Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
DOGE
New York Court Closes Down Coinseed for Unlawfully Handling Customers’ Funds
On September 13th, the New York Attorney General won a lawsuit against Coinseed. NYAG Letitia James ordered Coinseed to stop their operations for its improper dealings. The crypto exchange platform defrauded customers by converting their funds into Dogecoin without their consent. The Federal court instructed Coinseed to pay $3 million in fines for its illegal dealings. The company further emptied its bank accounts and issued unlicensed securities. Unfortunately, it is not the first time Coinseed has been on the wrong side of…
4 years ago
DOGE and ADA See Recovering Trends amid Tremendous BTC Price Run-up
Since the start of the week, the crypto market has seen some exciting price action, with yesterday's dramatic bitcoin rally catalyzing price surges across the board. Dogecoin (DOGE) and Cardano (ADA) have been the top beneficiaries of the recent bullish run that has seen the total crypto market add over $1 billion in 24 hours. The two popular altcoins have logged double-digit gains, with DOGE jumping 13% to break above $0.20. The meme coin is currently trading at $0.2023 as…
4 years ago
BTC Price Retreats below $30K, While ETH Could Tumble to $1,500
The price of bitcoin is trading well below the $30K support amid a broader crypto market retreat. The BTCUSD pair slipped as low as $29,300 on Tuesday morning, trading lower than it did at the start of 2021. The heavy losses now mean that the king coin has erased all the gains accumulated in this year's bull cycle, despite rising to lofty heights above $64K just three months ago. Many market participants are now exhibiting extreme fear after the latest…
4 years ago
Tesla’s CEO Brands BTC & ETH Slow, Declares DOGE as Superior
Tesla billionaire Elon Musk today criticized the scaling efforts of the two most popular cryptocurrencies, Bitcoin and Ethereum. Citing BTC and ETH's Limits He warned over their limitations, branding them as slow with high costs while claiming that the plans to upgrade dogecoin are superior. Musk said that the meme coin's upgrade plans to maximize the base layer transaction rates and minimize transaction costs have merit. However, the billionaire added that Crypto exchanges would act as a "de facto secondary…
4 years ago
Dogecoin Receives Core Updates From Developers
Popular meme token Dogecoin has just received its first update in several years, aiming to respond to the recent influx of users. This shows the growing enthusiasm around the meme coin, which shows no signs of waning. Minor update to Dogecoin blockchain The latest development was revealed on Reddit by a group of developers. The update named "Dogecoin 1.14.3 Core" is a minor change that includes significant performance improvement on its blockchain. The most notable change is an improvement in sync speed,…
4 years ago
Is Elon Musk Pro Bitcoin or Pro Dogecoin or Maybe He’s Just a Big Fan of Crypto?
Elon Musk, the Tesla CEO and the world's richest man, has reportedly removed the world's leading cryptocurrency from his Twitter profile. Musk added Bitcoin to his Twitter bio last week but is seemingly all over Dogecoin now. He dropped a couple of Dogecoin tweets, even terming it the people's coin, "Dogecoin is the people's cryptocurrency," he wrote. The SpaceX CEO wrote in a separate tweet: "No highs, no lows, Just Doge." The sudden support for Dogecoin has seen its price…
4 years ago
Crypto Market Recovers as Doge and Aave Make Big Gains
After a few days of bearish trend, the crypto market has rebounded in the past 24 hours of trading. This upsurge in price movement sees most of the top coins trading in green with a few in double digits profits. Bitcoin recovers towards $32,000 Bitcoin has not enjoyed the best of weeks as the leading coin is on a bearish trend. The price of BTC has struggled to make significant gains since it surpassed the $40,000 mark two weeks ago.…
4 years ago
The Best Crypto Wallets to Manage Your Dogecoin Holdings
Dogecoin (DOGE) is a meme cryptocurrency launched in 2013. The coin has turned a fun joke into an investment opportunity as it continues gaining widespread popularity in the crypto community. If you want to invest in DOGE, you need a safe wallet to store and manage your holdings. Here is a comprehensive guide to the best crypto wallets that offer you a secure and easy means to handle your DOGE holdings. Ledger Nano S/X (Hardware Wallet) One of the safest…
5 years ago
How to Mine Dogecoin (DOGE): A Complete Guide
Dogecoin was a joke created by Jackson Palmer and Billy Marcus in 2013. It was meant to mock altcoin by turning the internet doge meme into a cryptocurrency. Dogecoin's value was significantly low, but Elon Musk, Tesla's founder, tweeted about the cryptocurrency and the tweet went viral. It led to Dogecoin's value going up by 18.5% in less than an hour from $0.003052 to $0.003433. He has also replied to a sarcastic tweet, saying that he only sells Doge. He has…
5 years ago