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Dogecoin on Verge of Golden Cross Flip, Metrics Soaring

by admin September 24, 2025

Dogecoin (DOGE), the king of meme coins, is on the verge of forming a golden cross even as technical indicators signal a bullish recovery. In the last 24 hours, there has been a halt to the meme coin’s downward slip as it began to show a golden formation.

DOGE trading volume surges as RSI supports recovery

Notably, the 9-day and 26-day moving averages show the golden cross formation around the $0.2454 mark. This technical indicator, which happens when a short-term moving average crosses over a longer-term one, is generally a bullish signal.

DOGE Price Chart | Source: TradingView

Investors backing the meme coin are anticipating a price recovery following this signal showcase in the altcoin. As of press time, Dogecoin has started trading up as the price spiked upward to $0.2488, reflecting a 4.04% increase in the last 24 hours.

DOGE had climbed from a low of $0.2321 in earlier trading sessions, supported by increasing trading volume. Within this time frame, Dogecoin’s volume has registered a significant 10.47% increase to $3.32 billion amid rising optimism.

This came as the meme coin hit oversold conditions, as shown by its Relative Strength Index (RSI). With such a setup, DOGE’s price had nowhere else to go but to reverse its downward path. Additionally, the slight increase in the price of Bitcoin might have contributed to Dogecoin’s recovery.

Dogecoin is likely to continue on its current bullish trajectory, as historical precedent shows that DOGE has an average growth rate of 13%. As per Cryptorank data, while the average growth is positive, the meme coin has posted more negative figures in the month of September.

However, in September 2024, Dogecoin recorded a 12.6% increase. If the asset repeats this performance, Dogecoin could inch closer to the $0.30 target.

Analysts predict Dogecoin could break $0.50 soon

Meanwhile, Timothy Stebbing, Dogecoin Foundation Director, has suggested ways holders could contribute to the utility of the meme coin and drive adoption. He advocated that holders think of how they could spend their DOGE.

Interestingly, Ali Martinez, a renowned crypto analyst, believes that the current price of Dogecoin might be the last discount opportunity for investors before a breakout. Martinez predicted that DOGE could spike above $0.50 if ecosystem bulls support the asset on the market.

Market participants continue to hope that the analyst’s prediction will come to pass so that their investment value can soar.

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September 24, 2025 0 comments

Crypto Trends

Sam Bankman-Fried’s X Account Awakens, Sends FTT Token Soaring

by admin September 24, 2025

In brief

SBF’s verified X account posted “gm” Tuesday evening despite prison restrictions on internet use.
FTT token surged 32% following the tweet, with volume climbing from $10.4M to $59M.
The FTX estate has filed a $1.1 billion lawsuit against Genesis Digital and plans to distribute $1.6 billion to creditors by September 30.

On Tuesday evening, Sam Bankman-Fried’s verified X account posted a two-letter greeting, “gm,” short for “good morning.”

While the greeting has become a familiar catchphrase in the crypto community, SBF’s message drew immediate attention because inmates in U.S. federal prisons are not supposed to have direct access to social media.

The account later clarified in a reply that SBF himself is not posting, and that a friend was doing so on his behalf, after this story went live.

FTT, the native token of the now-bankrupt FTX exchange, is trading at around $1.10 at the time of writing, up roughly 32% over the past 24 hours. Daily trading volume has surged almost sixfold, from approximately $10.4 million to nearly $59 million, according to data on CoinGecko.

Once used to cut fees and serve as collateral on FTX, the token lost its core utility after the exchange’s November 2022 bankruptcy. It continues to draw speculative trading interest during the estate’s liquidation process.

SBF, founder and former CEO of the shuttered FTX exchange, is serving a 25-year federal sentence after being convicted on seven counts of fraud and conspiracy for siphoning off billions in customer funds from the exchange and misleading investors about its finances.

He last tweeted at length months earlier in a series of posts reflecting on layoffs, workplace challenges, and even government bureaucracy, writing about the difficulty of firing employees, expressing sympathy for those facing unemployment, and joking about not checking emails for days.

A week later, he thanked former Fox News host Tucker Carlson for a prison interview.

