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Elon Musk, the owner of Twitter and a strong supporter of the original meme coin Dogecoin, will resign as the CEO of social media platforms and focus on product development. He will serve as Twitter's Chief Technology Officer (CTO)

According to TradeView, Dogcoin [DOGE] plummeted by 5.4% on May 8th, causing a bearish break from its previous price consolidation range (yellow)

This morning, Dogecoin surged 8% to $0.1 in just one hour, and the on chain analysis account Lookonchain claimed that Musk was the largest whale to transfer out 300 million Doges 5 hours agoMusk's unique love for Dogcoin is a well-known fact in the cryptocurrency market, including Musk's previous announcement to build a payment system on Twitter, which was once seen as good news by Dogcoin investors, believing that Musk may support the use of Dogcoin within Twitter payments

Source: Economic DailyUp 16 times in just one monthWhy is Dog Coin So CrazyOur reporter Li HualinAfter Bitcoin broke historical records one after another, another virtual currency, Dogcoin, has recently successfully "gone viral" and attracted market attention.According to data provided by the well-known digital asset trading platform OKEx, as of the morning of February 8th, Dogcoin was quoted at $0

Reporter | Zou LuhuiEdit|The US stock market continues to play big games. As the long short battle between US retail investors and Wall Street institutional investors continues to ferment, cryptocurrencies have also been trapped in this battle in the past two days, once again presenting a price myth of 8 times a day and 10 times a day

Nine years ago today, dog coins were first mined, and memes were celebrating their ninth birthday.Forbes reported that the leaked Twitter code shows that a cryptocurrency is being developed, which has raised serious doubts about the practicality of DOGE

Source: Reading Special'Tothemoon' is a buzzword in the industry, meaning that currency prices soar.But the joke is about to come true

Ethereum seamlessly implemented withdrawals on April 12th, also known as the Shanghai upgrade, causing ETH prices to rebound to over $2100, the highest level since May 2022.According to CryptoQuant, a crypto data company, within four days after the upgrade of Ethereum Shanghai, the crypto exchange had a net inflow of 179500 Ethereum (ETH) worth approximately $375 million

Comprehensive report by Cui Zhuzhu, a journalist from Pengpai NewsOn May 8, US time, after Tesla CEO Elon Musk participated in hosting the Saturday Night Live of the old American entertainment variety show, the dog coin plummeted.In the program, Musk referred to himself as the Dogefather of Dogecoin

In the past month, Dogcoin has performed surprisingly well. During this period, it experienced a 119% rebound and defeated other counterfeit coins

On May 14th, the reference news website reported that it originated from a joke called "dog currency". Nowadays, the joke has become too big, and the market value has skyrocketed - this is a common view among many investors about it

According to the Financial Times, the UK government is attempting to promote the acquisition of Silicon Valley Silver's UK subsidiary to prevent the impact from spreading to the entire technology industry;325 venture capital institutions including Sequoia and 650 founders jointly declare that Silicon Valley Bank cannot fail;Director of the Financial Supervisory Authority of the Russian Federation: Russia's cryptocurrency trading volume is close to $13 billion;Federal Reserve Emergency Plan: Starting from March 13th, depositors can withdraw all cash from banks in Silicon Valley;Federal Reserve: The Treasury Department will provide $25 billion in emergency loan support, and Signature Bank has closed;TetherCTO: Tether has no exposure to SignatureBank;Biden: Will hold responsible for the "chaos" of Silicon Valley banks and strengthen regulatory efforts on large banks;Goldman Sachs: Maintain the expectation that the Federal Reserve will raise interest rates by 25 basis points in May, June, and July unchanged;Founder of Panxing Square Capital: Despite the intervention of the Federal Reserve, more banks may fail;Binance's spot trading volume reached $540 billion in February, setting the highest market share in the platform's history;National Bank of Australia issues stable currency on Ethereum;The Indian law enforcement agency has seized over $115 million in cryptocurrency in money laundering cases;DCG: Santander Bank, HSBC Bank, Deutsche Bank, etc. are still willing to provide services for encryption companies;Huobi: All funds have been withdrawn from SignatureBank and Silvergate Capital;Nomura expects the Federal Reserve to cut interest rates by 25 basis points in March and suspend quantitative tightening;Founder of Citadel: After the Federal Reserve rescued Silicon Valley banks, American capitalism is collapsing before our eyes;Bloomberg: HSBC plans to inject $2