Alessandro Rocco Pietrocola

Dogecoin (DOGE) price has jumped by approximately 7% in the last 24 hours to reach $0.181 on March 25. The memecoin was trading for $0.189 at its intraday top, its highest level in almost two weeks.DOGE/USD four-hour price chart. Source: TradingView Key factors driving the DOGE prices higher today include:A DOGE reserve initiative undertaken by the Dogecoin FoundationRisk appetitive recovery on easing trade war fears.A classic flag pattern on the DOGE price chart.Dogecoin Foundation buys 10 million DOGEDOGE’s ongoing price rise coincides with the launch of the Official Dogecoin Reserve, a move designed to stabilize the memecoin and boost institutional confidence.Key points:On March 24, the Dogecoin Foundation revealed the creation of the “Official Dogecoin Reserve” aimed at supporting DOGE’s long-term price stability and credibility.As part of the initiative, the foundation has purchased 10 million DOGE worth around $1.80 million.The Foundation’s strategic DOGE purchase occurs at a time when traders are closely watching signs of institutional entry into the memecoin sector, particularly with the potential launch of spot Dogecoin ETFs in the US.Source: @CryptoWizarddAs of March 25, crypto betting platform Polymarket was showing 72% odds in favor of a Dogecoin ETF launch by the year’s end, up from 27% on Jan. 1.Altcoins are outperforming Bitcoin amid risk rallyDogecoin’s gains today appear alongside a broader altcoin market rally led by easing trade war tensions.Key takeaways:The altcoin market capitalization (TOTAL2) has climbed 1.60% in the past 24 hours to reach 1.08 trillion on March 25.Bitcoin and TOTAL2 market capitalization performance in the last five days. Source: TradingViewMeanwhile, Bitcoin’s market cap has declined 0.61% in the same period.It shows that traders are rotating capital from Bitcoin into altcoins like Dogecoin.The divergence appears amid signs of easing trade war tensions.On March 24, US President Donald Trump signaled twice that trading partners would receive possible exemptions or reductions.Investors embraced higher-risk assets amid improving macro sentiment, favoring riskier altcoins over safer bets like Bitcoin.Memecoins often attract retail-driven hype during altcoin rallies, as shown below via the performance of top-ranking joke cryptocurrencies on a 24-hour adjusted timeframe.Top memecoin performance on March 25, 2025. Source: CoinMarketCapThe combination of macro optimism and DOGE-specific news boosted upside sentiment in the Dogecoin market.Related: Dogecoin millionaires are buying dips as DOGE price eyes 30% rallyRelatively higher speculation is also visible in the Dogecoin Futures market, wherein DOGE open interest (OI) and funding rates are climbing.What to know: As of March 25, DOGE’s OI in the futures market was around $1.80 billion, up from the March 11 low of $1.33 billion, the lowest in four months at the time.Dogecoin OI, funding rates. Source: CoinglassDOGE’s weekly funding rates at the same time have climbed to 0.157% from negative levels on March 21.Rising DOGE open interest and positive funding rates indicate growing demand for leveraged long positions, reflecting bullish sentiment.Dogecoin is bouncing with a bear flag channelDogecoin’s price gains today appear to be a part of its prevailing bear flag pattern.Key takeaways:A bear flag pattern forms when the price consolidates higher inside a rising parallel channel after undergoing strong declines.As a technical rule, the pattern resolves when the price breaks below the lower trendline and falls by as much as the previous downtrend’s height.As of March 25, Dogecoin was consolidating inside the flag channel, with its recent bounce occurring after testing the lowest trendline as support.DOGE/USD daily price chart. Source: TradingViewHowever, its overall bias remains skewed to the downside, providing it breaks below the flag’s lower trendline next.Should it happen, DOGE price can decline toward the technical downside target at around $0.117—down approximately 35% from the current price levels—by April.Conversely, a breakout above the flag’s upper trendline will likely invalidate the bearish setup, sending DOGE’s price toward the 50-day EMA (the red wave near $0.214) instead. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced.Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 protects the “right to self-custody, run a node, and use of digital assets” without “fear of discrimination.” First introduced to the Kentucky House by Rep Adam Bowling on Feb. 19, HB701’s description says it safeguards the right to use digital assets and self-custody wallets and bans local zoning changes that discriminate against crypto mining. Source: Satoshi Action FundAt the same time, the legislation provides guidelines for running a crypto node, excludes crypto mining from money transmitter license requirements, and specifies that mining and staking are not considered offering or selling a security.The bill passed Kentucky’s House of Representatives on Feb. 28, with all 91 representatives voting in favor, and passed the state Senate on March 13, with all 37 senators voting in favor. It was then signed into law by Beshear on March 24. The legislation mirrors similar legislation signed into law by Oklahoma Governor Kevin Stitt in May 2024. Kentucky’s Bitcoin Rights bill enshrines protections for crypto users in the state. Source: Kentucky General AssemblyKentucky has also introduced a bill to establish a Bitcoin reserve, allowing the State Investment Commission to allocate up to 10% of excess state reserves into digital assets, including Bitcoin (BTC); the bill is still under review. Other Bitcoin reserve bills move forwardMeanwhile, Oklahoma’s House Bill 1203 (HB 1203), known as the Strategic Bitcoin Reserve Act, has passed the State House of Representatives 77 to 15, according to the crypto advocacy group, the Oklahoma Bitcoin Association.The bill was introduced to the Oklahoma House of Representatives on Jan. 15 by state Representative Cody Maynard and passed the Government Oversight Committee with a 12–2 vote on Feb. 25. Related: Crypto bills stack up across the US, from Bitcoin reserves to task forcesIt must now pass through the Senate before the Oklahoma governor can veto or sign the bill into law. Oklahoma State Senator Dusty Deevers also filed legislation on Jan. 8 that would allow residents in the state to receive salaries in Bitcoin. Bitcoin legislation tracker group Bitcoin Laws said in a March 24 X post that Oklahoma has now moved into equal second place with Texas in the State Bitcoin reserve race.Oklahoma has now moved into equal second place in the State Bitcoin reserve race. Source: Bitcoin LawsArizona remains in the lead after two strategic digital asset reserve bills cleared Arizona’s House Rules Committee on March 24 and headed to the House floor for a full vote.Bitcoin Laws speculates that because Republicans dominate the Oklahoma Senate and the governor is Republican, the bill “has a good chance to pass into law.” Missouri’s Special Committee on Intergovernmental Affairs is also in the process of evaluating the state’s Bitcoin reserve bill, according to Bitcoin Laws.Magazine: How crypto laws are changing across the world in 2025

Crypto exchange Binance has suspended a member of its Binance Wallet team, adding it could take further legal action after launching an internal investigation over allegations of insider trading.The exchange’s crypto wallet business, Binance Wallet, launched an investigation on March 23 after it “received a complaint alleging that one of our staff members engaged in front-running trades using insider information to gain improper profits,” it said in a March 25 X post.It claimed a preliminary investigation found a Binance Wallet staffer who joined the team last month was suspected of using information from a former position in a business development role at BNB Chain to “front-run” trades of a project token. “The employee was aware the project was planning a Token Generation Event (TGE) and anticipated it would generate significant community interest,” Binance Wallet wrote.It claimed the staffer “used multiple linked wallet addresses to purchase a large volume of the project’s tokens” before it publicly announced the token launch and then, after the announcement, “quickly sold part of his holdings to realize significant profits.”Binance Wallet accused the staff member of front-running trades based on non-public information gained from a previous role in breach of company policy. It added the staff member was “suspended immediately and pending further disciplinary action,” and the company would cooperate with authorities in the relevant jurisdiction to take legal action.The company did not name the staff member but noted the allegations circulating on X prompted the investigation. Earlier