Dogecoin

What is dogecoin

 The new CEO of Twitter is amazing. This is a tweet from Elon back in February, February 14th, 2023. One, I want to talk about this. I mean why did Elon Musk change the Twitter logo to the Doge queen cryptocurrency meme? And this is a little bit of an ironic video because we're talking about this and it is literally the case right now. If you go to Twitter, this is the logo. It used to be a bird that the Twitter bird. Let me know what you think about this in the comments below.

And it's irony, this video, because at the same time we're going to talk about this headline, why this happened, and we're also going to talk about this crypto survival on the line, crypto survival on the line in the US. It is a whirlwind of insanity and crazy headlines. If you're in crypto and if you, if you are spending your day in day out in crypto or working in crypto all the time like me, it becomes a lot to try and absorb and digest all of these things that are happening at any given time.

So let's start. Let's talk about Elon changing the Twitter logo to the Doge coin crypto and hit that like button on the way in subscribe if you're not a subscriber. So on Monday, without warning, the iconic Twitter bird logo above the home button on the social networks web version change the Doge of the Doge coin cryptocurrency. So there it is once again. Used to be a bird, now it's doge coin. The back story is kind of the back story is what it gets me. It's what makes it kind of more entertaining and engaging of what's happening right now. So.

Check it out, Elon Musk. There's nothing unlawful about tweeting words of support for a funny pictures about a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion. I tend to agree with him. This is a huge market cap, $10 billion market cap. And his tweets are just they're engaging. They're they're humorous. I get he has a huge platform, but it's like it's it's not a big deal in my opinion. And there's one of his tweets, right. So this happened.

And if we go to the further back story of why he actually did it, now this is going back around over a year actually he was in this thread with this other Twitter user chairman and he said just buy Twitter and change the bird logo to a doge. And Elon said that would be sick. And here we are around a year later and he just did it. And that's, that's, that's what's going on right now, everybody. That's the story, that's the chain of events and that's the world that we live in right now.

I think it's funny. I I think it's good for crypto. I don't think it's, I don't think there's any harm here. We're in a new culture. We're in a brand new digital age and this is it. This is a $10 billion right, $10 billion market cap crypto. I'm pretty sure that's what it I don't actually I don't know what the market cap of Doge Quinn right now as I do this video is, but as Elon was alluding to it's a huge market cap for crypto for for this Doge Quinn now that is happening.

Twitter, one of the largest social media platforms in the world, changing to a cryptocurrency loco, a meme coin. Nonetheless, while this is happening, SCC's coin based fight puts exchange crypto survival on the line. I know that's was this is from March 27th. This is a you know like a week ago this article but this is happening right now in real time 2 exchanges. So just came across this tweet another crypto exchange ending service to US customers bit true. I don't know about you, I've used bit true. 

They're they're kind of a go to if you there's certain cryptos that come on the market and get listed before other exchanges and look at this everybody. Unfortunately due to regulatory uncertainty in your region, we're currently unable to offer services in the US this is happening. Here we go. This is Richie over at Bitrix. This is March 31st days ago, bittersweet day this month we turn 9 today Bitrix is beginning the process of winding down its US operations. So bit true.

Vitrix and and just this continues right this this threat on crypto in the United States this attack on innovation in the United States continues so this is from March the end of March this week Coinbase revealed last week the SEC had served it with a wells notice at Coinbase is Coinbase. Coinbase is huge it's it's it's like the go to for many many people in the US.

The SEC's decision to target Coinbase global for enforcement action sets the stage for a protracted legal battle that threatens the top US crypto exchange and potentially the entire US digital assets sector. Now I want to know your thoughts. How do you think this is all going to play out? Because we are. We're in it right now. We are in this crazy battle of unknown. And This is why it's probably important to just kind of interject here and say it's wise to get your crypto off of exchanges. Just don't know how these things are going to go down.

Don't know if crypto's going to get locked up when these things go down. It's just better to not leave crypto on exchanges. So Coinbase declined to comment. But this is, this is kind of foundational to the, the bigger headline here. Everything that's going on with all of these exchanges. Coinbase kind of a fighter in the ring right now. So Paul Gruell said, and this was on a blog post, if needed, we welcome a legal process to provide the clarity we have been advocating for and to demonstrate that the SEC simply has not been fair.

More reasonable when it comes to its engagement on digital assets, until then, it's business as usual. Today's news does not require any changes to our current products or services. So as of now, Coinbase, the go to just still doing its thing, business as usual. But not only that, it's kind of like they're in it, they're in it to get clarity, they're in it to fight, they're in it for the industry. And I think that is incredibly important and a really, really influential story.

Throughout all of crypto right now, how is this going to play out? What is going to happen in the courts with this, what is going to happen with the courts with the XR or the Ripple case, what is going to happen? We're we're hopefully going to find out sooner than later so we can get some direction of what is going on in this country. So I wanted to bring it up and really get your thoughts in the comments below. Everybody just seeing this happen day in and day out, so discouraging really seeing these tweets, it's not this is not good headline.

Just bit true ending bit tricks ending Coinbase in in the battle right now thankfully. Coinbase thankfully deciding to to to fight and try and get some clarity here. So those are the two events today. Ironic because one is just kind of lighthearted. You have the the Twitter logo changing to the doge coin right there you see at top of the screen and then the other is just US under the.