13 Aug 2025, 07:53

DOGE Price Rallies Over 6% After Whales Buy 1B Dogecoin – Is $0.30 Likely?

Dogecoin (DOGE) has surged more than 6% in the past 24 hours, sitting above a resilient $0.2307–$0.227 support zone. The crypto has rallied 17.75% in the past week, despite a small retrace. Doge is trading at $0.2365 at press time according to CoinMarketCap data . Source: Trading View If bullish momentum continues, the chart signals a potential 18.19% surge, targeting the $0.26 zone. Besides, the rally is spurred by strong institutional interest, following whale accumulation of 1 billion DOGE ($200 million) in recent sessions. The large-holder ownership nears 50% of the supply. Whales bought over one billion Dogecoin $DOGE in the last 24 hours! pic.twitter.com/qdGrIE6Gez — Ali (@ali_charts) August 6, 2025 This means that the concentrated buying reduces sell-side liquidity and signals institutional confidence. Further, the DOGE turnover ratio suggests sufficient market depth that would sustain momentum for the short term. Per a trader, the DOGE price is now pushing toward the 0.28 target zone inside a bullish channel structure. “A break above 0.28 could open the path toward the higher 0.38 resistance area.” Potential Dogecoin ETF Approvals and Wider Adoption Institutional investors have assigned odds as high as nearly 80% in the Polymarket for a potential Dogecoin ETF approval. Besides, the political and regulatory landscape has also changed significantly this year toward a crypto-lenient approach. In June, Bloomberg ETF analysts Eric Balchunas and James Seyffart raised odds of spot Dogecoin ETF approvals to 90%. They noted that altcoin ETFs, including DOGE and XRP, have a better chance of being approved by the SEC by the end of 2025. The increase in the ETF speculation, along with whale activity and policy developments, suggests a possible higher price target in the coming months. DOGE Technical Momentum Dogecoin has reclaimed its 30-day simple moving average (SMA) with relative strength index (RSI) within the neutral zone at 57. This means there is room for an upside trend. Key resistance is at $0.263. Bulls are expecting a breakout above $0.242–$0.245, which could unlock a secondary leg toward $0.25–$0.26. holding above the support zone would keep DOGE’s bullish thesis intact, setting up trends for a potential surge. The post DOGE Price Rallies Over 6% After Whales Buy 1B Dogecoin – Is $0.30 Likely? appeared first on Cryptonews .

13 Aug 2025, 07:50

Pump.fun cashes in as SOL nears $200

Pump.fun still sent SOL to Kraken after a long pause, just as the market rallied with SOL near $200. Briefly, the platform stopped its PUMP buybacks to cash in on SOL. Pump.fun sent SOL to Kraken, despite its commitment to buying back PUMP tokens with most of its fees. On-chain data showed the meme launchpad deposited a total of 86,254 SOL, its first deposit since June 10, as previously reported by Cryptopolitan. Pump.fun paused the PUMP buybacks and tapped some of its renewed SOL inflows. | Source: Pump.fun fees . So far, Pump.fun has deposited 3.93M SOL to Kraken, selling at various price ranges, including as low as $158. There is no guarantee all the SOL would be liquidated or traded. Currently, the intermediary wallet used to send SOL to Kraken has emptied its entire balance, though Pump.fun holds at least 898K SOL in its other public wallets . The funds may be used to support PUMP, as well as a selection of memes and communities. The buybacks still had an effect on the price of PUMP, which recovered to $0.004, adding 9.8% in the past day. So far, Pump.fun has also allocated 197,739 SOL to buybacks, with a pause in the past days. The platform achieved fees of up to $3.27M, reviving from recent lows of days with under $500K. Fees spiked to a weekly high as more meme tokens were deployed. Pump.fun rivalry intensifies The rivalry between meme launchpads on Solana has intensified. In the past week, token launches on Solana picked up again, with over 50K assets deployed from all launchpads. On-chain investigators have noticed a shift in the behavior of token launches. Most of the new activity in content creation and subsequent trading is linked to a list of deployer addresses, which are most probably automated with various strategies. The presence of deployers also leads to a rotation between meme platforms, where the same large-scale token launchers shift to the best available markets. This has led to a more diverse market share, where every few days the dominance of platforms changes. Pump.fun is back to 74.5% of the market share, while the previously hot LetsBonk.fun is down to 10%, as deployers moved away. Bags is now taking the second place, with a market share of 11.2% . Smaller platform contenders are also fighting for market share, with Meteora and Jupiter adding the feature to their product mix. Platforms are also incentivizing deployers, leading to a constant watch for the best conditions to launch new memes and tap liquidity. Launchpads see increased competition, with changing market share caused by the rapid movement of the top deployer wallets to the platform with the best short-term conditions. | Source: Dune Analytics . The deployers are debunking the myth of ‘trenches’ coming from organic user participation. While Pump.fun still aims at retail users, the deployers may be responsible for over 95% of activity. The best deployers are also followed for their connection to successful tokens and available liquidity. Pump.fun aims to bring back cult tokens During the 2024 meme boom, Pump.fun produced several top cult memes, including GIGACHAD. However, the cult status emerged from social media, mostly linked to the activity of Murad Mahmudov, as previously tracked by Cryptopolitan. Now, Pump.fun itself aims to create its own cult tokens, claiming that the age of belief is back. The ability to select coins for their cult status may boost the PumpSwap DEX volumes and add more to the platform’s daily fees. Alon Cohen, the co-founder of Pump.fun, recently hinted at the emergence of cult tokens. “Hold and believe season is back”, he said on X in the past week. The recently selected tokens by the Glass Full Foundation are trying to gain cult status. Spirit of Gambling (TOKABU) maxed out at $0.06 and is now consolidating at $0.05. Housecoin (HOUSE) also cooled down at $0.02. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

