Eine neue Umfrage von Bitget zeigt, dass europäische Touristen Kryptowährungen im Urlaub nutzen möchten. Die Tourismusbranche, insbesondere in Deutschland, hat jedoch bei der Digitalisierung Nachholbedarf.
Bitcoin (BTC) auf 150.000 US-Dollar: Dann Bärenmarkt?
Die Warnung von Steven McClurg, CEO von Canary Capital, vor einem Bärenmarkt kommt zu einem Zeitpunkt, an dem andere Führungskräfte der Branche nicht mit einem stärkeren Rückgang für Bitcoin in naher Zukunft rechnen.
Solana-Kursanalyse: Rekord & Crash – was kommt jetzt?
Gleichzeitig gibt es bei Solana aktuell einen Rekord und eine deutliche Korrektur. Was könnte jetzt für SOL folgen?
Dogecoin price falls to $0.22 after pattern breakdown
- Dogecoin price is down 5% in 24 hours to hover near $0.22.
- The DOGE price movement is similar to that of most altcoins that are seeing profit-taking.
- Analysts are bullish on DOGE as whale accumulation continues.
Dogecoin (DOGE) has experienced a slight decline in the past 24 hours, dropping to lows of $0.22 amid a technical pattern breakdown.
The top memecoin’s price movement mirrors the broader cryptocurrency market’s price action in the past few days.
Bitcoin dipping to below $117k and Ethereum paring gains from near its all-time high buoyed bears.
While profit taking is driving current downside pressure, analysts are bullish on Dogecoin amid whale accumulation, spot ETF anticipation and long-term crypto trajectory.
Dogecoin price dips amid profit-taking
The latest decline in Dogecoin’s price has seen it breach a critical support level, driven by profit-taking and overall investor uncertainty.
DOGE reached highs of $0.24 as bulls attempted a breakout after an uptick from lows of $0.21 in the past week.
But as investors, wary of macroeconomic uncertainties, took profits, the top memecoin’s price dropped from above $0.24.
The move aligns with a rising wedge breakdown, which has accelerated the downturn to the support level around $0.22.
Bulls could face more pressure towards the psychological $0.20 area.
Despite the bearish price action, on-chain data reveals large investors are buying the dip.
Whale wallets, which have historically scooped DOGE amid price dips, have added to their portfolios.
Aggressive buying by whales has seen such wallets approach 100 billion DOGE in the past few weeks, the trend picking up momentum in the latest dip.
This is an outlook that could help DOGE price higher.
However, the memecoin is likely to hit the rocks if the Dogecoin network suffers a setback from a potential 51% attack, which could undermine network integrity if executed.
DOGE price prediction
The technical outlook for Dogecoin remains largely bullish, despite its notable dip in the past 24 hours.
However, losses have compounded to more than 12% in the past month, and the breakdown below $0.23, a critical threshold, has opened the door to further downside risks.
DOGE has, on multiple occasions, failed to convincingly break above the $0.24 mark.
With this supply wall helping to repeatedly cap Dogecoin’s upward potential, bears have tried to take advantage.
The breakdown of the rising wedge means the next target could be $0.20 or below.
Broader market conditions deteriorating will embolden bears.
Conversely, bullish signs that could help bulls include the recently formed golden cross and whale activity.
The technical indicators on the daily chart also show that DOGE is above the middle line of the Bollinger Bands, and the MACD is also holding onto the bullish picture.
Daily RSI is suggesting extended pressure, though.
If buyers reclaim the $0.23 level, a retest of $0.40 and $0.65 is possible. Analysts say a breakout to $1 in 2025 is still possible.
The post Dogecoin price falls to $0.22 after pattern breakdown appeared first on CoinJournal.
Metaplanet adds 775 Bitcoin to treasury amid market pullback
- Simon Gerovich said the company acquired the bitcoins at an average cost of $120,006 each.
- Metaplanet began implementing its Bitcoin accumulation strategy in April 2024.
- With the latest purchase, Metaplanet’s total bitcoin holdings have risen to 18,888 BTC, valued at about $1.94 billion.
Metaplanet, a Japanese Bitcoin treasury company, has purchased an additional 775 BTC for roughly $93 million as part of its ongoing accumulation strategy.
The firm disclosed the latest acquisition on Monday through a post by its president, Simon Gerovich, on X.
Gerovich said the company acquired the bitcoins at an average cost of $120,006 each.
With the latest purchase, Metaplanet’s total bitcoin holdings have risen to 18,888 BTC, valued at about $1.94 billion.
The firm’s average purchase price now stands at $102,653 per bitcoin.
Metaplanet began implementing its Bitcoin accumulation strategy in April 2024.
The firm is currently the seventh-largest holder of Bitcoin globally, according to Bitcointreasuries data.
In his post announcing the milestone, Gerovich noted the company’s growing treasury position and reaffirmed its commitment to the strategy.
Metaplanet’s Q2 results
The company also released its second-quarter financial results last week.
Total revenue reached 1.2 billion yen ($8.4 million), representing a 41% increase from the previous quarter.
Net income swung to a profit of 11.1 billion yen ($75.1 million), compared to a net loss of 5 billion yen ($34.2 million) in the first quarter.
Metaplanet said it continues to project full-year revenue of 3.4 billion yen and operating profit of 2.5 billion yen.
The company attributed this outlook to recurring income from cash-secured put premiums and its operational performance.
Metaplanet stock under pressure
Despite the upbeat earnings and treasury expansion, Metaplanet’s stock price fell 8.6% on Friday to close at 866 yen.
On Monday, shares recovered slightly, rising 0.6% around midday in Japan, while markets were still open.
Addressing the recent weakness, Gerovich acknowledged the disappointment among investors but stressed confidence in the company’s long-term approach.
I hear the disappointment in the recent pullback. It’s natural to feel that way. But what gives us conviction is the foundation we are building. Let’s review the milestones we’ve reached together, because over time fundamentals prevail. pic.twitter.com/rw3WNa2FRB
— Simon Gerovich (@gerovich) August 17, 2025
He said the firm’s bitcoin income generation business has expanded for three consecutive quarters, adding that recurring income provides resilience and flexibility to support future financing and treasury operations.
Bitcoin price today
The latest acquisition comes as bitcoin’s price faces volatility.
The world’s largest cryptocurrency touched a new all-time high of $124,474 last Thursday before retreating 4% the same day.
Over the weekend, it traded around the $117,300 level and was slightly lower at the start of the week, nearing key support at $116,000.
If Bitcoin closes below that level, analysts note that the decline could extend toward its 50-day Exponential Moving Average of $115,031.
A further break below could test the next support zone near $111,980.
The post Metaplanet adds 775 Bitcoin to treasury amid market pullback appeared first on CoinJournal.