Tag Archives: DOGEUSD

Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000 price line for a while and charted a $7,000 green candle. As a result, the cryptocurrency briefly exceeded $40,000 for the first time in over a...

Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme token, which saw its birth in 2013, blossomed in popularity in 2021 as it received frequent social media engagements from Elon Musk at first and other celebrities...

The bulls have resumed control over the market in the past few days and have pushed bitcoin to a near three-week high at almost $35,000. The alternative coins have also benefited from these developments, with ETH closing down to $2,200 and DOGE sitting at $0.20. Bitcoin Taps an 18-Day High Ever since bitcoin bottomed at $29,200 on July 20th, the cryptocurrency has been on a roll. It bounced off immediately and reclaimed $30,000 in just a few hours. Shortly after, more...

After charting a $3,000 surge in a day, BTC continued slightly upwards again in the past 24 hours and reached a weekly high at approximately $33,000. Most alternative coins are in the green as well, with ETH nearing $2,100 and Polkadot registering a 7% increase. Bitcoin Touched $33K After the Monday crash in which the primary cryptocurrency dumped below $30,000, the bulls have kept complete control over the market. They firstly pushed the asset above that coveted level before...

Elon Musk has a funny theory about why Dogecoin (DOGE) might conquer the crypto space. In his panel discussion with Jack Dorsey and Cathie Wood at “The B Word” online event,  Elon Musk expressed an amusing theory about Dogecoin as an aside. When asked about the meme coin’s prospects, Tesla’s Founder first explained the traditional theory of Occam’s razor: “The simplest explanation is the most likely explanation.” He then expressed one of his friend’s variants of that theory:...

Elon Musk has seemingly not completely forgotten about Dogecoin, as some may have feared. DOGE spiked more than 10% after the billionaire updated his Twitter picture to show that he still supports the cryptocurrency.  Musk’s New Twitter Picture Boosts DOGE Price Musk’s new profile picture is a head shot of him with DOGE reflections on his sunglasses, similar to that of Bitcoin’s Laser eyes meme which trended across Crypto Twitter in February.  This single action from the...

While BTC’s price continues to trade in a range of around $32,000, all eyes are on today’s largest GBTC unlocking of over 16,000 bitcoins. On the other hand, some of the altcoins have bounced off since the recent price declines, with DOGE jumping by roughly 9% on a 24-hour scale. All Eyes on GBTC Unlocking After briefly exceeding $33,000 on Thursday, bitcoin started to retrace in value and lost about $2,000 in a day. The subsequent unsuccessful attempt by the bulls to recover...

Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...

Despite his legendary status within Crypto Twitter, the creator of Dogecoin, Jackson Palmer, doesn’t tend to interact much with the community. He usually shows up, makes a statement, causes a stir, and disappears. Today, in one of his occasional rants, Palmer decided to talk about the degeneration of the crypto community and why he has not plans to get involved with cryptocurrencies ever again. The first reason seems to be the ethos behind the technology. Beyond the...

The trading volumes remained low during the weekend once again, but bitcoin jumped by more than $1,000 in a day to a high of around $34,700. The alternative coins have also bounced off and reclaimed some ground, with BNB exceeding $330 and XRP spiking by 5%. Bitcoin Tops $34K Despite Minimal Volume The scenario in the past two weekends was quite similar, and we didn’t see much going on. As a result, the trading volume reached multi-month lows, according to data from...