Bitwise announced it will liquidate its Spot Dogecoin ETF (BWOW) due to prolonged low liquidity and weak investor interest, with cumulative net outflows of $1.23 million. The fund, holding $687,000 in net assets, will cease trading on October 14, with cash distributions expected around October 22. Overall, Spot Dogecoin ETFs have attracted only $12 million in cumulative net inflows, indicating limited institutional enthusiasm. This weak demand is mirrored by Dogecoin treasury holders who have stopped buying, contributing to bearish pressure on DOGE's price, which recently dropped below $0.083 and risks falling further toward $0.08 support levels.
Dogecoin's price stands at $0.084464, 5.6% above its February 6 low of $0.0800, which was tested and held for the first time in eight months. The price remains below the 50-day moving average at $0.0876, indicating resistance. Large holders control n...
In the latest altcoin spot ETF market activity, NEAR was the only token to record net inflows, extending its positive trend over five days. Meanwhile, Solana (SOL), Dogecoin (DOGE), and Zcash (ZCSH) experienced net outflows, continuing their withdraw...
Bitcoin's perpetual futures funding rate turned negative at -0.0009% every eight hours, signaling a shift in trader sentiment as open interest declined by 1.72% to $7.67 billion. Despite this, long positions still outnumber shorts at 56.1%. Other maj...
Bitcoin rose 1.5% to nearly $83,900 following New York Fed President John Williams' statement that no further rate hikes are expected in 2027. This outlook weakened the dollar and lifted Asian stocks, with major cryptocurrencies like Zcash, Solana, D...
Shiba Inu, Zcash, Monero, and Dogecoin are currently under bearish pressure in the cryptocurrency market. Shiba Inu trades below its 100-day average, facing resistance and needing a strong close above $0.00000530 to shift momentum. Zcash has dropped ...
