Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
Dogecoin's price has shown little momentum recently, holding around $0.25, with no clear direction emerging. This uncertainty has extended into the futures market, where traders are unsure of the coin's next move.
Dogecoin (DOGE) has faced price volatility lately, and the coin has not found stability above the $0.27 level. In the last seven days, DOGE's price breached the $0.265 mark only once but found no boost to sustain this upward move.
Leading the market among cryptocurrencies, Bitcoin exhibits encouraging progress. With a market value of $1.92 trillion and trading at $97,334.17, Bitcoin is displaying encouraging movement. Analysts see Bitcoin rising and project a $2.5 trillion market cap in 2025. Should this occur, Dogecoin might reach $4.
According to reports, the gas fees of Ethereum have dipped to its lowest of $0.04 in the last week, making it one of the cheapest networks in the market. Meanwhile, the Dogecoin price is trading in an ascending channel. Ali Martinez forecasts its value could pump to $4 in the coming months.
With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.
Rep. Laurel Lee, R-Fla., discusses the reported ICE leaks, deportation flights, sanctuary cities' lack of cooperation with the Trump administration, the president's latest executive order and combatting the country's fentanyl crisis.
Memecoins have taken a fearful beating over the last couple of months. Some are down as much as 85% and more.
US stock futures headed lower as President Trump continues to disrupt the government and Elon Musk, director of the DOGE agency, defends the administration's approach to cost cutting. Fed Chair Jerome Powell signaled restraint in making further cuts to the interest rate, pausing a rally in gold.
Data shows users on the major social media platforms have continuously been losing interest in Dogecoin and other memecoins recently. Top 6 Memecoins Have Seen Their Social Dominance Trend Down Recently In a new post on X, the analytics firm Santiment has discussed about how social media attention has recently shifted for the various cryptocurrency market segments.
A 'Mornings with Maria' panel weighs in on President Donald Trump signing an executive order to reduce the size of government as Elon Musk's DOGE continues to upset Democrats.
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
DOGE is showing signs of a potential bullish reversal, with a cup-and-handle formation emerging. A breakout above $0.28 could trigger an upward move toward $0.39, while key support remains near $0.24.
If you are looking for multibagger returns, crypto should be on your radar. This highly volatile asset class has minted its fair share of millionaires.
Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.
At Argentina's Ministry of Deregulation and State Transformation, two piles of laws to be streamlined or cut sit on a wooden desk near an Elon Musk biography and a figurine of libertarian President Javier Milei with his iconic chainsaw.
A new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $2.43. His analysis relies on Elliott Wave theory, which divides market movements into impulsive drives and corrective phases.
Despite being some investors' favourites in the crypto industry, Dogecoin and Cardano may be having trouble providing the spectacular gains investors demand based on recent price behaviour. While the ADA price is facing both positive and negative signals, the DOGE price has been locked in a tumultuous cycle and leaves traders wondering what next.
A widely followed cryptocurrency trader plans to hold onto their Dogecoin (CRYPTO: DOGE) until Mar. 24, anticipating a significant pump in the value of the world's largest meme cryptocurrency. What Happened: Chandler, noted for analyzing chart patterns and forecasting the next moves for cryptocurrencies, shared their investment strategy for Dogecoin.
Santiment, an analytic platform, announced that Cardano had garnered massive social media interest compared to Ethereum and Dogecoin. The firm also highlighted that Bitcoin led the way, as usual, in terms of crypto discussions on X, Reddit, Telegram, 4Chan, Bitcointalk, and Farcaster.
Dogecoin (DOGE) has recently surged 7% in value over the past 24 hours, reflecting a strong upward movement that has been propelled by renewed trading activity in the cryptocurrency market. This positive trend is largely attributed to increased investor confidence, as evidenced by a notable rise in the holding time of DOGE coins.
The Dogecoin price is ready to hit new all-time highs, as a crypto analyst has projected a surge above $1 by March.
Tesla shares fell 7% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.
Elon Musk defended his "Department of Government Efficiency" against critics, as he stood behind President Donald Trump.
As Dogecoin (DOGE) continues to enjoy a year-to-date increase of 220.9%, the top meme coin is not showing any signs of relenting.
Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.
A crypto market crash has occurred, with Bitcoin, Ethereum, XRP, and the Dogecoin price witnessing significant declines. This price decline came following the Federal Reserve Chair Jerome Powell's testimony before the Senate Banking Committee.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are attempting to stage a rally on Tuesday as Bitcoin hovers around $96,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2548 $37.7 billion +0.5% -5.2% Shiba Inu (CRYPTO: SHIB) $0.00001582 $9.32 bilion -0.4% +0.2% Pepe (CRYPTO: PEPE) $0.059870 $4.15 billion +1.6% -4.1% Trader Notes: Crypto chart analyst Ali Martinez sees Dogecoin's path clear for a potential rally to $4.
Elon Musk changed his X name to Harry Bōlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.
Is it time to look beyond Dogecoin (DOGE) and Shiba Inu (SHIB)? One rising crypto, Lightchain AI, is set to outperform them, with analysts predicting it could turn $455 into $26,455 by year-end.
Bulls are trying to hold the gained initaitive, according to CoinStats.
The Department of Government Efficiency is seeking to make massive cuts to federal spending under billionaire Elon Musk.
With the crypto market gearing up for another bullish cycle, investors are carefully selecting projects with strong upside potential. Among the top picks for 2025 are Dogecoin (DOGE), Coldware (COLD), and Ripple (XRP), each offering unique advantages in the evolving digital asset ecosystem.
Dogecoin is showing signs of bullish momentum, holding strong above key levels. With increasing trader confidence and reduced selling pressure, DOGE might be poised for a rally toward $4.
Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.
According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.
Former New Hampshire Governor Chris Sununu joins 'Squawk Box' to discuss the mission of DOGE in Washington, cuts to government agencies, rise of anti-woke sentiment, and more.
Dogecoin's surge in trading volume and the breakthrough of the 200 EMA suggest that things might be getting better. Even though the volume is somewhat moderate, it might be enough to ignite a strong rally in the foreseeable future for the asset.
The price of Dogecoin (DOGE) has bounced back above the $0.20 support. DOGE price analysis by Coinidol.com.
Investors are once again becoming drawn to Dogecoin (DOGE). This time, analysts have found a pattern that could send the famous meme coin soaring past the long-awaited $1 mark.
The value of leading meme coin Dogecoin (DOGE) has climbed 7% in the past 24 hours, benefiting from renewed trading activity in the broader crypto market.
Dogecoin and Ethereum are showing substantial swings as the crypto market negotiates its customary turns that have left investors wondering about the next action. While the ETH price chart shows notable resistance levels, DOGE price volatility still worries short-term traders.
Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.
Crypto analyst Ali (@ali_charts) has published a weekly chart on TradingView that places Dogecoin (DOGE) squarely above a defining ascending channel drawn from early 2014. Although many altcoins have gone through boom‐and‐bust cycles in their histories, the attached chart reveals that DOGE has largely respected this upward‐sloping range for more than a decade.
The US Department of the Treasury is accused by the Republicans of having allowed unauthorized access to sensitive data to the DOGE.
There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.
Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.