Crypto news

Market sleuths (aka crypto analysts) are now excitedly pointing out that Dogecoin is showing signs of a Wyckoff Accumulation pattern. Say what now? It’s just a fancy way of saying that Dogecoin might be prepping for a major comeback. Some brave soul, Trader Tardigrade (yes, that’s a thing), thinks Doge may have hit the “spring” phase, which means it took a little dip and is now ready to spring back up! If all goes according to plan, DOGE could strut its way to $0.25 and maybe even further. 🦸‍♂️💪

A brand-new missive from the on-chain clerks at CryptoQuant suggests that if Bitcoin keeps sulking, we may have a negative feedback loop on our hands-darling, how deliciously ruinous. 💅

The financing, an odyssey into the capitalist jungle, was consummated through two-dollar producing ventures: firstly, a $36.2 million share sale involving a veritable swarm of approximately 6.32 million shares, each donning a price tag of $5.73. Secondly, a loan facility for $35 million sourced from the enigmatic BitGo Prime. Such dazzling financial gymnastics serve only to underscore our human capacity for financial acrobatics.

Despite the downward trend, $SHIB is still hanging on in the top 20 cryptocurrencies, showing potential signs of a rebound. Whether the whale-sized buys will turn this ship around remains to be seen… but don’t hold your breath (unless you’re into suspense). 🐋

That’s right, folks. The folks at the Ohio Board of Deposit were probably sipping a cream soda when they decided to make history by picking their very first cryptocurrency vendor. Now, any time you owe the state for something (ahem, Uber-like fines, obviously), you can pay in Bitcoin, like the cool kid on the block.

Dip buyers are swooping in like vultures at a buffet, so a rebound might be on the menu… if the market stops being a grumpy cat. 🐱

The proposed Bitwise Hyperliquid ETF would, in theory, hold actual HYPE tokens-because apparently, the financial world has decided that “backed by real assets” now includes digital confetti. The filing is about as detailed as a politician’s promise, omitting key details like which exchange it’ll trade on, the ticker symbol, or, you know, how much it’ll cost. Priorities, people!

Lorenzo Valente, Ark’s resident oracle, graced us with a video on X, where he revealed Ethereum’s current 13.5% slice of the crypto pie. Should this pie swell to $25 trillion in five years (a mere blink in crypto time), Ethereum might strut into the $28,000 arena. A price so lofty, it would make a Rothschild blush. 🎩