Is Dogecoin coming to Twitter? Watch The Market Report

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The Market Report with Cointelegraph is live! Tune in to watch Cointelegraph’s resident expert, Marcel Pechman, discuss why Twitter and Dogecoin have been making the rounds recently.

On April 3, social media giant Twitter changed its icon to that of the symbol on the popular meme token Dogecoin, which is up sharply in light of the news, with its price surging by more than 22% in an hour to $0.09784. The icon change took place platform-wide and is directly visible by the social media giant’s estimated 360 million monthly active users and visitors to the platform alike.

Is there anything tangible here, or is it just a nothing burger? Should the crypto industry really be paying attention to such news involving Musk and Dogecoin? Pechman has some strong opinions on the matter.In a warning letter released on Friday, Japan’s Financial Services Agency said that a number of foreign cryptocurrency exchanges, including Bybit, MEXC Global and Bitget, have been conducting business in the country without proper registration, violating the nation’s fund settlement laws.

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