News
The flood of crypto ETFs has begun, with VanEck’s Solana ETF launching on Monday, and many more ETFs expected to go live over the next week.
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Cryptocurrency Dogecoin (DOGE) News
Dogecoin (DOGE) is a cryptocurrency built around the popular “doge” meme featuring a Shiba Inu. Founder Jackson Palmer announced the project on Twitter in November 2013 as a joke. When friends and industry peers encouraged him to pursue the project, Palmer purchased the domain dogecoin.com and began building. He was soon joined by Billy Markus.
The founders believed that Dogecoin could be a more lighthearted and accessible introduction to cryptocurrency, as Bitcoin (BTC) had started to become stigmatized following the Silk Road debacle and mining had become increasingly unfeasible with consumer laptops. Palmer left the project in June 2014.
Dogecoin is based on Luckycoin (LKY), which is itself a fork of Litecoin (LTC). It features an inflationary monetary policy with no cap. The block reward is set at 10,000 DOGE per block per minute.
- Price Analysis
Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.
4520 - Price Analysis
Bitcoin has broken below the psychologically crucial $100,000 level, signaling that the bears are in full control. The next strong support on the downside is at $87,800.
6441 - Price Analysis
Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.
4212 - Price Analysis
Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
5452 - Price Analysis
Bitcoin bulls are aggressively defending the critical $100,000 support level, as a break below it may accelerate selling, potentially pulling BTC price below $87,800.
5517 - Price Analysis
Bitcoin and altcoins’ early November performance mirrors that of October, when the market disregarded historical trends and fell to new lows. Will bulls show any interest in buying the range lows?
6659 - Price Analysis
Bitcoin bulls defended the $107,000 level, but net outflows from spot Bitcoin ETFs increase the risk of a breakdown in the near term.
7616 - Price Analysis
Bitcoin swing traders took profits, and bears opened fresh shorts after BTC failed to recapture levels above $118,000. Will today’s FOMC presser kickstart a trend reversal in BTC and altcoins?
4508 - Price Analysis
Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.
3888 - Price Analysis
Bitcoin bounced off the $107,000 support, but the recovery is expected to face significant resistance in the $112,000 to $116,000 zone. Do charts point to any altcoins taking the lead?
8337 - Altcoin Watch
Dogecoin must break above the $0.20 resistance level to signal a reduction in selling pressure, potentially sending the DOGE price beyond $0.25.
1811 - Price Analysis
Bitcoin is at a crucial juncture because a daily close below the $107,000 support clears the path for a drop to the psychological level of $100,000.
6078 - News
Dogecoin Foundation’s commercial arm has acquired a majority stake in US Triestina 1918 in a push for broader DOGE adoption, starting with sports.
4686 - Price Analysis
Bitcoin staged a rebound rally to $111,705 as the market recovered from the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top.
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