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Dogecoin Price Faces Profit-Taking Risk—One Key Level Could Decide Its Next Move

The crypto market has been showing signs of strength lately, and Dogecoin hasn’t been left out. The meme coin has jumped more than 16% in the past week, but over the last day, it’s been moving sideways.

Some on-chain and chart signals suggest sellers could be gearing up to take profits, leading to a short-term pause or pullback. Whether DOGE can keep climbing or start slipping could all come down to one critical support level.

Profit-Taking Pressure Builds, Inflows Back It Up

The percentage of addresses in profit for DOGE recently touched about 84%; the same level seen on July 27 before the price dropped from $0.24 to $0.19 in just a week. Historically, when too many holders are in profit, some tend to cash out.

Dogecoin price and percent of addresses in profit:
Dogecoin price and percent of addresses in profit: Glassnode

Backing this up, exchange spot netflow has flipped from –$52 million on August 10 to +$2.7 million on August 11. More DOGE is moving into exchanges, often a sign that traders are preparing to sell.

DOGE spot inflows increasing
DOGE spot inflows increasing: Coinglass

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

SOPR Hints At A Cooling-Off, Led By Profit-Takers

The Spent Output Profit Ratio (SOPR) shows whether coins are being sold at a profit or loss. A reading above 1.0 means holders are taking profits.

Dogecoin price and increasing SOPR
Dogecoin price and increasing SOPR: Glassnode

On August 10, DOGE’s SOPR climbed to 1.045, close to the levels seen in late July, which was followed by quick pullbacks. It’s a sign the market could be near another short-term cooling-off point. Plus, an increasing SOPR aligns with the sell-based narrative.

Key Level On The Chart Could Decide What’s Next For Dogecoin Price

On the 4-hour chart, the DOGE price is hovering near $0.235, just under the falling trendline of a descending triangle pattern. This setup often leans bearish in shorter time frames, hinting at consolidation and not a breakdown.

The Fibonacci levels act as the base of the descending triangle, showing up as key support levels. Dogecoin price has broken past several levels aligned with the $0.23 mark. If $0.235 breaks, traders might have to watch for the following hints:

Dogecoin price analysis
Dogecoin price analysis: TradingView
  • Support to watch: $0.22 — This level has held strong before. If it holds again, buyers may step in.
  • If it breaks, the Dogecoin price could slip lower.
  • Upside trigger: Clearing $0.24–$0.246 would break the triangle and give bulls another shot at $0.25+.

Breaking past $0.24 would invalidate the bearish triangle and keep the bullish momentum ongoing. For now, $0.22 is the line in the sand that could decide if DOGE keeps rallying or sees more red candles.

The post Dogecoin Price Faces Profit-Taking Risk—One Key Level Could Decide Its Next Move appeared first on BeInCrypto.

3 Made In USA Coins to Watch for the Second Week of August

The US CPI data scheduled to be released this week will be a key moment for the crypto market, as it could impact the tokens for good or for worse. Some crypto tokens that have been noting bullshness this past week might manage to stay afloat or even continue rallying.

In line with this, BeInCrypto has analysed three Made in USA coins for investors to watch.

Stacks (STX)

STX price has risen 11.5% over the past week, signaling a shift from bearish to bullish. While the rally hasn’t been dramatic, the Parabolic SAR indicator is currently sitting beneath the candlesticks, showing an uptrend.

This shift indicates that the altcoin may be preparing for further upward movement.

The bullish momentum could help STX push past the $0.778 resistance level, potentially reaching the next resistance at $0.847. This would mark a multi-week high and strengthen the case for further growth.

A successful breakout above this resistance could lead to increased buying pressure and continued upward movement.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

STX Price Analysis.
STX Price Analysis. Source: TradingView

However, if STX fails to breach the $0.778 resistance, it may face downward pressure. A break below the $0.740 support level could signal a reversal, with STX dropping to $0.691.

Such a move would invalidate the current bullish outlook, signaling a potential decline in price.

Aerodrome Finance (AERO)

AERO price has risen 51% over the past week, currently trading at $1.17. The altcoin is facing resistance at $1.21, a level it has yet to breach.

A successful breakout above this resistance could signal continued upward momentum, but the market remains cautious at this key level.

The exponential moving averages (EMAs) formed a Golden Cross towards the end of July, signaling bullish momentum. This technical pattern could drive AERO past the $1.21 resistance, aiming for $1.35.

