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The crypto currency market witnessed recovery over the weekend. Even though most assets started July 2024 on a bad note, they might be trying to end it on a rather good one. Bitcoin [BTC] was seen trying to hike above the $60,000 level. At press time, the king coin was trading at $59,880 with a 3% surge over the day. Amidst this volatility, a prominent crypto currency analyst Sheldon The Sniper urged the market to purchase three specific crypto currencies before it is too late. On his YouTube channel, the analyst listed a few assets that he thought would be a good idea to buy. He even said that given his belief that the bottom is almost in, now may be a good moment to start purchasing these tokens. crypto currencies-to-buy-this-altcoin-season">Cryptocurrencies To Buy This Altcoin Season Dogecoin [DOGE] – Elon Musk’s favorite crypto currency recorded a major dip throughout the month. But the meme coin was turning things around with a 5% daily surge. At press time, DOGE was ...

Following the upcoming approval of spot Ethereum ETFs, many experts predict that Dogecoin , Solana , and XRP are next in line. Three of the biggest cryptocurrencies on the market in terms of popularity, DOGE; SOL; and XRP would benefit greatly from being available to trade on the stock market. Recently, Ripple Labs’ president and CEO both made their case for a Ripple XRP ETF, with the CEO saying that multiple other coins are inevitably going to get their ETFs too. “People don’t want just exposure to one commodity,” Garlinghouse said in an interview with Fox Business . He added that it “only makes sense” to add more commodities to the market to give investors more options to trade. Therefore, XRP could be a new competitor to ETH and BTC ETFs on the market, as well as Solana and DOGE. If the SEC works its way through the top cryptocurrencies by market cap, BNB would be the logical contender. However, there is a growing likelihood that XRP, DOGE, and SOL will be favored more...

A candidate for the head of Ukraine’s anti- corruption agency appears to be DOGE and LUNC holder , according to an official declaration. Kateryna Kapliuk, a former journalist at Ukrainska Pravda and current candidate for the head of Ukraine’s National Agency on Corruption Prevention (NACP), disclosed in her declaration she had acquired over 30 altcoins during her tenure at the agency. According to the document, Kapliuk, who joined NACP in 2020 as an advisor to NAPC Chairman Alexander Novikov, was buying multiple cryptocurrencies until mid-2022, with a total sum of 127,165 UAH (approximately $4,778). While it remains uncertain if Kapliuk still holds mentioned in the document cryptocurrencies, the declaration indicates purchases of over 19.3 million SHIB tokens, more than 39.7 billion DOGE tokens, and slightly over 0.01 BTC, among other altcoins like DASH, ZEN and BTT, were made in 2021 only. Except for 0.007 BTC, all the tokens were held on Binance, as per the declara...

The United Launch Alliance has launched its first Vulcan Centaur rocket earlier today. The rocket is carrying the Peregrine lunar lander, a part of NASA’s Commercial Lunar Payload Services plan. However, the lander is not the only cargo the Vulcan Centaur rocket carries. In its payload is a replica of a Dogecoin (DOGE) coin. The Dogecoin Foundation confirmed the development via a post on X. Also Read: How Much Dogecoin is Needed to Be a Millionaire if it Hits $1? United Launch Alliance (@ulalaunch) will launch their first Vulcan Centaur rocket in a few hours. The rocket will carry the @astrobotic Peregrine lunar lander, as part of NASA's Commercial Lunar Payload Services initiative, and the @NASAArtemis program. This will be on board! 🧵 pic.twitter.com/GyUaPikTlU — Dogecoin Foundation (@DogecoinFdn) January 8, 2024 At the same time, popular crypto exchange BitMex, with founder Arthur Hayes, had also expressed interest in sending a Bitcoin (BTC) repli...

Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000. Bitcoin (BTC) is trying to sustain above the overhead resistance of $38,000 for the second consecutive day and start the next leg of the uptrend. The excitement among market observers may have increased after the United States Securities and Exchange Commission (SEC) delayed its decision on the applications of Franklin Templeton and Hashdex exchange-traded funds. Bloomberg ETF analyst James Seyffart speculated in a X (formerly Twitter) post that the SEC may have taken this step “to line every applicant up for potential approval by the Jan. 10, 2024 deadline.” While many analysts believe that the ETF listing will be a watershed moment for Bitcoin, Genesis Trading head of derivatives Joshua Lim cautioned in a X post that traditional finance investors have already bought the rumor and may exit the trade close to the ETF announcem...

