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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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Cryptocurrency markets are trading sideways after the Fed left interest rates unchanged. Bitcoin is hovering around $65,516, with a potential support level at $64,000 if it drops further. Ethereum whales have accumulated significant amounts of ETH, and Bitcoin has seen substantial on-chain movement. Notable developments include new crypto regulations in the Bahamas, SEC charges against BitClout's founder, and Tether's record profit. Market sentiment is bullish towards Bitcoin, suggesting a potential bull run.

Portfolio Pulse from Khyathi Dalal

July 31, 2024 | 8:03 pm

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, edged lower as Mt. Gox moved billions in Bitcoin out of its cold wallet. Ethereum saw net outflows from newly-listed spot ETFs, but analysts predict a potential bull run for ETH. The Nasdaq Composite and S&P 500 slipped, while the Dow Jones gained ahead of Microsoft's earnings report.

Portfolio Pulse from Aniket Verma

July 31, 2024 | 3:01 am

Cryptocurrency markets are down, with Bitcoin, Ethereum, and Dogecoin experiencing declines. Grayscale is introducing a new Bitcoin ETF. Despite the downturn, analysts suggest Bitcoin is on track for a September breakout. Notable developments include Russia greenlighting crypto for cross-border payments and the SEC amending its complaint against Binance.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 8:13 pm

The announcement of a new Shiba Inu puppy, Neiro, by the owner of the original Dogecoin meme coin dog, Kabosu, has led to a surge in Neiro-themed token creation on the Solana blockchain. This has resulted in significant trading activity and market capitalization for some tokens, pushing Solana's transaction volume above Ethereum's. Kabosu's owner has distanced herself from these tokens, warning of potential scams.

Portfolio Pulse from Murtuza Merchant

July 30, 2024 | 2:49 pm

Dogecoin is attempting a breakout, with analysts divided on its potential. Some see a massive development, while others note instability. Dogecoin's large transaction volume and daily active addresses have increased, but exchange netflows have dropped significantly.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 12:46 pm

Bitcoin and Dogecoin experienced declines while Ethereum saw gains as the U.S. government moved $2 billion worth of Bitcoin, causing market panic. The S&P 500 and Nasdaq Composite saw slight increases, while the Dow Jones Industrial Average fell. Investors are looking forward to earnings reports from Microsoft and Apple. Economist Alex Krüger linked Bitcoin's correction to Vice President Kamala Harris's positive polling results.

Portfolio Pulse from Aniket Verma

July 30, 2024 | 2:22 am

Cryptocurrency markets are experiencing choppy price action ahead of the FOMC meeting on Wednesday. Bitcoin and Dogecoin have erased earlier gains, while Ethereum is holding on. Notable developments include the U.S. government moving $2 billion worth of Bitcoin and the U.S. Marshall Service sending Bitcoin to Coinbase for custodianship. Crypto-related stocks like Coinbase and Marathon Digital surged following pro-Bitcoin comments from Donald Trump.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 8:26 pm

Elon Musk shared his thoughts on cryptocurrency, expressing a fondness for Dogecoin and acknowledging some merit in Bitcoin. He clarified that he won't be promoting crypto seriously and refuted claims of discussing crypto with Donald Trump. Musk's comments come after the Bitcoin 2024 conference where Trump made bold promises regarding cryptocurrency policies.

Portfolio Pulse from Murtuza Merchant

July 29, 2024 | 5:28 pm

The developer of the Solana-based meme coin Neiro has turned 3 SOL into $2.85 million, raising suspicions of a 'rug pull' scheme. This controversy comes amidst a broader resurgence in the meme coin market, with some coins like Dogwifhat seeing significant gains. However, the sector is also facing scrutiny due to allegations of insider trading and celebrity-backed coins failing to perform.

Portfolio Pulse from Murtuza Merchant

July 29, 2024 | 4:27 pm

Prominent traders predict a bullish trend for Dogecoin (DOGE), with price targets ranging from $0.30 to above $0.50 in the next 6-12 months. The coin has seen a 2% increase in the past 24 hours and an 8% rise over the past 30 days. Elon Musk's support and significant transaction volumes are contributing factors.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 12:10 pm

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