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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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CoinFlip, a Chicago-based startup, is expanding its cryptocurrency ATM offerings beyond Bitcoin to include several other cryptocurrencies. The company is navigating a market correction in the Bitcoin ATM space, which is seeing consolidation and a reduction in the number of ATMs. CoinFlip is also exploring global expansion, particularly in New Zealand, and is investing in early-stage crypto startups through CoinFlip Ventures.

Portfolio Pulse from Anthony Noto

August 24, 2024 | 4:00 pm

Cryptocurrency markets are experiencing a bullish trend as Federal Reserve Chair Jerome Powell hints at potential interest rate cuts. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies seeing significant gains. A 'golden cross' formation in Bitcoin suggests a potential rally, with experts predicting a bullish phase that could surpass the 2016-2017 cycle.

Portfolio Pulse from Khyathi Dalal

August 23, 2024 | 7:35 pm

Floki has decided to invest $200,000 in Simon's Cat token, leading to a 72% increase in CAT's price and a 4% rise in FLOKI's price. This move is part of Floki's strategy to expand its ecosystem beyond being a meme coin.

Portfolio Pulse from Aniket Verma

August 23, 2024 | 9:24 am

A claim by Bitwise CEO Hunter Horsley suggests more Americans own crypto than dogs. Benzinga's fact-check reveals that while more households own dogs, more individual adults own crypto. This supports the popularity of dog-themed meme coins like Dogecoin and Shiba Inu.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 8:02 pm

Cryptocurrency markets are slightly down as traders anticipate Jerome Powell's guidance on potential rate cuts. Bitcoin, Ethereum, and Dogecoin are experiencing minor declines, while Shiba Inu sees a slight gain. Notable developments include Donald Trump's launch of a crypto platform and discussions on Bitcoin's transformative technology.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 7:30 pm

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw a rise as the Federal Reserve signaled a potential rate cut, boosting investor confidence in riskier assets. Bitcoin's open interest and Ethereum's derivatives market investments increased, indicating heightened speculative interest. Analysts suggest Bitcoin needs to close above $61,600 to break out, while Ethereum should hold above $2,500 to target $3,150.

Portfolio Pulse from Aniket Verma

August 22, 2024 | 2:03 am

Dogecoin (DOGE) has risen by 7% this week, reaching the $0.10 level. The increase is partly due to a social media post by Elon Musk, which led to a quick price uptick. Despite mixed opinions on its short-term potential, Dogecoin is recommended as a 'buy and hold' asset. Large transactions have increased by 25.3%, and 73% of holders remain profitable.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 11:57 pm

Cryptocurrency markets are rising as Kamala Harris' campaign supports policies to expand the crypto industry. Bitcoin has surpassed $61,000, with Ethereum and Dogecoin also seeing gains. Large transaction volumes remain flat, but transactions over $100,000 have increased. The crypto community is optimistic about future price movements.

Portfolio Pulse from Khyathi Dalal

August 21, 2024 | 8:22 pm

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