CEX

CEXs are platforms managed by centralized organizations that facilitate the trading of cryptocurrencies, offering high liquidity and user-friendly fiat on-ramps. Leaders like Binance, OKX, and Coinbase serve as the primary gateways for institutional and retail entry. In 2026, the industry focus is on Proof of Reserves (PoR), enhanced regulatory compliance, and hybrid models that offer self-custody options. This tag provides updates on exchange security, listings, and global market trends.

4250 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Ethereum at Key Levels: $3200 Triggers $746M CEX Short Liquidations, $3050 Triggers $573M CEX Long Liquidations

Ethereum at Key Levels: $3200 Triggers $746M CEX Short Liquidations, $3050 Triggers $573M CEX Long Liquidations

The post Ethereum at Key Levels: $3200 Triggers $746M CEX Short Liquidations, $3050 Triggers $573M CEX Long Liquidations appeared on BitcoinEthereumNews.com. Ethereum traders should note a pair of pivotal levels highlighted by COINOTAG News, citing Coinglass data. A decisive move above $3200 could push the total liquidation strength of major CEX short positions toward $746 million, while a slide below $3050 may trigger about $573 million in long-position liquidations. The COINOTAG note clarifies that the liquidation chart does not disclose exact contract counts; bars indicate the relative importance of each cluster, i.e., the strength of the move. In essence, a higher liquidations bar signals a higher likelihood of intensified moves when the target price is reached, driven by liquidity cascades. Market participants should monitor these levels as part of a disciplined risk framework. The cross-check from Coinglass and COINOTAG offers a credible read on Ethereum’s liquidity dynamics, supporting hedging decisions and scenario planning without asserting certainty about future trades. Source: https://en.coinotag.com/breakingnews/ethereum-at-key-levels-3200-triggers-746m-cex-short-liquidations-3050-triggers-573m-cex-long-liquidations

Author: BitcoinEthereumNews
Crypto Market Weekly Review (December 1st - December 7th): Liquidity Crisis Resolved, BTC Enters Weak Equilibrium

Crypto Market Weekly Review (December 1st - December 7th): Liquidity Crisis Resolved, BTC Enters Weak Equilibrium

