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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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This week's cryptocurrency news focused on Dogecoin's potential to reach $16, rising hopes for a Bitcoin ETF approval, and Anthony Scaramucci's bold prediction for Bitcoin's value. Crypto Analyst AMINSHEYBANI predicted that Dogecoin could surge over 27,000% and potentially reach $16. Ark Invest's CEO Cathie Wood stated that hopes are rising for a Bitcoin ETF approval by the SEC. Anthony Scaramucci of SkyBridge Capital projected that Bitcoin's value could skyrocket 2,662%, potentially rivaling a $15 trillion asset class. BlackRock Inc’s CEO Larry Fink commented on the Bitcoin rally following a false report about their application for an iShares Bitcoin Trust ETF.

Portfolio Pulse from Benzinga Neuro

October 22, 2023 | 1:02 am

Bitcoin (BTC) led the crypto sector higher during Friday's trading session amid optimism about the approval of a spot Bitcoin ETF. BlackRock and Fidelity made changes to their Bitcoin ETF submissions, while Grayscale filed an S-3 application for similar approvals. Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) are trading in patterns that suggest potential bullish movements. However, Ethereum and Dogecoin are currently trading in bear cycles.

Portfolio Pulse from Melanie Schaffer

October 20, 2023 | 8:08 pm

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin are trading lower as the global cryptocurrency market cap declined 0.9% to $1.08 trillion. This comes as Fidelity filed amendments to a proposed spot ETF with the U.S. Securities and Exchange Commission, focusing on how it would safeguard cryptocurrency stored in custody accounts and disclosures related to the regulatory environment affecting cryptocurrencies. Analyst Edward Moya from OANDA expects a spot Bitcoin ETF approval to happen before the end of the year.

Portfolio Pulse from Shivdeep Dhaliwal

October 19, 2023 | 3:08 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a mixed trade after a false rumor about the SEC approving BlackRock's spot bitcoin ETF application circulated. The rumor led to a decline in the cryptocurrency market. Binance is temporarily suspending new user registrations in the UK due to FCA regulations and is seeking a new FCA-authorized partner. Binance.US also announced the temporary suspension of direct dollar withdrawals for US customers. The global crypto market cap stands at $1.06 trillion, reflecting a 0.89% increase in the past 24 hours.

Portfolio Pulse from Mehab Qureshi

October 18, 2023 | 3:25 am

A false rumor about the SEC approving BlackRock's spot bitcoin ETF application led to a significant surge in major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. The rumor resulted in the liquidation of over $104 million worth of short trading positions. However, a BlackRock spokesperson clarified that the application is still under review. Following the clarification, Bitcoin's value declined to around $28,000.

Portfolio Pulse from Mehab Qureshi

October 17, 2023 | 2:39 am

Japanese crypto exchange BitTrade has announced that it will add Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) to its platform, effective Oct. 18, 2023. This move could potentially push token prices higher. Shiba Inu's burn rate has surged by more than 270% in the past 24 hours, with 48 million SHIB tokens permanently removed from circulation. Dogecoin, favored by billionaire Elon Musk, has a significant number of wallets with unrealized earnings.

Portfolio Pulse from Khyathi Dalal

October 16, 2023 | 7:27 pm

Dogecoin (CRYPTO: DOGE) traded higher by as much as 3% to the $0.061 level Monday morning before falling amid false rumors of the iShares Bitcoin Spot ETF receiving approval. BlackRock, which owns iShares, denied the rumors. The false information led to a surge in demand for Dogecoin, pushing its price higher. However, Dogecoin is trading nearly flat at the $0.059-level Monday morning.

Portfolio Pulse from Henry Khederian

October 16, 2023 | 3:00 pm

Crypto analyst Ali has indicated that Dogecoin (CRYPTO: DOGE) is nearing the apex of a multi-year descending triangle formation. A weekly candlestick close above $0.0835 could trigger a new DOGE bull run, potentially toward $1. However, not all analysts share the same optimism for Dogecoin. Crypto analyst Nicholas Merten expressed a skeptical viewpoint regarding the potential for a bullish trend in DOGE.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 10:27 am

Elon Musk criticized the increasing number of advertisements on Alphabet Inc.-owned YouTube, terming it as 'Ad Creep'. This criticism comes amidst YouTube's decision to limit individual ad control options for creators and adjust its ad format. YouTube also plans to increase the price for YouTube Premium to $13.99 per month.

Portfolio Pulse from Ananya Gairola

October 16, 2023 | 6:58 am

The burn rate of Shiba Inu (SHIB) has surged over 270% in the past 24 hours, with 48 million SHIB tokens burnt and removed from circulation. The number of SHIB addresses profiting from holding SHIB tokens has risen from 7% to 9%. In addition, tickets for the film “Taylor Swift: The Eras Tour” can now be purchased using SHIB, Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) due to a partnership between BitPay and AMC. SHIB's price has surpassed the crucial support level at $0.0000070.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 6:17 am

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