Is U.S institutional demand enough to push BTC to $100K again?
Dogecoin price opened trading at $0.38 on Saturday, January 4, up 25% since Elon Musk’s recent X profile updates stirred the global crypto community on December 31. With capital inflows outpacing price movements, can DOGE flip the $0.40 resistance? Dogecoin Emerges Top-gainer as Markets react to Elon Musk’s X profile update Dogecoin has outperformed all of the top 10 cryptocurrencies this week as the global crypto markets made a positive start to 2025. Notably, the memecoin sub-sector attracted significant investors’ interest amid the ongoing rally, a move linked to Elon Musk. Dogecoin Price Action | DOGEUSD The Tesla and SpaceX CEO updated his X profile name to “Kekius Maximus” on December 31, while his profile picture featured a direct reference to PEPE. This sparked intense speculation, driving up prices across the global memecoin markets, including Dogecoin. As depicted in the chart above DOGE price traded as low as $0.31 on December 31. Following Elon Musk’s profile updates, Dogecoin price increased by 25.8%, reaching $0.39 at press time on January 4. DOGE Traders Deploy $790M Fresh Capital in the Last 5 Days However, while the updates have since been reverted, other vital market indicators suggest the bullish DOGE market momentum could linger. Notably, Dogecoin derivatives markets data shows fresh capital inflows recorded in the past week outpaces the current DOGE price gains, indicating further upside potential. In affirmation of this stance, Coinglass Open Interest chart below tracks real-time changes in capital stock invested with a cryptocurrency’s perpetual futures derivatives contracts. This serves as a proxy for monitoring the directional flow of capital around critical market phases. Dogecoin open interest vs. DOGE price | Source: Coinglass As highlighted above, Dogecoin open interest stood at $2 billion as of Jan 1. But that figure has since skyrocketed by $790 million to $2.79 billion at press time on January 4, reflecting a 39.5% increase in capital stock underpinning the DOGE derivatives markets. Crucially, this means that the 39.5% growth in open interest has outpaced the 25% price gains observed in the DOGE spot markets. When open interest rises quicker than prices, it flashes bullish signals for two key reasons. First, the disproportionate growth in open interest relative to spot price gains suggests increasing leverage and heightened speculative activity in Dogecoin’s derivatives markets. Dogecoin Price Forecast: Breaching $0.40 Could Trigger More Gains As fresh capital continues flowing into DOGE trading positions, the growing liquidity eases the path to further upside. To amplify gains, highly leveraged DOGE traders are now incentivized to make rapid spot purchases, potentially driving prices above $0.40 in the days ahead. Technical indicators on the DOGEUSD daily chart also support this optimistic bullish price forecast with the Parabolic SAR dots moving below current prices, amid rising volumes. Dogecoin price forecast | DOGEUSD As seen below, Dogecoin price prediction hints that DOGE is positioned for further gains as it flirts with the $0.40 resistance level. On the daily chart, Parabolic SAR dots remain below the current price, a clear indication of sustained bullish momentum. Rising trading volumes confirm increasing participation, while a positive volume delta suggests buyers maintain control. This sets the stage for DOGE to test $0.42 as the next key resistance, with $0.47 acting as an extended target if upward momentum intensifies. Conversely, the prevalence of highly leveraged LONG positions introduces risks of sharp downward volatility if sentiment reverses. In a bearish scenario, DOGE could find initial support at the $0.36 territory —a key support level marked by prior accumulation. A deeper pullback could see DOGE price test $0.34, where another major historical buy-wall looms. The post Dogecoin Price Eyes $0.45 Breakout as Elon Musk Sparks $790M Inflows appeared first on CoinGape .
