Dogecoin Community Exploration

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How a Defunct Exchange led Bitcoin Price to Slip Below $55K Bitnance (BTN) Token Presale Offers Binance Chain’s Bitcoin For 36-Cents Bitcoin Slumps 7% As Crypto Crash Triggers $588 Million Liquidations Amid Mt. Gox Selloff Fears Dogecoin Creator Breaks Silence As Bitcoin Loses $55,000 Bloodbath in Bitcoin and Altcoins: Below $54,000, $679 Million Evaporated! So what is the reason for the decline? Despite the Sharp Fall in Bitcoin, These Altcoins Are Making Profit for Their Investors!

Jul / 05
- How a Defunct Exchange led Bitcoin Price to Slip Below $55K
  
  Jul 05, 2024 at 06:49 pm The Crypto Times
  
  Following months of gains, Bitcoin has plunged below $55,000 for the first time in five months, attributed to the announcement of Mt. Gox repaying investors over $9 billion, leading to a significant market impact with altcoins also experiencing losses. Mt. Gox, once the largest Bitcoin exchange, experienced a hack in 2014, resulting in the loss of 850,000 Bitcoins. In 2024, it announced a plan to distribute over $9 billion worth of BTC and BCH to creditors, triggering a large-scale Bitcoin dump and contributing to the price downturn.
- Bitnance (BTN) Token Presale Offers Binance Chain’s Bitcoin For 36-Cents
  
  Jul 05, 2024 at 06:27 pm CoinGape
  
  Bitnance (BTN), a project aiming to become Binance Chain's value store, has gained traction during its presale. Inspired by Bitcoin's scarcity principles, investors anticipate BTN's potential as a value-storing asset. The accessible presale, with a hard cap of $2 million and a token price of $0.36, has attracted strong investor interest, raising close to $18,000. With a limited supply of 10.5 million tokens and the growing demand for decentralized value storage, BTN presents a compelling investment opportunity, offering the potential for substantial returns as digital currency evolves.
- Bitcoin Slumps 7% As Crypto Crash Triggers $588 Million Liquidations Amid Mt. Gox Selloff Fears
  
  Jul 05, 2024 at 05:16 pm InsideBitcoin News
  
  Amid a broader crypto market crash, Bitcoin plunged over 7% within 24 hours, triggering mass liquidations totaling over $588 million. Concerns over a potential sell-off from the defunct Mt. Gox exchange fueled the decline, with on-chain data indicating a significant BTC transfer from its cold storage wallets. Meme coins were heavily impacted, with Dogecoin, Shiba Inu, and others experiencing double-digit percentage losses. Investors seeking refuge from market volatility may explore presale tokens that offer protection from open market fluctuations.
- Dogecoin Creator Breaks Silence As Bitcoin Loses $55,000
  
  Jul 05, 2024 at 04:14 pm U_Today
  
  In light of Bitcoin's recent decline to $53,879, Billy Markus, co-creator of Dogecoin, has shared his perspective. Markus' commentary revolves around the idealized perception of Bitcoin as a symbol of freedom, which he believes erodes as the cryptocurrency's value fluctuates.
- Bloodbath in Bitcoin and Altcoins: Below $54,000, $679 Million Evaporated! So what is the reason for the decline?
  
  Jul 05, 2024 at 01:59 pm Bitcoin Sistemi EN
  
  Mt. Gox's resurfacing has sparked a dramatic decline in cryptocurrency prices, with Bitcoin dropping below $54,000 and altcoins facing substantial losses due to liquidation concerns related to the exchange's upcoming refunds. The movement of BTC to a new wallet has raised fears of intensified selling pressure, contributing to the market's plummet and heightened volatility, resulting in $679 million worth of liquidations in the past 24 hours.
- Despite the Sharp Fall in Bitcoin, These Altcoins Are Making Profit for Their Investors!
  
  Jul 05, 2024 at 02:03 am Bitcoin Sistemi
  
  Despite a general decline in the crypto market, memecoin investors are still profiting. According to IntoTheBlock data, a large percentage of Dogecoin (DOGE), Pepe Coin (PEPE), and MOG (MOG) holders remain in the green. MOG investors lead with 85.5% profitability, followed by PEPE with 78.53% and Floki Inu (FLOKI) with 78.41%. Dogecoin stands at 75% profitability, and even Shiba Inu (SHIB) shows resilience with 51.83% of investors still in profit.
- Anticipating Bitcoin’s Plummet to $53k: Understanding the Latest Plunge’s Implication
  
  Jul 05, 2024 at 01:19 am CoinEagle.com
  
  Bitcoin's price plummeted below $60,000 on July 4th, dragging down altcoins in its wake. Market sentiment turned bearish with Bitcoin's open interest dropping 3.5%, and technical analysis indicates a potential further decline to $53,000 if daily candle closes below $57,700. Altcoins like Ethereum, Solana, BNB, XRP, and Dogecoin faced significant price drops, ranging from 4.8% to 10% within 24 hours.

Jul / 04
- Dogecoin Co-Founder Lashes Out After Bitcoin Price Drops Below $58k
  
  Jul 04, 2024 at 06:59 pm CoinPedia News
  
  Bitcoin's price has plummeted by 5.33% in the past 24 hours, dropping from $63,940 to $57,166. Dogecoin co-founder Billy Markus has expressed frustration with the situation, tweeting "Dammit Bitcoin." The crypto community's response has been mixed, with some sharing their own experiences with the market downturn while others encouraging resilience. Factors contributing to the drop include aggressive liquidation of long positions and concerns raised by the Federal Reserve.
- Bitcoin Price Falls Below $58,000: When Can We Expect Market Growth? Opinion of ALTA - Blockchain Lab Analysts
  
  Jul 04, 2024 at 07:21 pm coinfactiva.com
  
  Bitcoin has declined by 4% within 24 hours amid political uncertainty in the U.S. and concerns about cryptocurrency sell-offs by Mt. Gox clients, dropping to $57,837.7 on Bitget. The cryptocurrency has fallen by 22.1% since reaching its all-time high of $73,737.94 on March 14, 2024. Analysts predict that most Mt. Gox payouts will occur in July, leading to further Bitcoin price declines.
- Samson Mow Reveals What's Happening to Bitcoin As It Drops Towards $57,000
  
  Jul 04, 2024 at 06:04 pm U_Today
  
  Despite a recent 4.46% Bitcoin price correction, industry experts remain optimistic. Samson Mow of JAN3 highlights a positive perspective, suggesting that whales are actively purchasing during the dips. Whale Alert has detected significant Bitcoin transactions between anonymous wallets, indicating potential accumulation.

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