AERO Price Analysis.
AERO Price Analysis. Source: TradingView

However, if AERO fails to break through $1.21, the altcoin could decline. Failure to breach this resistance could lead the price back down to $1.00, erasing recent gains.

Such a move would invalidate the current bullish outlook, signaling a potential reversal in price direction.

Lumia (LUMIA)

LUMIA has posted a 28% rise in the last seven days, moving from $0.288 to $0.369. The altcoin has emerged as one of the best-performing Made in USA coins, attracting investor attention.

This recent surge indicates strong market interest and potential for further growth in the short term.

Currently, LUMIA is facing resistance at the $0.370 level. The Ichimoku Cloud shows bullish momentum gaining strength, which could be pivotal for breaking through this barrier.

If LUMIA can surpass $0.370, it could target the next resistance at $0.385, continuing its upward trend and maintaining positive momentum.

LUMIA Price Analysis.
LUMIA Price Analysis. Source: TradingView

However, if the US Consumer Price Index (CPI) report is disappointing, LUMIA’s price may face downward pressure. A failure to hold above $0.370 could lead to a drop to $0.346 or below, erasing recent gains. Such a shift would invalidate the bullish thesis, signaling a possible market correction.

The post 3 Made In USA Coins to Watch for the Second Week of August appeared first on BeInCrypto.

BNB Treasury firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder

Nasdaq-listed CEA Industries (BNC) acquired a massive 200,000 Binance Coins worth $160 million earlier, thereby becoming the largest BNB Treasury firm. This is the first of the $500 million in planned investments into BNB coin. 10x Capital, in partnership with CZ-backed YZi Labs, is leading this initiative to help CEA build its own BNB reserves.

The post BNB Treasury firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder appeared first on CoinGape.

“ETH Can Flip BTC In A Year”, Claims Co-Founder Joseph Lubin As Ethereum Overtakes Mastercard And Netflix

Ethereum’s bold move to $4,300 and 21% weekly rally has taken its market cap over $520 billion, overtaking top corporate giants like Mastercard, Netflix, and Exxon Mobil. This makes ETH the 22nd largest asset in the market following the strong ETH price rally in July. Market analysts are hopeful of further upside, as ETH challenges

The post “ETH Can Flip BTC In A Year”, Claims Co-Founder Joseph Lubin As Ethereum Overtakes Mastercard And Netflix appeared first on CoinGape.

$450M in Crypto Tokens Set to Flood Market This Week

Aptos Price Hits New Highs in June 2025—Is it the Right Time to Buy APT?

The post $450M in Crypto Tokens Set to Flood Market This Week appeared first on Coinpedia Fintech News

A wave of new token unlocks is starting from August 11 and will continue to August 18th. This will likely affect the market by changing the supply dynamics. Usually, large token unlocks tend to cause sharp, short-term price fluctuations and increased trading volume, and it can also lead to extreme price volatility. 

Millions of New Tokens Unlocks in August 

According to Tokenomist, in the next seven days, major cryptocurrencies like Aptos, Arbitrum, and Avalanche will undergo scheduled token unlocks. 

  • Fasttoken: FTN is releasing approximately 20 million tokens, valued at around $91.80 million. 
  • Cheelee: CHEEL is releasing approximately 20 million tokens,  valued at around $91.90 million. 
  • Connex: CONX is releasing approximately 2.32 million tokens, valued at around $54.81 million. 
  • Aptos: APT will release approximately 11. 31 million tokens, valued at around $53.72 million 
  • Arbitrum: ARB will release approximately 92.65 million tokens, valued at around $43.38 million. 
  • Avalanche: AVAX will release approximately 1.65 million tokens, valued at around $40.15 million. 
  • Sei: SEI will release approximately 55.56 million tokens, valued at around $18.13 million.  
  • Starknet: STRK will release approximately 127 million tokens, valued at around $17.60 million. 
  • Solayer: LAYER will release approximately 27.2 million tokens, valued at around $17.33 million. 
  • CYBER: CYBER will release approximately 1.99 million tokens, valued at around $10.55 million. 
  • ZKsynk: ZK will release approximately 17.08 million tokens, valued at around $10.16 million. 
  • ApeCoin: APE will release approximately 15.60 million tokens, valued at around $9.83 million. 