The long-awaited FTX reorganization plan, pivotal in resolving the bankruptcy saga of the defunct cryptocurrency exchange, officially took effect on January 3. This milestone allows eligible users to begin receiving repayments, a key development in addressing the fallout from FTX’s collapse in late 2022. In a public announcement , FTX debtors cautioned users against phishing attempts, urging claimants to rely solely on the official website for filing and updates. Users who filed claims through this official channel can expect receiving their repayments within 60 days, starting with those in the “convenience class.” The reorganization plan, approved in October , prioritizes claimants with amounts of $50,000 or less. It aims to compensate 98% of FTX users with payouts exceeding 100% of their declared holdings, providing some relief to a broad base of affected customers. First Repayments Target Small Claim Holders The initial wave of repayments highlights FTX’s effort to restore trust by addressing smaller claims promptly. While this move is seen as a positive step, larger claimants remain in limbo, waiting for the next phase of distributions. Criticism, however, persists regarding the methodology for calculating reimbursements. FTX’s plan bases repayments on cryptocurrency valuations from November 2022, when the exchange filed for bankruptcy. For example, Bitcoin has surged over 400% since then, currently valued at $98,697. This pricing discrepancy has left some creditors feeling shortchanged, especially as market conditions have drastically improved. Mixed Reactions While FTX aims to settle claims totaling approximately $16 billion, the repayment structure has faced scrutiny . Critics argue that using outdated crypto valuations undermines the recovery for users who held assets with significant appreciation potential. Amid the repayment process, the legal fallout from FTX’s collapse continues. Several executives, including former CEO Sam Bankman-Fried and Alameda Research CEO Caroline Ellison, have faced prison sentences for their roles in the fraud. Bankman-Fried has since filed an appeal against his conviction. Crypto firms BitGo and Kraken have stepped in to facilitate the distribution of funds, playing a critical role in ensuring a smoother repayment process. While the reorganization marks significant progress in closing the FTX chapter, lingering concerns over valuation methodologies and unprocessed claims underscore the complexities of resolving one of crypto’s most infamous debacles. The post FTX Users Begin Receiving Repayments Under New Reorganization Plan appeared first on TheCoinrise.com .
Pepe Coin price has surged more than 3% today amid a robust rally noted in the broader crypto market. Amid this, a top market analyst predicts a potential 120% rally in the frog-themed meme coin to around $0.00004, which has fueled speculations in the digital assets space. In addition, this bold prediction also comes as the market focus appears to be shifting toward the meme space, with experts revealing bullish outlook for DOGE, SHIB, BONK, and others in 2025. Top Expert Predicts Pepe Coin Price To Hit $0.000046 The recent surge in Pepe Coin price alongside other top meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), BONK, and others, is attracting significant attention. Amid this, a top market analyst Rose Premium Signals highlighted the technical indicators of the frog-themed meme coin. The analyst noted that the technical charts show a strong accumulation pattern for the crypto. These include Fibonacci retracements and wedge formations, signaling an imminent breakout. Notably, the expert said that meme coins tend to lag behind Bitcoin and Ethereum during market rallies. However, once major cryptocurrencies stabilize, meme coins often experience exponential growth. Having said that, Rose Premium Signals shared bullish targets for the meme coins in a recent X post. For Pepe Coin price, the target is set at $0.000046, a rally of around 120% from its current price. Source: Rose Premium Signals, X Meanwhile, PEPE price today rose 3.03% to $0.00002097, while its daily trading volume rose 18% to $1.9 billion. Notably, the crypto has touched a high of $0.00002184 in the last 24 hours. Besides, CoinGlass data showed Pepe Futures Open Interest also showed a spike of 18%, indicating strong market confidence of the investors. What’s Next For Other Meme Coins? The recent rally in the meme coin has fueled speculations in the market. Adding to the excitement, a recent statement from market expert Murad has further sparked discussions in the market. In a recent X post, Murad stated: “There will soon be weeks when the whole World is talking about Memecoins.” Meanwhile, the meme coin sector’s potential for rapid gains continues to draw both seasoned investors and new traders. Analysts anticipate that the increasing market focus on these assets could drive prices to unprecedented levels. Having said that, DOGE, SHIB, BONK, and others, are also poised to rally alongside Pepe Coin price ahead. DOGE, SHIB, & BONK Eyes Massive Rally Rose Premium Signals also set bullish targets for the top dog-themed meme coins like DOGE, SHIB, and others alongside Pepe Coin price. For DOGE, the analyst has set a target of $0.825, while for SHIB, the target is at $0.000055. In addition, the expert expects the BONK price to hit $0.000076 in this cycle. Such bold predictions have sparked speculation about a possible meme coin rally cycle, with many investors eagerly watching for the next big move. Meanwhile, DOGE price today rallied 15% to $0.3896, while its one-day trading volume rocketed 195% to $6.44 billion. Besides, a recent DOGE price analysis hints at a potential rally to $0.73 for the crypto. On the other hand, SHIB price today rose 6% to $0.00002428, and its trading volume jumped 66% to $774.1 million. Furthermore, Shiba Inu Futures Open Interest was up 26% at the same time. Notably, a recent SHIB price analysis indicates a looming 45% rally in the meme coin’s price. Lastly, BONK price added about 8% today, indicating the shifting market focus towards the meme coins sector. In addition, a recent report also explored the key catalysts that might have boosted the BONK price today . The post Pepe Coin Price To Hit $0.00004 Amid Meme Coins Rally, Top Expert Predicts appeared first on CoinGape .