Author: 0xBrooker Amid a liquidity crisis and the "cyclical curse," BTC, after experiencing a tumultuous November, found a brief respite in December. On the one hand, with the probability of a December rate cut returning to over 80%, the Federal Reserve halted QT and began releasing liquidity into the market in small amounts, and the Treasury's TGA account also began disbursement; on the other hand, panic selling and large-scale losses have come to an end. While panic selling pressure has decreased, the BTC price remains stagnant due to weak buying power. More than 34% of on-chain BTC is in a loss-making state. DAT leader Strategy has reduced its purchases and signaled to the market that it is entering a defensive state. BTC ETF channel funds are still in a high-beta asset aversion period, with outflows exceeding inflows. This week's economic and employment data maintained the baseline scenario of a "soft landing" for the US economy, transitioning from "overheating" to a "moderate slowdown." Although Nvidia's stock price remains significantly below its previous high, the three major stock indexes continue their upward recovery, approaching their previous highs. The short-term macro liquidity inflection point has emerged. After the Fed cuts interest rates by 25 basis points next week, whether the Fed releases a "dovish" or "hawkish" signal at its regular meeting will have a significant impact on short-term market volatility, but the medium-term outlook remains stable. In addition, the Bank of Japan is highly likely to raise interest rates in December, which will also have some impact on the US stock market, but the impact will not be comparable to the Carry Trade shock in 2024. The situation is even more dire for the crypto market, which suffers from a severe lack of intrinsic value accumulation. While the long-term trend of increased asset allocation remains, short- to medium-term sentiment has already subsided. Greater macro liquidity or a surge in new allocation enthusiasm is needed to attract more capital inflows to absorb the selling pressure generated by long-term investors locking in profits. The current balance is more of a respite after the impulsive sell-off. Until we see a further reversal in the buying and selling trends, we maintain our assessment that the probability of a "bull-to-bear" market shift is greater than a "mid-term correction." Policy, macro-financial and economic data The first major data release since the US government shutdown ended—the September PCE data—was released late on Friday. Core PCE rose 2.8% year-on-year, slightly below the expected 2.9%, while nominal PCE remained in the 2.7%-2.8% range, reinforcing the narrative of "inflation slowly declining but still above the 2% target." Because October PCE data is permanently unavailable, and November data will not be released until after the Fed's December policy meeting, September PCE data becomes the only reference point before the December 10th policy meeting. The lower-than-expected inflation data strengthens expectations of a December rate cut, and even continued rate cuts into 2026. On the employment front, the ADP report showed that U.S. private sector employment fell by 32,000 in November, a stark contrast to the previous month's (October) figure, which was revised upwards from +47,000. The market had previously expected a slight increase of around 10,000. Structurally, certain high-discretionary consumer sectors within the service sector significantly dragged down employment, consistent with the market's assessment that "marginal demand is slowing, but has not yet fully collapsed." For the FOMC, this signals a "cooling of employment rather than an out-of-control deterioration"—strengthening the case for interest rate cuts, but insufficient to justify aggressive easing. Initial jobless claims fell to 191,000 this week, the lowest level since September 2022, but continuing claims rose to 1.94 million, a slow increase. Companies are increasingly inclined to "hire fewer people and control new job creation" (long-term hawkish), but there have been no large-scale layoffs; the overall situation is a slow cooling-off phase of "no layoffs, no hiring" (short-term systemic risks are manageable). This also supports interest rate cuts, but a judgment of aggressive easing is unnecessary. FedWatch Tool: Changes in the Probability of a 25 Basis Point Rate Cut in December After a month of rollercoaster trading, based on economic and employment data and statements from Federal Reserve officials, the market widely expects the Fed to cut interest rates by 25 basis points at the FOMC meeting on December 10th. The impact on the market will primarily be reflected in the subsequent dovish/hawkish statements. If the guidance is dovish, it will provide an upward boost to high-beta assets like the Nasdaq and Bitcoin. If the guidance is hawkish, significantly downplaying expectations of further easing, then the current pricing of risk assets based on "continuous rate cuts + soft landing" will need to be adjusted downwards. The impact on Bitcoin, which already has a high leverage structure and a large proportion of unrealized losses, is likely to be significantly greater than on traditional assets. Crypto Market This week, BTC opened at $90,364.00 and closed at $94,181.41, up 0.04% for the week, with a volatility of 11.49%, and trading volume was the same as last week. BTC daily chart Based on the "EMC Labs BTC Cycle Analysis Model", we believe that the main reason for this round of BTC adjustment is the exhaustion of short-term liquidity + fluctuations in medium-term liquidity expectations, coupled with long-term selling driven by cyclical patterns. On November 21st, following Federal Reserve Chairman John Williams' statement that "there is room for further interest rate cuts in the near future," US stocks and Bitcoin rebounded from their lows. Subsequently, the three major US stock indices gradually recovered their losses, approaching their previous historical highs. However, after rebounding 4.1% last week, Bitcoin lost momentum again and entered a period of fluctuation. The fundamental reason lies in the continued extreme shortage of liquidity, and the failure of both buyers and sellers to truly reverse their behavior. On December 1st, the Federal Reserve suspended QT and provided approximately $16.5 billion in short-term liquidity through temporary repurchase agreements (Repo). The U.S. Treasury conducted two U.S. Treasury bond repurchase operations, totaling $14.5 billion. This slightly alleviated short-term market liquidity, but was insufficient to stimulate inflows into high-beta assets like BTC. FedNet Liquidity While the Fed Net Liquidity index has rebounded somewhat, it remains at a low level, and its suppression of high-beta assets has not fundamentally improved. In terms of funding, the overall cryptocurrency market has shifted from outflows to inflows over the past two weeks, with $3.146 billion flowing in last week and $2.198 billion this week. This is the fundamental reason why BTC has been able to shift from a downward trend to a sideways movement. Crypto Market Fund Inflows and Outflows Statistics (Weekly) However, looking specifically at the BTC ETF channel, which plays a greater role in BTC pricing, we can see that it still recorded an outflow of $0.84 billion this week. On the selling front, the scale of both long and short position selling has decreased rapidly, but long position selling is still ongoing this week. This indicates that although the phase of clearing is nearing its end, long position profit-taking selling has not stopped under the "curse of cyclical laws". Long and short position selling and CEX inventory statistics The pause in long-term selling may offer a possibility for a market rebound. Looking at on-chain data from the past two weeks alone, passive buying pressure remains, with over 40,000 BTC transferred out of exchanges. This ebb and flow of selling and buying power provides a possibility for market stabilization and a rebound. However, a true market turnaround requires the return of active buying power. This necessitates a substantial improvement in macro liquidity and a genuine recovery in demand for BTC. One piece of good news in this regard is that in November, Texas made its first purchase of about $5 million worth of BTC ETF products through spot ETFs to replenish its BTC reserves. Although this is not enough to offset ETF redemptions, it has a positive demonstration effect on market sentiment. Cyclical Indicators According to eMerge Engine, the EMC BTC Cycle Metrics indicator is 0, indicating that it has entered a "downtrend" (bear market).

