Dogecoin
Bitcoin (BTC) had the highest open interest at $7.71 billion among five crypto perpetual-futures markets. Ether (ETH) saw the largest 24-hour growth, increasing 4.24% to $5.74 billion. Solana (SOL), XRP, and Dogecoin (DOGE) also showed changes in open interest and mark prices.
Ethereum's dollar-margin long account share rose 23 points, while XRP's coin-margin long share climbed 10.26 points. Bitcoin also saw increases in both categories. Solana's position-based long shares fell despite account-based share increases.
Peter Schiff, an economist, stated that Ethereum (ETH) has some value due to its use case and staking rewards, but he believes its current price may be overvalued. He also criticized memecoins like Dogecoin (DOGE) for lacking intrinsic value. As of the report, ETH was up 7% in 24 hours to $2,427.07, with 36% of its supply staked at a 2.56% yield, according to Staking Rewards.
Over the past 7 days, AlphAI's AI scored 29 news stories mentioning DOGE-USD (Dogecoin). Coverage has skewed bearish: 9 bullish, 9 neutral, and 11 bearish.
Bearish signal as open interest contracts despite a long‑biased position.
Mixed signals; modest increase in coin‑margin longs may offset dollar‑margin decline.
Schiff's criticism could pressure Dogecoin briefly.
Dogecoin follows the sector‑wide decline.
Potential short-term sell pressure from negative sentiment.
AlphAI scores every news story that mentions DOGE-USD with an AI model for sentiment and relevance, and aggregates insider trades from Dogecoin's SEC EDGAR Form 4 filings. Figures refresh continuously.
Bitcoin (BTC) had the highest open interest at $7.71 billion among five crypto perpetual-futures markets. Ether (ETH) saw the largest 24-hour growth, increasing 4.24% to $5.74 billion. Solana (SOL), XRP, and Dogecoin (DOGE) also showed changes in open interest and mark prices.
Ethereum's dollar-margin long account share rose 23 points, while XRP's coin-margin long share climbed 10.26 points. Bitcoin also saw increases in both categories. Solana's position-based long shares fell despite account-based share increases.
Peter Schiff, an economist, stated that Ethereum (ETH) has some value due to its use case and staking rewards, but he believes its current price may be overvalued. He also criticized memecoins like Dogecoin (DOGE) for lacking intrinsic value. As of the report, ETH was up 7% in 24 hours to $2,427.07, with 36% of its supply staked at a 2.56% yield, according to Staking Rewards.
Bitcoin and other major cryptocurrencies fell sharply, with Bitcoin dropping to $76,073. Over $1 billion in leveraged crypto positions were liquidated. The sell-off was triggered by concerns about a Democratic-controlled Congress and its potential impact on AI stocks, which also declined sharply, including Nvidia and AMD. The US military's potential actions in Iran added to the risk-off sentiment.
The Andhra Pradesh CID uncovered a ₹15 crore ($1.5M) international cryptocurrency fraud targeting a woman in India. Investigators traced transactions involving Bitcoin, Solana, and Dogecoin through multiple wallets and platforms, including Robinhood, Onchain, and Gate.io. Eight suspects were arrested, and the court ordered the return of frozen assets to the victim.
Binance resumed cryptocurrency withdrawals after a $6.34 billion security breach, recovering $2.85 billion. Dogecoin expert Mishaboar warns holders to verify withdrawal networks and wallet security, distinguishing native DOGE from Binance-Pegged DOGE.
Bitcoin rose 4.7% to $80,518, while Ethereum gained 7% to $2,420, as crypto markets recovered from a sell-off. Other cryptocurrencies like BNB, XRP, and Solana also posted gains. Despite this, Bitcoin ETFs saw $116M in outflows, and Ethereum funds lost $85M. Binance reported progress in recovering from a $6.34B security breach, with 98% of affected assets replenished.
Crypto market cap fell 1.18% to $2.64T, despite Bitcoin (BTC) and Ether (ETH) rising 1.17% and 1.41% respectively. Trading volume reached $77.93B. BTC and ETH represent 59.4% and 10.7% of total market value.
XRP led five cryptocurrencies with a 4.56% 24-hour increase in open interest. Bitcoin, Ether, Solana, and Dogecoin also reported changes. All had positive funding rates, with long positions dominating. XRP, Bitcoin, and Ether had open interest of $440.9M, $7.74B, and $5.50B respectively.
Dogecoin (DOGE) is trading at $0.0775, down 52% in a year, while its value in Bitcoin (BTC) terms has dropped to 96 satoshi from 160. DOGE's supply increases by 13.5 million daily, and on-chain activity has declined. The DOGE/BTC ratio has fallen 40% year-over-year, indicating weaker performance relative to Bitcoin.
