Veteran trader Peter Brandt sees dogecoin mirroring bitcoin's 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk's influence boosts investor sentiment.

Dogecoin has experienced a sustained rally over the past month, hiking by 234.72%.

The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart.

Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum.

Solana (SOL), the fourth-largest cryptocurrency has gained notable attention from the cryptocurrency community as it breaks out of bullish price action patterns. Following the breakout, SOL is currently consolidating near the support level of $204, indicating potential accumulation before a major rally begins.

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy U.S.

Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.

Solana's recent price decline appears to be a retest of the breakout level, which is a bullish signal.

The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.

According to a leading crypto expert, Arthur Hayes, Elon Musk won't achieve much in his new role at the Department of Government Efficiency.

Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.

Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin's early footsteps.

Elon Musk said Wednesday that Dogecoin's odd tokenomics actually work in the meme coin's favor, which one DOGE founder agreed with.

Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.

Payment financing (PayFi) network Huma Finance launched its protocol on Solana. The expansion to this blockchain network expands Huma's ability to provide instant liquidity solutions for global businesses and meet the demand for affordable, accessible and secure on-chain payment financing, Huma said in a Wednesday (Nov. 13) press release.

President-elect Donald Trump taps Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency to slash wasteful government spending. "CoinDesk Daily" host Christine Lee explores the context, breaks down the reaction and explains what impact DOGE will have in the future.

The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.

A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5.

Dogecoin's market cap has surged to $60 billion over the past week following Donald Trump's 2024 election victory.

The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses very soon.

Solana price has been in a bullish rally over the last week, fueled by a recent surge in the crypto market, with Bitcoin price reaching new all-time highs above $93,000. Despite a slight pullback today, analysts suggest that Solana's price momentum could continue upward, potentially reaching $300.

The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.

Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.

Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.

Crypto analyst Master Kenobi has revealed the factors that could lead to a Dogecoin price rally to $2 and cause the meme coin to flip Solana and BNB in the process. This came as the analyst outlined a scenario where Dogecoin becomes the third-largest crypto by market cap.

Cryptocurrency markets are trading higher as meme coins Pepe and Dogwifhat were listed for trading on Coinbase (NASDAQ:COIN). Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $90,040.52 +1% Ethereum (CRYPTO: ETH) $3,166.17 -3.5% Solana (CRYPTO: SOL) $210.16 -1.3 Dogecoin (CRYPTO: DOGE) $0.3836 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002485 -6% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 18.7% and daily active addresses growing by 7.8%.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Fried Thiel of MARA discusses how the postelection rally impacts crypto miners.

A massive Dogecoin (DOGE) transactions has caught the eye of the cryptocurrency community, as a massive 200 million tokens worth over $45.7 million were withdrawn from major cryptocurrency trading platform Robinhood Crypto.

Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors.

Solana has become a preferred option for many venture capitalists and hedge funds, with belief that its price could reach new ATH during this bull market cycle. As Bitcoin aims for new all-time highs above $90K, potentially reaching $100K by year-end, there is significant buying interest in the altcoin market.

Solana (CRYPTO: SOL) is gaining traction as a strong contender for the next major altcoin rally, with one crypto trader marking a critical level to watch. What Happened: Crypto analyst DonAlt shared mixed views on Solana's recent breakout, describing it on X as "not the strongest" but noting that a breakout is still a positive sign.

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it. Now he's set to co-lead a D.O.G.E.

Elon Musk on Wednesday reaffirmed his support for Dogecoin's (CRYPTO: DOGE) inflation model, labeling its flat inflation rate as a "feature, not a bug." What HappenedL The conversation emerged after Dogecoin co-creator Shibetoshi Nakamoto (Billy Markus) pointed out the technical possibility of removing Dogecoin's inflation by altering a line of code on its GitHub repository.

The PayPal USD (PYUSD) stablecoin now uses LayerZero's Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions for both users and businesses, the companies said in a Tuesday (Nov. 12) press release.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The ongoing crypto buying spree is showing no signs of slowing down. Dogecoin (DOGE) and Shiba Inu (SHIB) have continued their impressive rallies, gaining 82% and 65%, respectively, in the past week. This momentum has spilled to PropiChain (PCHAIN), a real-world asset (RWA) that secured a CoinMarketCap listing.

Musk's support for Dogecoin's inflationary model may enhance its role as a practical currency, influencing broader crypto adoption trends. The post Elon Musk defends Dogecoin's inflationary model appeared first on Crypto Briefing.

Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.

TL;DR Peanut the Squirrel (PNUT) and FRED, two animal-inspired memecoins, have seen spectacular increases, reaching valuations of $1.73 billion and $169 million. Pepe (PEPE) has recorded a 120% growth in the last week, driven by its inclusion in major exchanges like Robinhood and Coinbase.

Charles Hoskinson and Brad Garlinghouse let bygones be bygones, stirring speculation of a Cardano-Ripple tie-in.

Max, the founder and Chief Executive Officer (CEO) of Because BTC, a crypto-focused company, has just disclosed that he has sold off his Dogecoin (DOGE) holdings to buy Pepe tokens. This surprising news comes amid a significant decline in the Dogecoin price, which has fallen 9.8% from its previous high.

U.S. DOJ wants to seize $16 million in crypto from an FTX account, allegedly related to bribes.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

Donald Trump has emerged in a historic comeback after winning the 2024 U.S. presidential contest, which has rocked financial markets and given fresh life to the cryptocurrency area. Major swing states pointing in Trump's favor, his triumph is seen by investors as a sign of market optimism and stability.

Cardano's native token ADA has performed exceptionally well in the past few days despite struggling as one of 2024's worst-performing cryptocurrencies.

Spirit Blockchain Capital appears to be positioning itself as a significant player in the Dogecoin (CRYPTO: DOGE) ecosystem, with CEO Lewis Bateman likening the company's strategy to MicroStrategy's high-profile Bitcoin acquisitions. What Happened: Announced in October and further detailed last week, Spirit's acquisition of Dogecoin Holdings is part of a broader vision that goes beyond using Dogecoin as a simple treasury asset.

Dogecoin co-founder Billy Markus has revealed how to make DOGE deflationary. The foremost meme coin's total supply is unlimited, as it has a fixed yearly issuance of 5 billion coins, which could ultimately impact its value over time.