Author: PANews
Forget SHIB Meme Hype, This Is Utility, Why RTX and SOL Are the Engines of Best Crypto To Buy Now

Forget SHIB Meme Hype, This Is Utility, Why RTX and SOL Are the Engines of Best Crypto To Buy Now

RTX and Solana lead the best crypto to buy now narrative as investors move beyond SHIB meme hype toward real utility and long-term blockchain adoption.

Author: Blockchainreporter
Bitcoin (BTC) Investors Attention: These Two Levels Are Critical! There’s a $1 Billion Risk!

Bitcoin (BTC) Investors Attention: These Two Levels Are Critical! There’s a $1 Billion Risk!

The post Bitcoin (BTC) Investors Attention: These Two Levels Are Critical! There’s a $1 Billion Risk! appeared on BitcoinEthereumNews.com. Bitcoin (BTC), which fell below $90,000 over the weekend, started the critical Fed week with a recovery. While Bitcoin is recovering slightly and climbing above the $91,000 level, major altcoins including Ethereum (ETH) are also showing gains. Ethereum is back above $3,100, while XRP and Solana (SOL) are up 2.6% and 2.2%, respectively, in the last 24 hours. While it is stated that whether the rise in Bitcoin and altcoins will continue depends on the FED decision and the statements of FED chairman Jerome Powell, the latest data came from the cryptocurrency tracking platform Coinglass. Bitcoin’s price movements are poised to trigger significant liquidation events on mainstream cryptocurrency exchanges (CEX), according to the latest data from Coinglass. “At this point, if Bitcoin rises above $93,000, $721 million worth of BTC short positions on CEXs will be liquidated. Conversely, if the Bitcoin price falls below $90,000, $340 million worth of long positions will be liquidated.” According to current data, $450 million worth of leveraged transactions were liquid in the last 24 hours, while $293.2 million worth of long positions and $157.5 million worth of short positions were liquid. While 130,468 traders were liquidated in the last 24 hours, the largest liquidation occurred in the ETH/USD transaction on Hyperliquid. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-btc-investors-attention-these-two-levels-are-critical-theres-a-1-billion-risk/

Author: BitcoinEthereumNews
Bitcoin Set for $721M Short Liquidations on Major CEXs If It Breaks $93K, With $340M Long Liquidations Expected at $90K

Bitcoin Set for $721M Short Liquidations on Major CEXs If It Breaks $93K, With $340M Long Liquidations Expected at $90K

The post Bitcoin Set for $721M Short Liquidations on Major CEXs If It Breaks $93K, With $340M Long Liquidations Expected at $90K appeared on BitcoinEthereumNews.com. COINOTAG News, citing Coinglass data, notes that a Bitcoin break above $93,000 could ignite a cumulative short liquidation of around 721 million across major CEXs, underscoring growing liquidity risk as traders position at a key price level. Conversely, a fall below $90,000 may unleash roughly 340 million in cumulative long liquidations on major exchanges, signaling rising bearish pressure if bids fail to hold at support. COINOTAG emphasizes that the liquidation chart reflects relative intensity, not exact counts. The colored bars convey how sharply price action might react when a level is reached, indicating potential liquidity cascades rather than precise totals. For risk managers, the takeaway is discipline: monitor the $93k and $90k thresholds, apply prudent hedging, and adjust exposure as liquidity dynamics evolve in a volatile crypto market. Source: https://en.coinotag.com/breakingnews/bitcoin-set-for-721m-short-liquidations-on-major-cexs-if-it-breaks-93k-with-340m-long-liquidations-expected-at-90k

Author: BitcoinEthereumNews
Trading Moment: Markets Enter a Key Week Ending the Year, Bitcoin Holds Key Level at $86,000

Trading Moment: Markets Enter a Key Week Ending the Year, Bitcoin Holds Key Level at $86,000

