Dogecoin shows strong signs of a breakout, but network activity holds the key.

In a Thursday interview with CNBC's Squawk Box, Securities and Exchange Commission (SEC) boss Gary Gensler reiterated that Bitcoin does not qualify as a security under his agency's regulatory purview.

Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.

The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.

Many stocks and digital assets rose today on China stimulus news and a positive outlook for the economy.

Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, stating they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.

As the cryptocurrency market continues to experience rapid change, investors are on high alert to identify the next breakout star. Among the contenders in the current bull cycle, ETFSwap (ETFS) is gaining momentum with its distinctive DeFi platform above Dogecoin (DOGE) and Shiba Inu (SHIB), regardless of their established status in the crypto market.

Dogecoin (DOGE) recently broke above a falling wedge pattern, which it had been trading within for several months. This type of breakout typically signals a potential upside reversal, hinting at a continued rally.

This week on the crypto market was marked by hearings in the U.S. Congress on the regulation of cryptocurrencies, where the head of the SEC, Gary Gensler, came under particular pressure. Among other things, the current chairman was called "the most destructive and lawless SEC chairman in history" due to his well-known policy of regulation by coercion and enforcement.

How did Billy Markus defend himself against rumors linking him to the creator of Bitcoin?

Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside.

After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery.

DOGE whales have been on a shopping spree lately.

Crypto analyst and trader Ali Martinez shared a Dogecoin graph provided by analytics company Santiment.

Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.

DOGE News: Market sentiments orbiting Dogecoin (DOGE) price appear to have taken a paradigm shift on Thursday, turning bullish against the backdrop of on-chain data and Elon Musk's comments. Crypto market analyst Ali Martinez revealed that Dogecoin whale accumulations soared remarkably in recent days as over 1.40 billion tokens were sacked.

Following the US Securities and Exchange Commission's settlement with TrueCoin and TrustToken, Curve Finance is considering cutting exposure to the stablecoin True USD (TUSD). Meanwhile, Bitcoin remains above $63k and a number of altcoins are seeing decent gains. Stacks (STX), Dogecoin (DOGE) and Ondo (ONDO) are among these coins.

An interesting development has been observed by cryptocurrency expert Ali Martinez in the Dogecoin market. He has shared his observation in his latest post on X. It seems that the DOGE market can expect a significant bullish momentum soon.

The market is beginning to see signs of life for Dogecoin as it recently broke through the crucial $0.111 resistance level. This is an important development because the $0.111 zone is a significant level, where 62,270 addresses held over 36 billion DOGE, which previously served as a formidable barrier.

The total meme coins' market cap led by Dogecoin and Shiba Inu rallied over 6 percent in the past 24 hours to hover at about 50 billion on Thursday.

The altcoin industry is gradually gaining bullish momentum as Bitcoin's (BTC) price struggles to rally beyond $65k despite the notable cash inflows through the US spot BTC ETFs. The crypto cash rotation will trigger a major altseason soon, with meme coins expected to reap the most benefits.

Dogecoin price is at a crucial point with a potential breakout in the works. The crypto markets have been recovering steadily of late, and Dogecoin and Shiba Inu coin prices show the highest gains in the top 20, according to Coingecko.

The cryptocurrency market is steady right now, with Bitcoin holding strong at around $63,000. Market experts are predicting that October will kick off a big bull run. They believe that memecoins might be some of the hottest coins to watch, potentially offering huge returns.

Whale activity spikes as Dogecoin stochastic RSI signals a possible short-term correction.

Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar. DOGE bulls are active near $0.1080 and might push it higher again.

Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.

Recent market dynamics suggest Dogecoin (DOGE), the Shiba Inu-inspired meme coin with the largest market cap, is on the verge of an epic breakout as the tailwind of what's shaping up to be a near global monetary easing cycle continues to thrust crypto markets higher.

