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The cryptocurrency market is displaying a mix of trends with Bitcoin retracting from its $68,000 peak down to the $65,000 territory, while Dogecoin (DOGE) holds steady at an encouraging $0.15 level. The resilience of Dogecoin contrasts with the overall altcoin market, which has seen significant fluctuations. Investor sentiment appears buoyed by Bitcoin’s recent surge, but cautiousness prevails in the short-term.

加密貨幣市場呈現出多種趨勢，比特幣從 68,000 美元的峰值回落至 65,000 美元的區域，而狗狗幣 (DOGE) 則穩定在令人鼓舞的 0.15 美元水平。狗狗幣的彈性與整個山寨幣市場形成鮮明對比，整個山寨幣市場出現了大幅波動。比特幣近期的飆升似乎提振了投資者的情緒，但短期內仍持謹慎態度。

DOGE’s Remarkable Climb and Coinbase’s Influence

DOGE 的顯著攀升和 Coinbase 的影響力

Dogecoin, which had been stable at $0.08 for an extended period, has seen a notable increase in value. Part of this surge can be attributed to Coinbase‘s consideration of introducing futures for Dogecoin, alongside Litecoin and Bitcoin Cash. A letter from Coinbase Derivatives to the Commodity Futures Trading Commission (CFTC) on March 7 reveals intentions to launch a DOGE futures contract. The exchange intends to list this contract under a regulation that allows for self-certification, thereby bypassing formal CFTC approval.

狗狗幣長期穩定在 0.08 美元，現在價值顯著上漲。激增的部分原因可歸因於 Coinbase 考慮與萊特幣和比特幣現金一起推出狗狗幣期貨。 3 月 7 日，Coinbase Derivatives 致商品期貨交易委員會 (CFTC) 的一封信透露了推出 DOGE 期貨合約的意向。該交易所打算根據允許自我認證的法規列出該合約，從而繞過 CFTC 的正式批准。

Anticipations for DOGE Futures and Market Movements

對 DOGE 期貨和市場走勢的預期

Coinbase’s proposed April 1st rollout for DOGE futures has the market’s attention, as the lack of objection from the CFTC would classify DOGE as a commodity, possibly shielding it from Securities and Exchange Commission (SEC) scrutiny. The crypto-friendly stance of the CFTC could foster a significant price boost for DOGE over the next few days. In anticipation of this, open positions in crypto futures have exceeded $1 billion, with a marked uptick in transactions from DOGE whales. Mining reserves have plunged to a three-year low, signaling increased activity from large holders. This heightened whale activity has historically correlated with price increases, hinting at potential new highs for DOGE.

Coinbase 提議於 4 月 1 日推出 DOGE 期貨引起了市場的關注，因為如果沒有 CFTC 的反對，DOGE 將被歸類為商品，可能會使其免受美國證券交易委員會 (SEC) 的審查。 CFTC 對加密貨幣友善的立場可能會在未來幾天內促進 DOGE 價格的大幅上漲。預計到這一點，加密貨幣期貨的未平倉部位已超過 10 億美元，其中 DOGE 鯨魚的交易量顯著增加。礦業儲量已跌至三年來的最低點，顯示大型持有者的活動增加。從歷史上看，這種鯨魚活動的增加與價格上漲有關，暗示著 DOGE 可能會創下新高。

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