Tag: Dogecoin

Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play

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Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead?  On the daily chart, the DOGE/BTC pair reached 331 sats, up 4.75% compared to the previous day’s low of 316 sats. The bounce occurred around a multi-month descending trendline, which has capped the pair’s downside moves since November 2022. DOGE/BTC daily price chart. Source: TradingView DOGE price vs. BTC Interestingly, the DOGE/BTC descending trendline appears part of…

Shiba Inu (SHIB) Burn Rate Explodes Nearly 8,000% As Dogecoin Rival Gets Surprise Listing from Major Exchange

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Shiba Inu’s rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange. According to Shibburn, which keeps track of SHIB burning, the burn rate suddenly exploded 7,900% on Friday as 43 million tokens were burned in a single day. “HOURLY SHIB UPDATE SHIB Price: $0.00001137 (1hr 0.13% ? | 24hr -5.18% ? ) Market Cap: $6,699,607,943 (-5.47% ?) Total Supply: 589,614,707,812,657 TOKENS BURNT Past 24Hrs: 43,192,603 (7909.09% ?) Past 7 Days: 148,357,592 (-19.8% ?)” At time of writing, over…

Bitcoin Mining to Go Obsolete?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano founder Charles Hoskinson believes that Bitcoin mining should be stopped and that all existing units of the assets should be converted into wrapped Bitcoin. Why is that? According to Hoskinson, if Bitcoin’s network is shut down, it can continue to exist as wrapped Bitcoin on other networks. In his view, the industry would not need the proof-of-work consensus mechanism because it is the “gold mine” to get the asset. The Cardano founder highlighted that Bitcoin’s “gold mine” consumes a lot of…

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Shiba Inu and Dogecoin Rival That’s Exploded 520% This Year Finds More Momentum Ahead of Major Exchange Listing

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A rival of dog-themed crypto assets Shiba Inu (SHIB) and Dogecoin (DOGE) is continuing to surge after being listed on a major crypto exchange. In a new update, the team behind the crypto project Floki (FLOKI) announces that the meme asset is going to be listed by Kucoin, a prominent crypto exchange platform. “The people’s exchange has listed the people’s cryptocurrency! FLOKI is now live on the Kucoin exchange. This is MASSIVE and one of FLOKI’s biggest exchange listings, introducing Floki and our utility to 27 million users in 207…

Terra Luna Classic (LUNC) News Today | Bitcoin News Today | Crypto Currecies News Today Bangla

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we discuss about bitcoin effect the price of large cap altcoins. Cardano beat Dogecoin on coinmarket cap ranking. Today’s Video Is alos About Terra Luna Classic (LUNC) News Today , Lunc Is one of the best Crypto among many Currecies. This crypto News Today in Bangla in our CRYPTO NABA CHANNEL. About this channel:- Crypto Naba is a cryptocurrency news channel which provide audiences daily cryptocurrency news in Bengali. It is fully news and information based channel. This channel is not…

Shiba Inu price rebounds 100% after record lows against Dogecoin — More upside ahead?

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Shiba Inu (SHIB) price was at the lowest versus its top rival Dogecoin (DOGE) in November 2022. Three months later, the dynamics have flipped.  SHIB price rises 100% versus DOGE On Feb. 4, 2023, the SHIB/DOGE pair reached 0.00001638 DOGE, up almost 100% three months after bottoming out at 0.00000993 DOGE, its lowest level on record. SHIB/DOGE daily price chart. Source: TradingView The sharp recovery came as investors’ focus shifted to the impending launch of Shibarium, a Shiba Inu-backed layer-2 blockchain built on the Ethereum mainnet, announced on Jan. 16.…

Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

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There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS).  Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not. But I love the “what if” game. As a person who works in the crypto mining industry, I do my best to gauge where the market and mining industry are going, along with how that could play out. If Dogecoin makes a change to PoS or some other change to how new blocks are created, it would have massive…

Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald’s Accepts Dogecoin – Featured Bitcoin News

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Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time. Elon Musk, McDonald’s, and Dogecoin Payments Tesla, Spacex, and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on Television if the fast food giant starts accepting payments in dogecoin (DOGE). It has been a year since the billionaire…

Dogecoin Price Ascent Slows, But Analysts Are Still Bullish About DOGE

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Dogecoin, the original memecoin of the crypto industry, has not seen a monumental rise in price unlike other altcoins of late. According to CoinMarketCap, DOGE has only risen 5.56% in the past week with its biggest gains seen in the monthly time frame.  At its current market cap of $11.3 billion, the token is surpassed by other altcoins in terms of growth. However, DOGE still remains a dominant force in the world of memecoins as it has been for a long time.  DOGE Compared To Other Memecoins Compared to its…