A Dogecoin (DOGE) price breakout past its previous All-Time High (ATH) price is gradually becoming possible amid the current market setup. While still tied in a long-drawn consolidation, a potential breakout is ahead for the memecoin, according to predictions from market analysts.
Dogecoin Price and Open Interest Outlook
As of this writing, DOGE’s price has changed hands for $0.1569, which has increased by 3.3% in the past 24 hours. This price trend is a testament to how resilient the DOGE price is, having traded at a low spot value of $0.1532. The memecoin has traded at a very close range during this period.
The current DOGE outlook shows a bullish trend in the futures market as showcased by Open Interest data. Data from Coinglass pegs the total Dogecoin committed to the futures market at 9.87 billion DOGE. This was valued at $1.54 billion and has skyrocketed by more than 5% in 24 hours.
Top crypto exchanges like Binance, OKX, and Bybit saw the highest DOGE open interest record. While the price traded at a relatively close range, the open interest commitment proves that traders with leverage are betting on the asset.
DOGE Price to $5.6?
Optimism trails Dogecoin, despite its spot value now trading down 78.71% from its ATH of $0.7376. Market analyst Dogedog told his more than 58,600 followers on X that the price of DOGE is heading to $5.6.
While Dogegod did not provide a timeline or much context for his prediction, he highlighted how the memecoin breaks falling wedges. The analyst is not alone in his projection for the coin, as an earlier DOGE price analysis, Ali Martinez, predicted a $0.29 rally for the asset in the near term.
Although this price trend is not unrealistic, the broader market slowdown may serve as a bottleneck. Key performance metrics already tipped the Dogecoin price in line for a short-term breakout. With trading volume up 6% to more than $586 million as of writing, retail interest in the coin has further skyrocketed.
Dogecoin remains the lead among altcoins being considered for an exchange-traded fund (ETF) product. As reported earlier by CoinGape, 21Shares filed for a spot Dogecoin ETF, the latest asset manager to make the move. The belief is that an approval can usher in institutional funds, which can help fuel the coin’s price growth.
Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development.
The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.
Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.
Brand Refresh: From Visual Upgrade to Strategic Evolution
As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength.
It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.
This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility.
The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.
In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.
Strategic Leap: Building the “Next-Generation Crypto Exchange”
Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:
Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.
Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.
Global Compliance Footprint: Expanding with Purpose
Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.
In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets.
It is a testament to its long-standing commitment to security, transparency, and user protection.
With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community.
Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.
Disclaimer:
The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.
Sygnum’s off-exchange custody platform allows traders to mirror assets held in Sygnum’s custody while trading on an exchange like Deribit.
Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit, providing its off-exchange custody platform, Sygnum Protect.
On March 5, Sygnum announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto.
This integration enables institutional Deribit traders to hold their assets in Sygnum’s institutional-grade custody while accessing Deribit’s broad trading offering and liquidity.
GRVT co-founder Hong Yea left behind a rising executive career at Goldman Sachs to launch a hybrid crypto exchange as the market collapsed.
Four months after the mainnet, it has processed over $5 billion in volume. Yea tells BeInCrypto how his Wall Street roots helped engineer a decentralized trading powerhouse.
A Leap of Conviction in a Market on Fire
When Hong Yea left a decade-long career at Goldman Sachs, where he had risen to executive director, crypto markets were in freefall. It was late 2022, and FTX had just collapsed.
Confidence in centralized platforms had evaporated. But for Yea, the implosion was not a deterrent—it was validation.
“FTX crystallized our thesis. Centralized counterparties are single points of systemic failure. We saw that coming—and built GRVT to be the opposite,” Yea told BeInCrypto in an interview.
That conviction would be tested. While former colleagues moved toward managing director promotions and fatter bonuses, Yea built a next-gen exchange from scratch. One that would fuse institutional-grade speed and compliance with the decentralization ethos of Web3.
Today, just four months after its public mainnet launch, GRVT has processed over $5 billion in trading volume.
It is the first licensed decentralized exchange (DEX) under Bermuda’s Class M framework and one of the few platforms bridging Wall Street’s rigor with blockchain’s permissionless infrastructure.
Why a Goldman Exec Bet on Blockchain
For Yea, the pivot was not sudden. A trader by training, he spent years inside Goldman watching promising financial products die behind walled gardens.
