This weekend saw significant developments in the cryptocurrency market, including XRP’s notable price surge and major asset movements that could influence market dynamics. Moreover, the actions of long-dormant Bitcoin wallets
Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…
Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…
Mantra’s price rally started to lose momentum as some whales began selling their tokens after it became highly overbought. Mantra (OM) token rose to a record high of $4.5260 on Monday before pulling back slightly to $4.3. It remains one…
Mantra’s price rally started to lose momentum as some whales began selling their tokens after it became highly overbought. Mantra (OM) token rose to a record high of $4.5260 on Monday before pulling back slightly to $4.3. It remains one…
The founder of investment firm SkyBridge Capital says that crypto assets are now looking for their fair market prices after going through a depression phase. In a new interview with Bloomberg Television, hedge fund veteran and former White House Press Secretary Anthony Scaramucci says that digital asset prices have been depressed since the multibillion-dollar downfall The post SkyBridge’s Anthony Scaramucci Says Crypto Now Searching for Fair Pricing After Being ‘Ridiculously Depressed’ appeared first on The Daily Hodl .
Dogecoin (DOGE) is consolidating below local highs after an impressive 200% surge over the past two weeks. As the biggest meme coin by market capitalization, DOGE has again captured the spotlight, leading the market with its explosive performance. Top analyst and investor Carl Runefelt recently shared a technical analysis on X, highlighting Dogecoin’s breakout from a bullish pattern. Runefelt emphasized the potential for DOGE to sustain its upward momentum, citing increased demand and positive market sentiment as key drivers. He also shared a short-term price target, suggesting further upside in the coming weeks. Related Reading: Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead? Dogecoin’s ability to rally while consolidating above critical support levels demonstrates its resilience and growing popularity. The coin’s strong market presence, driven by community support and investor interest, positions it as a major contender for continued growth. As DOGE consolidates its gains, the coming days will determine whether it can maintain its momentum and climb higher. With analysts predicting further bullish price action, all eyes remain on Dogecoin as it continues to strengthen the meme coin market. Dogecoin Leading The Meme Coin Fever Meme coins have been standout performers in the past few weeks, with several outpacing traditional altcoins regarding gains and market enthusiasm. Among them, Dogecoin has taken center stage, showcasing impressive growth and sparking euphoric sentiment across the crypto community. Its recent rally has reignited interest in the meme coin sector, with many speculating about the next phase of its bullish momentum. Top analyst and investor Carl Runefelt recently shared a compelling technical analysis on X, highlighting Dogecoin’s breakout from a falling wedge pattern to the upside. This pattern, often seen as a bullish reversal signal, has led Runefelt to set a price target at $0.4385—the top of the wedge. If this projection materializes, DOGE could see an additional 18% rise in the coming days, solidifying its leadership among meme coins. However, despite the optimistic outlook, risks remain. Runefelt noted the possibility of a fakeout, where the breakout could fail, leaving bulls vulnerable as Dogecoin continues its current consolidation phase. This could lead to short-term volatility, with traders closely watching for confirmation of sustained momentum or signs of a potential pullback. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation For now, Dogecoin’s strong performance and clear bullish pattern make it a key asset to watch, with excitement and caution shaping investor sentiment. DOGE Testing Crucial Levels Dogecoin is trading at $0.371, marking its highest level since May 2021 and signaling a resurgence in bullish sentiment. The price recently retraced from local highs set last Tuesday, yet DOGE appears ready to keep pushing upward as it tests crucial demand levels. These levels are critical for establishing a foundation to fuel a move toward new highs, potentially reigniting excitement among meme coin enthusiasts. The retracement is a healthy pause following DOGE’s impressive rally over the past two weeks. Traders and analysts closely monitor the price action, as a successful hold above these demand levels could act as a springboard for the next leg up. However, caution remains as the broader crypto market looks to Bitcoin and Ethereum for direction. Related Reading: Solana Breaks Above Key Resistance At $225 – ATH Next? The market awaits confirmation of Bitcoin and Ethereum’s continued bullish momentum to solidify the next phase of the broader rally. Without this, DOGE could face further consolidation, leading to sideways trading as investors assess market conditions. Featured image from Dall-E, chart from TradingView
MARA Holdings, Inc. Announces Proposed Private Offering of $700 Million of Convertible Senior Notes.
Brian Brooks has been named one of the potential candidates for SEC Head, according to the prediction platform Kalshi. Brooks has previously served as Binance.US CEO and chief legal officer of Coinbase. Based on a Kalshi prediction market, Brian Brooks’…
Brian Brooks has been named one of the potential candidates for SEC Head, according to the prediction platform Kalshi. Brooks has previously served as Binance.US CEO and chief legal officer of Coinbase. Based on a Kalshi prediction market, Brian Brooks’…