Binance CEO Dismisses “Red Notice” Rumors – April 4

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$28,084

Bitcoin price has reclaimed the $28,000 mark today, following some turbulence sparked by rumors around Binance CEO, CZ.

Top-20 altcoins are mostly up over the last 24 hours too, as Ether gains 4%, BNB rises 1% and Dogecoin rallies a whopping 26%.

Top Stories for April 4, 2022 🔥

👉 Binance CEO Dismisses “Red Notice” Rumors

Binance CEO Changpeng Zhao (“CZ”), has dismissed rumors that Interpol had issued a Red Notice against him, which appeared to originate from a tweet renowned Twitter user, Cobie.

Although CZ did not explicitly deny the rumor, he was quick to point out that an image of the rumor was photoshopped and warned the community about panic-selling over internet rumors.

The rumor caused a small, but quick, price-slide for both Bitcoin and Binance Coin (BNB) yesterday, however both cryptocurrencies appear to have recovered their losses since.

👉 Dogecoin Soars After Replacing Twitter Logo

Dogecoin’s value increased by over 27% after Twitter changed its blue bird logo to the meme of a Shiba Inu dog, sparking speculation about what owner and CEO Elon Musk might be planning.

Musk eventually tweeted about the logo change, referencing older tweets that had joked about it. The price of DOGE reached over $0.10, the highest in four months.

👉 P2P Exchange Paxful To Suspend Its Marketplace

Paxful, a peer-to-peer (P2P) crypto trading platform, has suspended its marketplace and it is uncertain if operations will resume, according to a message from CEO Ray Youssef.

Youssef cited the departure of key staff and regulatory challenges, particularly in the P2P market and in the US, as reasons for the suspension. The Paxful Wallet will remain operational for customers to retrieve their funds.