Just one month after the Call of Duty: Black Ops 6 release, the number of its Steam users has dropped massively. CharlieIntel shared on X that the game had hit over 148,000 players during its release period of October and November, enough to break records for the franchise. Call of Duty player counts in 2024. Source: @CharlieIntel, X By December, however, almost all of those gains were erased, with 145,000 players lost. Despite breaking records with a +85.6% surge in average player counts in November, the momentum didn’t last long, as the game has been plagued with continued issues. What went wrong for Call of Duty: Black Ops 6 Ranked and casual matches have been frustrating for PC players long plagued by rampant hacks on both Warzone and Black Ops 6. While disabling cross-play fixes some issues for console players, PC gamers have no option to turn off cross-play, which means they are stuck in lobbies with cheaters. The problem is further compounded by the fact that many legitimate players claim to have been shadowbanned while hackers continue to wander around freely. Another common complaint is the spawn locations on Black Ops 6 multiplayer. Players have expressed disapproval due to poor balance or unfair spawning ways. Will Call of Duty players return? It will be hard to bring back the lost player base, but it is not impossible. In Seasons 2 and 3, developers are rolling out major updates to the Ricochet anti-cheat system. However, these changes will not happen overnight, so this issue remains unsolved for now. New, fresh maps and content could revive players’ interest. Well-conceived additions would reignite the spark of interest in the community. Warzone Map Verdansk will return this year , as confirmed by the franchise itself. This map would be a major fan favorite and could easily bring back a huge number of players who left. Call of Duty’s player count decline has largely been predicated on the game being riddled with cheaters. Still, if they get more robust anti-cheat fixes, compelling updates, and some nostalgia with Verdansk content, it might just be able to turn the ship around. It remains to be seen whether that will come soon or not. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
The Cryptocurrency market is alive with excitement as Bitcoin marks its 16th anniversary, experiencing a rise to $98K, symbolizing a noteworthy achievement in its path. The global market capitalization has increased by 2.31%, reaching $3.49 trillion, igniting optimism for an upcoming altcoin season. As stated by leading crypto analyst @CryptoELlTES, numerous altcoins are set for significant growth in the upcoming month. Let’s explore these crypto coins for their potential significance gains in 2025. Altcoins With Potential 700% Gains by Q2 2025 According to crypto analyst @CryptoELlTES, the altcoins below-JasmyCoin (JASMY), Near Protocol (NEAR), and Dogecoin (DOGE) have the potential for yielding nearly 700% in gains by Q2, with Minotaurus (MTAUR) emerging as a promising gaming token with significant returns. 1. JasmyCoin (JASMY): A Hidden Gem Ready to Shine JasmyCoin has attracted the interest of cryptocurrency fans due to its remarkable market success and optimistic chart trends. Presently priced at $0.03696, JASMY has registered an 8.33% rise in the last 24 hours and a 9.82% gain over the past week, elevating its market cap to $1.82 billion. Famous cryptocurrency analyst @CryptoELlTES forecasts that JASMY might experience a significant 700% increase in the upcoming four months. He disclosed his price predictions for the altcoin: Target 1: $0.09 Target 2: $0.18 Target 3: $0.31 Source: @CryptoELlTES (X) The bullish sentiment is echoed by @Steph_iscrypto, who highlighted that JASMY recently broke out of a falling wedge pattern on the daily timeframe. This technical breakout suggests a strong upward momentum, with a potential technical target of $0.095. With increasing trading volume and positive sentiment, JASMY looks set to deliver significant returns. 