Analysis

President-elect Donald Trump has announced that Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy will lead DOGE department.

A robust market optimism has triggered a bullish run for Dogecoin as the dog-themed meme coin attracts notable price gains over many major cryptocurrency assets with an over 50% daily profit.

Dogecoin has skyrocketed over 200% in less than three weeks, riding the wave of Bitcoin’s recent record-breaking rally. As BTC surged to new all-time highs, the momentum carried over to altcoins, with Dogecoin leading the pack in aggressive gains.

The Dogecoin price is racing towards its next bullish target, as an analyst projects a rise to $15 for the number one meme coin.

The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst.

TradingKey - Since the U.S. election on November 5, Bitcoin, the largest cryptocurrency, has surged approximately 28%, reaching an all-time high of $89,884 in the early hours of Tuesday, Eastern Time.

Bitcoin (BTC) has been on an all-time-high (ATH) run following the election victory of the Republican US presidential candidate Donald Trump. 

A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market.

CoinShares, a leading crypto asset management firm, released its latest “Digital Asset Fund Flows Weekly Report,” highlighting a notable surge in investment inflows following the US elections.

Ethereum price started a fresh increase above the $3,120 resistance. ETH is showing positive signs but struggling to catch up Bitcoin’s momentum.

Solana (SOL) trades slightly lower on Tuesday after reaching a new yearly high of $224 on Monday, driven by a nearly 30% rally the previous week. The technical outlook suggests a bullish breakout pattern and continuation of the rally, with a target set for a new all-time high of $276. 

The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor.

Bitcoin has surpassed silver with a market cap of $1.756 trillion, securing its position as the world’s 8th largest asset, according to Companies Market Cap. The flip happened at least once this year, driven by continued positive sentiment around the spot exchange-traded funds (ETFs) in March.

Polymarket has a hot new pair – the bet on whether BTC reaches $100K.

An analyst has pointed out a historical Dogecoin pattern that could suggest DOGE might see a bull run to as high as $23 this time around.

Ethereum price started a fresh increase above the $2,750 resistance like Bitcoin. ETH was able to climb above the $2,880 and $3,000 resistance levels to move further into a positive zone.

XRP price remained supported above the $0.5250 level. It formed a base and started a fresh increase above $0.5550, but gains were limited compared to Bitcoin and Ethereum. There was a move above the $0.5850 and $0.6000 resistance levels.

The CEO of Apple, Tim Cook, told DealBook’s Sorkin that he had been holding Bitcoin for about three years.

Charles Hoskinson, the founder of Cardano, has revealed new insights into his potential involvement in shaping United States crypto policy during the ongoing transition period under President-elect Donald Trump.

Bitcoin has shattered its all-time highs once again, reaching a new peak of $79,780. This marks the fourth time in just five days that BTC has set a record high, firmly establishing a bullish phase that began when it broke its previous all-time high in March.