Author: dfmines

A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin’s current momentum will push it to a possible 318% rally, giving their insights on what is driving this move upward. Related Reading: XRP Cycle Top Forecast—Analyst Pinpoints The Timeline Price Rally Around The Corner? An analyst said in a post that Dogecoin could be heading for a 318% increase, which is possible since the breakout experienced by the meme coin aligns with its historical price movements. “With the breakout target at $0.6533, another +318% increase to reach it can be in the works and prices may only be preparing here to do so,” JavonTM1 said. Prices of $DOGE (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend and with prices still broken out and in a position to confirm another set of Higher Lows, even more upside can be coming! With the breakout target at $0.6533, another +318%… https://t.co/nhmMIkJgqv pic.twitter.com/Qum16794Li — JAVON⚡️MARKS (@JavonTM1) March 11, 2025 JavonTM1 made the prediction after the meme coin soared by 129% following a breach of a critical resistance trendline. “Prices of $DOGE (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend, and with prices still broken out and, in a position to confirm another set of Higher Lows, even more upside can be coming!” The Bullish Impulse Wave Analysts used the Elliott Wave Theory to explain the future of DOGE. According to the charts, Dogecoin’s price might be “in the middle of a bullish impulse wave.” They argued that the coin’s volume spikes showed that there was an increase in market participation, supporting the possibility of sustained upward movement. Meanwhile, a curved trendline on the chart indicates that the meme coin has shifted from a prolonged correction phase into a breakout phase. Last month, JavonTM1 noted that Dogecoin, hitting $0.6533, is just around the corner. “It’s only a matter of time here with such a major breakout response and climb thus far but a move above is looking more and more likely!” Potential Rebound Another analyst believes that DOGE is heading towards a potential price rebound, reinforcing the coin’s bullish outlook. Ali Martinez used the TD Sequential indicator to explain the likely surge, saying that the indicator has flashed a buy signal on the daily chart, a cue used by investors to identify trend reversals. Martinez added that this usually happens after a bearish phase, indicating that the meme coin could be moving toward the recovery phase. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Data showed that DOGE remains in a strong position following the price breakout, indicating possible further gains. At press time, Dogecoin is traded at $0.1720 per coin with a market cap of more than $25 billion. Featured image from Pexels, chart from TradingView

io.net is a decentralized GPU network that offers scalable and cost-effective computing power for machine learning and artificial intelligence applications. Boasting over 325,000 verified GPUs, io.net aims to address the GPU supply crunch by creating a more accessible and efficient marketplace for compute resources. Tausif Ahmed is the Chief Business Development Officer at io.net, a […]

io.net is a decentralized GPU network that offers scalable and cost-effective computing power for machine learning and artificial intelligence applications. Boasting over 325,000 verified GPUs, io.net aims to address the GPU supply crunch by creating a more accessible and efficient marketplace for compute resources. Tausif Ahmed is the Chief Business Development Officer at io.net, a […]

Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also means companies can manage their stablecoin treasuries in real time and use the funds to acquire yield-bearing assets like US Treasury bonds. Source: MoonPay“With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants,” said Ivan Soto-Wright, MoonPay’s CEO.The Iron deal marks MoonPay’s second high-profile acquisition this year. In January, the company acquired Helio, a Solana-based blockchain payment processor, for $175 million. Helio’s existing integrations with Shopify and Discord give MoonPay further inroads into crypto on-ramp services and payment solutions. MoonPay isn’t the only company making inroads into stablecoin payments. As Cointelegraph recently reported, Tether-backed fintech Mansa raised $10 million to further expand its cross-border stablecoin payment infrastructure.Related: Bitcoin may benefit from US stablecoin dominance pushBusiness integrations driving stablecoin adoptionAt more than $230 billion in circulation, stablecoins have become one of blockchain’s most viable use cases. The industry’s success is largely owed to stablecoin integrations by major fintech payment providers, according to Polygon Labs CEO Marc Boiron. In a recent interview with Cointelegraph, Boiron said, “Companies like Stripe and PayPal integrating stablecoins is likely the primary catalyst for their growth.”From regulatory scrutiny to widespread industry adoption, the stablecoin market has grown rapidly since 2020. Source: S&P GlobalBoiron said one of the industry’s most promising developments is yield-bearing stablecoins, which allow holders to earn decentralized finance yield through traditional collateralization. Yield-bearing stablecoin alternatives are on the cusp of a major breakthrough after the US Securities and Exchange Commission approved the first yield-bearing stablecoin security in February. The approval goes hand in hand with regulatory efforts to establish clear stablecoin laws in the United States. Magazine: Bitcoin payments are being undermined by centralized stablecoins

Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also means companies can manage their stablecoin treasuries in real time and use the funds to acquire yield-bearing assets like US Treasury bonds. Source: MoonPay“With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants,” said Ivan Soto-Wright, MoonPay’s CEO.The Iron deal marks MoonPay’s second high-profile acquisition this year. In January, the company acquired Helio, a Solana-based blockchain payment processor, for $175 million. Helio’s existing integrations with Shopify and Discord give MoonPay further inroads into crypto on-ramp services and payment solutions. MoonPay isn’t the only company making inroads into stablecoin payments. As Cointelegraph recently reported, Tether-backed fintech Mansa raised $10 million to further expand its cross-border stablecoin payment infrastructure.Related: Bitcoin may benefit from US stablecoin dominance pushBusiness integrations driving stablecoin adoptionAt more than $230 billion in circulation, stablecoins have become one of blockchain’s most viable use cases. The industry’s success is largely owed to stablecoin integrations by major fintech payment providers, according to Polygon Labs CEO Marc Boiron. In a recent interview with Cointelegraph, Boiron said, “Companies like Stripe and PayPal integrating stablecoins is likely the primary catalyst for their growth.”From regulatory scrutiny to widespread industry adoption, the stablecoin market has grown rapidly since 2020. Source: S&P GlobalBoiron said one of the industry’s most promising developments is yield-bearing stablecoins, which allow holders to earn decentralized finance yield through traditional collateralization. Yield-bearing stablecoin alternatives are on the cusp of a major breakthrough after the US Securities and Exchange Commission approved the first yield-bearing stablecoin security in February. The approval goes hand in hand with regulatory efforts to establish clear stablecoin laws in the United States. Magazine: Bitcoin payments are being undermined by centralized stablecoins

In recent months, we engaged artificial intelligence (AI) chatbots to extract their forecasts on bitcoin and gold prices. On a separate occasion, before Donald Trump’s election in 2024, we challenged them to predict the next U.S. president. This time, we assembled 11 diverse AI models and posed a new question: Will the U.S. central bank […]

In recent months, we engaged artificial intelligence (AI) chatbots to extract their forecasts on bitcoin and gold prices. On a separate occasion, before Donald Trump’s election in 2024, we challenged them to predict the next U.S. president. This time, we assembled 11 diverse AI models and posed a new question: Will the U.S. central bank […]

Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump.In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a business deal between the Trump family and Binance.US. He further denied claims that he wanted a presidential pardon from Trump, which could potentially allow him to assume an operational or management role at Binance.“No felon would mind a pardon, especially being the only one in US history who was ever sentenced to prison for a single BSA [Bank Secrecy Act] charge,” said CZ. “Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the ‘war on crypto’ from the last administration are still at work.”CZ’s statement on a March 13 Wall Street Journal report. Source: Changpeng ZhaoIn November 2023, Binance reached a deal with US authorities requiring the exchange to pay $4.3 billion and Zhao to plead guilty to one count of violating the Bank Secrecy Act for failure to maintain an effective Anti-Money Laundering program at the exchange. CZ stepped down as CEO, was later sentenced to four months in prison, and reportedly was permanently enjoined from operating or managing Binance as part of the deal.What would a president pardon do for CZ now?Having already served time in prison, CZ seeking any potential pardon from Trump would not erase the former CEO’s felony charge. However, according to the US Justice Department, a pardon will “facilitate removal of legal disabilities imposed because of the conviction” — e.g., potentially removing any restrictions on Zhao’s involvement with the crypto industry.Related: Abu Dhabi’s MGX backs Binance with $2B stablecoin investmentThe 2023 deal with Binance did not resolve the US Securities and Exchange Commission’s civil case with the crypto exchange. However, after the departure of former SEC Chair Gary Gensler and the appointment of Commissioner Mark Uyeda as acting chair, the regulator filed for a 60-day pause in court. Since Trump took office in January, the SEC has dropped several investigations and enforcement actions against major crypto firms, including those who donated to his campaign or inauguration fund. In addition to halting Binance’s case, the SEC may be considering wrapping up its civil suit against Ripple Labs.Magazine: Meet lawyer Max Burwick — ‘The ambulance chaser of crypto’

Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump.In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a business deal between the Trump family and Binance.US. He further denied claims that he wanted a presidential pardon from Trump, which could potentially allow him to assume an operational or management role at Binance.“No felon would mind a pardon, especially being the only one in US history who was ever sentenced to prison for a single BSA [Bank Secrecy Act] charge,” said CZ. “Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the ‘war on crypto’ from the last administration are still at work.”CZ’s statement on a March 13 Wall Street Journal report. Source: Changpeng ZhaoThis is a developing story, and further information will be added as it becomes available.