Analysis Crypto by Thebittimes.Com

Dogecoin is currently one of the most promising cryptocurrency tokens in the market. Doge has already been amped up, as it’s one of the tokens that Tesla chief Elon Musk openly talks about. With Musk officially connected with the White House through Doge, the token may soar to unprecedented highs, claiming a new ATH very soon. Also Read: Jim Cramer Talks About Bitcoin & Its Price Immediately Dips to $96,000 Dogecoin On The Verge Of Hitting $0.82 Source – CoinGape Dogecoin is currently sitting at $0.42, down 3% in the last 24 hours. The consistent ebb and flow in Doge’s price is due to Bitcoin’s volatile price levels. The king of cryptocurrencies has dipped a little in the past two days, stabilizing at $98K at press time. However, Doge is destined to scale high on the radar due to its close connectivity with Tesla chief Elon Musk. Now that Musk is ready to take over the DOGE department, the acronym hints at Doge’s expected price spike, which may continue for the l...

Elon Musk is all set to run the ambitious DOGE department with Vivek Ramaswamy. As Trump gears up to assume the presidential role, his pro-crypto stance, coupled with reviving the greenback surge, is giving rise to many speculative scenarios. One such development includes the rise of Dogecoin and how it can claim unprecedented new price highs if the market forces continue to favor its momentum. Also Read: Russia Legalizes Crypto Mining: How It Helps Evade Sanctions Can Dogecoin Become As Valuable As The Dollar Under Musk Trump Regime? In one of the earlier episodes of Saturday Night Live, Musk had announced how Dogecoin is as real as the US dollar, and that he prefers himself to be acknowledged as “Dogefather.” In that very interview, Musk shared how Doge initially started as a joke on an internet meme but now has taken over the market in a very “real way.” “#Dogecoin is about as real as the dollar.” – Elon Musk pic.twitter.com/Y2HDwgZVbS — dogegod (@_dogegod_) November 10, ...

Gary Gensler, the US SEC chair, will resign from his current position, marking a transformative change within the cryptocurrency sector. Gensler is often touted as a skeptic regarding the crypto domain, and his exit was one of the crucial agendas that the Trump regime wanted to execute from the get-go. Now that Gensler is out of the picture, XRP, the token that fought a massive legal feud with the US SEC, is free to conduct market proceedings, helping it claim its rightful place. Here’s how XRP may dominate the market under the Trump regime, favoring such crypto developments. Also Read: Ripple: AI Predicts How High Can XRP Spike Post Gensler’s Resignation XRP Bound To Soar High As Gensler Exits The Domain Source – Trackinsight XRP is in a position to claim a new ATH now that Gary Gensler is all set to step down from his position as the US SEC chair. This marks a celebratory phase for the token, as Gensler had accused XRP of being a security, an accusation that compelled XRP ...

China is spreading the de-dollarization agenda around the world and is pitching the Chinese yuan as the replacement currency for the US dollar. The de-dollarization initiative has become intense as the Communist country is on a world tour to spread the Chinese yuan. The Xi Jinping administration is convincing developing nations to cut ties with the US dollar and trade in the Chinese yuan instead. Also Read: De-Dollarization: 12 Countries Moving Away From the US Dollar Surprisingly, they have been successful in spreading the de-dollarization initiative to emerging economies. Countries like India, Russia, the UAE, Sri Lanka, Pakistan, the Philippines, Indonesia, Malaysia, Kenya, Nigeria, and other African countries have accepted the Chinese yuan for cross-border transactions sidelining the US dollar. Also Read: De-dollarization at Record Pace: 15% Decline in Dollar Share of Global Reserves Can the Chinese Yuan Uproot the US Dollar Through De-Dollarization? Source: iStock Analysts from le...

Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Bitcoin nears $100,000. Source: CoinMarketCap Data from CoinMarketCap shows Bitcoin hit a high of $99,500. The record comes after Bitcoin topped $98,000 yesterday, pushed along by the launch of ETF options earlier this week. The rally follows after Bitcoin dipped to $95,000 yesterday afternoon before rallying into the green. Taking to X, analyst Skew said: “Price did see a brief LTF dip before higher thereafter. Still seeing limit bids moving higher with underlying spot buyers ~ positive market signal,” adding: “A lot of aggregate spot supply around $100k. Price currently is chewing away at this supply, be...

Acurx‘s $1 million Bitcoin investment is a major shift in treasury handling. The Nasdaq-listed biotech firm is one of many companies investing in Bitcoin. This strategy matches a wider pattern of companies adapting to rising support and cryptocurrency market volatility. Source: Nasdaq Also Read: Top 3 Cryptocurrencies On The Verge Of New All-Time Highs Why Acurx’s $1M Bitcoin Investment Signals Major Trends in Corporate Cryptocurrency Adoption Strategic Treasury Management Acurx bitcoin investment followed market research. “As demand for Bitcoin grows, and so does its acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset for cash not needed over the next 12 to 18 months,” stated David P. Luci, President & CEO of Acurx. Acurx Bitcoin Investment Market Response and Corporate Bitcoin Strategy Companies investing in Bitcoin saw proof of success. Acurx shares rose 6.6% to $1.78 before the market opened. T...

The Mad price surged 70% in the last 24 hours to trade at $0.00003024 as of 11:53 p.m. EST on trading volume that soared 68% to $9.2 million. MAD Price Indicators Show A Sustained Bullish Rally The MAD/USD chart shows a strong bullish breakout after a prolonged sideways consolidation period within the $0.000010 level. This is evident from the sharp Mad price surge and increased volume near the right-hand side of the chart, according to data from GeckoTerminal . The sustained rally drove the price of Mad to trade well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish trend. Furthermore, the Relative Strength Index (RSI) is at 72, indicating that the asset is in the overbought zone. This typically suggests a potential pullback or cooling-off period in the near term, as the market may need to consolidate after such a rapid rise. The Moving Average Convergence Divergence (MACD) line (blue) is rapidly rising and well above the signal line (o...