Earlier on Tuesday, the FTX Recovery Trust filed a lawsuit against Bitcoin mining firm Genesis Digital Assets, seeking to claw back $1.1 billion. The lawsuit alleges that the company received preferential payments in the months leading up to the exchange’s collapse.

The move comes just days before the estate is set to begin its third major creditor distribution on September 30, which will release about $1.6 billion to verified claimants.

Tweets from prison

SBF was transferred to the Federal Correctional Institution Terminal Island in Los Angeles in April, after 18 months at the Metropolitan Detention Center in Brooklyn, New York.

Under the Bureau of Prisons’ rules, federal inmates may use TRULINCS, a secure messaging system that allows text‐only communication (no attachments) with approved contacts. The system is monitored and screened, and does not grant access to the wider internet.

Possession or use of a contraband cellphone is strictly prohibited, and if discovered, it can lead to disciplinary action, including solitary confinement or docking of “good conduct time.”

Some inmates’ attorneys attempt to post statements: the inmate sends a text or letter to someone outside, who then posts it to their social media handles.

Decrypt reached out to Sam Bankman-Fried’s defense counsel at Shapiro Arato Bach LLP, as well as officials at the Federal Bureau of Prisons and FCI Terminal Island, for comment on the “gm” post but did not immediately receive a response.

Editor’s note: Additional details on who tweeted from SBF’s official account were later added to this story.

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September 24, 2025 0 comments

GameFi Guides

BNB is Soaring: Here’s Where Analysts See It Headed Next

by admin September 22, 2025

In brief

BNB climbed more than 10% over the weekend to an all-time high of $1,079, doubling Bitcoin and Solana’s year-to-date gains.
Analysts cite renewed institutional demand, Binance’s partnerships, and a stronger regulatory outlook as key drivers.
Both bulls and bears see room for correction, with some warning of a dip below $1,000 before longer-term gains.

BNB continues to outperform the broader crypto market, with analysts suggesting that regulatory and fundamental developments, coupled with institutional demand, are driving the token forward.

The asset, which can be used to offset fees on the Binance exchange, surged more than 10% over the weekend to a new all-time high of $1,079, CoinGecko data shows. It’s now more than double that of Bitcoin and Solana’s 22% year-to-date gains.

“Renewed institutional demand” and “improved sentiment around Binance’s regulatory outlook” are two significant reasons contributing to the rise, MEXC’s chief analyst Shawn Young told Decrypt.

“The exchange has recently strengthened compliance measures, settled some key cases, and is signalling greater alignment with global standards,” he said. “For institutions, this reduces headline risk and makes exposure to BNB more palatable.”

Binance has continued to forge ahead with new partnerships, including with investment firm Franklin Templeton, which has helped lift the token’s profile, Decrypt was told.

The deal, inked earlier this month between the pair, will see a new slew of yet-to-be-announced crypto products “tailored for a broad range of investors.”

Digital Asset Treasuries companies, including publicly traded consumer products firm CEA Industries, meanwhile, have begun to accumulate the token in the second half of this year, often to the tune of hundreds of millions of dollars.

Like Bitcoin and Solana, BNB could benefit from increased demand from larger players as companies look to crypto to support their balance sheets.

Sean Dawson, head of research at on-chain options platform Derive, told Decrypt the token’s performance also lies in Binance’s 40% market share of spot trading volume.

When asked whether the token would experience a sell-off, Dawson added that, “It’s only a matter of time before a pullback.”

MEXC’s Young agrees, anticipating a slowdown in the token’s ascent with potential for a correction below $1,000 in the short-term.

Both, however, remain bullish on BNB, supported by broader crypto market sentiment and institutional demand, they said.

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September 22, 2025 0 comments

SOL price chart showing rally from $226 to above $239 in the past 24 hours

Crypto Trends

Soaring in First Trades After IPO

by admin September 12, 2025

Shares of Gemini (GEMI) opened at $41 a share on the Nasdaq Global Select Market on Friday, rising 45% from last night’s IPO price.

The crypto exchange, which is run by Tyler and Cameron Winklevoss, priced its IPO at $28 a share, valuing the company at around $3.3 billion. It had sold 15.2 million shares, raising $425 million.

