The story between Dogecoin and Tesla has a new, somewhat unexpected development coming from Europe. A German taxi company that has only Tesla cars has enabled its customers to use DOGE to pay for their rides. CryptoPotato reached out to the firm, called Tesla Taxi Aschaffenburg, to check out why it went that doggy road,...Read More
One of the largest peer-to-peer cryptocurrency marketplaces, LocalBitcoins, has expanded its portfolio of available payment methods with the inclusion of Cardano (ADA), Dogecoin (ADA), Polkadot (DOT), Chainlink (LINK), and more. LocalBitcoins Adds More Crypto Payment Methods Founded in 2012, LocalBitcoins acts like a cryptocurrency peer-to-peer marketplace. The platform, based in Helsinki, Finland, facilitates over-the-counter trading...Read More
Barry Silbert, the Founder and CEO of Digital Currency Group, believes Dogecoin is not worth $37 billion and predicted a significant drop in its value to below $1 billion. Nevertheless, the former Grayscale CEO added that DOGE will “certainly” not go away due to its passionate community. DOGE is Not Worth $37B Despite seeing the...Read More
Cryptocurrencies and the hip hop industry continue to intertwine as famous rapper Meek Mill plans to expand his portfolio with Shiba Inu. This comes shortly after he purchased Bitcoin and Dogecoin. Meek Mill Plans to Buy Shiba Inu The skyrocketing popularity of meme coins, led by Dogecoin, caught the attention of multiple celebrities. The trend,...Read More
The price of Dogecoin jumped by 20% in minutes after another pro-tweet from Tesla’s CEO – Elon Musk. The billionaire posted a rather intriguing tweet that included a one-dollar bill and DOGE. In his latest pro-DOGE initiative on social media, Musk posted a picture with a text reading “cyberviking.” In the background, though, there’s a...Read More
The cryptocurrency market was collectively sent into a massive correction over the past week. Bitcoin’s price dropped below $40K, and all altcoins followed. Some, however, have retraced harder than others – Dogecoin copycats are bleeding out, and there are a few important things to consider coming out of this. Dogecoin Copycats Like SHIB Tumble Hard...Read More
Last week, Elon Musk and Tesla shocked the entire crypto industry following an announcement that the electric car company will no longer accept bitcoin payments for “environmental reasons.” A Hard Pill For Bitcoin Maximalists Giving its reasons, Tesla argued that Bitcoin mining operation requires massive energy consumption, which is generated from fossil fuel, especially coal,...Read More
The US-based cryptocurrency exchange Gemini announced it will grant its customers the opportunity to earn interest on Dogecoin. They can realize as much as 2.25% annual percentage yield (APY) on the meme coin. With this innovation, Gemini Earn now accounts for more than $2 billion in loans for its customers. DOGE Coming to Gemini The...Read More
Michael Saylor, co-founder, and CEO of the business analytics company MicroStrategy believes it is not wise to bequeath the trendy cryptocurrency Dogecoin to your grandchildren. In comparison, he outlined BTC’s potential and breached the significant differences between the primary cryptocurrency and the meme token. Saylor Warns About Dogecoin Investments In a recent interview, MicroStrategy’s leader...Read More
In what is set to be the largest and most high-profile DOGE transaction in history, SpaceX has accepted DOGE as payment from Geometric Energy Corporation to launch a Dogecoin-themed rocket to the moon (literally). Dogecoin To The Moon ‘To the moon’ is a common figure of speech in the cryptocurrency world denoting future price action...Read More
Reminiscent of the late 2017 ICO craze, a large number of new small-cap cryptocurrencies are gaining market caps in the millions of dollars – for seemingly no reason. Most of them appear to be forks of each other, promising great things but never really delivering and derive their value from hype alone. DOGE: The King...Read More
Mike Novogratz, in a research report, stated that Dogecoin is “the most honest shitcoin”, calling it a “store of value” for young people wishing to express a “little bit of a middle finger to the system”. Dogecoin’s Recent Price Action DOGE has entered a steep and stunning climb during the past few months, going from...Read More
The Dogecoin community is in mourning as Sporklin, a long-time developer who had supported the project since its early days, died today. Billy Marcus, creator and developer of the Dogecoin (DOGE) protocol announced the news on his Twitter account. She revealed that after an intense fight against cancer, Sporklin ended up losing the battle. Sporklin...Read More
