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Dogecoin
DOJ Attorneys Ask for Time to Process Evidence Against Celsius Founder; Dogecoin Jumps Again
"CoinDesk Daily" breaks down the top crypto headlines of the day, including why dogecoin (DOGE) is rising for the second straight day. Attorneys for the U.S. Department of Justice (DOJ) ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky. Binance plans to ask a court to dismiss the U.S. Commodity Futures Trading Commission’s (CFTC) suit against it. And, KuCoin responds to recent speculation surrounding layoffs.
Dogecoin Jumps Amid Hopes Token Plays Larger Role in X Platform Rebrand
Dogecoin (DOGE) rose for the second straight day as speculations of the memecoin playing a bigger role on the newly-rebranded X platform, fuelled the rally. Futures traders lost nearly $10 million betting on and against dogecoin’s price movements, Coinglass data shows. "The Hash" panel discusses the latest price action in the meme economy.
2024 Is Shaping Up to Be a 'Good Year' for Bitcoin: Galaxy Asset Management Head
Bitcoin is hovering around $29,000 as traders await another key interest rate decision from the U.S. Federal Reserve. Galaxy global head of asset management Steve Kurz discusses what to expect from the Fed and the implications for the crypto markets. Plus, Kurz's take on how dogecoin (DOGE) is performing amid excitement about Twitter's new look.
Dogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M
Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday.
Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
“CoinDesk Daily” host Jennifer Sanasie breaks down today’s hottest headlines in crypto, as the Nasdaq halts its plans for a crypto custody service. Presidential hopeful Robert F. Kennedy Jr. wants to exempt bitcoin (BTC) from capital gains taxes when it is converted into U.S. dollars. And, Tesla CEO Elon Musk tweets about his fondness for a popular dog-themed cryptocurrency.
Dogecoin Pops 4% on Elon Musk Tweet
The Tesla CEO and Twitter owner has been known on occasion to playfully talk about his fondness for the memecoin.
Hong Kong's Crypto Plans; Dogecoin Volatility Explosion Ahead?
Hong Kong's Securities and Futures Commission (SFC) has started accepting applications for crypto trading platform licenses. Separately, U.S. Sen. Elizabeth Warren (D-Mass.) is calling for a crackdown on the use of crypto in the Chinese fentanyl trade. And, a technical analysis indicator called Bollinger bandwidth suggests dogecoin (DOGE) could be due for a pronounced move. CoinDesk's Jennifer Sanasie and The TIE Director of Content Lawrence Lewitinn break down some of the most-searched stories impacting the crypto sector this week.
Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.
Elon Musk Advises Traders to Not 'Bet the Farm on Dogecoin'
Tesla CEO Elon Musk spoke virtually at The Wall Street Journal's CEO Council Summit in London, with the news outlet reporting the billionaire said he's "not advising anyone to buy crypto or bet the farm on dogecoin." "The Hash" panel shares their reactions to Musk's latest comments.
U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood
ARK Invest founder Cathie Wood recently said at a conference that the U.S. is 'losing' the bitcoin movement owing to its regulatory system. "The Hash" panel discusses the state of crypto in the country amid increasing pressure from the regulators. Plus, insights on Tesla CEO Elon Musk advising investors to not "bet the farm on Dogecoin."