The cryptocurrency market is experiencing a sell-off, with a staggering $787 million wiped out in crypto liquidations across various digital assets. Among the hardest hit was Dogecoin (DOGE), which saw a loss of $29 million in crypto liquidations, according to CoinGlass data.
Dogecoin and Shiba Inu prices have significantly crashed in the last 24 hours. This is partly due to Jerome Powell's speech, which painted a bearish picture for crypto assets despite the announcement of a 25 basis point (bps) rate cut.
House DOGE Caucus co-chair Rep. Pete Sessions (R-Texas) joins 'Squawk Box' to discuss the latest development on the government funding battle, whether a bipartisan funding bill can be passed to avert a government shutdown, and more.
As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base.
Dogecoin (DOGE) has been a favorite crypto coin, driven by a strong community, Elon Musk's vocal support, and its potential role in blockchain-based payments. Recently, the Presidential election has fueled speculation about Musk integrating DOGE into platforms like X (formerly Twitter), which he owns.
The Federal Reserve's interest rate cut on Wednesday failed to spur the crypto market,, with the market losing about $120 billion within 24 hours of the announcement. Digital asset prices are tethered to the US dollar, and lower interest rates should have ideally swung the momentum towards crypto coins.
An NFT evening report revealed that the recent BTC price rally above $100k created 14,211 new millionaires and four new billionaires, creating FOMO among people to achieve the same. However, the crypto market is unpredictable, and profiting trades can bring heavy losses.
The memecoin community asks the ‘DOGE Father' Elon Musk about his promises for Dogecoin (DOGE) after Trump's election victory. Despite multiple attempts amid the Bitcoin revival, Dogecoin has failed to break from the $0.4 resistance level.
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.
According to new reports, Dogecoin's market sentiment has plummeted significantly, turning negative once again as its price consolidates. This bearish trend raises the question of whether it is time for investors to buy or sell off their DOGE tokens to avoid future losses.
After an explosive rally, the Dogecoin price consolidated between $0.35 and $0.47, which saw it gain 78% in a month. This has prompted ADA holders to join PropiChain's (PCHAIN) token presale to capitalize on its potential for huge profits in 2025.
The Dogecoin (DOGE) price appears primed for a significant bullish reversal, supported by technical indicators and market sentiment data. Despite recent downward pressures, several factors suggest a potential upward trajectory for the popular memecoin.
The Dogecoin (DOGE) price took a beating on Wednesday, dumping one 9% as risk assets slumped across the board following a more hawkish than expected policy announcement from the US Federal Reserve. The post Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1? appeared first on Cryptonews.
Bitcoin's New Year rally has stalled, prompting concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly after reaching $106,214.
Dogecoin traders saw $13.88 million liquidated within 24 hours, with long positions dominating the imbalance at 92%, marking a significant market anomaly tied to overleveraged trading during volatile price swings. Dogecoin Market Faces Suspicious Activity There has been suspicious behavior in the Dogecoin (DOGE) market.
PEPE's price has dropped nearly 8% in the past 24 hours, days after reaching its all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that PEPE is nearing oversold territory but has not yet hit the critical threshold of 30, leaving room for further correction.
Dogecoin market sentiment turns bearish as investors get impatient with DOGE's sustained consolidation.
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.
Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs.
Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.
PEPE has dropped by 7% in the past 24 hours, with the coin potentially facing huge selling pressure if it rises towards $0.000024. The post Warning for PEPE Holders: Massive Supply Zone Could Trigger Price Collapse appeared first on Cryptonews.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
Pepe coin price dropped for three consecutive days, invalidating a previously bullish pattern and forming another bearish one. Pepe (PEPE), the third-largest meme coin globally, fell to a low of $0.00002117, marking its lowest level since December 6.
On December 14, 2024, a dormant whale wallet made ripples in the cryptocurrency market by transferring 2.1 trillion PEPE tokens worth over $52 million. This large transfer, which occurred after 600 days of inactivity, has spurred excitement and speculation about a possible price increase for the popular meme coin.
Anomalous activity has been detected in Dogecoin (DOGE) trading. As became known thanks to data from CoinGlass, derivatives trading with the popular meme cryptocurrency witnessed an abnormal imbalance in the last 24 hours.
The meme coin space is facing a mix of IP disputes and speculative frenzy as community-driven projects like Neiro (CRYPTO: NEIRO) tokens clash over legitimacy, while Fartcoin (CRYPTO: FARTCOIN)—an AI-inspired meme token—surged to a market cap of $763.9 million. What Happened: Own The Doge DAO, the organization holding the original Dogecoin (CRYPTO: DOGE) meme IP, announced that it has acquired the rights to use the likeness of Neiro.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
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Dogecoin (DOGE) continues to hold investor attention as it battles key support levels near 0.40 USDT. Meanwhile, an emerging cryptocurrency, Rexas Finance (RXS), has captured the spotlight with its recent presale success, raising 26.9 USDT and projecting massive growth potential, including a possible 18,400% surge in 2025.
Dogecoin (DOGE) is showing signs of a potential market reversal as key on-chain metrics experience notable increases. Despite recent consolidation in its price, the cryptocurrency has seen a significant uptick in transaction activity, especially among larger transactions.
As Pepecoin (PEP) faces challenges maintaining its bullish momentum, Pepe Unchained (PEPU) and iDEGEN (IDGN) are making waves with their impressive gains. While Pepe Unchained is capitalizing on exchange listings and staking incentives to gain traction, iDEGEN is attracting attention with its AI-driven meme culture and unique presale model.
Dogecoin (DOGE) transaction volume has plunged to its lowest level since November, indicating a significant drop in market participation on both spot and derivative exchanges.
Dogecoin (CRYPTO: DOGE) continues to trend downward, reflecting broader stagnation in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3885 $57.2 billion -4.1% -3.6% Shiba Inu (CRYPTO: SHIB) $0.00002602 $15.3 billion -4.7% -5.9% Pepe (CRYPTO: PEPE) $0.00002179 $9.2 billion -7.2% -8.4% Trader Notes: Crypto trader More Crypto Online notes that Dogecoin's recent 4% drop means the price stuck in a consolidation phase.
Dogecoin price slips for three straight days as the weakness among most altcoins continues. Its pullback mirrors that of other popular meme coins like Shiba Inu, Floki, and Dogelon Mars.
The memecoins have been quiet of late, as all eyes have been on Bitcoin ($BTC). Is it now time for the memes to bounce?
IP-backed meme tokens are quickly becoming a hot topic in crypto circles. The market is showing signs of being wary of unlicensed offerings.
Since Bitcoin became the first cryptocurrency in 2009, there are now thousands of cryptocurrencies. These new coins (which run on their own native blockchains) are called altcoins or alternative coins. One popular altcoin is Dogecoin. It can be bought, sold and traded, just like Bitcoin.
On-chain data shows $15 million in PEPE tokens moving off exchanges as technical patterns suggest a possible 17% price increase, while Binance traders maintain heavily bullish positioning.
Riding the currents of market excitement and community-driven momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have long been investor favorites. But when both tokens go into periods of consolidation, a new competitor is taking the front stage with more returns and creative features.
On-chain metrics revealed that exchanges have witnessed $15 million worth of PEPE outflow.
The Dogecoin price is now at a decisive junction as it hovers near a support level that could determine its short-term direction. A recent analysis on TradingView highlights the importance of the $0.394 support, with outcomes pointing toward both bullish and bearish scenarios depending on price movement at this support level.
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.