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Dogecoin price eyes a steeper dive as headwinds rise

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dogecoin price

Dogecoin price dropped for two consecutive days after hitting the 50-day Exponential Moving Average as demand dropped and key headwinds rose.

Summary

  • Dogecoin price has slumped in the past few months.
  • Spot DOGE ETFs inflows have stalled this year.
  • The futures open interest has continued falling, while the funding rate has turned negative.

Dogecoin (DOGE) token dropped to the important support level at $0.100, much lower than this month’s high of $0.1176. It remains ~67% from its highest level in 2025.

The coin faces major headwinds, which may drag its price in the near term. For example, it faces a major challenge on the ongoing crypto market crash, which has affected Bitcoin and most altcoins.

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Additionally, the futures open interest has continued falling in the past few months, moving from a high of $5.20 billion in September to the current $1.16 billion. Falling open interest is a sign that demand has continued falling in the past few months.

More data shows that the weighted funding rate has remained in the red in the past few days. It dropped to the lowest level since February 10. A falling funding rate is a sign that investors believe that the coin will continue falling in the near term.

The same is happening in the exchange-traded fund market this year. Data compiled by SoSoValue shows that spot three spot DOGE ETFs by companies like Grayscale, 21Shares, and Bitwise have not had any inflows or outflows since February 3 this year. These funds now have had over $6.67 million in cumulative inflows, bringing the net inflows to $8.69 million.

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Dogecoin price technical analysis 

dogecoin price
DOGE price chart |Source: crypto.news 

The daily timeframe chart shows that the DOGE price has been in a strong downward trend in the past few months, moving from a high of $0.3073 in September last year.

Dogecoin price has dropped below the key support level at $0.1295, its lowest level on April 7 last year. It has fallen below all moving averages, while the Percentage Price Oscillator remains below the zero line.

Therefore, the most likely scenario is where the coin continues falling, potentially to the year-to-date low of $0.0790, its lowest level this month. A drop below that support level will signal more downside.

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Crypto World

Binance Rejects Claims of Iran-Linked Transactions and Staff Firings

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Binance Rejects Claims of Iran-Linked Transactions and Staff Firings

Crypto exchange Binance pushed back against a recent report by Fortune, rejecting allegations that it enabled sanctions-violating transactions tied to Iran and fired compliance investigators who raised concerns.

Fortune reported Friday that internal investigators at Binance discovered more than $1 billion in transfers linked to Iranian entities moving through the platform between March 2024 and August 2025. The transactions were said to involve Tether’s USDt (USDT) stablecoin on the Tron blockchain.

Citing unidentified sources, the report claimed that at least five investigators, several with law-enforcement backgrounds, were later fired after documenting the activity. The outlet also reported that additional senior compliance staff had departed the company in recent months.

Binance disputed the characterization in a formal response. “This is categorically false. No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues as there are no violations,” the exchange wrote in an email shared by CEO Richard Teng.

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Binance’s response to Fortune report. Source: Richard Teng

Binance denies sanctions violations after internal review

Binance said it conducted a full internal review with outside legal advice and found no evidence it had violated applicable sanctions laws in connection with the referenced activity. It also rejected the suggestion that the exchange failed to meet its regulatory obligations under ongoing oversight.

Related: Binance confirms employee targeted as three arrested in France break-in

The dispute lands as Binance remains under heightened scrutiny since its 2023 settlement with US authorities in which it agreed to pay $4.3 billion for Anti-Money Laundering (AML) and sanctions violations. Founder Changpeng Zhao stepped down as CEO and later served a four-month prison sentence. Binance also agreed to being monitored and pledged to strengthen compliance controls.

Binance denied claims it is failing to meet regulatory obligations, saying it continues to cooperate under monitoring and oversight requirements. “The article suggests that Binance is “reneging” on its regulatory obligations. This assertion is false,” the exchange said.

Binance acknowledged Cointelegraph’s request for comment, but had not responded by publication.

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Related: Binance completes $1B Bitcoin conversion for SAFU emergency fund

FT report questions Binance compliance controls

A December report by the Financial Times also claimed that Binance allowed a group of suspicious accounts to move significant sums through the exchange even after its US criminal settlement in 2023. Internal data reviewed by the publication showed 13 such user accounts had about $1.7 billion in transactions since 2021, including about $144 million after the plea agreement.