Meme coins have held a significant position within the crypto currency landscape. From the OG Dogecoin [DOGE] to Shiba Inu [SHIB] and Pepe Coin [PEPE], these assets have gained widespread recognition. Nonetheless, the once flourishing meme coin market has faced a setback as its overall value experienced a decline. Analysis of data indicates a substantial decrease in the meme coin market’s value, with a loss exceeding $3 billion since the onset of 2023. Dogecoin , Shiba Inu, and PEPE have been dominating the meme coin sector for the longest time, but now appear to be crashing. The notable decline can be primarily attributed to the reduced market capitalization of these leading meme coins. Leading the decline: Dogecoin and Shiba Inu Dogecoin also holds the position of the tenth-largest crypto currency in terms of overall market capitalization. At the beginning of 2023, DOGE boasted a market cap of $10.83 billion. However, its current market capitalization has dwindled to $8.4...

Networks that allow staking implement a Proof of Stake [PoS] consensus mechanism. At the moment, investors can stake several assets, including Ethereum, Cardano, MATIC, Solana, BNB, Tron, Polkadot, Cosmos, Avalanche, etc. According to Staking Rewards, the annual rewards vary in the 2% to 20% bracket for the top 10 assets [by staking market cap]. Dogecoin uses the Proof of Work consensus mechanism to validate transactions on its blockchain. As a result, this asset cannot be staked in the traditional decentralized way. Marshall Hayner, CEO at Metallicus and Co-Founder of FBBT Holdings, recently posted a poll on X [formerly Twitter] asking users if they would stake Dogecoin if that option was available to them. Among the 2,200 people who voted, 60.1% were not in favor of DOGE staking. If Dogecoin was stakeable, would you stake it? $DOGE 🐕 — Marshall Hayner (@MarshallHayner) August 20, 2023 Also Read: Here’s How Litecoin Provides Security to the Dogecoin ...

The cryptocurrency industry is currently witnessing a surge of new tokens entering the market. Among them, BRC-20, DRC-20, and LTC-20 tokens have garnered significant attention. While some believe that it’s a fad, a few others have been criticizing them for congestion the network. However, these tokens have also caused disruptions within the ecosystem. Notably, Dogecoin and Litecoin networks have experienced a noticeable rise in activity as a result. The transaction count of Dogecoin has been consistently increasing, reaching a peak of 1.3 million transactions on the network. This surge indicated a substantial rise in the number of transactions being processed within the Dogecoin ecosystem. Source Additionally, the transaction transfer count also spiked over the last week. While all of this indicated raised activity in the DOGE ecosystem, it wasn’t perceived to be positive. Several pointed out how this increase was due to the introduction of DRC-20 tokens on May 9. The meme coin ...

The entire crypto currency market has been encountering increased volatility. With Bitcoin [BTC] dipping below $30K, other assets failed to retain their recently achieved highs. Meme coins succumbed to the ongoing downtrend which further pushed Dogecoin [DOGE] below $0.080. Adding more uncertainty was significant whale movements in the DOGE market. According to recent data, a whopping 151 million DOGE walked out of the world’s largest crypto currency exchange Binance. This substantial amount of DOGE was reportedly transferred to an unknown wallet. 151,605,154 #DOGE (12,094,316 USD) transferred from #Binance to unknown wallethttps://t.co/utsp2PvtbO — Whale Alert (@whale_alert) April 23, 2023 The movement of this amount certainly entails the capacity to have an impact on the market. However, this transaction seems to be nothing but internal wallet reshuffling. Similar transactions have occurred throughout the weekend where Dogecoin was being moved out of Binance to unknow...

The crypto market corrected on news of the CFTC suing Binance and its CEO Changpeng Zhao, but technical charts reveal a silver lining. The news and events related to the banking crisis in the United States and Europe have led to a rotation of funds into investments considered less risky. According to the Financial Times, the U.S. money market funds in March witnessed an inflow of $286 billion.  Along with money market funds, a portion of the money may also have seeped into the crypto industry. The increased demand could be one of the reasons for Bitcoin’s (BTC) strong performance in March. The big question in crypto investors’ minds is whether the recovery will continue or if it is time to book profits in Bitcoin. Daily cryptocurrency market performance. Source: Coin360 Bitcoin hodlers seem to be confident in the long-term story and are not getting lured into selling their holdings after the recent rally. According to Glassnode data, the percent of Bitcoin supply that has remained do...