Author: dfmines

Dogecoin (DOGE) is once again in the spotlight, drawing attention from crypto enthusiasts and analysts. Recent trends suggest growing interest in the popular meme coin, but conflicting indicators leave the market’s next move uncertain. From search trends to mining milestones, Dogecoin has plenty going on, keeping its community engaged. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania Search interest in Dogecoin peaked today, November 22, coinciding with a price increase, data from Google Trends shows. However, as public curiosity declined, so did the price, demonstrating a significant link between attention and performance. While some see this as an indication of Dogecoin’s unexpected character, others believe that it demonstrates how community-driven it is. Mining Activity Reaches New Peak Dogecoin is on a tear and its network enjoying solid numbers. Proof of this is its soaring hashrate, which touched an all-time high. This strengthens the security and stability of the blockchain as well as being more appealing to miners and investors. Crypto expert Master Kenobi believes mining DOGE has become more profitable than the cycles by Bitcoin with regards to halving, as steady payouts provide greater stability in the old system. 💥 #DOGE hashrate on ATH 🚀 In the long term, I believe #DOGE mining could become more profitable and less stressful for miners compared to #Bitcoin mining, as it offers greater predictability without the disruptions caused by halving events. This stability would contribute to… https://t.co/SfjlyGS8Q5 pic.twitter.com/IOIkuK8mCe — Master Kenobi (@btc_MasterPlan) November 20, 2024 With the increasing hashrate, expanded infrastructure also comes into the picture, giving more hope to the future of Dogecoin. A stable mining environment assures security and serves as a basis for the growth of the ecosystem. Traders Are Becoming More Optimistic Seasoned cryptocurrency expert expert Tardigrade sparked enthusiasm in the Dogecoin community by highlighting a major technical trend on its charts. The expert identified a “Hidden Bullish Divergence,” a structure that frequently indicates a reversal or slowing in bearish momentum. His analysis has sparked rumors that Dogecoin might be getting ready for its next innovation. Positive mood seems to be mostly prevalent when taken with the existing “Extreme Greed” value of 94 on the Fear & Greed Index. But the notable volatility (42.27%) over the past month calls for prudence on behalf of investors. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough A Mixed Price Forecast Though there is growing hope, Dogecoin projections remain dubious. Analysts project a -6.83% decline with a December 22, 2024 price of $0.369286. Although the Fear & Greed Index is rather positive, history shows that such times usually precede temporary corrections. For investors, the combination of enthusiasm and prudence creates a perilous atmosphere. On the one hand, increased hashrate and technical indications appear good. However, because of Dogecoin’s unexpected nature, risks are always present. Dogecoin’s market remains volatile, fueled by its community, mining stats, and social emotion. Whether it’s a good moment to purchase or sell is determined by the community’s risk tolerance. One thing is certain: Dogecoin never fails to keep the cryptocurrency community guessing. Featured image from WSJ, chart from TradingView

The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the […]

submitted by /u/goldyluckinblokchain [link] [comments]

I just got banned from r/Bitcoin for “shilling” ETH. Such emotional and uneducated boomer mods over there. All I said was that ETH has more utility than BTC which is undeniably true. I support both BTC and ETH but this toxicity between both “sides” is what is preventing new investors from pouring in. When half…
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PROTOCOL GUILD: funding the ethereum commons link to recording link to thread slide PDF https://preview.redd.it/o30z7fefui2e1.png?width=2000&format=png&auto=webp&s=fe970dd353f77bd51f21f3353a76e8c3183deb09 how many core contibutors? https://preview.redd.it/7uli83zlti2e1.jpg?width=1800&format=pjpg&auto=webp&s=f8c5ea541ea66f24835c43bbb4a8bf57005decfc https://preview.redd.it/mzhouulnti2e1.jpg?width=1800&format=pjpg&auto=webp&s=007a71a50353b1f1689cc25ae3e7e5a690d50019 the commons is produced by peers https://preview.redd.it/xyibhfpoti2e1.jpg?width=1800&format=pjpg&auto=webp&s=4533eb1381feb4187ca3e658bcd4ae17320c1bd4 peers can be orchestrated towards particular qualitative/quantitative outcomes https://preview.redd.it/xymd04jpti2e1.jpg?width=1800&format=pjpg&auto=webp&s=9a05802a8838789fe40f751b195535e736e62bc4 ethereum is a commons: open, global, permissionless infrastructure https://preview.redd.it/a628086rti2e1.jpg?width=1800&format=pjpg&auto=webp&s=bbc2945b07f38a20a7294c2daf2e6eb0a7b190d2 this commons produces three resource types: network, asset, media…
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Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said. 

A creditors’ meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse.