Dogecoin Financial News

Dogecoin (DOGE), the cryptocurrency that powers the decentralized payments-focused Dogecoin blockchain, has slumped during Wednesday’s US trading hours. The sell pressure began after DOGE failed to break above its 21-Day Moving Average (DMA) in the mid-$0.070s, and after a failed attempt on Tuesday to retest the 200DMA around $0.079. Near-term price predictions have subsequently become more bearish.

The United States equities markets tumbled on March 15 after Saudi National Bank, Swiss Bank Credit Suisse’s largest investor, said it will not be able to provide any more funding to Credit Suisse due to regulatory limitations.

Riding on the popularity of Dogecoin and Shiba Inu, a new meme coin, Love Hate Inu, may become the most well-known token on the market. 

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cryptocurrency markets were trading higher in Monday's trade following a report of the US government's plans to safeguard all depositors at Silicon Valley Bank, Meanwhile, the global cryptocurrency market cap was trading higher around $1.02 trillion, rising 7.63% in the last 24 hours. Bitcoin (BTC) rose 9.24% to $22,462 whereas Ethereum (ETH) was above the $1,600 level. BTC volume stood at approximately $34.89 billion, rising 39.84% in the last 24 hours. «The crypto market cap is back above the $1 trillion mark and BTC has surged by over 8% in the last 24 hours and is trading above the $22,300 mark. The positive mood of the market is mainly due to the federal regulators hinting towards recovering Silicon Valley Bank’s customer deposits. The news has uplifted the investor sentiment with a promise of more liquidity in the market,» Shivam Thakral, CEO of BuyUcoin, said.

Tuesday, March 14th, 2023 – Love Hate Inu (LHINU), a meme coin that rewards users for voting, has gained significant popularity among early investors, having raised over $526,175 in a mere six-day period.

Over 280 blockchains are plagued by major vulnerabilities known as “Rab13s,” according to a report released yesterday by the blockchain security firm Halborn.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Three banks, Silvergate, Silicon Valley Bank and Signature collapsed within a span of a few days. That increased demand for United States government bonds, which sent the yield on the 2-year Treasury tumbling to 4.06%, a fall of 100 basis points since March 8.

Love Hate Inu is transforming the online survey sector by launching the first blockchain-powered voting platform. This project uses distributed ledger technology to record immutable results and incorporates crypto memes' potent community and social power.

Investors are delicately walking on eggshells following a series of events with the potential to alter the direction of the entire market for weeks—and possibly months. The largest meme coin by market capitalization bowed to the massive overhead pressure during the weekend.

In the meme coin ecosystem, Shiba Inu is the second most renowned joke cryptocurrency, only behind Dogecoin. Launched in August 2020, Shiba Inu scaled to worldwide acclaim in 2021 on the idea that it was a more advanced meme token than Dogecoin. 

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

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Friday March 10th, 2023 – Love Hate Inu (LHINU), a meme coin that rewards voting, has become immensely popular having raised more than $260,000 within a mere two-day period.

Bitcoin (BTC) led a sharp sell-off in the cryptocurrency markets on March 9 as the woes at Silvergate Bank and Silicon Valley Bank dented investor sentiment. 

cryptocurrency markets were trading in the red on Friday, with the crypto market cap declining over 6%. Bitcoin (BTC) fell 8.22% to $19,962 whereas Ethereum (ETH) was below the $1,450 level. BTC volume stood at approximately $35.99 billion, rising 65.73% in the last 24 hours. «The crypto market is feeling the heat from the collapse of pro-crypto Silvergate bank coupled with the hawkish stance taken by the US central bank. The contagion fears from the Silvergate fiasco are keeping the investors on their toes and the crypto community will closely watch the regulatory recourse around the same,» Shivam Thakral, CEO of BuyUcoin, said. Other top crypto tokens were also trading lower. Tron declined by over 12%. Litecoin, Shiba Inu, Solana and Dogecoin were also trading with losses. The global cryptocurrency market cap was trading lower around $934.23 billion, falling 6.29% in the last 24 hours. The total volume in DeFi is currently 5.03 billion, 7.6% of the total crypto market 24-hour volume. The volume of all stablecoins is now $60.73 billion, which is 91.83% of the total crypto market 24-hour volume.

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? 

Prominent meme coins like Dogecoin [DOGE] and Shiba Inu [SHIB] traded in the red as the FUD triggered by the collapse of the crypto-friendly bank, Silvergate, continued to engulf the broader cryptocurrency market.

cryptocurrency markets were trading mixed on Thursday after hawkish comments from Federal Reserve Chair Jerome Powell raised the possibility of further large rate hikes to tackle inflation. Bitcoin, Solana and Polygon were trading with cuts, whereas BNB, XRP and Shiba Inu were trading with gains. The global cryptocurrency market cap was trading lower around 996.91 billion, falling 0.93% in the last 24 hours. «The crypto market cap slipped below the $1 trillion mark as the US central bank sent strong signals about tackling inflation through strict monetary policies and rate hikes. Hawkish monetary policies may decrease the liquidity in the market in the coming weeks which may result in further price falls,» Shivam Thakral, CEO of BuyUcoin, said. “The dip in the prices will offer a buying opportunity to seasoned investors based on their risk appetite,” Thakral added.

Robbo AI is a crypto trading platform that claims to make Bitcoin and altcoin trading more profitable and easy by offering tools that traders can use to conduct trades quickly without paying much attention to market conditions. The platform claims to have an onboard ML-enabled mechanism for that purpose.