Bitcoin and most major altcoins are meeting resistance at higher levels but the bearish sentiment of the last two months seems to be reducing.
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.
Coinbase’s e-commerce platform now offers a new way to spend Elon Musk’s favorite meme cryptocurrency.13918
Ranging continues for BTC/USD, but conditions may be right for a late surge to range highs above $40,000.18844
The strong recovery in Bitcoin and altcoins shows there is aggressive buying at lower levels but bears are unlikely to give up without a fight.26023
Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say.17234
It is not the cryptocurrency industry that is an exploitative hustle, it is our capitalist world, and crypto is here to change it for good.5184
Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.”16408
BTCST earnings per staked token increased after China cracked down on Bitcoin miners and the network’s hashrate dropped.5217
Plaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars.28563
Analysts and traders prepare for the worst after Bitcoin price broke below $31,000 and triggered a sell-off in major altcoins.28804
DOGE is estimated to have represented up to 5% of all crypto volume during the second quarter of 2021.17462
Bitcoin bulls defended the $31,000 level again, but data shows demand for BTC and altcoins is weak and this heightens the chase of further downside.31553
Crypto is a “much-needed breath of fresh air” for those who believe that state solutions are often “inefficient, overpromise or underdeliver,” Brian Armstrong said.23942
The crypto industry is controlled by a “powerful cartel of wealthy figures,” according to Jackson Palmer.15779
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2.50620