Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.

Elon Musk alleges Senator Warrens scrutiny of his role in Trumps cabinet is influenced by Sam Bankman-Frieds parents. The post Elon Musk says Warren's scrutiny of his DOGE role is driven by SBF's family appeared first on Crypto Briefing.

The newly-launched Pudgy Penguins (CRYPTO: PENGU) token has been listed on Binance, prompting speculation that it could soon join the ranks of the top meme coins. What Happened: According to Lookonchain data, a savvy trader made $8.4 million profit by trading PENGU in under 20 minutes.

You might not realize it, but Dogecoin was the trailblazer of the memecoin craze, kicking off a whole new trend in the crypto world when it launched in 2013. Fast forward to 2024, and it's still riding high, fresh off a 35% increase and looking at another potential rally.

Dogecoin consolidates at $0.40 amid spikes in dormant token activity and rising transaction volumes.

The price of the main cryptocurrency, Bitcoin (BTC), set a new all-time high during today's trading session. Thus, having soared by more than 2% from the opening price, a new all-time high for BTC was set at $108,353, according to Binance.

With the rise of cryptocurrency cloud mining in recent years, most investors have rushed to grab this piece of “beeswax” and obtain huge profits from it. As the leader of cloud mining service providers, Cryptokeying has the most advanced data centers in the world, providing reliable, intelligent and diversified computing power.

The market keeps growing today, according to CoinMarketCap.

Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according to analysts. Following a significant yearly peak of $0.47 last month, the cryptocurrency is currently trading in the $0.40 range.

Dogecoin maintains its position above $0.39 support while forming a potential base for recovery, with technical patterns suggesting possible upside movement if key resistance levels are cleared.

Key on-chain metrics for Dogecoin have significantly increased, indicating increased activity in spite of price consolidation. Over the past week, the average transaction size has increased dramatically, reaching a seven-day high of $33,411 on Nov. 12, 2024, while continuing to hover around a seven-day average of $11,960.

Dogecoin started a downside correction below the $0.400 support against the US Dollar. DOGE is now consolidating and might aim for a fresh increase above $0.4050.

The market leader has made a significant comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum.

Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, has recently listed his top five favourite cryptocurrencies. The first on Markus's list is Dogecoin, which is quite expected since he is one of its creators.

As the Dogecoin (DOGE) price consolidates near $0.40, bullish catalysts for the world's largest meme coin continue to build in the background, suggesting a new leg higher could be just around the corner. The post Dogecoin Price Set to Blast Past $3.0 Soon? Here's Why That's Likely appeared first on Cryptonews.

Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

Dogecoin's price rose by 2% in the past 24 hours, trading between $0.39 and $0.41. Data suggests that 5.8 billion previously idle DOGE tokens were recently moved.

Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) are gaining momentum as Bitcoin reaches a new all-time high above $107,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4118 $60.6 billion +1.9% -5.5% Shiba Inu (CRYPTO: SHIB) $0.00002784 $16.4 billion +0.4% -6.5% Trader Notes: Benzinga's technical analysis shows that SHIB's Relative Strength Index (RSI) stands at 42.85.

The Dogecoin price could be gearing up for a potential bullish move as it approaches a critical resistance level. Following the completion of its price consolidation, a crypto analyst has suggested that technical indicators point to a significant breakout to the upside.

Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

While Bitcoin surges, Dogecoin falters, leading to questions about its future and ATH prospects.

Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio.

According to the data provided by popular service Whale Alert, which tracks down large cryptocurrency transfers, two massive crypto transactions were spotted on Binance, the world's biggest centralized cryptocurrency trading platform in terms of volume size.

Crypto analyst Elalemiami has revealed that the Dogecoin price is about to test the Gaussian channel on the chart. The analyst also mentioned what he expects to happen when DOGE touches the Gaussian band.

Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum of $0.64 in 2024. With a potential surge, the DOGE price may achieve its $1 mark in 2025. Dogecoin, the memecoin category leader, has made a strong bullish comeback by achieving a multi-year high.

The meme coin market is gaining momentum again as SHIB and DOGE indicate a potential bull run. Meanwhile, Rexas Finance (RXS) is also generating news for its aggressive growth targets and quick presale development. Here is what to expect from these coins. Rexas Finance at $0.

Billy Markus, the creator of Dogecoin better known online as Shibetoshi Nakamoto, recently shared his top five favorite cryptocurrencies. As things stand, his top picks are Dogecoin (DOGE), Bitcoin (BTC), Avalanche (AVAX), Ethereum (ETH) and Solana (SOL), with each one having its own special reason for making the list.

Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.

Bitcoin's new all-time high of $106,352 has set the stage for potential movement in Dogecoin's price, with analysts offering varied predictions ranging from a 125% increase to a 13.33% decrease by March 2025.

Memecoins aren't just battling altcoins; they're also losing ground on key internal fronts.

When it comes to trading, success depends not just on luck or timing, but on having the right tools. This is especially true when it comes to the crypto market, known for its significant and extremely fast moves.

The MVRV ratio for DOGE suggests correction phase aligning with current price action.

Dogecoin (DOGE) has lost its bullish momentum as the bears break below the 21-day SMA. The cryptocurrency was dumped at a high of $0.48, which caused it to fall below the 21-day SMA.

Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.

The price of Bitcoin came within a few hundred dollars of the record Sunday while other assets like Dogecoin and XRP are quietly climbing.

Dogecoin (DOGE) is once again capturing the attention of the market as bullish momentum surges through. Optimism regarding meme cryptos such as Dogecoin has increased as Bitcoin continues to meander near historic highs.

The week was a rollercoaster ride in the cryptocurrency world. From Peter Schiff's advice to President Biden to sell all U.S.-owned Bitcoin, to a bearish turn in the Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) markets, and a potential surge in Dogecoin's value, there was no shortage of action.

An exploit first discovered and disclosed by crypto researcher Tobias Ruck crashed over half of the nodes of Dogecoin, a cryptocurrency with a market capitalization of over $58 billion. This event remarks that cryptocurrency projects are as vulnerable as their codebase.

The cryptocurrency market has long been a favorite of aggressive investors (perhaps more accurately described as speculators) because of its volatility . At their best, these digital assets can trounce traditional stock market indexes like the S&P 500 or Nasdaq Composite.

Dogecoin (DOGE) bulls are recording massive purchases amid sideways trading, signaling an uptrend in the coming months. The asset's on-chain factors are flipping green alongside top crypto on the back of institutional demand and Elon Musk's influence.

Dogecoin's price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757.

The Shiba Inu (SHIB) cryptocurrency has recently made waves by breaking through a significant resistance level, sparking excitement among investors. This milestone has led some to question whether SHIB is now a better investment opportunity than its rival, Dogecoin (DOGE).

A pattern uncovered by AMBCrypto reveals the key factor preventing DOGE from breaking out of its consolidation phase.

Following a price spike to new highs in the past few months, the doggy-themed meme coin Bonk (BONK) has since declined and is now consolidating.

Crypto analyst Trader Tardigrade has highlighted a bullish pattern that has formed on the Dogecoin price chart. Based on this pattern, the analyst predicted that the Dogecoin price could reach as high as $2.15 in this market cycle.

Dogecoin (CRYPTO: DOGE) is hinting at a possible price surge in the wake of its remarkable rally. Since hitting its lowest point in August, Dogecoin has seen a 480% recovery, including a 220% rally post the November presidential election.