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Dogecoin price remains much-eyed by crypto traders and investors as whale accumulations for the meme coin spiked recently. A renowned market analyst revealed on Wednesday that DOGE whales accumulated 180 million coins amid the ongoing broader market flux.
Dogecoin price saw a massive rally in late 2024 driven by the hype around the November US elections. However, the meme coin has since entered a sharp correction as interest in meme coins fades and macroeconomic factors including tariffs, weigh on risk assets.
Dogecoin's path to regulatory approval for an exchange-traded fund took a major step forward with Bitwise's 19b-4 filing, though DOGE price continues to struggle despite the positive development.
Dogecoin started a fresh decline below the $0.2150 zone against the US Dollar. DOGE tested $0.1820 and is now consolidating below the $0.2150 resistance.
A cash-based DOGE ETF is on the table, but will it truly benefit investors?
Dogecoin forms a bullish cup-and-handle pattern as ETF speculation fuels a possible breakout to $5!
Dogecoin (DOGE) has recently seen a significant price drop, falling by 13% and slipping below the critical $0.20 mark as broader market trends continue to weigh heavily on the cryptocurrency. With this sharp decline, the token's performance raises questions about its next move in a market plagued by selling pressure.
The world's most recognized memecoin is set to come under the ETF umbrella, NYSE Arca has officially filed a 19b-4 request with the US Securities and Exchange Commission (SEC) seeking permission to list and trade the Bitwise Dogecoin ETF.
The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum. A crypto analyst has explained that if the cryptocurrency can break above this boundary, it could reach several new bullish targets soon.
Cryptocurrency markets have bounced back into the green on Tuesday, recovering from earlier losses as excitement builds ahead of the crypto summit on Friday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,881.40 +2.5% Ethereum (CRYPTO: ETH) $2,167.42 +2.3% Solana (CRYPTO: SOL) $143.26 +0.6% XRP (CRYPTO: XRP) $2.49 +5% Dogecoin (CRYPTO: DOGE) $0.2003 +0.09% Shiba Inu (CRYPTO: SHIB) $0.00001308 +1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.8% and daily active addresses growing by 20.4%.
A prominent crypto analyst has issued a surprising price prediction for a rising Dogecoin (DOGE) rival, Mutuum Finance (MUTM). Currently, Dogecoin (DOGE) is trading at a price of $0.20. MUTM, on the other hand, is now in presale phase 2, where over $2 million have been raised and over 3,800 investors are on board.
The Dogecoin and Shiba Inu prices have witnessed double-digit crashes in the last few days, sparking a bearish sentiment for the foremost meme coins. This price decline has occurred due to several factors, including Trump's tariffs on Mexico and Canada.
Another wave of pain has hit crypto traders. China just slapped tariffs on U.S. agricultural goods, worth nearly $22 billion.
Dog-themed cryptocurrency Dogecoin (DOGE) has slipped below the critical $0.20 level as the broader crypto market faces intense selling pressure at the start of the week.
Dogecoin alongside other major digital assets has lost its recent upward momentum as the general crypto market experiences a notable drawback. With the market facing bearish pressure, DOGE seems like it could undergo more decline.
Buyers are not ready yet to seize the initiative at the moment, according to CoinStats.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
The cryptocurrency world is going through some big changes right now. DOGE ETF, one of the most famous digital coins that started as a joke, is having trouble. Its price has dropped to $0.20, and plans to create investment funds (called ETFs) for the Dogecoin price aren't moving forward.
Coinbase has been chosen as the custodian for DOGE.
Bitwise advances its Dogecoin ETF plans as NYSE Arca files a 19b-4 proposal with the SEC, aiming to offer regulated exposure to Dogecoin for retail and institutional investors through a direct asset-holding structure. The post Bitwise Dogecoin ETF Advances as NYSE Arca Files 19b-4 appeared first on Cryptonews.
TL;DR Key Filing Milestone: NYSE Arca has submitted a rule change to list Bitwise's Dogecoin ETF, marking a significant push towards regulated crypto investment. Institutional Backing: The ETF will leverage partnerships with Coinbase as custodian and Bank of New York Mellon for cash custody, integrating traditional finance structures with crypto.
Leading cryptos retreated amid uncertainty around the details of President Trump's crypto reserve plans and upcoming tariffs.
Over the last 48 hours, the cryptocurrency market has undergone a violent reversal, losing almost $500 billion in market capitalization. Three of the most popular altcoins, Dogecoin, Solana and XRP, have experienced drops of up to 20%, leaving traders perplexed.
On-chain data shows whale investors purchased an additional 140 million Dogecoin coins in the past 24 hours amid wider crypto bearish sentiment.
