Streetbeat News

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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The global cryptocurrency markets are trading lower due to Mt Gox repayments, Germany transferring Bitcoin, and a spike in short liquidations. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies experiencing declines. Notable statistics include a surge in large Bitcoin transactions and exchange netflows, and significant short liquidations. Key developments include Mt. Gox beginning repayments and Justin Sun offering to buy Bitcoin off-market from the German government.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:43 pm

The global cryptocurrency market is down 3%, with meme coins like Dogecoin and Shiba Inu dropping 15% over the past week. Despite this, some traders are doubling down on their positions, while others see shorting as the only viable strategy.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:02 pm

Dogecoin (DOGE) experienced a significant price drop due to whale movements and Bitcoin's decline. Around 400 million DOGE was transferred to Binance, indicating a potential dump. Despite the drop, analysts predict a huge rebound based on Wyckoff Accumulation. Long liquidations spiked to $7.4 million, the highest since June 18.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 3:02 pm

The cryptocurrency market experienced a significant downturn, with Bitcoin, Ethereum, and Dogecoin all seeing substantial declines. The movement of $2.7 billion worth of Bitcoin by Mt. Gox has sparked fears of a sell-off, leading to a wave of liquidations and a bearish sentiment in the market. Analysts predict further potential declines for Bitcoin if it closes below $57,000, with support at $51,000.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

Cryptocurrency markets are trading lower with Bitcoin, Ethereum, and Dogecoin all in the red. Bitcoin is struggling to maintain its $60,000 support level. Notable statistics include a drop in Bitcoin's large transaction volume and daily active addresses. Significant liquidations and open interest levels are also observed. CoinDCX has acquired BitOasis, marking its entry into the MENA market. Analysts predict potential further declines if Bitcoin breaks key support levels.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 2:59 pm

Dogecoin (DOGE) has decreased by 3.48% in the past 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has fallen by 3.0% over the past week, while the circulating supply increased by 0.09%. DOGE's market cap is currently ranked #10 at $17.23 billion.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 3:02 pm

Bitcoin has dropped to $60K, influenced by the first net outflow from Bitcoin spot ETFs in nearly a week. Grayscale Bitcoin Trust led the outflow, while BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund saw inflows. The decline also affected other major cryptocurrencies like Ethereum, Solana, and Dogecoin. Market analysts attribute the downturn to the anticipated distribution of Bitcoin from the defunct Mt. Gox exchange. Despite the current bearish sentiment, some analysts remain cautiously optimistic about Bitcoin's future price targets.

Portfolio Pulse from Murtuza Merchant

July 03, 2024 | 11:15 am

Bitcoin and Ethereum experienced slight declines while Dogecoin saw a modest rise amid thin liquidity in the crypto market. Federal Reserve Chair Jerome Powell's dovish comments did not significantly impact investor sentiment. Bitcoin's open interest increased, indicating new short positions, which is seen as bearish. The global cryptocurrency market cap contracted by 0.35% in the last 24 hours.

Portfolio Pulse from Aniket Verma

July 03, 2024 | 1:49 am

Cryptocurrency markets are trading lower despite positive indicators such as increased Bitcoin ETF flows, exchange netflows, and whale transactions. Bitcoin, Ethereum, and Dogecoin have all seen declines, while Solana has gained. Notable developments include Standard Chartered's prediction of Bitcoin reaching $100K by the US election and Robinhood's potential expansion into cryptocurrency futures markets.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 9:26 pm

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remained rangebound as investors anticipate the impact of Mt. Gox's coin distribution. Bitcoin must reclaim $64K for bullish sentiment, according to analysts. The Nasdaq Composite and S&P 500 saw gains, driven by AI stocks like NVIDIA.

Portfolio Pulse from Aniket Verma

July 02, 2024 | 1:58 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.