Cryptocurrency markets are trading sideways as BlackRock leads total U.S. Spot Bitcoin ETF net inflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,252.75 -0.8% Ethereum (CRYPTO: ETH) $2,579.65 -2.2% Solana (CRYPTO: SOL) $150.04 -1.9% Dogecoin (CRYPTO: DOGE) $0.1095 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00001548 +5.3% Notable Statistics: IntoTheBlock data shows an increase of 11.5% in large transaction volume and a decrease of 5.1% in daily active addresses.

Few tokens have experienced the meteoric rise and fall as quickly as WYNN (CRYPTO: WYNN), a meme coin launched in January this year. Initially, WYNN surged to an all-time high (ATH) market cap of $85 million, driven in part by social media buzz and a reported indirect endorsement from artist Drake.

Dogecoin (DOGE) may be showing no momentum in terms of its price, but the sentiment is gradually shifting. The price consolidation is expected to continue for the short term, but numerous metrics are now signaling toward an impending Dogecoin price breakout.

Billy Markus criticizes the crypto industry, reveals past projects, and expresses skepticism about current tokens.

Dogecoin (DOGE) price has recently experienced notable price fluctuations. Over the past week, the cryptocurrency has seen a significant uptick in value, raising interest across various trading platforms.

Dogecoin's (CRYPTO: DOGE) 9.3% gains over the past week have renewed traders' calls for an uptrend of the languishing meme coin. What Happened: Crypto technical chart analyst Ali Martinez sees Dogecoin hovering around a bullish breakout but predicts a "potential short-term correction before the next move.

Back in 2014, Dogecoin emerged as a fun, unexpected contender in the crypto world, turning heads and creating a legacy few could have predicted. Fast forward to today, and Doge2014 is the next evolution of that legacy, offering an unprecedented opportunity for those ready to seize it.

Dogecoin (DOGE), the biggest meme coin in terms of market capitalization, is on the verge of one of the biggest price breakouts in history. While its price has remained stuck in an extended consolidation phase, certain bullish signals are emerging about the forthcoming price rally.

In recent tweets, Dogecoin cofounder Billy Markus, who goes by "Shibetoshi Nakomoto" on X, addressed speculation about his involvement with Bitcoin and other cryptocurrencies.

Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark.

Billy Markus, known on social media as Shibetoshi Nakamoto (a playful reference to the Bitcoin creator's pseudonym) who created the iconic meme cryptocurrency Dogecoin, has taken to the X platform to make it clear that he has no intention to work on any other crypto project ever.

The reduction of selling pressure by Dogecoin miners could propel the price of the crypto to new heights!

JPMorgan Chase CEO Jamie Dimon, known for his skepticism towards Bitcoin, has recently voiced his approval for Elon Musk's proposal to create a government efficiency commission. During an interview at the India Investor Summit, Dimon praised the initiative, emphasizing the importance of enhancing government accountability and operational competence.

Dogecoin is holding steady above $0.10 after a 12% jump following the recent Fed rate cut.

Dogecoin shows potential for price spike as miners hold and whale activity increases.

Dogecoin holders are working tirelessly to change the crypto's trajectory after previous weeks of stagnation and disinteresting price action. Notably, on-chain data suggests that large holders of Dogecoin are working on extending a promising price rally last week.

Despite Dogecoin and Shiba Inu experiencing a noticeable recovery in the past week following the Federal Reserve's decision on interest rates, their on-chain activities remain bearish. The meme coin market is currently struggling with reduced investor interest as the address counts for both Dogecoin and Shiba Inu continue to fall.

Cryptocurrency markets are trading relatively flat, with Bitcoin and Dogecoin holding on to the green zone while Ethereum is down. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,744.60 +0.44% Ethereum (CRYPTO: ETH) $2,638.27 -1.6% Solana (CRYPTO: SOL) $147.23 +2.1% Dogecoin (CRYPTO: DOGE) $0.1092 +1.7% Shiba Inu (CRYPTO: SHIB) $0.00001471 +1.09% Notable Statistics: IntoTheBlock data shows an increase of 86.9% in large transaction volume and a growth of 31.9% in daily active addresses.

Bulls have started to lose their position at the end of the day, according to CoinStats.

As central banks ease financial conditions globally, meme coins are once again in the spotlight.