE) Price Tanks 9% As Twitter Restores Original Logo

 

The party seems to be over for meme coin Dogecoin as the DOGE price tanked by over 9% just after Twitter restored its original blue bird logo. As of press time, DOGE is trading at a price of $0.085 and a market cap of $11.8 billion.

 

Earlier this week on Monday, Twitter owner and billionaire Elon Musk changed the Twitter logo to a Shiba Inu “meme”. It was enough to create a massive euphoria within the Dogecoin community pushing the DOGE price all the way up to 10 cents.

 

As we know, Elon Musk has been an ardent supporter of Dogecoin. Explaining his move, he said that the change in the logo was just to keep a promise on his earlier conversation with a Twitter user.

 

The dogecoin community has pretty high hopes from Elon Musk that he would make DOGE the currency of Twitter in the future. However, it could also mean attracting regulatory scrutiny and no one is sure enough, how will Musk pull this off.

 

Thailand Leader: Will Airdrop $300 In Crypto If Elected To Power

 

In a strange development that could shake the crypto market in the next few months, Thailand's opposition party leaders made an innovative election promise that involves giving away crypto tokens. The party leaders made the promise in the wake of the country’s bad economic situation. Latest reports suggested that Thailand’s main opposition party is offering to give away $15 billion in cash via blockchain-based digital wallets. The move is intended to revive the country’s economy and fight debts.

 

The Ukrainian NFT collection got a token autographed by Zelensky

 

The President personally signed a printed copy of NFT No. 1, which depicts him as a militant cat in his black sweatshirt embroidered with the coat of arms of Ukraine.

NFT #1 will be sold with a signed copy as part of an auction. The proceeds (about $1 million) will be used to purchase 4 drones.

The project is being implemented jointly with the Ministry of Digital Development. There are 10 thousand ZSU seals in the collection.

 

Bitcoin guide found on Apple macOS gadgets

 

Technical documentation has been present in all versions from Mojave to Ventura since 2018.

The document can be seen if you search in the system folder using the Finder or use the "Virtual Scanner II" to delve into Image Capture.

Apple's motives are not clear. 

 

Gucci and NFT-company Yuga Labs will release crypto jewelry.

 

The fashion house will create 3333 NFTs, which will give some advantages during gameplay.

Those who wish can buy NFTs, which gives them the right to receive decorations at the end of 2023.

NFT sales will start on April 7 at 02:00 Kyiv time at a price of about $1.9k (450 APE).

 

The MetaMask wallet will allow you to store NFT tokens in a browser extension.

 

Starting with version 10.28, the wallet will have a dedicated tab for viewing and sending NFTs.

ERC-721 and 1155 tokens will be supported if automatic discovery is enabled in the settings.

For now, they will only be displayed, and only ERC-721 tokens can be sent. ERC-1155 forwarding will be added later.

 

Elon Musk dismisses $258 billion lawsuit

 

Recall that he was accused of managing the Dogecoin pyramid through tweets and other messages with a hidden meaning.

The defendants also named the company Tesla and the developers of the Dogecoin Foundation cryptocurrency.

Musk's lawyers pointed out that the plaintiffs did not provide real evidence that Musk concealed the risk of crypto, nor did they prove that they suffered real losses due to his actions.

 

It became clear why the Binance exchange is being scammed

 

It turns out that the CFTC lawsuit states that on the international platform Binancecom, the US (19%) and China (14%) are in the top demographics of traders.

The lawsuit also says that, despite the ban on servicing Americans, their share in the traffic of the exchange until mid-2020 was 20-30%.

And this is about 3 million accounts. Among which are such large firms as the Chicago-based Radix Trading.