13 Aug 2025, 07:49

Pantera Capital Bets $300M on Crypto Treasury Firms, Sees Yields Beating ETFs

Pantera Capital has committed $300 million to a growing niche of companies that hold significant digital asset treasuries, arguing that their performance could outpace crypto exchange-traded funds (ETFs). Key Takeaways: Pantera Capital has invested $300M in digital asset treasury companies. Its portfolio includes firms like BitMine, now the largest Ether treasury holder. BitMine’s shares have surged over 1,300% since June, far outpacing Ether’s 90% gain in the same period. In a note on Tuesday , Pantera general partner Cosmo Jiang and content head Erik Lowe said digital asset treasuries (DATs) “can generate yield to grow net asset value per share, resulting in more underlying token ownership over time than just holding spot.” They argued that owning shares in a DAT could deliver higher returns than holding tokens directly or through an ETF. Pantera Backs DATs Using Strategies to Boost Per-Share Token Holdings The firm has backed DATs in the US and the UK that hold Bitcoin, Ether, Solana, and other altcoins. Jiang and Lowe said these companies use their unique position to “employ strategies to grow their digital asset holdings in a per-share accretive way.” Crypto treasury companies have emerged as one of the hottest trends on Wall Street, drawing billions from investors and sending share prices soaring. However, industry voices caution that the market could become overcrowded, leaving some players vulnerable to collapse. One of Pantera’s first investments from its DAT Fund was BitMine Immersion Technologies, chaired by Tom Lee. In just two and a half months, BitMine has become the largest Ether treasury company and the third-largest crypto holder among public firms globally. It now holds nearly 1.2 million ETH, worth about $5.3 billion, and has set a goal of acquiring 5% of Ether’s total supply. Dive into the investment case for Digital Asset Treasury companies (DATs) with Tom Lee ( @fundstrat ) and @cosmo_jiang ! Learn why DATs may be a more effective vehicle for crypto exposure than owning an ETF or holding the underlying token directly. pic.twitter.com/cvAPzorx3e — Pantera Capital (@PanteraCapital) July 3, 2025 BitMine’s strategy includes issuing stock at a premium to net asset value, using convertible bonds to monetize volatility, and generating staking and DeFi yields. Pantera noted that the company’s ability to sustain these tactics “will play out over time,” but its approach has already drawn high-profile backers, including Stan Druckenmiller, Bill Miller, and ARK Invest. Since launching its ETH acquisition plan in late June, BitMine’s shares (BMNR) have surged over 1,300%, compared to Ether’s nearly 90% gain in the same period. “We expect that the growth story of the highest quality DATs will come to be appreciated by more institutional investors,” Pantera said. Vitalik Buterin Warns Overleveraging Could Doom Crypto Treasury Firms However, not everyone shares the optimism. Ethereum co-founder Vitalik Buterin has warned that overleveraging could sink some treasury companies if markets turn. Framework Ventures co-founder Vance Spencer recently suggested much of the ETH bought by treasuries will end up in on-chain lending markets to loop or farm yields, adding to systemic risk. Standard Chartered analysts also cautioned in June that Bitcoin-focused treasury firms could face trouble if BTC prices fall sharply, underscoring that the boom in DATs comes with significant downside potential. VanEck’s head of digital asset research, Matthew Sigel, has also raised concerns about the Bitcoin treasury strategies used by certain public companies, suggesting that continued accumulation of BTC could soon harm shareholders more than help. The post Pantera Capital Bets $300M on Crypto Treasury Firms, Sees Yields Beating ETFs appeared first on Cryptonews .

13 Aug 2025, 07:46

Ethereum Approaches All-Time High Amid Short Losses and Cautious Retail Sentiment

Ethereum is currently priced at $4,618.95, experiencing a 7.3% increase. Despite this rise, large short positions are facing significant losses, particularly from Abraxas Capital, which has lost $244.78 million. Ethereum’s

13 Aug 2025, 07:44

'Everything Trending to Zero Against Bitcoin,' '$1 Million BTC' Samson Mow Warns

JAN3 boss, Samson Mow, makes a major Bitcoin reminder for potential patient winners

13 Aug 2025, 07:37

Ethereum’s Breakout Above $4,000 Sparks Speculation of Potential Rally Toward $10,000–$30,000 by 2025

Ethereum’s recent breakout above $4,000 signals a potential rally towards $10,000–$13,000 by mid-2025, mirroring its explosive growth from 2016–2017. Ethereum traded sideways between $1,850 and $4,150 in 2024 before breaking