2. Minotaurus (MTAUR): An Emerging Gaming Altcoin With Strong Potential Minotaurus (MTAUR) is a newcomer in the crypto space but has already generated considerable buzz. Currently priced at just 0.00006002 USDT per token, MTAUR offers an attractive entry point for buyers. The altcoin is expected to achieve nearly 234% growth once it lists at 0.00020 USDT, according to analysts. The project is gaining traction on social media, with early participants seeing strong momentum. Minotaurus Tokenomics Minotaurus offers several benefits to early adopters, including referral and vesting incentives. The project’s 100,000 USDT giveaway, with a top prize of 50,000 USDT in MTAUR tokens, has further fueled excitement. Beyond the hype, Minotaurus combines solid fundamentals with utility within its ecosystem. Set in an expansive maze world, players navigate through challenges, battle mythical creatures, and use MTAUR tokens to unlock customization options and exclusive in-game perks. The project has been audited by leading firms SolidProof and Coinsult, ensuring that users can engage with the platform securely and with confidence. As blockchain gaming continues to build traction, Minotaurus is positioning itself as a notable addition to the Web3 ecosystem. With a rapidly growing community and support from key players in the crypto space, MTAUR presents a compelling investment opportunity, as an early-stage cryptocurrency . Minotaurus (MTAUR) is making waves in the blockchain gaming space by offering a unique blend of adventure and utility. 3. Near Protocol (NEAR): Altcoin with Big Moves on the Horizon Near Protocol is yet another altcoin that has drawn the interest of @CryptoELITES. As the global crypto market gained momentum, NEAR’s price surged by 4.50% in the past day. Recording weekly gains of 11.58%, this crypto to buy achieved a market cap of $6.74 billion, with an increased 24-hour trading volume of $345.55 million. Source: @CryptoELlTES (X) With the current price of $5.77, @CryptoELlTES shared his ambitious price targets for NEAR: Target 1: $11 Target 2: $22 Target 3: $52 The technical perspective for NEAR continues to be entirely optimistic, as analysts point out that activity is intensifying for this blockchain platform. The emphasis of Near Protocol to user-friendly applications and unique approach to scalability, positions its token as a strong player for significant gains in the anticipated altcoin season. 4. Dogecoin (DOGE): The Meme Coin That Keeps Delivering As the pioneering and largest meme coin with a market cap of $5,6.86 billion, DOGE has risen beyond a meme status to become a strong market player. Trading at $0.3856, Dogecoin price rose by 13.91% and 21.76%, over the past day and week, respectively. Source : @CryptoELlTES (X) According to @CryptoELlTES, DOGE is just getting started. He added the token to his portfolio at $0.10 and has already seen a 350% return. His price targets for the altcoin are as follows: Target 1: $0.75 Target 2: $1.50 Target 3: $2.70 Whales are also taking notice of Dogecoin’s potential. Analyst @ali_charts reported that over 1.08 billion DOGE was purchased by whales in the last 24 hours, indicating growing interest from large investors. Final Thoughts With Bitcoin’s dominance beginning to wane, attention is turning to altcoins, which are ready for significant growth. JasmyCoin, Near Protocol, Dogecoin, and Minotaurus rank among the favored choices of crypto analysts such as @CryptoELlTES, with growth potential projected between 234% and 700% by the second quarter of 2025. Investors aiming to benefit from the upcoming surge in crypto development should monitor these altcoins closely. By employing effective timing and a solid strategy, these tokens might provide transformative returns in the upcoming months. The post Analyst Picks: 3 Altcoins With Potential 700% Gains by Q2 2025 appeared first on CoinGape .
Robert Kiyosaki, author of Rich Dad Poor Dad, has once again issued a grim warning about the global economy, suggesting that a “giant market crash” may already be underway. Known for his critical stance on fiat currency and government monetary policies, Kiyosaki took to social media on January 4 to highlight concerns about excessive money … Continue reading "Robert Kiyosaki Warns of Major Economic Crash" The post Robert Kiyosaki Warns of Major Economic Crash appeared first on Cryptoknowmics-Crypto News and Media Platform .
