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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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Dogecoin co-creator Billy Markus expressed his hopes for Bitcoin's monumental price surge and revealed his three favorite cryptocurrencies: Bitcoin, Ethereum, and Dogecoin. He also mentioned his strained relationship with the Dogecoin community. In related news, BlackRock’s iShares Bitcoin Trust, a highly anticipated spot Bitcoin ETF, has made significant progress towards its launch.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 6:00 am

Dogecoin (CRYPTO: DOGE) has surged by 10% in the past 24 hours, surpassing Shiba Inu (CRYPTO: SHIB), as the overall crypto market enters a green zone amid optimism surrounding Bitcoin (CRYPTO: BTC) ETFs. The sudden spike in Bitcoin’s price on October 23 triggered a wider market surge, impacting various altcoins and meme coins. The rise in Bitcoin’s price coincides with a renewed interest in the imminent approvals of spot ETFs and a significant surge in trading volumes across spot markets.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:28 am

Pepe Coin (CRYPTO: PEPE) has surged by 32% in the past 24 hours, outperforming Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and Shiba Inu (CRYPTO: SHIB). The surge in PEPE's price coincides with a 172% increase in trading volume, reaching $303 million. The majority of PEPE's trading occurred on Binance. The surge in PEPE's price can be attributed to the rising price of Bitcoin and the wider market rally impacting various altcoins and meme coins.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:19 am

Bitcoin's price surged to $34,000, followed by Ethereum and Dogecoin, due to the progress made by BlackRock in preparing its proposed Bitcoin ETF, iShares Bitcoin Trust (IBTC). The ETF is now listed on the Depository Trust and Clearing Corporation (DTCC) website, indicating a level of confidence in the SEC granting approval. The recent rallies are believed to be a result of the growing excitement surrounding the potential approval of Bitcoin spot ETF applications by the SEC. The global crypto market cap stands at $1.24 trillion, reflecting a 7.22% increase in the past 24 hours.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 2:15 am

Dogecoin's price rose 6.39% to $0.06 in the past 24 hours, continuing its positive trend over the past week with a 7.0% gain. The coin's trading volume has climbed 77.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.22%. The current market cap ranking for DOGE is #10 at $9.15 billion.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:00 pm

Bitcoin (BTC) has seen a trading volume increase of 36% to $17.6 billion in the past 24 hours, and an expansion of 2.5% in its market cap. Other cryptocurrencies such as Ethereum (ETH), XRP, and Dogecoin (DOGE) also saw gains of 5-8%. The crypto market is seen to be protected against the headwinds of higher bond yields that have pressured the broader SPX and DJIA. The likely approval of a Spot Bitcoin ETF is seen as a positive development for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 23, 2023 | 1:24 pm

The US and Israel are intensifying efforts to curtail cryptocurrency transfers to Hamas, with coins like Bitcoin, Dogecoin, and Ethereum often implicated as funding streams for Islamist organizations. The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed new regulations to classify 'Convertible Virtual Currency Mixing' as a primary money laundering concern. Despite these revelations, experts caution against overhyping cryptocurrency’s role in funding extremism. Cryptocurrencies are increasingly accused of facilitating funding for Islamist groups, leading to a rise in regulatory scrutiny.

Portfolio Pulse from Benzinga Neuro

October 23, 2023 | 10:35 am

Crypto analysts Captain Faibik and Ali suggest that Dogecoin (CRYPTO: DOGE) is currently consolidating within a triangle pattern, indicating a potential upward trend. Faibik speculates that DOGE could hit $1 in the first half of 2024. Ali notes that a weekly candlestick close above $0.0835 could trigger a new bullish trend for DOGE, with a price target of $1. However, crypto analyst Nicholas Merten remains skeptical about DOGE's future prospects.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 10:30 am

Dogelon Mars (CRYPTO: ELON) has surged 30% in the last 24 hours, outperforming meme coins Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). The surge was driven by a 200% increase in trading volume, largely on platforms like UniSwap and KuCoin. The overall surge in meme coins due to Bitcoin's climb to $30,000 also contributed to ELON's rise. The launch of an exclusive NFT collection for the ELONgevity community further fueled interest in Dogelon Mars.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 2:55 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant surge, with Bitcoin reaching $30,000. Over $65 million worth of shorts were liquidated in the past 24 hours, contributing to a total of $98 million in total liquidations. JPMorgan analysts expect the approval of spot Bitcoin ETFs within the next few months. The global crypto market cap currently stands at $1.11 trillion. Stock futures are showing a slight uptick as traders anticipate the upcoming release of earnings reports from major tech companies.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 2:18 am

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