Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
Bitcoin Miners dump over $450 million in a day
Bitmain Launches Future Sale of New AntMiner L7 for LTC and DOGE Mining
Dogecoin Miners’ Significant Sales and Its Impact on Price Dynamics
Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?
Is Dogecoin Facing a Sell-Off? 10 Billion DOGE Set to Enter Profit Zone
Is Elon Musk the Secret Godfather of Dogecoin? Unveiling the Billionaire’s Covert Ties to DOGE
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Jan / 18
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- Bitcoin Miners dump over $450 million in a day
- Jan 17, 2024 at 11:04 pm TheBitTimes
- In late 2023, after enduring countless challenges and even facing bankruptcy, Bitcoin (BTC) miners finally found solace in a remarkable rally in the price of the world's leading cryptocurrency. However, the New Year brought about a new trend for these miners, as they began to dump their cryptocurrency on a daily basis. According to Ali Martinez, a well-known crypto expert, as of January 17, miners have sold an astounding 10,600 BTC, equivalent to approximately $452 million. This sudden surge in selling activity by miners has caught the attention of the market, leading to speculation about their motives and the potential impact on Bitcoin's price. The BTC miner reserve chart provided by @ali_charts offers valuable insights into this significant development.
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Jan / 15
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- Bitmain Launches Future Sale of New AntMiner L7 for LTC and DOGE Mining
- Jan 15, 2024 at 09:04 pm Ultramining_Eng
- Bitmain, a leading provider in cryptocurrency mining technology, will commence sales of its highly anticipated Antminer L7 on January 15th at 9:00 AM (EST). This cutting-edge miner is specifically designed for mining Litecoin (LTC) and Dogecoin (DOGE), offering exceptional specifications including a hashrate of 9,050M, power efficiency of 0.36J/M, and power consumption of 3,258 watts. With an initial cost of $0.71 per megahash and flexible payment options requiring only a 20% down payment, the Antminer L7 aims to appeal to a wide range of miners. Shipping is scheduled from April 25th to May 25th.
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Dec / 16
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- Dogecoin Miners’ Significant Sales and Its Impact on Price Dynamics
- Dec 16, 2023 at 06:34 am COINTURK NEWS
- Dogecoin miners' sales had a significant impact on the price dynamics of the cryptocurrency. As Dogecoin joined the market recovery, its price surged to $0.107 in December. However, recent data shows that miners actively sold their assets during this period of growth. By December 12, their total reserves had dropped from 4.67 billion DOGE to 4.4 billion DOGE. This highlights the influence of miners' sales on the overall price dynamics of Dogecoin.
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- Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?
- Dec 16, 2023 at 02:04 am NewsBTC
- Dogecoin's recovery in October, along with the rest of the crypto market, saw its price surge to a local peak of $0.107 by December. However, the recent decline in the asset's price can be attributed to Dogecoin miners who have been selling off a significant amount of their holdings, dumping $25 million worth of tokens. As some of the largest holders of DOGE, their activities have had a bearish effect on the price, hindering its recovery process.
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Nov / 10
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- Is Dogecoin Facing a Sell-Off? 10 Billion DOGE Set to Enter Profit Zone
- Nov 10, 2023 at 07:18 am COINTURK NEWS
- Dogecoin could face a potential sell-off due to a large number of coins nearing a profit point at $0.17. If the price surpasses this level, it could trigger holders to sell for profit, potentially leading to a price drop. However, analysts remain bullish on Dogecoin, predicting significant gains in 2024, suggesting that the coin has room for growth beyond the current price point.
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Oct / 16
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- Is Elon Musk the Secret Godfather of Dogecoin? Unveiling the Billionaire’s Covert Ties to DOGE
- Oct 16, 2023 at 12:17 am TheBitTimes
- Elon Musk, the billionaire tech godfather, has been secretly funding the development of Dogecoin, unveiling covert ties to the meme-based crypto. In a surprising twist, Musk, who openly endorsed Dogecoin and even announced Tesla's acceptance of it, distanced himself from the Dogecoin Foundation. The Wall Street Journal's recent report sheds light on this clandestine partnership, adding another fascinating chapter to Musk's rollercoaster connection with Doge.
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Sep / 18
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- How Miners Can Mine Crypto Using A Mining Platform
- Sep 18, 2023 at 08:00 am Thecoinrepublic.com
- Mining is a lucrative method for investors and miners to earn cryptocurrencies. This article explores the crypto applications that miners should utilize and how they operate. Cryptocurrency coins, like Bitcoins, are mined by investors to acquire these digital assets. Mining Bitcoin is a complex process that requires software, hardware computers, and a strong internet connection. Additionally, an exchange wallet is necessary to store the earned cryptocurrencies. This article delves into the various platforms where miners can mine these cryptos.
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Sep / 12
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- Dogecoin (DOGE) Flashes Signs of Strength With Miners Accumulating $56 Million – Here’s the Ideal Buy Zone
- Sep 12, 2023 at 05:00 pm CaptainAltcoin
- Despite the recent cryptocurrency market downturn, Dogecoin (DOGE) has shown remarkable resilience. Last week, DOGE only experienced a modest 4% decrease, outperforming other popular altcoins like XRP, Solana (SOL), and Polygon (MATIC). Technical indicators for DOGE are mixed, as it previously broke out from a Falling Wedge pattern, reaching $0.080 with a 30% gain. However, it has since retraced, falling below its 200-day moving average and a critical support level. Investors are now eagerly watching for signs of strength, as miners are accumulating DOGE, making it an ideal buy zone.
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