Gemini posted a net loss of $283 million in the first half of the year. That follows a $159 million loss for all of 2024, according to the company’s latest financials.

Despite the deepening red ink, Gemini priced its IPO nicely above the initially hoped-for level and secured a $50 million strategic investment from Nasdaq earlier this week. The stock exchange operator said the deal is intended to expand access to Gemini’s crypto custody services for institutional clients. It also positions Gemini as a distribution partner for Nasdaq’s trade management software, Calypso.

Gemini’s IPO follows that of other crypto-native platforms, including stablecoin issuer Circle (CRCL), Bullish (BLSH), eToro (ETOR) and Figure Technologies (FIGR), that also went public this year in what appears to be a booming capital market for crypto firms amidst a wave friendly U.S. regulatory action. Bullish Global is CoinDesk’s parent company.

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September 12, 2025 0 comments

NFT Gaming

Oracle’s Late AI Bet Sends Shares Soaring, Ellison Tops Musk as World’s Richest Man

by admin September 10, 2025

In brief

Oracle’s AI pivot pays off: Shares surged over 30% as the company projected $455 billion in booked future revenue and faster cloud growth.
Oracle’s neutral AI stance and ability to run models like ChatGPT inside its database stack drew major enterprise demand.
Founder Larry Ellison’s fortune swelled by nearly $100 billion, making him the world’s richest person.

Oracle Corp. stock rocketed as much as 40% in intraday trading—a rally so dramatic, it appears to have set a record for any company valued north of $500 billion. The trigger? A bold AI strategy finally paying off.

At the heart of today’s fireworks is Oracle’s up-close-and-personal pivot into artificial intelligence infrastructure. The company revealed that its Oracle Cloud Infrastructure (OCI) business now expects massive revenue growth: CEO Safra Catz said OCI revenue is expected to reach $18 billion in the current fiscal year, then grow to $32 billion in fiscal year 2027, and eventually $144 billion in the following three years.

But numbers alone don’t explain the thrill. The real signal: a massive pipeline of future business. Oracle’s “remaining performance obligations”—essentially what’s been booked but not yet recognized—soared 359% year-over-year to $455 billion, verging on a half-trillion-dollar backlog, the company reported.

CEO Safra Catz didn’t hide the enthusiasm, stating that most of the multiyear growth is already locked in, and more multibillion-dollar contracts are expected in the coming months.

“Over the next few months, we expect to sign-up several additional multi-billion-dollar customers, and RPO is likely to exceed half-a-trillion dollars,” said CEO Safra Catz.

AI is not just a buzzword—it’s infrastructure

Oracle’s AI attractiveness comes from its strategic alliances and neutral positioning in the AI arms race. It’s part of Stargate, a massive infrastructure initiative with OpenAI and SoftBank, giving Oracle preferred status as a compute-provider-of-choice.

Crucially, Oracle claims to offer AI inferencing capabilities, running models like ChatGPT, Gemini, and Grok directly within its database stack, a convenience hyperscalers have yet to match. That unique positioning—neutral, integrated, and AI-enabled—has turned once-lagging Oracle into a major contender in AI infrastructure.

The ripple effect

In one of those rare moments where investor glee merges with spectacle, Larry Ellison vaulted past Elon Musk to become the world’s richest person, thanks to the stock surge. His net worth swelled by around $100 billion to roughly $393–400 billion.

Not everyone’s as ecstatic as Mrs. Ellison: Analysts caution the aggressive capex—Oracle expects to spend $35 billion to build data-center and supply AI chips—could dent free-cash-flow in the near term and pressure margins.

AI was the marquee act, but Oracle also highlighted four multibillion-dollar contracts with three different customers in its latest quarter. That helped lift first-quarter revenue by 12% to $14.93 billion, including a 28% jump in cloud revenue to $7.2 billion.

Analysts at Piper Sandler and Bank of America weren’t shy either, raising price targets and upgrading the stock—noting the AI-driven backlog as “too strong to be summed up simply as a blow-out.”

The bottom line

Oracle’s AI pivot has become an investor tidal wave, backed by real contracts, locked-in backlog, and infrastructure ambitions that others can’t match—at least right now.

