Dogecoin-backed ETFs experienced a brief surge in inflows on July 21, with $345,130 injected, but daily inflows quickly dropped to zero in the following days. Despite this, ETFs recorded their first positive week since mid-June, totaling $12.12 million in inflows. Meanwhile, Dogecoin's price slightly declined to $0.07, near its lowest since November 2023, while open interest in futures rose to $1.10 billion, indicating growing short positions. This mixed market signals short-term skepticism among investors, though technical indicators suggest a potential longer-term rebound if key support levels hold.
Dogecoin has returned to a key long-term support zone near $0.07 after falling from its late-2024 peak around $0.48. The coin recently broke below a crucial weekly support level near $0.071, increasing the risk of further declines toward $0.065 and $...
Dogecoin exchange-traded funds (ETFs) experienced a brief inflow surge of $345,130 on July 21 but returned to zero net inflows on subsequent days, indicating a stagnant phase. Despite this lull, Dogecoin ETFs have accumulated over $12 million in tota...
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Bitcoin and Ethereum prices declined by 2.24% and 1.62% respectively amid a 12.92% drop in crypto derivatives trading volume, indicating reduced risk appetite among traders. The broader crypto market saw losses across major altcoins, reflecting a def...
A technical analysis by TradingShot suggests Dogecoin (DOGE) may reach $2 by mid-2028, although it expects further price declines in the short term. Currently trading below $0.10, Dogecoin is seen in the late stages of a long market cycle and may dro...
