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DOGEUSD

Dogecoin / US Dollar

https://dogecoin.com/

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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Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a decline following the release of the minutes from the September Federal Open Market Committee meeting. The minutes revealed that a majority of committee members anticipate at least one more rate hike during this cycle. The global crypto market cap currently stands at $1.06 trillion, reflecting a decrease of 1.39% in the past 24 hours. Stocks made modest gains on Wednesday as investors awaited the release of new U.S. consumer inflation data.

Portfolio Pulse from Mehab Qureshi

October 12, 2023 | 2:47 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin have shown resilience amidst the ongoing Israel-Hamas conflict. Israeli police have seized cryptocurrency accounts associated with Hamas, with the help of Binance and other entities. The global crypto market cap stands at $1.07 trillion, reflecting a 0.46% decrease in the past 24 hours. U.S. stocks recorded gains on Tuesday, with the S&P 500 and Nasdaq Composite registering increases. Analysts predict potential weakness in Bitcoin and a possible collapse of Ethereum by year-end.

Portfolio Pulse from Mehab Qureshi

October 11, 2023 | 2:44 am

Crypto influencer MartyParty has found a mention of Dogecoin (CRYPTO: DOGE) in the source code of Tesla’s Cybertruck checkout page. This has sparked curiosity among cryptocurrency enthusiasts. However, the mention of Dogecoin payment integration in the source code does not guarantee that DOGE will be integrated into Cybertruck. Tesla currently accepts Dogecoin for certain product purchases.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 11:44 am

Billy Markus, co-creator of Dogecoin, criticized California's new law banning certain food additives, which was initially dubbed the 'Skittles ban'. Elon Musk also expressed his disbelief at the ban. The news comes amid concerns raised by Senator Elizabeth Warren about the role of cryptocurrencies, including Dogecoin and Bitcoin, in funding illicit activities such as the fentanyl trade.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 6:32 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced significant losses on Monday due to a decline in digital asset prices and the escalating conflict in the Middle East. Over 42,778 traders were liquidated, resulting in a total of $114.94 million in liquidations. The largest individual liquidation occurred on Binance, involving the ETH/BUSD pair with a value of $4.53 million. Analysts predict that Bitcoin is likely to start its path towards $30K, while Ethereum and Bitcoin are 'getting slaughtered' with no bounce expected until lower areas are reached.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 3:04 am

Dogecoin's price has fallen 3.83% to $0.06 in the past 24 hours, continuing its negative trend over the past week with a 5.0% loss. The trading volume for the coin has fallen 17.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.19%. The current market cap ranking for DOGE is #10 at $8.32 billion.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

Former President Donald Trump's sale of non-fungible tokens (NFTs) has been criticized by his niece, Mary Trump, who called it a scam. Instead, she suggested investing in major cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin. If one had invested $100 in each of these cryptocurrencies on January 20, 2021, the total investment would now be worth approximately $357.21.

Portfolio Pulse from Mehab Qureshi

October 09, 2023 | 11:11 am

The SEC's argument in a federal court case against Coinbase that cryptocurrencies lack any inherent value has drawn criticism from Tesla CEO Elon Musk and Dogecoin co-creator Billy Markus. The SEC's stance is based on federal securities laws and the 'Howey Test'. Coinbase's chief legal officer, Paul Grewal, dismissed the SEC's arguments. Earlier, Coinbase received a Wells Notice from the SEC over potential violations of U.S. securities law.

Portfolio Pulse from Mehab Qureshi

October 09, 2023 | 3:39 am

Shiba (SHIBA), a cryptocurrency that calls itself the 'Dogecoin killer', has seen a 750% increase in value in the past 24 hours. The token is not listed on centralized exchanges but has been actively traded on decentralized ones. The SHIBA website declares itself as the 'rebirth of the DOGE killer' and anticipates a new leader in the crypto market. SHIBA has also introduced its own token called $BONES.

Portfolio Pulse from Mehab Qureshi

October 09, 2023 | 3:17 am

Since the market bottom in March 2020, major U.S. indices have seen respectable returns, with SPDR S&P 500 ETF (SPY), Invesco QQQ Trust Series 1 (QQQ), and SPDR Dow Jones Industrial Average ETF Trust (DIA) returning 87.7%, 113.6%, and 74.1% respectively. However, cryptocurrencies have outperformed these indices, with Bitcoin, Ethereum, and Dogecoin seeing significant returns.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 2:59 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.