After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

Bitcoin has always been the gold standard of crypto-currencies. As the first decentralized digital currency, Bitcoin attracted attention the world over, and became known for its use on darknet websites and in gambling. In 2013, when Bitcoin was experiencing its first wave of mainstream attention, another cryptocurrency. Dogecoin, rode on Satoshi Nakamoto’s invention’s coattails. Dogecoin quickly became one of the most popular digital currencies, but, after a price crash, the market cooled. In early 2016, Dogecoin increased 600% after two years of sideways price action. It turns out, the....

Last week, Dogecoin exploded with an 800% intraday move. On-chain data looking closely at daily active addresses, however, suggests that the pump and dump was almost entirely driven by Robinhood buyers. Here’s what this means for both sides of the coin. Dogecoin Reignites Retail Interest in Crypto After 800% Rally Dogecoin’s recent rally lived up […]

Dogecoin rallied by more than 85%, suggesting Wall Street Bet’s crypto wing may have decided that they weren’t done with DOGE yet. After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based cryptocurrency and find something else to invest in. The pump initially started when exchanges prevented retail traders from buying more GameStop and AMC stock on Jan.....

BTC-e has opened up USD/CNH, BTC/CNH, and LTC/CNH markets today. Withlooming PBOC action that would end Chinese Bitcoin exchange's access to domestic bank accounts, Chinese traders are undoubtedly looking for new exchanges to trade on. Along with Chinese RMB (CNH to BTC-e) trading comes RMB deposits, which are handled through an international bank. An international bank means that Chinese traders wishing to convert fiat to crypto through this route will be subject to the Chinese $50,000 annual limit. In fact, people are starting to realize that the PBOC's still shrouded notice to regional....

Design is an important aspect of human technology. Quality design eludes the Dogecoin community somewhat. This is something a group of developers have set out to fix. With Wheel of Doge they may well have a hit on their hands. Dogecoin has many unique attributes, making it ideal for the purpose of gaming. Not least of which is the fast confirmation times. The Dogecoin betting space is small but growing. It is still full of unoriginal Satoshi Dice clones and ugly sites that don’t seem worth time or trust. Wheel of Doge is changing all that. It is already proving popular. “Dogecoin has come....