First, Binance announced the launch of perpetual DOGE/USDT contracts on its derivatives platform Binance Futures with leverage of up to 50x. The tool will become available to users on July 10.
Second, OKEx added support for DOGE trading on its spot margin trading section and savings service. On July 10, the platform will also launch a perpetual DOGE/USDT swap with leverage of up to 20x.
. @Dogecoin is landing on Bitfinex as MDOGE (MegaDogecoin), with a conversion rate of 1 million.
Deposits will open on July 10th at 7:30 AM UTC, trading and withdrawals will start an hour later. Available pairs will be DOG/USD, DOG/UST and DOG/BTC. https://t.co/j4WB76g1A4pic.twitter.com/d3v7lFif36
Third, Bitfinex announced the listing of DOGE on its platform—in the form of MegaDogecoin (MDOGE), which is equal to one million “normal” DOGE. At the current exchange rate, this makes one MDOGE worth around $4,640.
Who let the DOGE out?
As Decrypt reported, a single viral TikTok video was enough to pump DOGE by 43% yesterday, driving the token’s price to its highest point since 2018. Today, the token is up roughly 20%, trading at around $0.0045. Yet, still a long way to $1—the price which the creators of the video want to hit.
According to CoinMarketCap, DOGE now occupies the 26th place among top cryptocurrencies by market capitalization, outpacing 15 of its peers since July 5, including Compound (COMP), Basic Attention Token (BAT), Kyber Network (KNC) and Aave (LEND).
And DOGE’s triumphant march did not go unnoticed. For example, Morgan Creek Digital co-founder Jason Williams already commented on Twitter that he was buying DOGE.
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin.
The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC).
The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy.
The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin.
One of those fundamentals is Bitcoin’s 21 million fixed token supply.
While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys.
That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward.
El Salvador in 2021 made Bitcoin legal tender along with...
