Dogecoin (DOGE) Sees 29% Surge as Bulls Target Sustained Momentum

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Dogecoin (DOGE) had a 29% surge over the past week. Its current price stands at $0.0708, solidifying its position as one of the top-performing coins in the top 10 by market capitalization. Some skeptics have doubted the staying power of DOGE’s recent gains. However, a notable analyst, Rekt Capital, sees the recent price spikes as a “moment of truth” for the meme-inspired cryptocurrency. In a tweet, Rekt Capital highlighted the

PEPE Loses 10% Amid SEC Crackdown on Binance

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The crypto market faced a sharp decline, with a 3.6% drop in total market capitalization, following the announcement of a new lawsuit by the United States Securities and Exchange Commission (SEC) against Binance, a prominent cryptocurrency exchange. In the lawsuit, the SEC alleges that Binance and its CEO, Changpeng Zhao, failed to comply with regulations by allowing U.S. users to access Binance.com, engaging in unregistered crypto offerings and sales, and

Atomic Wallet Compromised, $35 Million Worth of Crypto Stolen

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Atomic Wallet, a popular cryptocurrency wallet, was hacked on Saturday, resulting in the theft of millions of dollars worth of cryptocurrencies. The hack was first reported by users on Twitter, who said that their accounts had been compromised and that their funds had been stolen. Atomic Wallet confirmed the hack in a blog post, saying that “a small number of user accounts” had been compromised. The hackers were able to

Dogecoin Transactions Soar 8,220% in May

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The number of daily transactions on the Dogecoin network spiked by 8,220% in May, according to data from IntoTheBlock. Several factors contributed to the remarkable spike in daily transactions over Dogecoin. Firstly, the recent price rally of Dogecoin attracted renewed attention and engagement from crypto enthusiasts. The surge in value likely incentivized investors and traders to actively transact with the digital asset. Moreover, the launch of new Dogecoin-related projects and

Elon Musk: Don’t Invest All Your Money in Dogecoin

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Tesla CEO Elon Musk said he isn’t encouraging anyone to go heavily in on crypto, even dogecoin — despite his rampant love for the token. “I’m not advising anyone to buy crypto or bet the farm on Dogecoin,” said Musk, speaking virtually at The Wall Street Journal’s CEO Council Summit in London, according to the WSJ. Musk has had a long relationship with dogecoin, having promoted it on Saturday Night