Dogecoin (DOGE) is potentially at risk of losing critical support if the price falls from the ascending channel traded in for the last 53 days. Although technical analysis is not an exact science, a daily close below $0.26 will likely invalidate the current movement. Aside from the Bitcoin-driven headwinds, which are weighing on DOGE price, this week, the meme token underwent a software upgrade and users were requested to implement version 1.14.5. Two important security patches were involved: "Remote Code Execution in Dogecoin QT" (CVE-2021-3401) and "Sensitive Information Exposure on Unix platforms" (CVE-2019-15947). The latest release finalized a new minimum …

A dog that once gained popularity as a meme with broken English has since evolved into an entire movement for the people. While many consider these currencies for their innovation and investment opportunities, technology is only really good if it makes life easier and contributes to making the world a better place. By using the popularity of memes, along with real utility and charitability, comes power and opportunity to those once considered the underdogs. As a result, the dog pack is operating full steam ahead, with what might be a new leader. Branded as a “movement token,” FLOKI aims to …

Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion. Musk sold the shares at an average price of around $1,170, locking in almost 180% in gains in prices over the past year. It is just the third time Musk has sold company stock since Tesla went public on the Nasdaq in 2010, and it is his largest transaction. The filings show that Musk planned to sell …

DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem Unizen and DeFi incubator ZenX announced Wednesday that they are in the process of building and launching DOGE-1, a 40-kilogram — roughly 88 pounds — cubesat that will provide a new use case for cryptocurrencies. The cubesat will travel to a “stable lunar orbit” in order to obtain lunar-spatial intelligence from sensors and cameras that will be sent back to GEC for analysis. The cubesat …

Bitcoin (BTC) held $65,000 during Nov. 8 as major gains seemed unfazed by Tesla (TSLA) stock losing 5% at the Wall Street open. Bitcoin beats Tesla by market cap Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around $900 at $65,500 after hitting highs of $66,433 on Bitstamp. Overnight success was tapered by news that Tesla CEO Elon Musk would sell 10% of his Tesla holdings worth around $23 billion — simply because Twitter users voted for him to do so. Markets reacted cautiously, with TSLA initially opening at $1,150 after closing Friday at $1,221 before a modest …

Bitcoin (BTC) fan, Tesla CEO and world's richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter tells Musk to sell $TSLA U.S. Treasury Secretary Janet Yellen caused a stir this year by arguing that the government should tax unrealized gains as part of a plan targeting "exceptionally rich" taxpayers. Bitcoin proponents immediately turned out against the proposal, as it implies calculations …

A so-called meme cryptocurrency named after Tesla and SpaceX CEO Elon Musk is rising in value, namely by a whopping 3,780% in October. Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday—its highest level since May 13—after opening the month at $0.00000005 (data from Poloniex). The massive upside move pushed Dogelon Mars' market cap from around $26 million on Oct. 1 to as high as $1.19 billion on Oct. 30, thus making MUSK the 92nd-largest cryptocurrency in the world by market capitalization. What launched ELON price to the moon? A major portion of ELON's October gains came from its performance …

The world faces "strong inflationary pressure" in the short term and it may persist, warns the world's richest man. In a debate about inflation, some of the best-known names in Bitcoin voiced unanimous doubts about the state of global monetary policy. Future of inflation great unknown, says Musk As even the United States Federal Reserve admits that inflation may be here to stay, the topic has become especially perrtinent for Bitcoiners given the cryptocurrency's intrinsically deflationary characteristics. For Musk, who remains cool when it comes to Bitcoin as a "magic pill" for fiat currency's ills, inflation is no less of …

Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” suggesting Tesla is eying resuming support purchases made using digital assets. The company also expressed its long-term belief in crypto assets as a store of value and means of payment, stating: “We believe in the long term potential of digital assets both as an investment and also …

The price of Bitcoin (BTC) hurtled toward $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind. Bitcoin daily gains near 7% Data from Cointelegraph Markets Pro and TradingView confirmed solid 6.5% gains for BTC/USD in the 24 hours leading up to 4:00 pm UTC on Oct. 25. The pair erased its previous losses, which arrived as part of a comedown from new all-time highs seen last week. As has become customary this month, Bitcoin began rising into the start of trading on United States stock markets, with $64,000 being the next …

Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20 coin, suffered a 20% retracement in two hours as Tesla founder and hypothetical DOGE CEO Elon Musk announced to Twitter that he doesn’t hold any Shiba Inu tokens. The retracement came after SHIB surged past its previous all-time high to tag a local top of $0.000044 on Sunday following a more-than-500% rally since the start of October. Amid the token’s bullish price action, Twitter user ShibaInuHodler asked Musk how much SHIB he was holding, to which Musk responded, “None.” Hey @elonmusk How Much $Shib You Are Holding!! — Shiba Inu (@ShibaInuHodler) October …

Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB/USD trading pair was valued highest at $0.00003941 during press time. The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which helped the cryptocurrency’s value rally by more than 26%. Since Oct. 17, SHIB maintained week-long support at roughly $0.00002796 before resuming to bull run to its all-time high. In the last seven days, Shiba Inu’s market value surged over 50% and currently stands as the …