Daily market data review and trend analysis, produced by PANews. 1. Market Observation Markets are holding their breath for this week's Federal Reserve meeting, with a 25-basis-point rate cut widely expected. However, contrary to conventional wisdom, since the rate-cutting cycle began in September, the yield on long-term US Treasury bonds, the anchor for global asset pricing, has risen instead of falling, triggering intense debate about the future economic path. Optimists see this as a signal of a "soft landing," while pessimists worry it's a vote of no confidence from the "bond vigilantes" regarding the high national debt and inflation risks in the US. Against this backdrop, Wall Street veteran strategists like Mark Cabana of Bank of America predict that, in addition to rate cuts, the Fed may announce a major balance sheet expansion plan of up to $45 billion per month to address potential liquidity shortages. Meanwhile, China will also usher in a super week of policy announcements, with important meetings and the release of key economic data such as inflation and social financing providing new guidance for the market. Furthermore, competition in the field of artificial intelligence is becoming increasingly fierce, with OpenAI planning to release GPT-5.2 ahead of schedule to address this competition. The financial reports of Broadcom, a chip designer and Oracle, both core players in the AI industry chain, as well as the visit of Microsoft's CEO to India, will all serve as key indicators for assessing the investment climate in AI infrastructure and the future direction of the industry. In the Bitcoin market, short-term sentiment is cautious, but long-term indicators remain resilient. Analyst Murphy, based on the MVRV indicator, predicts that Bitcoin's price may reach $85,000 to $94,000 by December 31st, and then touch the $71,000 to $104,000 range in early 2026, considering $104,000 as a key bull-bear dividing line. Several analysts consider the $86,000 to $88,000 area as key support. For example, Daan Crypto Trades points out that a break below this key Fibonacci level could lead to a price pullback to a low of $76,000, while Michaël van de Poppe believes that holding $86,000 is a prerequisite for his bullish scenario (i.e., a price break above $92,000 and head towards $100,000). On-chain data presents a mixed picture: on the one hand, Glassnode points out that ETF demand continues to weaken, and market risk appetite is declining; on the other hand, analyst @TXMCtrades emphasizes the continued rise in the "activity" indicator, and CryptoQuant data also shows that selling pressure from long-term holders has been "completely reset," which may indicate potential spot demand and the formation of a market bottom. Bloomberg ETF expert Eric Balchunas, however, offers a more macro-level reassurance to the market, believing that Bitcoin's correction this year is merely a normal cooling down of last year's extreme 122% surge. Its resilience in reaching new highs after multiple significant pullbacks makes it no longer suitable for comparison to the "tulip bubble." Regarding Ethereum, short-term market sentiment leans towards pessimism, but long-term technical patterns are showing optimistic signals. According to Nansen data, "smart money" traders are still adding to their short positions in Ethereum on the derivatives platform Hyperliquid, with net short positions accumulating to over $21 million. However, analyst Sykodelic sees a positive side in the technical charts, pointing out that Ethereum's 5-day MACD and RSI indicators, after a thorough reset, are exhibiting patterns that have historically led to significant rallies, suggesting that a market bottom is forming. In the altcoin market, the AI project Bittensor (TAO) became the focus of attention. The project will undergo its first halving on December 14th, reducing the daily token issuance by half. Grayscale analyst Will Ogden Moore commented positively, believing it marks a significant milestone in the network's maturation. He pointed out that its strong adoption momentum, rising institutional interest, and the success of the dTAO mechanism could all be catalysts for price increases. TAO rose nearly 10% intraday. The weekend saw numerous market developments, with several events and figures attracting widespread attention. Terraform Labs co-founder Do Kwon's legal case saw new developments. US prosecutors recommended a 12-year prison sentence for his "massive" fraudulent activities, and US District Judge Paul Engelmayer will deliver sentencing on December 11th. This news initially caused USTC and LUNA tokens to surge by over 100% over the weekend before falling sharply, down nearly 20% in the past 24 hours. Additionally, Binance