This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman breaks down everything that has been happening between Twitter, Elon Musk and Dogecoin. He also covers the Changpeng “CZ” Zhao arrest rumors and Japanese crackdowns on crypto exchanges.

Elon Musk changes Twitter icon to Doge after seeking lawsuit dismissal. On April 3, social media giant Twitter changed its icon to that of the symbol on the popular meme token Dogecoin, which is up sharply in light of the news, with its price surging by more than 22% in an hour to $0.09784.

The icon change took place platform-wide and is directly visible by the social media giant’s estimated 360 million monthly active users and visitors to the platform alike.