Tag: Dogecoin

Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

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The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion.  Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210 in the opening trading hours on Monday, Bitcoin (BTC) price staged a 5.72% rally to hit an intraday high at $40,366 as news of Twitter’s sale spread across news outlets. BTC/USDT 1-day chart. Source: TradingView…

Dogecoin Jumps Back Into Top 10 After Musk Buying Twitter News

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With the crypto market on a bearish trend, Dogecoin lost its spot as one of the top coins slipping to 14th rank on CoinMarketCap. However, it quickly rose back into 10th place after the news break today that Elon Musk is buying Twitter. DOGE was out of the top 10 cryptos for a long but today’s rise has put the coin back into the top 10 cryptos by market cap.  DODE pumped on the news that Elon Musk was taking Twitter private. There has been a 20% increase in the…

Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps

Typically, investors reduce their exposure to speculative assets, such as stocks and cryptos, when faced with high uncertainty. So far this year, the S&P 500 is down about 12%, compared with a 17% decline in bitcoin (BTC). Meanwhile, gold, a traditional safe haven asset, is up 3% over the same period, albeit down 8% from its recent peak in March. Source

Dogecoin Surges Nearly 9% Amid Reports That Twitter Will Accept Musk’s Takeover Offer

“The speculation is that advertisers could be able to pay DOGE for ads and for other uses on Twitter,” Kryptomon Chief Marketing Officer Tomer Nuni explained to CoinDesk earlier this month. “We have seen the same happening when Tesla revealed the ability to pay for its goods with DOGE. So the speculation could be around Musk’s businesses and stakeholdings starting to accept crypto, as Tesla does.” Source

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Can Dogecoin Slide Further? Key Technical Levels To Keep An Eye On

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Dogecoin remains bearish at the time of writing as it just broke below its immediate price support line. Broader market weakness can be attributed to the price fall. Major market movers have displayed choppy price action. Over the last 24 hours, Dogecoin lost 2% and in the last week, it declined by 8%. The global cryptocurrency market cap was at $1.93 Trillion as there has been a decline of 0.2% in the last 24 hours. The meme coin has been facing tough resistance at its immediate price ceiling. Buyers have…

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Devs Send the First Dogecoin Transaction Without Internet via Radio Doge – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

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