founder CZ's joke about executive He Yi's misspelling of "DOYR" in a tweet unexpectedly spawned a meme coin with the same name. Meanwhile, Binance responded directly to community concerns, stating that it is conducting an internal review of potential corruption related to token listings. Another noteworthy piece of news comes from the intersection of the tech and cryptocurrency worlds: Moore Threads, the "first domestically produced GPU stock," saw its share price surge after listing on the STAR Market. The controversial past of its co-founder, Li Feng, has also resurfaced, including his involvement in the "Mallego Coin" project with Li Xiaolai and others, and a long-standing debt dispute with OKX founder Star involving 1,500 bitcoins (currently worth approximately $135 million). In response, Star recently stated on social media that the debt issue has been handed over to legal action and that the focus should be on the future. 2. Key Data (as of 13:00 HKT, December 8) (Data source: CoinAnk, Upbit, Coingecko, SoSoValue, CoinMarketCap) Bitcoin: $91,596 (down 2.11% year-to-date), daily spot trading volume $40.49 billion. Ethereum: $3,134 (down 6.17% year-to-date), daily spot trading volume $25.27 billion. Fear of Greed Index: 20 (Extreme Fear) Average GAS: BTC: 1.2 sat/vB, ETH: 0.04 Gwei Market share: BTC 58.7%, ETH 12.2% Upbit 24-hour trading volume rankings: XRP, ETH, BTC, MOODENG, SOL 24-hour BTC long/short ratio: 50.54% / 49.46% Sector Performance: Meme and DeFi sectors saw a slight pullback, while SocialFi and AI rose by over 2%. 24-hour liquidation data: A total of 112,699 people worldwide were liquidated, with a total liquidation amount of $416 million. This included $105 million in BTC liquidations, $169 million in ETH liquidations, and $21.92 million in SOL liquidations. 3. ETF Flows (as of December 5) Bitcoin ETFs saw a net outflow of $87.77 million last week, with ARKB experiencing the largest net outflow at $77.86 million. Ethereum ETFs saw net outflows of $65.59 million last week, with BlackRock's ETHA experiencing the largest net outflow at $55.87 million. Solana ETF: Net inflow of $20.3 million last week XRP ETF: Net inflows of $231 million last week, marking the fourth consecutive week of net inflows. 4. Today's Outlook HumidiFi: New token public sale will begin on December 8th at 23:00. The Stable mainnet will launch on December 8th at 21:00. The company formed by the merger of Twenty One Capital and CEP is expected to list on the NYSE on December 9. BounceBit (BB) will unlock approximately 29.93 million tokens at 8:00 AM Beijing time on December 9th, representing 3.42% of the circulating supply, worth approximately $2.7 million. The top 100 cryptocurrencies by market capitalization with the largest gains today are: Ultima up 7%, SPX6900 up 5.8%, Canton Network up 5.5%, Ethena up 5.1%, and Zcash up 4.5%. 5. Hot News Data: APT, LINEA, CHEEL and other tokens will see large-scale unlocking, with APT unlocking value estimated at approximately $19.3 million. This Week's Preview | The Federal Reserve FOMC announces its interest rate decision; the Stable blockchain mainnet will officially launch on December 8th. The largest short position in BTC on Hyperliquid currently has a floating profit of approximately $17 million, having reduced its position by about 20 BTC in 26 minutes. The BEAT team's linked wallet sent $1.2 million worth of tokens to a CEX, seemingly indicating a planned sell-off for profit. Twenty One Capital transferred 43,122 BTC to a new wallet. The U.S. SEC's Cryptocurrency Working Group will hold a roundtable meeting on financial regulation and privacy on December 15. Bittensor will undergo its first halving on December 14th, at which time the daily supply of TAO will decrease to 3600 tokens. ZKsync plans to abandon its early network, ZKsync Lite, in 2026. The long positions held by the "whale that opened short positions after the 1011 flash crash" have reached $164 million, and are currently showing a floating loss of $950,000. A wallet suspected to be Windemute has accumulated approximately $5.2 million worth of SYRUP tokens over the past two weeks. South Korea is considering legislation requiring virtual asset operators to bear "no-fault liability" for hacker attacks, with fines potentially increased to 3% of sales revenue. The average cash cost for public miners mining Bitcoin has reached $74,600, with a total cost of $137,800. Caixin: Last year, 3,032 people were prosecuted for money laundering related to cryptocurrencies; establishing a firewall against virtual currencies is necessary to protect normal economic and trade activities. Farcaster announces strategic shift: from a social-first approach to wallet-driven growth.

