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What’s Happening in Crypto: Dogecoin is the New Face of Twitter!

Welcome to April, Quidaxians! 🥳 It’s the start of a new quarter, and after the market grew by 45% in Q1 🤩, we’re all hyped about what’s in store for everyone in the next three months! 

* The crypto market grew by 45% in Q1 2023

Crypto’s rise came in line with growth in the U.S economy as well 👏. And, while everyone is still looking for how best to beat inflation, remember that you don’t have to worry about it thanks to our Dollar Savings tool 💰.

Dogecoin is Twitter’s New Icon 🐶

DOGE is up again, people! Everyone’s favorite meme coin got a huge boost earlier this week when Twitter officially changed its logo from the famous bird to the Dogecoin logo 🤯.

Immediately after he logo change happened, DOGE investors were hyped 💪. And, at the moment, the coin’s price is up by 22.01% in the past week! 

NOTE: We recently relaunched our Quidax Global Community Telegram group after the old one went offline. It’s been popping so far, and there are a lot of awesome opportunities for members. 

We’d love for every Quidaxian back in the group, so please join in here

 

ETH Hit A 7-Month High 🚀

DOGE wasn’t the only coin to hit a major high this week. Ethereum (ETH) was also on an impressive run, thanks mostly to anticipation over two major network upgrades 🛠️. 

On Wednesday, the price of ETH crossed $1,900 for the first time in months 😋. It came back below that point, but it’s still trading very close. Is another bounce still to come?

MicroStrategy Now Has 140,000 BTC 😱

Bitcoin’s biggest investor is making waves again! 👀 Less than three years since they first bought BTC, MicroStrategy has continued to load up on the coin like they’re eating cereal. 

This week, MicroStrategy bought another 1,045 BTC for about $24 million. The purchase means that the company now had 140,000 BTC – worth over $4 billion! 🤩These guys aren’t joking around! 

The Swiss Government Likes Crypto 🇨🇭

This week, PostFinance – a bank owned by the Swiss government – announced that it would start allowing its customers to buy, store, and sell cryptocurrencies 👏. 

The new service is expected to support just Bitcoin and Ethereum, but PostFinance plans to expand its reach in the future. What’s next? A CBDC, maybe? 🤷‍♂️

Trump NFTs Are Doing Huge Numbers! 👀

Former U.S President Donald Trump was charged with fraud earlier this week – the first time in history that this will happen 🙈. While it was bad news for the former Commander-in-Chief, it was great news for the non-fungible tokens (NFTs) he launched in Decmeber.

According to sources, the Trump NFTs sold about $70,000 worth of tokens in the 24 hours after he was charged​​ 😂. This is still far from the high of $3.53 million back in Devcember, but it’s not so bad.

Disclaimer: All content in this article is general information and is not the opinion or perspective of any particular individual or entity. Nothing in the article is professional and/or financial advice. Evaluate all information properly before making decisions.

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