Cryptocurrency markets are up amid growing market optimism, with significant inflows into Bitcoin ETFs during President Trump's first week in office and Metaplanet setting a goal of acquiring 10,000 BTC by the end of 2025.
Data from CoinGlass shows that open interest on the original meme coin now stands at nearly $3.8 billion. It hit a record high of $5.5 billion on January 17. Open interest refers to the collective value of futures contracts that have not yet been settled by traders.
That's not confirmed, but it's the fear of the market today and fear and uncertainty aren't things the market likes. Tech has fueled a lot of the market's gains over the past two years so it's no surprise it will fuel its fall as well.
Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock exchange.
Another day, another cryptocurrency rally for investors to talk about. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are among the three megacap crypto tokens on the move higher today.
Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.
Dogecoin fell hard on Monday, dropping below $0.31 as Bitcoin, Solana, and other coins echoed the stock market's dive.
Dogecoin and Shiba Inu dropped around 10% in a single day amid bearish sentiment across the crypto market. Traders highlight buying opportunities for DOGE and critical support zones for SHIB. Trader Notes: Crypto trader Ali Martinez pointed to a buy signal for Dogecoin on the daily chart, anticipating a potential price rebound.
Cryptocurrencies, including Dogecoin, Bitcoin and XRP, are experiencing a significant rebound after a sharp decline on Monday.
If an S-1 form is officially lodged, Bitwise will join Osprey Funds and Rex Shares, who just filed for several cryptocurrency ETFs on Tuesday. Among those are the ones tracking Dogecoin and Official Trump (TRUMP), President Donald Trump’s memecoin.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.
Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are among the three megacap crypto tokens on the move higher today. As of 2 p.m. ET, these three tokens have surged 3.6% ...