The Brazilian central bank digital currency (CBDC), previously commonly referred to as the “digital real,” has been given its official brand name: the Drex. On Aug. 7, the Central Bank of Brazil issued a press release revealing and explaining the new brand for its CBDC. Developed by the central bank, the brand “Drex” is an acronym: “‘D’ and ‘r’ allude to Real Digital; the ‘e’ stands for electronic and the ‘x’ conveys the idea of modernity and connection, the use of distributed ledger technology (DLT).” Along with the brand name,…
Tag: Logo
TD Bank registers logo with USPTO for crypto payment services
Mike Kondoudis, a licensed trademark attorney, has confirmed that the United States Patent and Trademark Office (USPTO) officially registered the TD Logo for crypto purposes. Among cited examples include payment gateway services and payment processing using cryptocurrency units, signalling the bank’s growing involvement in the industry. New registrations In a July 12 tweet, Kondouis shared the new United States cryptocurrency trademark registration for The Toronto-Dominion (TD) Bank, one of the top 10 North American banks, on July 4. The summary mentions the registration of IC 035 for statement production and…
Dogecoin price surged and DigiToads presale interest spiked after Twitter changed logo
In an unexpected move, Twitter recently changed its logo to include the iconic meme dog from dogecoin (DOGE), driving the meme coin’s price higher. At the same time, interest in the digitoads (TOADS) ongoing presale is surging as the project has raised over $2.45m. In this article, we’ll explore the impact of Twitter’s logo change on DOGE and TOADS. At the same time, we shall discuss why investors should consider these tokens as they diversify their crypto portfolios. DigiToads In parallel with this Twitter outburst and dogecoin’s price increase, interest…
Biggest Movers: DOGE Down 8% as Twitter Removes Logo – Market Updates Bitcoin News
Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The meme coin raced to a four-month high earlier in the week, after the social media giant unexpectedly added a cartoon image of doge on its website. Overall, crypto markets were mostly lower, with xrp a notable exception. Dogecoin (DOGE) Dogecoin (DOGE) fell for a fourth consecutive session on Friday, as Twitter finally removed the doge icon as its logo. DOGE/USD surged to a high of $0.1048 on Tuesday, however as…
Dogecoin (DOGE) Drops 8% after Musk Returned Bird Logo on Twitter amid $258B Lawsuit
Reportedly, two of the top Dogecoin whales reduced their holdings by $1.4 billion during the three days the DOGE image appeared on the Twitter web. The Dogecoin (DOGE) community had a short-lived thrilling moment after tech billionaire Elon Musk removed a dog-themed logo from Twitter Inc. Three days ago Musk switched Twitter’s famous bird logo with a DOGE avatar. As a result, the Dogecoin price gained nearly 30 percent to hit $0.1026. Dogecoin price has, however, declined approximately 7.89 percent during the past 24 hours to trade around $0.085 during…
Dogecoin Drops After Elon Musk's Twitter Stops Using Shiba Inu Logo
Dogecoin Drops After Elon Musk's Twitter Stops Using Shiba Inu Logo Source
Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
Data shows funding rates, or a fee paid by leverage traders to remain in a futures position, is an average of +0.01% on cryptocurrency exchange Binance, which has the highest open interest among counterparts, and a similar fee on Bybit. Rates on OKX are fluctuating between -0.04% and +0.02%. Positive rates imply leverage is skewed on the bullish side. Source
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change – Bitcoin News
After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin proponents expressed distaste for the logo change, and a few insisted that Elon Musk was promoting “unregistered securities” by making the change. Doge Logo Change Has Upset a Handful of Bitcoiners, While Others Oppose the Discontent On April 3, 2023, the Twitter logo was changed to a…
DOGE up 30%, Following Twitter Logo Change – Market Updates Bitcoin News
Dogecoin continued to trade close to a four-month high on Tuesday, following a 30% price surge to start the week. The rally came after Twitter changed its logo from the traditional blue bird, to a cartoon picture of Doge. Shiba inu was also higher, as it moved to a multi-week high. Dogecoin (DOGE) Dogecoin (DOGE) was one of today’s biggest gainers, as markets continued to react to Twitter’s logo change. DOGE/USD raced to a high of $0.1026 late on Monday, following a low of $0.07663 earlier in the day. As…
First Mover Americas: Dogecoin Pops on New Twitter Logo
The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source