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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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The US and Israel are escalating efforts to curtail cryptocurrency transfers to Hamas, implicating Bitcoin, Dogecoin, and Ethereum as funding streams. Investor Peter Schiff expressed skepticism about the demand for a new Bitcoin ETF. Crypto analyst Bluntz predicted a major Solana breakout. Dogecoin co-creator Billy Markus expressed hopes for a significant Bitcoin price surge, while another analyst predicted a potential rise for Dogecoin to $1 in the next year.

Portfolio Pulse from Benzinga Neuro

October 29, 2023 | 10:20 am

The past week saw significant declines in major averages due to concerns over potential Middle East conflicts and a conservative Q4 earnings forecast from U.S. companies. However, the U.S. economy showcased a strong 4.9% growth in Q3. Novo Nordisk and Eli Lilly are benefiting from the growing interest in weight loss drugs. Chevron Corp has agreed to purchase Hess Corp in a $53 billion all-stock deal. Dogecoin co-founder Billy Markus is optimistic about Bitcoin, Ethereum, and Doge. Tesla Inc reported subpar quarterly results, and the Nasdaq 100 Index faced a 2.5% drop this week. The election of Rep. Mike Johnson as House speaker may impact cannabis reforms.

Portfolio Pulse from Michael Cohen

October 28, 2023 | 12:49 pm

Bitcoin, Ethereum, and Dogecoin are consolidating after a surge earlier in the week. Bitcoin is showing a bullish triple inside bar pattern, while Ethereum and Dogecoin are breaking down from single inside bar patterns. All three cryptos are trading near key resistance and support levels.

Portfolio Pulse from Melanie Schaffer

October 27, 2023 | 7:59 pm

The U.S. Senate’s Banking Committee, led by Sen. Sherrod Brown, plans to investigate and curb the use of cryptocurrencies like Bitcoin, Ethereum, and Dogecoin in funding terrorism. The committee will scrutinize various terrorist funding channels, including cryptocurrency, and seek additional measures to halt such monetary flows. Brown's comments suggest that the crypto industry could face increased regulatory scrutiny in the near future.

Portfolio Pulse from Benzinga Neuro

October 27, 2023 | 8:31 am

Elon Musk, CEO of Tesla and SpaceX, has reiterated his willingness to engage in a 'cage match' with Meta CEO Mark Zuckerberg. This follows a previous challenge issued by Musk in June, which Zuckerberg initially responded to enthusiastically before later expressing doubts about Musk's sincerity. The rivalry between the two tech moguls intensified after Meta launched Threads, a text-based conversation app dubbed as a 'Twitter killer'. Musk acquired Twitter for $44 billion in October 2022 and rebranded it to X. During Meta's Q3 earnings call, Zuckerberg revealed that Threads had nearly 100 million monthly users since its July launch.

Portfolio Pulse from Ananya Gairola

October 27, 2023 | 2:38 am

Bitcoin and Ethereum traded lower on Thursday evening, while Dogecoin spiked. The global cryptocurrency market cap declined 0.3% to $1.3 trillion. Memecoins like Floki, Dogecoin, and Shiba Inu saw upward momentum. The U.S. economy exhibited strong growth with the GDP rising at an annualized rate of 4.9% in the third quarter. However, the number of Americans applying for jobless benefits rose in the previous week to 210,000. Cryptocurrency trader Michaël van de Poppe observed that the markets were 'correcting' and urged not to panic.

Portfolio Pulse from Shivdeep Dhaliwal

October 27, 2023 | 2:17 am

Dogecoin (CRYPTO: DOGE) is experiencing a rally, driven by broader optimism in the crypto market and a recent surge in Bitcoin (CRYPTO: BTC) prices. Major financial firms, including Blackrock and JPMorgan, have amended ETF applications in anticipation of a potential spot Bitcoin ETF. Dogecoin's price has increased by over 23% in the last week and nearly 8% in the last 24 hours. The coin remains popular among retail traders and is trending on Stocktwits.

Portfolio Pulse from Adam Eckert

October 26, 2023 | 2:57 pm

Ethereum (ETH) traded above the key $1,800 mark, while Bitcoin (BTC) traded slightly lower but above the $34,000 level. Gala (GALA) was the top gainer over the prior 24 hours, while Solana (SOL) was the biggest loser. The U.S. economy grew an annualized 4.9% in Q3, higher than market expectations of 4.3%. The global crypto market cap rose to $1.27 trillion, recording a 24-hour gain of 0.6%.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:34 pm

Major cryptocurrencies traded mixed with Bitcoin dominance rising to a new 30-month high. Bitcoin hovered around the $34,600 mark, breaching the $35,000 level intraday. Ethereum was in the red, while Dogecoin surged. Bitcoin's dominance rate rose to 54.4%, the highest since April 2021. Edward Moya, a Senior Market Analyst with OANDA, said the short-term bull case for Bitcoin will remain intact until there is more clarity on the US spot Bitcoin ETF. Market intelligence platform Santiment noted that Bitcoin's 2-year reliance on equities is gone, a typical recipe for bull market conditions.

Portfolio Pulse from Shivdeep Dhaliwal

October 26, 2023 | 2:57 am

Bitcoin, Ethereum, and Dogecoin saw gains, with the global cryptocurrency market cap rising 0.47% to $1.25 trillion. The rally was fueled by expectations surrounding Bitcoin Spot ETFs. The listing of iShares Bitcoin Trust on the Depository Trust & Clearing Corporation (DTCC) drove Bitcoin's momentum. The iShares Bitcoin ETF reappeared on DTCC's website after disappearing earlier. Analysts suggest that Bitcoin is in an upward trend and 4-8% dips are entries towards $38K.

Portfolio Pulse from Shivdeep Dhaliwal

October 25, 2023 | 2:23 am

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