Whether the swell leads to a sea change or tidal recession depends on execution. But for now, Oracle has Wall Street enthralled, and its AI story is delivering more than just talking points—it’s delivering stock market fireworks. And if that’s not a mixed metaphor, then nothing is.

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September 10, 2025 0 comments

Crypto Trends

Altcoin Season? These Coins Are Soaring as Bitcoin and Ethereum Take a Breather

by admin August 28, 2025

In brief

Altcoin Season Index data suggests market rotation as Bitcoin dominance drops.
Ethereum continues to build momentum while Bitcoin’s appears to stall.
But one altcoin stood above the rest today: Crypto.com’s Cronos, or CRO. Here’s why

Grab your umbrellas crypto traders, it looks like altcoin season might be here again.

Altcoin season refers to periods when alternative cryptocurrencies significantly outperform Bitcoin, typically marked by capital rotation from BTC into smaller, more volatile assets. It’s essentially a great time for non-Bitcoin maxis. During a relatively brief period—typically weeks or months—the values of altcoins soar as investors move their funds from Bitcoin to other coins.

With the crypto market holding above $3.9 trillion today, CoinMarketCap’s Altcoin Season Index is now back up to 53 out of 100. That’s not nearly as high as back in December 2024, when the index hit a whopping 87 points, but it has been trending up consistently since April, when it hit a low of 12.

As we covered yesterday, market data at the moment points to a rising interest in alternative crypto assets to Bitcoin.

Altcoin Season Index. Source: CoinMarketCap

Coinbase Institutional’s global head of research, David Duong, wrote two weeks ago that current market conditions were already then signaling the early stages of an altcoin season, noting that Bitcoin dominance declined from 65% in May to 59% in August.

This decline in BTC dominance—when Bitcoin’s share of total crypto market cap shrinks—is the classic harbinger of altcoin season.

Key macro indicators suggest we’re in a transitional phase. The Federal Reserve’s stance on interest rates remains crucial, with lower inflation and looming rate cuts from the Fed potentially driving liquidity back into risk assets like cryptocurrencies and fueling altcoin rallies. Additionally, improving market liquidity and growing stablecoin issuance provide the fuel altcoins need to run.

”That market thesis has mostly played out as we expected, given the alignment of stronger than expected macro conditions and a clearer crypto regulatory framework,” Duong’s report noted.

So is it time to move your bags? That depends on your risk appetite. At the moment, though, as Bitcoin and Ethereum—the two biggest crypto assets by market cap—catch their breath, other coins are starting to run: Solana is up more than 16% over the last week while Hyperliquid has notched gains above 14%.

And that’s nothing compared to Crypto.com’s CRO. Here’s what the charts are looking like.

Cronos (CRO) price: Trump Media fuels historic rally

No other altcoin today is pumping as hard as Cronos, which trades as CRO, the native token of the Crypto.com trading platform.

The token is up more than 120% in the last seven days, now trading for $0.31. Why? The Trump pump, naturally.

Trump Media, the President Trump-owned company behind the social media platform Truth Social, has made several business dealings with Crypto.com over the last few months. But most recently, the companies announced a plan to integrate Crypto.com’s wallet infrastructure on Truth Social and adopt CRO as a utility token for rewards and subscriptions on the platform.

Cronos (CRO) price data. Image: TradingView

The companies will also exchange investments: Trump Media will buy $105 million in CRO (~2% of supply), and Crypto.com will acquire $50 million in DJT shares. The deal includes creating a $6.4 billion treasury focused on CRO accumulation, instantly making it one of crypto’s most ambitious corporate treasury plays.

And, well, being backed by the president of the United States is a pretty strong thing to add to your fundamental analysis of any asset.

But CRO’s charts show how unnatural FUD and FOMO can affect the crypto market.

The Average Directional Index, or ADX, for Cronos is at 39 indicates, which indicates a powerful trend in place. ADX measures trend strength, regardless of direction, on a scale from 0 to 100. Anything above 25 confirms a trend, and anything above 40 is considered a very strong trend.

