Dogecoin news

Bitcoin traded at $80,945 on Thursday, down 0.7% in 24 hours, pausing a rally that still saw it up 6.9% for the week. Dogecoin dropped 4.4%, leading losses among major cryptocurrencies, while Solana rose 6.1% on the week. The crypto pullback came as global equity markets hit records on optimism over a U.S.-Iran ceasefire proposal. Analysts noted bitcoin's next test is at its 200-day moving average around $83,300. Tether's market cap grew by $5.9 billion over the past 60 days, signaling new capital entering crypto. Meanwhile, Morgan Stanley hinted U.S. banks may eventually hold bitcoin, and Western Union launched a stablecoin on Solana.

Nasdaq-listed Shuttle Pharmaceutical Holdings agreed to acquire United Dogecoin in a merger backed by $11 million in PIPE financing, creating a publicly traded Dogecoin miner. The combined company plans to deploy 3,000 ElphaPex mining rigs within 60 days, targeting 1.5% of global Dogecoin mining capacity at 43,200 GH/s. United Dogecoin plans to mine and hold Dogecoin on its balance sheet, mirroring successful Bitcoin mining strategies. CEO Ryan Trasolini said the transaction gives investors exposure to Dogecoin through a dual-pronged approach. Board member Andrew Kiguel compared the strategy to Hut 8's early Bitcoin mining phase. Dogecoin rose about 12% over the past week, reaching a two-month high near $0.11. Shuttle shares initially surged after-hours but later gave up most gains.

Dogecoin (DOGE) has outperformed the broader crypto market with double-digit gains, rising over 11% in the past week while the market slipped 0.7%. The token reached a 10-week high on Wednesday, trading at $0.109 at press time. On-chain data from Santiment shows DOGE whale activity hit a six-month peak, with 739 transfers of $100,000 or more in a single day. Wallets holding at least 100 million DOGE now collectively hold a record 108.52 billion tokens, worth about $11.6 billion. The combination of record concentrated holdings and surging large-transfer volume suggests the rally is driven by structured accumulation, not just hype. If whales continue buying, DOGE may find further support, especially if broader market sentiment improves.

MoonPay, the Dogecoin Foundation, and House of Doge have donated 1 million DOGE, worth approximately $95,000, to the AKC Humane Fund. The funds will support dog rescue operations, veterinary care for struggling families, and assistance for domestic violence victims with pets. MoonPay Commerce will now process ongoing Dogecoin donations to the charity, enabling continued crypto contributions. The initiative aims to demonstrate real-world impact for cryptocurrency adoption while aligning with Dogecoin's community-focused ethos.

T. Rowe Price, managing $1.8 trillion, filed an amended S‑1 to launch the Price Active Crypto ETF. The fund would hold a broad roster of digital assets – including bitcoin, ether, dogecoin, shiba inu and others – but maintain only five to fifteen tokens at a time under an active‑management strategy. Portfolios will be rebalanced with quantitative models targeting outperformance of the FTSE US Listed Crypto Index. Anchorage Digital Bank will act as custodian; the ETF will initially use cash subscriptions and may later permit in‑kind trades and staking, subject to risk and regulatory review.

Coinbase has broadened its crypto-backed lending service to include XRP, Cardano's ADA, and Litecoin, letting U.S. users borrow up to $100,000 in USDC without selling their holdings. The loans, routed through on-chain protocol Morpho, use wrapped tokens as collateral. The move taps into $17.2 billion of XRP held by customers and offers a tax-efficient liquidity option, though rapid price drops could trigger liquidations. Coinbase adds safety buffers and alerts to mitigate risk.

Coinbase expands its crypto‑backed lending product to XRP, Dogecoin, Cardano, and Litecoin, letting users post those coins as collateral on Morpho and borrow up to $100,000 in USDC; the service is nationwide except New York. The move follows a wave of liquidations earlier this month and targets the $117 bn combined market cap of the new assets. While lending provides liquidity without selling, wrapped collateral can trigger taxable events, and Coinbase warns of liquidation risk, noting a $170 m liquidation batch last week.

Coinbase has expanded its onchain loan product offered via Morpho to include XRP, Dogecoin (DOGE), Cardano (ADA) and Litecoin (LTC) as collateral, allowing eligible U.S. customers—excluding those in New York—to borrow up to $100,000 in USDC without selling their holdings. The existing service already supports Bitcoin and Ethereum, with loan limits of $5 million and $1 million, respectively. Loans have no fixed repayment schedule, variable interest rates set by Morpho’s supply‑and‑demand dynamics, and LTV thresholds of 75% (BTC/ETH) and 49% (XRP/DOGE/ADA/LTC). Borrowers incur a one‑time fee per borrowing event. The platform is currently limited to verified U.S. users, with broader international access planned.

Dogecoin fell 16% over four days, sparking concern. On-chain data shows holders increased buying, signaling a buying opportunity rather than panic. Net exchange positions shifted toward accumulation as price crossed key psychological levels. Macro indicators support accumulation: MVRV ratio is now in the opportunity zone, indicating unrealized losses that discourage further selling. Historically, such setups precede recoveries, with selling pressure easing once losses are saturated. The price hovered near $0.105, briefly touching $0.094 intraday. Dip buying helped regain $0.100 support. A breakout above $0.110 could push the coin toward $0.117; failure to hold $0.100 would risk another dip, undermining the bullish view.

21shares launched the TDOG Dogecoin ETF on Nasdaq, adding to its lineup of crypto ETFs and becoming the only provider endorsed by the Dogecoin Foundation. The fund offers regulated, physically backed exposure to Dogecoin. Despite the new ETF, Wall Street’s interest remains limited; cumulative volume for doge ETFs is about $200 million with under $40 million AUM, far below the $2 billion volume of XRP ETFs. House of Doge aims to boost adoption through a mobile wallet app and merchant tools.