The New York wine seller Acker, Merrall & Condit, or simply known as Acker, announced it now accepts digital currencies as a form of payment at its auctions and retail store. The company supports some of the most popular cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and Dogecoin. Acker Catches the Crypto Wave After the...Read More
It seemed somewhat inevitable that the hip hop legend Snoop Dogg will get involved with DogeDay on 4/20 (April 20th). The famous rapper posted a video that included Shiba Inu – the dog bread that inspired the meme coin – and thanked Elon Musk for providing him with a spacesuit for a trip to the...Read More
Latvia’s flag air carrier, airBaltic, has reaffirmed its pro-cryptocurrency approach by enabling customers to make bookings with other digital assets, including Ether (ETH), Dogecoin (DOGE0 and Bitcoin Cash (BCH). Those tokens have joined the list of four USD-pegged stablecoins and the first-ever cryptocurrency – Bitcoin. DOGE and ETH to Be Used for Air Travel AS...Read More
Dogecoin has become the center of attention of famous individuals once again. Mark Cuban said that his NBA team had become the largest DOGE merchant, Elon Musk made an electronic-god reference, while John McAfee used its growing popularity to defend his alleged pump and dump schemes. McAfee Touted DOGE Before Musk The love story between...Read More
The meme coin that exploded in popularity recently, Dogecoin, has reached another milestone as the Bitcoin ATM provider CoinFlip decided to list the token on 1,800 cryptocurrency ATMs in the United States. Dogecoin Coming to 1,800 ATMs Started as a joke digital token inspired by Shiba Inu, Dogecoin took the world by storm in the...Read More
The billionaire CEO of Tesla shocked the entire crypto community on Twitter with an enticing offer he presented to major DOGE holders in his most recent engagement. Too Much Concentration He noted that the only thing hindering Dogecoin from becoming the “official currency of the internet” is its high level of concentration among a few...Read More
Elon Musk, the latest billionaire to jump on the BTC bandwagon for his company, Tesla, has openly criticized a cryptocurrency wallet called Freewallet app. The executive lashed out on Twitter and urged digital asset investors to steer clear from wallets that don’t provide them with the private keys. Elon Musk’s Security Tip For Crypto Investors...Read More
What started as a joke coin has turned into a frenzy endorsed by the world’s richest man Elon Musk, the Winklevoss twins, Snoop Dogg, and numerous others. However, some crypto proponents have highlighted the risks and dangers of this Dogecoin interaction as the token’s market capitalization has exceeded $10 billion. Pro-Dogecoiners Led By Musk The...Read More
The US financial services company Robinhood continued with restricting its users from accessing its most popular products. After yesterday’s halt of GME stocks, the platform has suspended instant cryptocurrency buying, citing “extraordinary market conditions.” Robinhood’s Restrictions Reach Crypto Following the GameStop sage, in which the company’s stocks went parabolic driven by retail interest, Robinhood barred...Read More
After another day that reminded of the volatility in the cryptocurrency market, Binance has experienced technical difficulties that resulted in temporarily halting withdrawals. Nevertheless, the leading exchange reassured its customers that all funds are safe and later announced it had resolved the problem. CryptoPotato reported earlier that BTC, as well as most alternative coins, skyrocketed...Read More
The price for the popular meme coin, Dogecoin (DOGE), went flying today. The cryptocurrency skyrocketed by almost 90% in just a couple of hours after the ‘Chairman’ of the now popular Wall Street Bets group tweeted about it. About a couple of hours ago, the ‘Chairman’ of the popular Wall Street Bets group asked whether...Read More
Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year. The entirety of what we call DeFi is worth less...Read More
Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm. The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin. Bitcoin Chills On Friday The largest cryptocurrency by market cap has been...Read More
Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next? Twitter Hack Can’t Shake Bitcoin All eyes were on the...Read More
The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low. Altcoins And DeFi On The Rise The altcoin market indicates several impressive gainers throughout the past 24 hours. Above...Read More
It’s safe to say that July has been relatively dull for Bitcoin when it comes to price action. The major cryptocurrency spent the last week trading in a range between $9,100 and $9,400 without any major fluctuations. It’s also worth noting that legacy markets and Bitcoin’s price remain aggressively correlated. In fact, a lot of...Read More
Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary...Read More