The token’s Relative Strength Index, though, is at 89, which is typically considered dangerously high. RSI measures trading momentum, likewise on a scale from 0 to 100, and usually anything above 70 is considered “overbought” and ripe for a correction. At 89, CRO is in severely overbought territory, which usually triggers profit-taking. On the other hand, in times of FOMO, high RSI readings can hold during the kind of parabolic move CRO is currently experiencing.

Exponential moving averages, or EMAs, can give traders a sense of where price supports and resistances on chart are at the moment. Traders will look at the 50-day EMA, the short-term average, and the 200-day EMA, the long-term average price, to measure the distance between those averages at the current price of the asset.

With CRO, the spread between the 50-day EMA and the 200-day EMA is expanding rapidly, with current price action far above both, confirming strong bullish momentum.

Support for the token sits at $0.18 (the breakout level) while resistance rests at $0.40 (the psychological target).

Bitcoin (BTC) price: The sleeping giant

For context, Bitcoin’s daily performance will look boring to thrill-seeking degens in search of market action.

Bitcoin opened the day at $111,272 and currently trades at $112,497—up a modest 1.1% after reaching an intraday low of $110,876. The king of crypto appears to be consolidating and struggling to resume its bullish trend, which historically creates opportunities for altcoins to shine.

Bitcoin (BTC) price data. Image: TradingView

From a technical perspective, BTC’s ADX sits at a weak 17, indicating that the current global bullish trend is already too weak to be considered solid. ADX readings below 20 signal choppy, directionless trading. This lack of momentum creates the perfect environment for altcoin rotation.

The 50-200 EMA configuration shows BTC trading between these key averages, with the 50-day EMA providing resistance around $114,000 while the 200-day sits lower near the $104,000 price zone. Traders would widely see this as bearish. But it’s not nearly bad enough to start hearing talk of death crosses or crypto winters—yet.

The lack of “squeeze” signals between moving averages show that prices may keep their direction in the short term until they find a stronger support. The RSI at 45 leans slightly bearish but isn’t oversold, suggesting room for movement in either direction.

Key Levels:

Immediate support: $108,000 (psychological level)
Immediate resistance: $114,500 (EMA50)
Strong resistance: $120,000 (recent rejection zone)

Ethereum (ETH) price: Building momentum

The day’s Ethereum chart tells a more bullish story.

ETH today opened at $4,507, spiked towards $4,631 (2.7% above current price) before correcting to its current price around $4,494.

The price has barely moved, but it is currently registering lower highs and higher lows throughout the week, without losing its key support.

Ethereum (ETH) price data. Image: TradingView

The ADX at 36 confirms a strong trending environment. ADX readings above 25 indicate established trends, and at 36, we’re seeing confirmed directional movement that trend-followers rely on. This suggests Ethereum’s recent strength isn’t just noise but represents genuine market conviction.

The 50-day EMA sits well below current prices, providing solid support in the $4,000 zone, and the 200-day EMA acts as a foundation near $3,000. This bullish stack where shorter-term averages support higher prices typically occurs in strong uptrends and gives buyers multiple opportunities to enter on dips.

RSI at 56 shows healthy momentum without being overbought. After ETH’s massive rally from $3,000 to over $4,600, this middling RSI represents healthy consolidation with a market digesting gains without becoming oversold, suggesting accumulation rather than distribution.

The Squeeze Momentum Indicator status is “on,” which is highly significant for traders. This indicator identifies periods when volatility compresses before explosive moves. When it fires “on,” it signals a breakout from consolidation is underway in either direction. However, combined with the bullish price action above key averages, the symmetrical triangle in formation and the overall bullish indicators, things seem to point towards increased volatility likely to the upside.

Key Levels:

Immediate support: $4,200
Strong support: $3,900 (200-day EMA zone)
Immediate resistance: $4,786 (weak resistance)
Strong resistance: $5,000 (major psychological target and new ATH)

Bitcoin’s weak ADX and neutral momentum create perfect conditions for altcoin outperformance while Ethereum’s technical strength suggests the second-largest crypto could lead any broader altcoin rally. If the typical red September to green October pattern repeats this year, the last quarter could act as a catalyst for a full-scale altcoin season.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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August 28, 2025 0 comments