Author: PANews
BEAT Token Transfer: BEAT Team Moves $1.2M in BEAT to Gate.io as Wallets Signal Potential Cash-Out

BEAT Token Transfer: BEAT Team Moves $1.2M in BEAT to Gate.io as Wallets Signal Potential Cash-Out

The post BEAT Token Transfer: BEAT Team Moves $1.2M in BEAT to Gate.io as Wallets Signal Potential Cash-Out appeared on BitcoinEthereumNews.com. COINOTAG News, citing Onchain School, reports that about 17 hours ago a wallet linked to the BEAT token team moved $1.2 million in tokens to Gate, a major centralized exchange. The transfer remains in the exchange’s deposit address with no immediate outbound activity observed. Early on-chain activity shows BEAT wallets executing small transfers, hinting at incremental liquidity management or readiness to redeploy assets. There is no confirmed sale yet, but these micro moves merit close scrutiny by traders and risk managers. For market participants, tracking wallet-to-exchange transfers and the CEX deposit status offers a clearer view of near-term supply dynamics. This episode underscores the value of real-time data and disciplined reporting to prevent speculative conclusions about motive or timing. Source: https://en.coinotag.com/breakingnews/beat-token-transfer-beat-team-moves-1-2m-in-beat-to-gate-io-as-wallets-signal-potential-cash-out

Author: BitcoinEthereumNews
The BEAT team's linked wallet sent $1.2 million worth of tokens to a CEX, seemingly indicating a planned sell-off for profit.

The BEAT team's linked wallet sent $1.2 million worth of tokens to a CEX, seemingly indicating a planned sell-off for profit.

PANews reported on December 8th that, according to Onchain School monitoring and Arkham data, approximately 17 hours ago, a wallet address associated with the BEAT team sent tokens worth approximately $1.2 million to the cryptocurrency exchange Gate. These tokens are currently still held in the exchange's deposit address and have not yet been transferred or traded. However, analysis suggests that some wallets holding BEAT tokens have tested small-scale transactions, indicating potential future trading operations to cash out and profit.

Author: PANews
Ourbit SuperCEX is airdropping limited-edition genesis NFTs to users; subscriptions will begin on December 18th.

Ourbit SuperCEX is airdropping limited-edition genesis NFTs to users; subscriptions will begin on December 18th.

PANews reported on December 8th that Ourbit SuperCEX is airdropping a limited number of Genesis NFTs to platform users, with the official subscription and sale scheduled to begin on December 18th. The Genesis NFTs are positioned as core equity tokens within the Ourbit ecosystem, and holders will have the opportunity to receive Ourbit platform tokens via airdrops, as well as more exclusive platform benefits and privileges in the future. The official timeline of Genesis NFT (UTC+8) is as follows: December 3, 12:00: The Wheel of Heaven airdrop begins. December 18, 00:00: Start subscribing to Genesis NFTs on BITCH; December 21, 00:00: Subscription lottery will be held; December 22, 00:00: All Genesis NFTs have been distributed. It is reported that the total supply of this genesis NFT is 2,000. 1,000 will be randomly airdropped to participating users through the "Fate Draw" gameplay of the Q4 annual event, "Cosmic Wheel"; users can choose to sell them back to Ourbit for 300 USDT. The remaining 1,000 will be available for purchase on the Ourbit platform starting December 18th using the platform's Meme token, BITCH, at a price of 10,000 $BITCH per NFT.

Author: PANews
Dogecoin News: Genesis Block Went Live 12 Years Ago Today

Dogecoin News: Genesis Block Went Live 12 Years Ago Today

The post Dogecoin News: Genesis Block Went Live 12 Years Ago Today appeared on BitcoinEthereumNews.com. Key Insights Dogecoin news: marks 12 years since its first block went live in 2013. Billy Markus and Jackson Palmer recall how the coin started. Community moments and online posts from personalities like Elon Musk shaped Dogecoin’s rise. Dogecoin news focuses on the twelfth year of the memecoin project, which officially launched back in 2013. The first block went live on that date, and the event marked the start of a memecoin that later gained wide attention across social platforms and the broader crypto market. Dogecoin News: Founders Look Back as DOGE Clocks 12 Dogecoin news continues to circulate as the community is acknowledging the twelfth anniversary of the chain. The network started on December 6, 2013. The first block set the base for a coin that began as a light project by two software engineers. Co-founder, Billy Markus, known online as Shibetoshi Nakamoto, shared a short post to mark the date. His message stated that he made something simple, and the project later grew far beyond the early idea. He also corrected the number of his followers, which now stands above two million. Jackson Palmer played a key role in the early stage as a co-founder of the memecoin. He worked in marketing at Adobe when he bought the Dogecoin.com domain. The page showed the logo and lines of Comic Sans text at the time. Markus saw the website and sent a message to Palmer, and the two then began building the coin. Markus created the protocol from elements used in Luckycoin and Litecoin. These coins rely on scrypt for the proof-of-work process. Dogecoin Memorial | Source: Billy Markus The same system shaped the early design of Dogecoin. The plan was simple, and the coin gained attention because of its link to online humor. Kabosu, the Shiba Inu that…

Author: BitcoinEthereumNews