“I saw brilliant tools and strategies that never reached beyond institutional silos. At the same time, DeFi lacked the risk controls, performance, and compliance needed to scale. I realized: if we could combine both worlds, we could unlock finance for everyone,” he explains.
The spark came at a 2022 crypto conference in Barcelona. Yea saw clearly that blockchain was not just speculative—it was a superior substrate for finance.
“It’s like a smarter internet. Not just for data, but for logic. Immutable, programmable, global. That’s what finance needs,” he articulates.
The Hybrid Advantage: CEX Speed Meets DEX Trustlessness
In the interview, Hong Yea presented GRVT as a purpose-built hybrid, not a traditional DEX or a centralized exchange with a Web3 gloss.
The platform, he said, separates matching and risk logic off-chain from settlement and custody on-chain. With this, users get the speed of centralized venues without ceding control of their assets.
“Every trade is executed with sub-millisecond latency, but settled on-chain via smart contracts that never touch user funds. It’s trustless execution at institutional speeds,” Hong Yea remarked.
Users sign trades cryptographically using SecureKey technology, which combines multi-party computation (MPC) with biometrics for maximum safety. At the same time, onboarding feels like Web2—email, password, 2FA.
Behind the scenes, GRVT’s zero-knowledge chain ensures privacy while keeping settlements transparent. Crucially, the platform allows users to instantly rehypothecate margin across markets—an edge even legacy prime brokerages rarely offer.
GRVT’s “CeDeFi” architecture combines off-chain order matching and risk management with on-chain self-custodial settlement using a private zk-powered Validium chain. It eliminates intermediaries, avoids on-chain custody fees, and enables users to maintain sole control of their assets.
“Trades execute in sub-millisecond latency but clear trustlessly in users’ own wallets,” Yea said.
This design directly targets the weaknesses of both CEXs and DEXs:
CEXs offer convenience and speed but force users to relinquish custody, introducing counterparty risk.
DEXs provide transparency and control but suffer from latency and fragmented liquidity.
GRVT bridges that divide. Users sign trades with biometrics via a SecureKey while all assets remain in their wallets.
“We blend Web2 login flows with cryptographic controls and one-click trade signing,” Yea explained. “It’s the speed of Binance with the self-custody of Uniswap—minus the trade-offs.”
$5 Billion in 120 Days With Regulation As The Blueprint
According to Hong Yea, GRVT’s explosive growth was engineered through raw performance, ecosystem incentives, and early partnerships. Its matching engine operates with latency under 10 milliseconds, outpacing Ethereum-based DEXs, Solana (SOL), and even newer Layer 2 solutions.
However, it is not just about speed. GRVT rewards market makers, community contributors, and liquidity providers, and creates a balanced, multi-stakeholder system.
Reportedly, more than 40 institutions, including CoinRoutes and top prime brokers, now trade on GRVT, injecting deep liquidity from day one.
Moreover, in a post-FTX playing field, the timing is opportune. Retail users demand transparency; institutions demand compliance. GRVT meets both demands without compromise.
“We’re not a niche. We’re a bridge. Retail wants safety, institutions want access. We offer a platform where both can trade on equal footing,” Yea added.
While most DEXs attempt to dodge regulation, GRVT leaned in. It became the world’s first licensed DEX under Bermuda’s Digital Asset framework.
“We treat compliance as code. Our chain enforces KYC and trade surveillance at the protocol level. That’s not just policy—it’s unbreakable,” Yea emphasized.
Reportedly, GRVT is now in active discussions with regulators across Asia, Europe, and North America, working toward multi-jurisdictional licensing for a globally compliant rollout. Yea believes this regulatory adoption is not a constraint but a critical enabler.
“Rules aren’t the enemy—they’re the gateway to institutional trust,” he stated.
Meanwhile, GRVT’s vision does not end with crypto trading. Yea sees a future where tokenized real-world assets (RWAs), including equities, funds, and institutional strategies, trade peer-to-peer (P2P) on a decentralized, composable platform.
“Wall Street is warming up. However, this time, they will come not to dominate, but to integrate,” Yea concluded.
Building long-term trust on a blockchain may seem like a leap for a trader who once priced risk in microseconds. However, for Hong Yea, it was a calculated trade—and so far, it is paying off.
