Crypto Long & Short: What Does Dogecoin Have to Do With Government Bans?
The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely.
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Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. Stan Druckenmiller on Dogecoin and Ether In an interview with The Hustle last week, famed investor Stanley Druckenmiller shared his thoughts on bitcoin, ether, and dogecoin, the meme cryptocurrency that has recently taken the market by storm. Druckenmiller founded Duquesne Capital in 1981. He managed money for George Soros as the lead....
Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.
Binance’s top traders are leaning more aggressively toward the long side in Dogecoin, even as broader price action remains muted. Data shared by CryptoQuant verified author CW on a 4-hour basis, along with an additional 24-hour Coinglass snapshot reviewed for NewsBTC, points to the same underlying trend: large traders on Binance are building bullish exposure to DOGE. CW framed the move in simple terms: “Amidst the current sluggish trend, Binance top traders are increasing their long positions on DOGE. They are quietly increasing their bets on a rise in DOGE.” The charts back that up. On....
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. Iranian Authorities to Review IBA Dealings With Crypto Exchanges The Iranian government has moved this week to block activities of the Iran Blockchain Association, the Financial Tribune business daily reported on Sunday. The Ministry of Interior banned the prominent crypto industry....
Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its first golden cross in four years, making this an important development for the meme coin’s price. Dogecoin Analyst Points out Golden Cross Dogecoin analyst Kevin Capital on X (formerly Twitter) has highlighted an important formation on the Dogecoin chart. According to the crypto analyst,....