this week, multiple X users pointed to a former operations manager at BNB Chain — Freddie Ng — whose LinkedIn shows he joined Binance Wallet’s business development team last month.As noted by X user “py,” one of the wallets that DEX Screener shows has profited $82,400 from the token in question, U DEX Platform (UUU), is a wallet that received UUU tokens from another wallet initially funded by the address “freddieng.bnb” — which Ng had shared on his X account.A wallet allegedly linked to a Binance staffer sold holdings of a token just minutes after it debuted on March 23 and hit a peak value of $31.5 million. Source: DEX ScreenerBinance did not immediately respond to a request for comment. Ng was contacted for comment.Related: BNB Chain launches $100M liquidity program Binance Wallet said it appreciated the public efforts, but it would only reward those who submitted reports to a whistleblowing email “to protect whistleblowers’ interests.”It said it would hand out $100,000 equally distributed among four anonymous whistleblowers who emailed the exchange.Magazine: What are native rollups? Full guide to Ethereum’s latest innovation 

A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency. The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March 24, blockchain analytics firm Arkham Intelligence said in an X post.Data shared by the firm shows that despite some sales in February, after the latest purchase, the whale holds over 15,000 Bitcoin in its wallet, worth over $1.3 billion, at current prices. “A $1 billion Bitcoin Whale just withdrew $200 million of Bitcoin this morning from Binance,” Arkham said.The whale started acquiring Bitcoin five days ago after selling off its stash when Bitcoin’s price was between $100,000 and $86,000 in February. CoinGeck data shows on Feb. 1, Bitcoin was worth over $104,000, but it steadily declined to hit a low of $78,940 on Feb. 28. Source: Arkham IntelligenceThe whale movement comes amid a recent Bitcoin price rebound. Bitcoin has been trading $81,000 and $88,000 in the last seven days, according to CoinGecko, with a price surge of 3% on March 24, distancing itself from its $76,900 low on March 11.Bitcoin whale wakes from slumber At the same time, another Bitcoin whale has woken up after eight years of dormancy, moving over 3,000 Bitcoin, worth $250 million, in one transaction on March 22.“His Bitcoin stack went from $3M in early 2017 to over $250M today — and he’s held Bitcoin on one address for over 8 years,” Arkham said in a March 22 X post. Another huge Bitcoin holder, BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets under management, has been steadily accumulating more Bitcoin over the last week as well, according to Arkham.Across 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion, data on Bitbo’s Bitcoin treasury tracker shows. BlackRock’s iShares Bitcoin Trust (IBIT) also led a rally of spot Bitcoin exchange-traded funds (ETFs) in the US, snapping a five-week net outflow streak by clocking a net inflow of $744.4 million. The bulk of net inflows came from BlackRock’s iShares, which recorded $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.Bitcoin whales weren’t the only ones accumulating more crypto. Lookonchain used Arkham data to track a lone Ether whale who added 7,074 Ether (ETH) to its stash on March 21, worth $13.8 million.Source: LookonchainEther has been moving between $1,876 and $2,097 in the last seven days, CoinGecko data shows. It’s still down over 57% from its all-time high of $4,878, which it hit in November 2021.However, its open interest surged to a new all-time high on March 21, and the number of addresses with at least $100,000 worth of Ether started rising at the beginning of March, from just over 70,000 addresses on March 10 to over 75,000 on March 22.Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