Various other tokens like Melania Meme, io.net, Onyxcoin, Solv Protocol, Oasis, etc. will each unlock millions of tokens.

What Will be the Impact on the Crypto Market? 

The scale of a token unlock directly affects the crypto market. Larger unlocks, especially those exceeding 5% of the total supply, tend to trigger more pronounced price drops and heightened volatility.

A rise in available tokens could lower prices if demand doesn’t grow at the same rate, as it happened with the Pi coins. It can also shape the investor’s sentiment and market trend, depending on how the tokens are used, held, sold, or invested. 

The post $450M in Crypto Tokens Set to Flood Market This Week appeared first on Coinpedia Fintech News
A wave of new token unlocks is starting from August 11 and will continue to August 18th. This will likely affect the market by changing the supply dynamics. Usually, large token unlocks tend to cause sharp, short-term price fluctuations and increased trading volume, and it can also lead to extreme price volatility.  Millions of New …

“No One Wants ETH in the Long Run”: Samson Mow Warns of Brutal Ethereum Dump Ahead 

Analysts Predict Massive Ethereum Bull Run, Targeting $10K–$16K

The post “No One Wants ETH in the Long Run”: Samson Mow Warns of Brutal Ethereum Dump Ahead  appeared first on Coinpedia Fintech News

Crypto markets kicked off the week strong, but it’s been especially sweet for Ethereum! 

ETH has gained tremendous momentum over the past few weeks and recently crossed the crucial $4,000 mark after 8 long months. More institutions are stacking up Ethereum in their treasuries, which shows rising confidence in its long-term value. 

Co-founder Vitalik Buterin has recently proposed EIP-7999, a game-changing upgrade that simplifies Ethereum’s fee structure by allowing users to set a single maximum fee for transactions, boosting optimism around the network. 

While many are excited about ETH’s potential, a critical few remain skeptical. Here’s Samson Mow’s brutal take. 

Samson Mow Warns of ETH Pump-and-Dump

Not everyone is buying the hype around Ethereum. Samson Mow, CEO of JAN3, says the recent ETH rally is driven by Bitcoin whales, many early ETH insiders, rotating BTC into Ethereum to pump new narratives like “Ethereum treasury companies.” 

Once prices peak, they will sell ETH to new buyers, creating fresh bagholders before moving gains back to Bitcoin. In his words, “no one wants ETH in the long run,” and investors should plan accordingly.

He also believes that Ethereum will struggle to break its ATH as selling pressure rises, and added that it has long been used mainly to accumulate Bitcoin since the ICO era.

Will Ethereum Bring Altcoin Season Soon? 

Ethereum supporter Anthony Sassano called Mow an “old school Bitcoin maxi” and dismissed the criticism. He says that this criticism actually highlights Ethereum’s strength and signals positive growth ahead. 

Likewise, many analysts remain bullish on ETH. Fundstrat’s Tom Lee says that Ethereum is having its “2017 Bitcoin moment” and could even flip the world’s leading cryptocurrency eventually. 

Analyst Ali Martinez says that it’s not a market top yet for ETH as MVRV metrics show there’s still room to run. He notes Ethereum’s net capital change has just surpassed Bitcoin’s, calling it the clearest sign that altcoin season has officially arrived.

Investor Ted Pillows expects a market rotation ahead. He sees Ethereum breaking its ATH and sparking an altcoin rally, then money moving to BTC toward $140K. In the final phase, he sees ETH and altcoins rising again in a euphoric finish.

Key Levels to Watch for Ethereum 

Michael van de Poppe notes that Bitcoin is nearing a new all-time high but expects a pullback before moving higher. Such a move could trigger a sharp dip in altcoins. While Ethereum has strong momentum and could continue upward in the coming months, he warns it may stall after the recent surge.

For Ethereum, the levels to watch are $4,100 and $3,950. Losing these could lead to further downside.

Both Bitcoin and Ethereum are at crucial points. The next few weeks will reveal whether this is the start of a lasting rally or the setup for a market correction. 

