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DOGE, SHIB Price News: Dogecoin Traders Eye 'Golden Cross' While SHIB Surges 6%

Dogecoin (DOGE) rose nearly 9% amid speculation regarding U.S. ETF approvals and institutional interest, marking a significant breakout in trading volume, with over a billion tokens exchanged. DOGE's support level is now seen at $0.242, with resistance at $0.254, paving the way for potential growth towards $0.32. Meanwhile, Shiba Inu (SHIB) experienced a 6% increase, attributed to a significant decrease in exchange reserves, indicating a tightening supply amidst rising interest in meme-coins. The present trading environment reflects a bullish momentum for both cryptocurrencies, as technical indicators, including Golden Cross signals, suggest continued upward potential. Analysts highlight the importance of DOGE maintaining its price above $0.25 and speculate on the ongoing effects of ETF developments on both DOGE and SHIB as trading into October unfolds. Market enthusiasts are observing SHIB’s low exchange supply as a further catalyst for potential gains in the meme-coin sectors.

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Crypto treasuries may soon start gobbling each other up

Digital asset treasury companies are predicted to consolidate under larger players as the market matures, according to Coinbase’s head of investment research, David Duong. With strategies to attract investors, firms may increasingly pursue mergers and acquisitions, similar to the recent Strive and Semler Scientific deal. Duong noted that companies

Crypto treasury ‘bubble’ fears overblown: TON Strategy CEO

According to TON Strategy CEO Veronika Kapustina, while there are early signs of a bubble in corporate digital asset treasuries (DATs), the long-term outlook remains positive as the market matures. Speaking at the Token2049 conference in Singapore, she acknowledged that indicators suggest a bubble but noted that this sector is

XRP, DOGE Zoom Higher as U.S. Shutdowns, Japan Bond Slowdown Charge Bitcoin Appetite

As the U.S. government faces a shutdown and Japan’s bond market experiences stress, digital assets have shown resilience, with traders anticipating looser global liquidity conditions. Bitcoin traded close to $118,700, gaining over 3% recently, while ether rose by 5.6%. Notably, dogecoin surged nearly 9%, extending its

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