DOGE
Dogecoin Rises Over 15% This Week as Bitcoin's Rally Revives Risk-Taking
Bitcoin's (BTC) recent rapid rally has revived risk-taking in the crypto market, spurring investors to pour money into non-serious cryptocurrencies like dogecoin (DOGE), which was created as a joke 10 years ago. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Key Metric of Dogecoin Futures Jumps in Past 24 Hours
Trading interest in DOGE bets rose over 40% in the past 24 hours to reach the most since April. An increase in leveraged bets came after a 12% surge on Thursday as one company said it planned to send a physical Dogecoin token to the moon. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
PEPE Loses Nearly 80% of Its Value Since Peak in May
Meme coin PEPE fell 22% this week after losing nearly 80% of its value since its peak in May, according to CoinDesk Market Index data. This comes as data tracked by Velo Data shows that Dogecoin (DOGE) is sluggish this year as well, with most of the bearish pressure coming during European hours. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
DOGE Rally Sustained by Traders in Korea: Analyst
Dogecoin (DOGE) surged more than 35% after Elon Musk's Twitter replaced the social-media platform's blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. The Tie co-founder and CEO Joshua Frank breaks down the geographical drivers behind DOGE, saying, "the rally was certainly sustained by traders in Korea." More broadly, Frank added that "Asian hours and European hours traders are really moving the crypto markets."
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
Ether (ETH), the native token of Ethereum's blockchain, rose to an eight-month high on Tuesday, outshining market leader bitcoin (BTC), as U.S. stock futures traded higher while the dollar index dipped. Separately, Dogecoin (DOGE) surged on Elon Musk's Twitter logo change. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Dogecoin Soars After Twitter Replaces Blue Bird Logo With the Token's Dog
Dogecoin (DOGE) is climbing after Elon Musk's Twitter replaced the social-media platform's blue bird logo with the cryptocurrency's iconic Shiba Inu dog. The Tie co-founder and CEO Joshua Frank discusses Musk's impact on DOGE prices and the token's geographic distribution. Plus, insights on the latest ether (ETH) rally.
Dogecoin Climbs After Elon Musk Tweets Photo of His Dog in Twitter CEO Chair
Meme tokens dogecoin (DOGE) and Floki Inu (FLOKI), named after Elon Musk's shiba inu, are soaring after Twitter CEO tweeted a photo of his dog in the CEO chair. eToro Investment Analyst Callie Cox weighs in on this speculation, warning investors to "be careful."
Bitcoin Jumps Back Above $22.5K After CPI Report
Bitcoin climbed back above $22,500 as crypto traders reacted to the Consumer Price Index (CPI) rising 0.5 percent in January. eToro Investment Analyst Callie Cox discusses how the inflation data could impact risk assets and Federal Reserve's upcoming interest rate decisions. Plus, insights on DOGE soaring after Twitter CEO Elon Musk posted a meme involving his dog Floki.
Elon Musk Tweets Photo of His Dog as 'New CEO of Twitter,' Dogecoin Jumps
CoinDesk data shows that the price of DOGE has risen over the past 24 hours after Twitter CEO Elon Musk posted a photo joking about his dog Floki as the new boss of Twitter. Musk replaced Parag Agrawal as CEO of Twitter when his acquisition deal for the social networking platform closed on Oct. 27.