Bankrupt crypto exchange Mt. Gox has just shifted 11,501 Bitcoin in its third significant transaction in less than a month. Blockchain analytics firm Arkham Intelligence alerted the community of the transfer on March 25 on X, revealing the Japanese exchange had sent 893 Bitcoin (BTC) worth around $78 million at current prices to the Mt. Gox cold wallet (1Jbez) and another 10,608 Bitcoin, worth around $929 million, to another wallet, the Mt. Gox change wallet (1DcoA).Source: Arkham IntelligenceThe latest move comes after Mt. Gox shuffled a total of 12,000 Bitcoin worth over $1 billion on March 6 and another 11,833 Bitcoin on March 11.Blockchain analytics platform Spot On Chain said in a March 25 post to X that one of the previous transfers this month ended up in the crypto exchange Bitstamp.Spot On Chain speculates the 893 Bitcoin “sent to the warm wallet will be moved out shortly too.”Source: Spot On ChainArkham data shows the exchange still holds about 35,000 Bitcoin worth $3.1 billion across wallets it controls.Many speculate significant movements from Mt. Gox could mean creditor payouts are around the corner. Creditors have the option to receive their payouts in Bitcoin. A July 2024 Reddit poll following the exchange’s first payout found creditors were not rushing to sell their Bitcoin payouts.Mt. Gox fell into bankruptcy in early 2014 after suffering an 850,000 Bitcoin loss in one of the biggest crypto hacks ever recorded. Before the security breach, it was the largest Bitcoin exchange, handling around 70-80% of trades.After its bankruptcy in February 2014, a Tokyo court appointed a trustee to manage the bankruptcy proceedings and compensate creditors with the exchange’s assets.Related: Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressureHowever, last October, the trustee in charge of the exchange’s Bitcoin stash extended the deadline, pushing it by a full year to Oct. 31, 2025, claiming many creditors “still have not received their repayments because they have not completed the necessary procedures for receiving repayments.”Last December, Mt. Gox also moved over 24,000 Bitcoin, worth nearly $2.5 billion, to an unknown address after the cryptocurrency hit a milestone of $100,000. Magazine: Meet lawyer Max Burwick — ‘The ambulance chaser of crypto’

Two strategic digital asset reserve bills in Arizona cleared Arizona’s House Rules Committee on March 24 and are now headed to the House floor for a full vote.The bills together, if passed into law, would clear the way for Arizona to establish strategic digital assets reserves composed of existing assets confiscated through criminal proceedings in addition to newly invested public funds.The Republicans hold a 33-27 majority in Arizona’s House of Representatives, giving both bills a decent chance of passing. Source: Bitcoin LawsHowever, according to Bitcoin Laws, the final hurdle could be the state’s Democratic governor, Katie Hobbs. Hobbs has a history of vetoing bills before the House, having blocked 22% of bills in 2024 — the highest rate of any state governor.Arizona’s two crypto bills explainedThe two bills recently approved by Arizona’s House Rules Committee are the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025). The Strategic Digital Assets Reserve Bill (SB 1373) focuses on establishing a strategic digital assets reserve made up of digital assets seized through criminal proceedings to be managed by the state’s treasurer. The treasurer would be limited to investing no more than 10% of the fund’s total value each fiscal year. However, they would also be able to loan the fund’s assets in order to increase returns, provided that doing so doesn’t increase financial risks.The Arizona Strategic Bitcoin Reserve Act (SB 1025) specifically deals with Bitcoin (BTC). The bill proposes allowing Arizona’s Treasury and state retirement system to invest up to 10% of its available funds into Bitcoin. Additionally, SB 1025 would also allow for the state’s Bitcoin reserve to be stored in a secure, segregated account inside a federal Bitcoin reserve, should one be established.Related: US states lead in strategic Bitcoin reserve creation — Will Trump deliver on his BTC promise?While Arizona is now considered to be leading the race to establish a state-based digital asset reserve, several other states are hot on its heels.On March 6, the Texas Senate passed the Strategic Bitcoin Reserve Bill (SB-21) by a vote of 25-5. The Texan bill still needs to pass the House and get the governor’s signature to pass into law. Following this vote, a new bill was introduced by Democrat Representative Ron Reynolds to cap the size of the previously uncapped reserve to $250 million.Utah also recently passed Bitcoin legislation, but all references to the establishment of a strategic reserve were removed at the last moment.Meanwhile, the Oklahoma House passed its Bitcoin Reserve Bill HB1203, 77-15 on March 25. That bill will now head to the state’s senate.Magazine: SEC’s U-turn on crypto leaves key questions unanswered