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DOGEUSD

Dogecoin / US Dollar

Industry

Digital Currency

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and an almost sarcastic meme coin. Launched in December 2013, Dogecoin has the image of a Shiba Inu dog as its logo.

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BlackRock Inc (NASDAQ:BLK) is planning to create an ETF focused on Ethereum (ETH), which has led to a surge in major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The global crypto market cap increased by 3.03% in the past 24 hours. U.S. stock futures dipped slightly after Moody's revised the U.S. credit rating outlook to negative. Analyst Michael Van de Poppe sees a bull cycle for cryptocurrencies, while Cheds notes a bullish signal for Bitcoin. Solana (SOL) surpassed $54, indicating decoupling from other assets.

Portfolio Pulse from Mehab Qureshi

November 13, 2023 | 2:54 am

Cryptocurrency analysts predict surges in Dogecoin and Ethereum, with Dogecoin potentially increasing by 140-170% and Ethereum aiming to break resistance at $1,900. Bitcoin's price is rallying, surpassing $35,000, fueled by interest in Bitcoin Spot ETFs and the upcoming halving event. BlackRock is optimistic about SEC approval for its Bitcoin ETF by January 2024, which could inject $200 billion into Bitcoin markets and drive the price to $330,000.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:01 pm

The stock market saw gains with the S&P 500 up 1.3%, Dow Jones up 0.7%, and Nasdaq up 2.4% over the past week. Moody's revised the U.S. credit outlook to negative. Bullish views include Tesla's expected rally, Disney's profitability rebuild, and Dogecoin's potential surge to 20 cents. Bearish news includes Plug Power's liquidity concerns, Airbnb's tax evasion issues in Italy, and Coinbase's regulatory troubles in Kazakhstan.

Portfolio Pulse from Michael Cohen

November 11, 2023 | 2:04 pm

Bitcoin (BTC) reclaimed the $37,000 level, with a 2% increase, as anticipation grows for a potential U.S. SEC approval of a spot Bitcoin ETF. Ethereum (ETH) outperformed Bitcoin with a 13% surge, while both cryptocurrencies showed signs of consolidation. Dogecoin (DOGE) remained stable, trading sideways above its 200-day SMA. Technical analysis suggests bullish patterns for Bitcoin and Ethereum, with potential golden crosses forming. Dogecoin's consolidation could lead to a breakout if followed by high bullish volume.

Portfolio Pulse from Melanie Schaffer

November 10, 2023 | 8:32 pm

Bitcoin's price is rallying, surpassing $35,000, driven by interest in Bitcoin Spot ETFs and anticipation of the 2024 halving. Gracy Chen, CEO of Bitget, believes the Federal Reserve’s interest rates and the introduction of spot BTC ETFs could heavily influence the BTC price. She also expressed skepticism about Ark Invest CEO Cathie Wood’s prediction of BTC reaching $1 million by 2030, but believes $100,000 is feasible. Bitget has grown to 1,500 employees and its copy trading product has been successful. Chen also expressed interest in layer two solutions and various tokens ranked between 100 to 1,000 market cap.

Portfolio Pulse from Mehab Qureshi

November 10, 2023 | 11:58 am

Ethereum (ETH) outperformed Bitcoin (BTC) with an 11% gain compared to Bitcoin's 2.1% gain, following BlackRock Inc's filing for a spot Ether ETF. The ETF is set to be benchmarked against the CME CF Ether-Dollar Reference Rate. Meanwhile, Dogecoin (DOGE) was down by 2.74%. Federal Reserve Chair Jerome Powell's remarks, perceived as hawkish, led to a fall in stocks and bonds, while the dollar rallied. Cryptocurrency trader Michaël van de Poppe suggested that dips in cryptocurrency prices are likely and should be used for entries.

Portfolio Pulse from Shivdeep Dhaliwal

November 10, 2023 | 2:41 am

Dogecoin's price has fallen 6.16% to $0.07 in the past 24 hours, contrasting its positive trend over the past week where it gained 5.0%. The trading volume of Dogecoin has increased by 56.0% over the past week, and the circulating supply has increased by 0.07%, bringing the total to 141.76 billion. The current market cap ranking for DOGE is #10 at $10.09 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:00 pm

Crypto analyst Kaleo predicts a short-term surge of 170% for Dogecoin (CRYPTO: DOGE), reaching $0.20 levels. He expects DOGE to reach 9 to 10 cents, consolidate, then possibly surge to around 15 cents. However, he does not see DOGE reaching $1. He also hinted at a more thrilling rally for DOGE in 2024. At the time of writing, DOGE was trading at $0.076, up 3.29% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 11:16 am

Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) surged on Wednesday evening in anticipation of the Securities and Exchange Commission's (SEC) decision on 12 pending Bitcoin ETF applications. The BlackRock iShares Spot Bitcoin ETF and the conversion of the Grayscale Bitcoin Trust could potentially receive approval. Analysts predict that Bitcoin could rally above $600K. The global crypto market cap stands at $1.33 trillion, reflecting an increase of 0.92% in the past 24 hours.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 2:41 am

Meme coins Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) are experiencing a surge in futures trading activity, driven by the recent increase in Bitcoin’s (CRYPTO: BTC) value. SHIB’s open interest rose by 23% to $61.74 million, while DOGE’s open interest increased by 14.6% to $328 million. This rise in open interest suggests new capital entering the market, with a clear preference for meme coin derivatives. Despite XRP’s price soaring by 18.6%, its open interest only saw a marginal increase of 0.76%, suggesting that its gains were predominantly driven by spot market transactions.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 5:50 am

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