Cardano Open Interest jumps 9% as price rebound stretches
The post Why Dogecoin is Surging Today? appeared first on Coinpedia Fintech News 2025 kicks off with a bang for Dogecoin (DOGE), as the popular memecoin soars nearly 15%, reaching $0.39. This sudden rally is fueled by massive whale purchases and a staggering 190% surge in trading volume within just 24 hours. However, crypto analysts believe this could be just the beginning, predicting an even bigger rise for DOGE soon. Whale Buying Doge Massively A key factor behind Dogecoin’s recent surge is the massive purchase of 1.08 billion DOGE by crypto whales. According to well-known analyst Ali Martinez, this massive buy reflects strong confidence in the token. Whales bought over 1.08 billion #Dogecoin $DOGE in the last 24 hours! pic.twitter.com/Ow2j6I1MDV — Ali (@ali_charts) January 2, 2025 Along with the whale buy, Dogecoin’s trading volume has seen a significant jump of 190%. However, despite $35 million in DOGE outflows, the market sentiment remains bullish, with analysts predicting a 22% price increase in the short term. Adding fuel to the fire, rumors about Dogecoin’s connection to Trump’s inauguration have also circulated, with some speculating that Elon Musk’s support for both Dogecoin and Trump might be behind the surge Dogecoin Key Indicator Turn Bullish Well-known crypto analyst Crypto Surf recently tweeted that Dogecoin’s (DOGE) 3-month Supertrend indicator has turned bullish. Supertrend turned green on 3M chart. $DOGE pic.twitter.com/NULVh258LC — Surf (@_CryptoSurf) January 2, 2025 Although this indicator had been bearish since January 2022, even during Dogecoin’s 87% surge in March and a 161% rally in November 2024. However, it turned positive in January 2025, hinting at a potential bullish phase for DOGE. The last time this indicator turned green was in April 2017, leading to massive gains of 5,587% by January 2018 and another 3,837% surge to $0.7390 in May 2021. If history repeats, Dogecoin could see another significant rally. As of now, Dogecoin price is trading around $0.389, reflecting a rise of 14.65% in 24 hours and 23% over the past week.
Dogecoin has jumped into the New Year’s market rally, making an impressive 25% move in just the first few days of 2025. The meme coin, known for its enthusiastic community and historic rallies, has joined the broader market upswing that many crypto assets are currently enjoying. Top analyst Bluntz recently shared a technical analysis on X, highlighting that after this surge, Dogecoin is now showing undeniably impulsive behavior again. According to Bluntz, the price action suggests that DOGE could be gearing up for further gains if it manages to break through critical supply levels. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon The next few days will be pivotal for Dogecoin as it navigates this newfound momentum. Investors are closely watching whether the meme coin can sustain its rally and test its next resistance levels. If successful, Dogecoin may continue its upward trajectory, rekindling the excitement of its most bullish phases. With market sentiment turning optimistic and technical indicators pointing toward strength, Dogecoin is again capturing attention as a potential leader in the altcoin space. Will DOGE sustain this momentum and surprise the market, or is this just another short-lived burst? All eyes are on Dogecoin in the coming days. Dogecoin Prepares For A Big Move Dogecoin’s impressive surge yesterday is reigniting excitement among its investors and traders. The meme coin has demonstrated its ability to stage rapid upward moves, and this recent activity might just be the beginning of something bigger. Analysts are now speculating whether Dogecoin could reclaim its former glory and reach new heights. Top analyst Bluntz shared a technical analysis on X, pointing out that Dogecoin is now looking undeniably impulsive. This shift in behavior comes after DOGE surged above crucial demand levels, indicating strong buying interest. According to Bluntz, this momentum could propel Dogecoin toward the $0.50 mark—a significant psychological and technical level. For this scenario to unfold, Dogecoin must clear the supply around local highs. Breaking past these resistance zones could pave the way for a substantial rally, potentially mirroring its most explosive moves from previous market cycles. However, achieving this will require continued support from the broader market and sustained interest from its dedicated community. Related Reading: Chainlink Tunrns Resistance Into Support – ATH Next? The next few days will be critical for Dogecoin as it tests these levels. If the bullish momentum holds, DOGE could lead the altcoin space once again, reminding the market of its unparalleled ability to surprise even the most seasoned traders. All eyes are on Dogecoin as it aims for a breakout above $0.50. DOGE Testing A Critical Level Dogecoin is currently trading at $0.38, riding on a wave of bullish price action since the start of the year. After gaining momentum and surging over 25% in recent days, DOGE is now testing a critical resistance level that could determine its short-term direction. The $0.40 mark has emerged as a significant barrier for Dogecoin. If the meme coin manages to break above this level and establish it as support, it could ignite a new bullish rally. Analysts predict that such a breakout would open the door for DOGE to retest its local highs and potentially aim for even higher targets, with the $0.50 mark within reach. However, failing to break above this critical level could cause Dogecoin to consolidate around its current range. This period of indecision might last for several weeks as the broader market awaits confirmation of DOGE’s next move. Related Reading: Shiba Inu Testing A Significant Support Zone – Bullish Breakout Ahead? The coming days are crucial for Dogecoin as it navigates this pivotal moment. Traders and investors will closely watch its price action to determine whether the recent bullish momentum can sustain itself and propel DOGE into a new phase of growth. Featured image from Dall-E, chart from TradingView