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Dogecoin Price Surges Over 4% After Elon Musk's Tweet

In a recent tweet, tech billionaire and Dogecoin advocate Elon Musk made a joke about a fee for visiting Twitter headquarters, which he suggested should be paid in DOGE.> Responding to a user who expressed interest in visiting the head office of the social media platform, Musk quipped that it would "cost 3 Doge."> This is significantly less than the $8 USD monthly fee that Twitter charges for a blue verification check. At the time of writing, three Dogecoins are valued at $0.222040 USD.> Following Musk's tweet, the price of Dogecoin, the largest meme token by market cap, experienced a surge, rising over 4% to reach $0.0785.> While the price has since dropped slightly to $0.0776 on the Binance exchange, the initial increase may be attributed to enthusiasm from the Dogecoin community. More here

Cody Harris, a member of the Texas House of Representatives, has introduced a resolution expressing support for the Bitcoin economy in the state.> In his resolution, Harris urges lawmakers to protect individuals who code or develop on the Bitcoin network, as well as miners and Bitcoin holders operating in Texas.> He also argues that Texans' constitutional rights should extend to digital assets, preventing any attempts to seize or search residents' crypto holdings.> Harris emphasizes the importance of Bitcoin mining in Texas, stating that "individuals who mine Bitcoin in Texas will never be inhibited by any law or resolution."> He also assures those who use Bitcoin to store their wealth or make peer-to-peer transactions with other law-abiding Texas citizens that they will "always feel free and safe in their ownership and use of Bitcoin." Details here.Terraform Labs Co-Founder Do Kwon Arrested in MontenegroOn March 23rd, the Minister of the Interior of Montenegro, Filip Adzic, announced the arrest of an individual suspected to be Do Kwon, co-founder of Terra Luna, within the Balkan nation's borders.> Local news outlet Vijesti later confirmed the authenticity of the tweet and that the arrested person was a South Korean national.> "The former 'crypto king,' responsible for losses exceeding $40 billion, was arrested at Podgorica airport with fake documents," stated Adzic. "He is wanted by South Korea, the United States, and Singapore. We are waiting for official confirmation of his identity."> Since December 2022, South Korean prosecutors had been alleging that Kwon was hiding in Serbia, which has no extradition agreement with South Korea. More here.[/body]

[title]FTX Group to Recover $404 Million in Proposed Settlement with Modulo Capital

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FTX Seeks to Recover $460 Million in Misused Customer Funds

Bitcoin and Major Cryptocurrencies

Bitcoin and Major Cryptocurrencies Defy Rate Hike: Market Resilience Amid Federal Reserve Decision

> Bitcoin maintained its position above $28,000 on Thursday, as leading cryptocurrencies appeared unfazed by the U.S. Federal Reserve's 25-basis point rate increase and ongoing apprehensions about the banking industry and upcoming monetary policy choices.> BTC, the top cryptocurrency by market cap, traded near $28,200 on Thursday afternoon, experiencing a 4% increase within the last 24 hours.> Earlier in the day, BTC had reached as high as $28,800, demonstrating a temporary resurgence of confidence in high-risk assets.> Ether, the second-largest cryptocurrency by market cap, saw an over 5% gain, trading around $1,818 on Thursday afternoon.> Earlier, it had soared to $1,858, its highest point since August. Meanwhile, Litecoin (LTC) increased by 12% during the day, hovering around $93.> Coinglass data revealed that traders had liquidated around $3 million of LTC short positions within the past 24 hours, boosting the price from around $83 a day earlier.> Additionally, Aptos' native APT token, a Layer 1 blockchain, climbed over 7% to settle near $13.

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Cryptocurrency roundup for March 24: Elon Musk overtakes Twitter HQ, Texas House representative introduces... - Moneycontrol