The post “No One Wants ETH in the Long Run”: Samson Mow Warns of Brutal Ethereum Dump Ahead  appeared first on Coinpedia Fintech News
Crypto markets kicked off the week strong, but it’s been especially sweet for Ethereum!  ETH has gained tremendous momentum over the past few weeks and recently crossed the crucial $4,000 mark after 8 long months. More institutions are stacking up Ethereum in their treasuries, which shows rising confidence in its long-term value.  Co-founder Vitalik Buterin …

Bitcoin Nears Record High as Analysts Predict $130K Breakout Ahead of Key CPI Data

Satsuma Technology Raises $217.6M in Bitcoin-Backed Funding Round

The post Bitcoin Nears Record High as Analysts Predict $130K Breakout Ahead of Key CPI Data appeared first on Coinpedia Fintech News

Monday has brought a bullish surge for Bitcoin, with the entire crypto market trading in the green. The world’s largest cryptocurrency jumped 3.5% in the last 24 hours, lifting its market value to $2.42 trillion.

Now, all eyes are on BTC as it nears an all-time high, with analysts eyeing a push toward $130K in this post-halving year ahead of the U.S. CPI report.

Bitcoin Nears All-Time High

Bitcoin kicked off the week on a strong note, climbing 5% to reach $122,000. The rally followed US President Donald Trump’s order allowing retirement savings plans, like 401(k)s, to invest in alternative assets, including cryptocurrencies.

This policy shift sparked a surge in US Bitcoin ETF inflows, marking three consecutive days of gains. On August 8 alone, BTC ETFs saw a record $403.9 million in inflows, led by BlackRock, Fidelity, and Grayscale.

On chain data suggest shows that trading activity is heating up. More investors are betting on higher Bitcoin prices, with open interest, the total number of active futures contracts, rising by 7,834 BTC.

Post-Halving Trends Point BTC Toward $130K

While bitcoin is seeing a bullish rally, analysts are optimistic about Bitcoin’s outlook because 2025 is a post-halving year, a period that has historically brought big rallies. 

According to crypto analyst Benjamin Cowen, BTC tends to climb in July and August after each halving, sometimes pulling back in September before rally strongly again later in the year. As of now, Bitcoin is trading just under its all-time high of $123,000. 

Meanwhile, BTC bullish chart signals, like the “Golden Cross,” suggest the price could push toward $130,000 or even higher if the current momentum holds.

CPI Data Expected to Rise 

Looking ahead, all eyes are on the upcoming US inflation reports on 12th august and Producer Price Index (PPI) due this week. Economists expect July’s CPI to rise to 2.8%, up from 2.6% in June, partly because of new tariffs introduced under Trump.

Higher inflation often drives investors toward assets like Bitcoin, which is seen by some as a “safe haven.” If inflation comes in high, demand for Bitcoin could increase even further.

Meanwhile, markets currently see a strong chance of two rate cuts in September, with the possibility of even bigger cuts gaining traction.

The post Bitcoin Nears Record High as Analysts Predict $130K Breakout Ahead of Key CPI Data appeared first on Coinpedia Fintech News
Monday has brought a bullish surge for Bitcoin, with the entire crypto market trading in the green. The world’s largest cryptocurrency jumped 3.5% in the last 24 hours, lifting its market value to $2.42 trillion. Now, all eyes are on BTC as it nears an all-time high, with analysts eyeing a push toward $130K in …

Elizabeth Warren Demands Crypto Regulation Free from Industry Influence

Elizabeth Warren Demands Crypto Regulation Free from Industry Influence

The post Elizabeth Warren Demands Crypto Regulation Free from Industry Influence appeared first on Coinpedia Fintech News

Massachusetts Senator Elizabeth Warren has renewed her call for tighter cryptocurrency oversight, emphasizing the need for proper investor protections and safeguards to prevent financial instability. Speaking on MSNBC, Warren argued that regulations should not be shaped by the crypto industry itself but by lawmakers focused on public interest.

A key point in Warren’s remarks was the proposal to restrict elected officials from trading cryptocurrencies. She believes such measures would help prevent conflicts of interest and ensure that regulatory decisions are not swayed by personal financial stakes.

Preventing Economic Fallout

Warren also stressed the importance of “guardrails” that could stop cryptocurrency from causing broader economic damage. While acknowledging that some rules exist, she described them as “weak” and insufficient to deal with potential systemic risks. This stance reflects her long-standing skepticism toward the crypto sector, which she warns could have destabilizing effects if left unchecked.

Not Just Opposition, Calls for Market Structure Additions

Interestingly, Warren did not criticize the major stablecoin bill she voted against earlier this year, the pioneering GENIUS Act. Instead, she highlighted the need for more comprehensive additions to market structure legislation. Her focus, she said, is on expanding the regulatory framework to address gaps in oversight and risk management.

