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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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Elon Musk and Dogecoin co-creator Billy Markus have criticized Alphabet Inc.'s YouTube's decision to strip creators of some ad control options. YouTube plans to eliminate individual ad controls for pre-roll, post-roll, skippable, and non-skippable ads on new videos. Instead, creators will have a binary choice: ads before or after a video, with YouTube determining the type of ad to display. The decision has been met with backlash on social media, including Musk's X, formerly Twitter.

Portfolio Pulse from Ananya Gairola

September 07, 2023 | 2:13 am

Crypto analyst, Crypto Tony, predicts a 170% increase in Dogecoin (CRYPTO: DOGE) by April 2024, despite a projected decrease of 33% in November 2023. The analyst also expressed optimism about Bitcoin (BTCUSD), stating it has the potential to surge higher in the coming weeks.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 7:19 am

Shiba Inu (CRYPTO: SHIB) has seen a 3% surge in the last 24 hours, outperforming other notable cryptocurrencies such as Dogecoin (CRYPTO: DOGE), Pepe Coin (CRYPTO: PEPE), and Floki (CRYPTO: FLOKI). Large holders of Shiba Inu have acquired over $100 million worth of SHIB tokens in the past week. The SHIB burn rate has increased by 730% in the last 24 hours, with 77 million SHIB tokens removed from circulation. The Shiba Inu layer-2 network Shibarium has crossed the one million active wallets mark.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 5:48 am

Dogecoin (CRYPTO: DOGE) surged by 3% amid anticipation of the upcoming biography of Tesla CEO Elon Musk, which reportedly reveals Musk's discreet financial contributions to the development of the meme coin. The book, authored by Walter Isaacson, is set to be published on September 12. It also discusses Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, and his unsuccessful attempt to secure a role as part of the investors for Twitter’s (now X) acquisition.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 3:56 am

Major cryptocurrencies showed mixed performance on Tuesday amid fading excitement over the SEC's mandated review of Grayscale Investments’ Bitcoin ETF. Grayscale submitted a letter to the SEC requesting approval for its application to transform the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. Meanwhile, the global crypto market capitalization stands at $1.04 trillion, a 0.90% decrease in the last day. Stocks opened the week on a downward trend as crude oil prices surged. An analyst predicts Bitcoin will surpass its previous highs this year.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 2:41 am

A survey by ConsenSys and YouGov found that 43% of Americans consider investing in cryptocurrency, with 18% having already invested. Bitcoin, Ethereum, and Dogecoin are the top three crypto assets held by American investors. Shiba Inu is the sixth most popular. The majority of respondents believe cryptocurrencies should be heavily regulated.

Portfolio Pulse from Mehab Qureshi

September 05, 2023 | 7:35 am

Despite a significant outflow in the past seven weeks, with large institutional investors selling a total of $342 million in cryptocurrencies for the seventh consecutive week, Solana (CRYPTO: SOL) has managed to capture the attention and favor of large entities. CoinShares reported that institutional investors have been actively pouring money into Solana, with approximately $700,000 invested in the past week and year-to-date inflows reaching $26 million. Other altcoins like Polygon (CRYPTO: MATIC) and Ethereum (CRYPTO: ETH) saw outflows, while Bitcoin (CRYPTO: BTC) recorded slight inflows.

Portfolio Pulse from Mehab Qureshi

September 05, 2023 | 7:34 am

Litecoin supporter Shan Belew has highlighted Litecoin's role in saving Dogecoin from potential collapse in 2014, a fact he claims is often overlooked. Belew's attempts to update the Dogecoin Wiki with information about the merge mining between Litecoin and Dogecoin were declined. The event involved Dogecoin adopting Auxiliary Proof of Work (AuxPoW), facilitated by its collaboration with Litecoin, enhancing its security and stability.

Portfolio Pulse from Mehab Qureshi

September 05, 2023 | 4:37 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced mixed trading due to macroeconomic and regulatory uncertainties. Binance's Global Product Lead, Mayur Kamat, is set to leave the company. The SEC may be forced to approve spot bitcoin ETF applications following a federal court ruling. Crypto analyst Michael Van De Poppe noted a promising trend in Altcoins, suggesting a potential market shift.

Portfolio Pulse from Mehab Qureshi

September 05, 2023 | 2:33 am

DogeDesigner, a graphic designer at Dogecoin, has denied speculation that Elon Musk, CEO of Tesla and SpaceX, is the creator of Bitcoin. The designer argues that the absence of memes in the original Bitcoin white paper serves as evidence against Musk being Satoshi Nakamoto. Musk's involvement with Dogecoin has been intermittent but notable, with his tweets occasionally fueling its popularity. Recently, Musk's social media platform, X (formerly known as Twitter), has been granted a license to provide cryptocurrency wallet services in Rhode Island, leading to speculation that Musk could integrate Dogecoin into the platform.

Portfolio Pulse from Mehab Qureshi

September 04, 2023 | 12:00 pm

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.