Crypto News

Dogecoin posted a sharp decline during the July 23–24 trading session, shedding 11% from $0.26 to $0.24 amid sustained institutional sell pressure and extreme volatility. Trading volumes surged past 2.26 billion tokens during the selloff window, marking one of the highest activity spikes in recent weeks. Analysts cited broader crypto market fragility and profit-taking from large holders as key drivers of the move. Despite a brief bounce off the $0.23 level, DOGE failed to reclaim resistance at $0.25, closing near session lows and raising the risk of continued downside pressure.What to Know• DOGE dropped 11% from $0.26 to $0.24 during the 24-hour session ending July 24 at 05:00 GMT• Intraday range of $0.032 marked 12.06% volatility, driven by intense selling...

The report could recommend ways for the government to build a Bitcoin stockpile without using taxpayer funds, Decrypt was told.Source link

New statistical evidence has emerged, suggesting that bitcoin's (BTC) market dynamics are now intricately linked to the ebb and flow on Wall Street.Recently, the 90-day correlation coefficient between bitcoin's 30-day implied volatility indices – Volmex's BVIV and Deribit's DVOL – and the S&P 500 VIX hit a record high of 0.88, according to data source TradingView.A positive correlation of 0.88 indicates that the two variables are closely tied. As of Wednesday, the correlation stood at 0.75. The VIX represents the 30-day implied or expected price turbulence in Wall Street's equity index, the S&P 500.The strengthening correlation suggests that BTC's implied volatility indices are evolving into fear gauges, similar to the VIX, which typically falls during bull runs and rises during...

The altcoin rally is cooling as Bitcoin trades sideways, with analysts citing short-term fatigue despite a supportive macro backdrop.Source link

The class action alleges Pump.fun operated an unlicensed gambling platform, estimating billions in user losses with Solana-linked entities.Source link