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Ether Rallies to 8-Month High, Gains Ground Against Bitcoin

Ether (ETH), the native token of Ethereum's blockchain, rose to an eight-month high on Tuesday, outshining market leader bitcoin (BTC), as U.S. stock futures traded higher while the dollar index dipped. Separately, Dogecoin (DOGE) surged on Elon Musk's Twitter logo change. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Dogecoin Soars After Twitter Replaces Blue Bird Logo With the Token's Dog

Dogecoin (DOGE) is climbing after Elon Musk's Twitter replaced the social-media platform's blue bird logo with the cryptocurrency's iconic Shiba Inu dog. The Tie co-founder and CEO Joshua Frank discusses Musk's impact on DOGE prices and the token's geographic distribution. Plus, insights on the latest ether (ETH) rally.

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Markets

Pionero de las Américas: Dogecoin aparece en el nuevo logotipo de Twitter

Los últimos movimientos de precios en los Mercados de Cripto en contexto para el 4 de abril de 2023.

Dogecoin is surging after Twitter changed its logo to the Shiba Inu image that's a symbol of DOGE. (Twitter)

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Dogecoin se dispara después de que Twitter reemplazara su logotipo de pájaro azul con el perro del token.

En el pasado, el CEO de Twitter, ELON Musk, ha demostrado ser un fanático de la moneda meme.

Shiba Inu Doge mascot (Twitter)

Markets

La stablecoin USDC se desvincula y el mercado de Cripto se descontrola tras el colapso de un banco de Silicon Valley.

El precio normalmente estable del USDC cayó a 87 centavos desde $1, mientras que las tarifas del GAS de Ethereum se dispararon horas después de que el banco vinculado a las criptomonedas fracasara.

(DALL-E/CoinDesk)

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Dogecoin Climbs After Elon Musk Tweets Photo of His Dog in Twitter CEO Chair

Meme tokens dogecoin (DOGE) and Floki Inu (FLOKI), named after Elon Musk's shiba inu, are soaring after Twitter CEO tweeted a photo of his dog in the CEO chair. eToro Investment Analyst Callie Cox weighs in on this speculation, warning investors to "be careful."

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Bitcoin Jumps Back Above $22.5K After CPI Report

Bitcoin climbed back above $22,500 as crypto traders reacted to the Consumer Price Index (CPI) rising 0.5 percent in January. eToro Investment Analyst Callie Cox discusses how the inflation data could impact risk assets and Federal Reserve's upcoming interest rate decisions. Plus, insights on DOGE soaring after Twitter CEO Elon Musk posted a meme involving his dog Floki.

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Elon Musk Tweets Photo of His Dog as 'New CEO of Twitter,' Dogecoin Jumps

CoinDesk data shows that the price of DOGE has risen over the past 24 hours after Twitter CEO Elon Musk posted a photo joking about his dog Floki as the new boss of Twitter. Musk replaced Parag Agrawal as CEO of Twitter when his acquisition deal for the social networking platform closed on Oct. 27. 

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DOGE y FLOKI se disparan después de que Musk tuiteara una foto de su perro en la silla del CEO de Twitter.

DOGE, FLOKI y SHIB suben, mientras que BONK se mantiene estable después de que Musk declarara que su perro FLOKI es un increíble CEO de Twitter y "mejor que ese otro tipo".

(Getty Images)