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A bullish falling wedge pattern appeared on Dogecoin’s chart, and a breakout could allow it to retest its April highs. Both Dogecoin’s weekly and daily charts were painted green. Whales were dominant in the market, but a key indicator turned bearish. As the market turned bullish, several cryptos showed commendable performance, and Dogecoin [DOGE] was one of them. In the meantime, AMBCrypto found a bullish pattern on the memecoin’s chart, which could soon result in yet another bull rally. Dogecoin’s promising performance CoinMarketCap’s data revealed that DOGE was among the handful of cryptos that managed to pain their weekly charts green as DOGE was up by over 2%. Things got even better in the past 24 hours as the world’s largest memecoin’s price surged by over 5%. At the time of writing, DOGE was trading at $0.1096 with a market capitalization of more than $15.9 billion. Thanks to the memecoin’s bull rally last week, its weighted sentiment remained in the positive zone for the majority of the days. This meant that bullish sentiment around Dogecoin was dominant. Its social volume also remained relatively high last week, reflecting its popularity in the crypto space. While DOGE’s price gained upward momentum, AMBCrypto found a bullish falling wedge pattern on its chart. The pattern emerged in April, and since then DOGE’s price has been consolidating inside it. In case of a bullish breakout, DOGE might retouch its April high in the coming weeks $XRP $BTC
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Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023 Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. The crypto exchange noted that the vast majority of these recoveries and freezes i.e. approximately 80% are related to hacks, exploits, and thefts happening externally. The remaining 20% are associated with scams taking place outside the Binance platform. Binance’s Chief Security Officer highlighted the company’s commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds. $SOL
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In Case You Missed It: The World's Biggest Oil Company Saudi aramco Generated $56B In Profits More Than NVIDIA, Meta & Tesla Combined While investors wait Patiently for any significant Al Profits from the Magnificient 7 and other Players, the Middle Eastern oil juggernaut keeps on Printing cash. aramco will also Pay a tasty $31B in dividends this quarter ($124B this year) to shareholders. A major recipient is the Saudi government, which is using the oil Profits to finance their ambitious Vision 2030. To Put this into Perspective, aramco generated more Profits than Nvidia, Meta & Tesla combined. Also more than Al giants Microsoft & APPle. Turns out People still need oil, who knew? Money Printer.
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#BTCMarketPanic
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PEPE Whale Sells 400B Tokens, Earns $5.85M Profit $PEPE
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