Trump Crypto Earnings Under Scrutiny

Moreover, the recent Financial disclosures revealed that Trump earned more than $57 million from World Liberty Financial, the firm behind USD1. While he denies direct profits from the token, critics highlight conflicts of interest, especially after his administration’s recent decision to allow crypto in 401(k) retirement plans, a move analysts warn could funnel volatile assets into Americans’ pensions.

Industry Response

Justin Slaughter, vice president of regulatory affairs at Paradigm, welcomed Warren’s acknowledgment that crypto regulation is needed, calling it a “good” sign from one of the industry’s toughest critics. He noted that her current comments are less about opposing existing bills and more about shaping stronger, more inclusive rules.

In short, while Warren remains wary of crypto’s risks, her latest statements suggest a push for legislation that could balance investor protection with market integrity, provided it’s crafted outside of industry influence. This could signal a shift toward more structured discussions on how crypto fits into the broader U.S. financial system.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Elizabeth Warren Demands Crypto Regulation Free from Industry Influence appeared first on Coinpedia Fintech News
Massachusetts Senator Elizabeth Warren has renewed her call for tighter cryptocurrency oversight, emphasizing the need for proper investor protections and safeguards to prevent financial instability. Speaking on MSNBC, Warren argued that regulations should not be shaped by the crypto industry itself but by lawmakers focused on public interest. A key point in Warren’s remarks was …

Zora (ZORA) Hits All-Time High as User Activity Surges on Platform

The Zora (ZORA) token has reached a new all-time high amid a bullish rally that has caused its value to appreciate by more than 1460% over the past month. Furthermore, user activity on the Zora platform is also surging.

This has reignited interest in the altcoin, with discussions intensifying across crypto Twitter (now X). ZORA has also stolen the spotlight, emerging as the top trending coin on CoinGecko.

ZORA Becomes CoinGecko’s Top Trending Coin Amid Bullish Rally 

BeInCrypto Markets data showed that the altcoin reached $0.139 earlier today, marking a new record high. At the time of writing, ZORA’s price adjusted to $01.36.

This represented an uptick of 50.6% over the past day. The double-digit pump has made the coin one of the top daily gainers on CoinGecko

ZORA Price Performance
ZORA Price Performance. Source: BeInCrypto Markets

Furthermore, the daily trading volume was recorded at $312 million, an 80.2% increase. Notably, the majority of the trading activity comes from Coinbase, which dominates 27.23% of the total volume.

The rise isn’t limited to the price. Zora, a blockchain platform enabling the creation and trading of tokenized content and creator coins, has also seen a dramatic uptick in user engagement. 

According to data from Dune Analytics, the number of creators on the platform has increased more than tenfold compared to last month. The number of unique coin traders has reached 2.92 million, reflecting growing engagement and participation. 

User Activity on Zora
User Activity on Zora. Source: Dune

In addition, both new and returning wallets have seen a notable rise. The creation of content coins remains consistently strong, with daily creation levels staying above 30,000 throughout the past month. These trends suggest a thriving and expanding ecosystem, driven by heightened interest and participation.

This revival of interest isn’t new. BeInCrypto reported previously that users created over 100,000 coins in late July, even surpassing Pump.fun. 

This surge coincides with increased attention surrounding ZORA. The altcoin has been dominating discussions on crypto Twitter.

“Zora has been handed to ct on a silver platter and it’s still deeply underallocated — download the app, have a little fun with $20 and you’ll understand I promise,” an analyst posted.

Meanwhile, another analyst, Alexander, has highlighted several factors contributing to ZORA’s appeal, including its intuitive model, fair token rewards for creators and users, and disruptive potential.

“Zora is a platform where tokens and speculation are means to ends, not the ends themselves. They can conceivably be increasingly abstracted away from most users, just as they are in other types of social / attention markets. The tokens here are actually useful within the context of the platform itself, people actually have reasons to interact with them other than speculation,” he wrote.

It’s not just social media. Retail interest in the asset is also rising. Google Trends data revealed that the search interest for “Zora” has picked up, approaching a score of 100, indicating significant curiosity from investors.

The post Zora (ZORA) Hits All-Time High as User Activity Surges on Platform appeared first on BeInCrypto.