Dogecoin has continued its downtrend, falling 4% recently and trading 90% below its five-year high. Technical indicators show a bearish market structure, with price breaking below key support levels and the 200-day moving average. However, a TD Sequential buy signal and a surge in net volume suggest a potential short-term pause or reversal in the decline. Despite this, weak inflows into Dogecoin ETFs over the past month indicate low demand, supporting the bearish outlook. Investors should watch the $0.073 price level closely, as holding above it could trigger a bounce, while falling below may lead to further losses.
Elon Musk introduced X Money, a new financial service offering savings accounts, instant payments, and Visa debit cards with no foreign transaction fees. The platform aims to compete with fintech services like Venmo and Cash App, providing FDIC insur...
U.S.-listed altcoin ETFs experienced mostly flat net flows on June 25, with notable outflows concentrated in Solana and Hyperliquid ETFs. Solana's outflows were driven by redemptions in Bitwise’s BSOL fund, while Hyperliquid saw declines in two of it...
Bitcoin slipped below $60,000, trading around $59,586 after a US inflation report showed higher-than-expected Personal Consumption Expenditures, signaling prolonged Fed interest rate hikes. This triggered a $1.48 billion crypto liquidation, dragging ...
Strategy (MSTR) faces over $13 billion in unrealized losses on its bitcoin holdings, exceeding the market value of many well-known cryptocurrencies like dogecoin, Monero, Cardano, and Chainlink. This massive paper loss highlights the risks of concent...
XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are currently experiencing bearish trends with sellers dominating the market. XRP remains below key support levels near $1.00, showing no strong signs of sustained buying despite high volume d...
