Welcome to another weekly recap of all things crypto from your favorite portfolio tracking and trading platform, Coinigy.
If you were tracking Dogecoin with us last week, you’d surely have seen (and maybe profited?) from the spike.
Everyone knows Doge is the crypto child of the former world’s richest man and Twitter owner, Elon Musk. In his usual mysterious fashion last week, Elon changed the Bird app’s logo to the Doge logo.
Why did he do it?
Well, no one really knows, but he made it seem like he was responding to a previous Tweet. Whatever his reasons, the change pushed Dogecoin to some pretty impressive heights.
If you didn’t see the logo when it was up, it's probably too late now, since he has changed it.
There are lots of talk in the space that Elon might just integrate Dogecoin as a payment method on the Bird app. Anyway, what do you think?
Here are the latest highlights from the past week.
- Satoshi Nakamoto celebrates his 48th birthday
- Government-Owned bank Postfinance to offer crypto to customers
- Elon Musk changes Twitter’s logo to Doge
- Bitcoin marketplace Paxful to shut down amid legal battle with co-founder
Satoshi Nakamoto celebrates his 48th birthday
Though the identity of the Bitcoin creator and thus their birthday remain unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one year on their P2P Foundation profile — suggesting a birthday of April 5, 1975. Read more.
Government-Owned bank Postfinance to offer crypto to customers
PostFinance, which is owned by the Swiss government, will first provide its 2.5 million clients access to purchase, store, and trade Bitcoin and other cryptocurrencies. Sygnum, a digital asset bank, serves a variety of institutions, including Cantonal banks and private banks. Read the full story.
Elon Musk changes Twitter’s logo to Doge
Was it a delayed April Fools’ Day prank, a trolling response to Elon Musk’s ongoing lawsuit, or a sign Twitter would integrate the OG joke cryptocurrency? These were among the countless questions ricocheting around the Twitter-sphere after the social media platform’s blue bird icon was replaced by Dogecoin’s shiba inu logo on April 3. Read the full story.
Bitcoin marketplace Paxful to shut down amid legal battle with co-founder
Paxful, a global peer-to-peer (P2P) cryptocurrency exchange with operations in Nigeria is suspending its market operation. Ray Youssef, the CEO of Paxful who made this public in a statement on April 4, 2023, cited regulatory issues and staff departure as key reasons behind the indefinite suspension. Read the full story.