A widely followed cryptocurrency analyst hinted at a potential 200% rally for Dogecoin (CRYPTO: DOGE) on Sunday, advising followers to buy the dip.

DOGE Ready For Parabolic Surge?

Ali Martinez said that DOGE, which has traded within a broad channel between $0.0537 and $0.4595 for years, is finally “drifting back toward the floor.”

“I’m looking to buy the dip at $0.0537. If this floor holds, we could see a 200% rally back to the mid-range at $0.16,” Martinez said. “Get ready to buy Dogecoin.”

X Money A Factor?

When asked if $4.20 is a realistic target, Martinez said that X Money, the hotly-awaited payments service of Elon Musk‘s social media company X, could act as a catalyst.

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Leading cryptocurrencies dipped alongside stock futures on Sunday as investors assessed President Donald Trump‘s final warning to Iran over the Strait of Hormuz.

Selling Pressure Rises

Bitcoin dived below $68,000 late afternoon but pared losses overnight, while trading volume jumped 13% over the last 24 hours.

Ethereum fell to an intraday low of $2,027, with 24-hour trading volume up 31%. XRP and Dogecoin also traded in the red.

Over $330 million was liquidated from the cryptocurrency market over the past 24 hours, with $241 in long positions obliterated, according to Coinglass data.

Open interest in Bitcoin futures fell 0.21% in the last 24 hours. Meanwhile, Binance’s derivatives…

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This week in the crypto world was a rollercoaster ride, with Bitcoin defending the $70,000 mark amidst market jitters. Ethereum, XRP, and Dogecoin tested their support levels, while Ethereum also entered what analysts are calling a ‘generational buy zone’.

In regulatory news, Nasdaq secured SEC approval to list blockchain versions of stocks and SEC Chair Paul Atkins announced a new crypto framework. Lastly, Morgan Stanley’s Bitcoin ETF set its ticker as BTC tests $70,000 support.

Bitcoin Defends $70,000 As Ethereum, XRP, Dogecoin Test Support

Bitcoin traded around $70,000 as Bitcoin ETFs saw $90.2 million in net outflows on Thursday. Ethereum ETFs reported $136.4 million in net…

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Anchorage Digital has expanded its Atlas network to include an institutional-grade collateral management service, designed to offer secure, 24/7 infrastructure for managing digital asset collateral in response to the growing demand for crypto-backed lending.

With nearly 600 participants and transactions totaling billions, the platform supports up to $4 billion in assets under custody through collateral management and triparty activities.

“Institutional credit markets are evolving, and Anchorage Digital is providing the infrastructure to support that transformation,” Nathan McCauley, CEO and co-founder of Anchorage Digital, said in a prepared statement. “By combining 24/7 collateral…

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Bitcoin traded sideway on Friday, with broader crypto markets showing little momentum despite ongoing regulatory developments.

Notable Statistics:

Coinglass data shows 80,653 traders were liquidated in the past 24 hours for $197.42 million.

SoSoValue data shows net outflows of $90.2 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $136.4 million.

In the past 24 hours, top losers include River, MemeCore and Stable.

Notable Developments:

Trader Notes:  Daan Crypto Trades noted Bitcoin has recently shown a pattern of weak and volatile Friday performance, likely driven by reduced participation from large players and risk-off positioning ahead of the…

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Bitcoin (CRYPTO: BTC) as a retirement plan?

That may be possible using four complementary assets, according to Bitcoin firm Beretirement.

The firm points to a “portfolio garage” of Bitcoin-linked investments, each serving a distinct role:

The framework emphasizes that these assets are not substitutes but complementary layers within a broader strategy:

Core exposure: Bitcoin and IBIT

Income layer: STRC

Growth leverage: MSTR

The key takeaway is that a Bitcoin retirement strategy is not about choosing a single asset. Instead, it involves combining exposure, income and growth based on an investor’s risk tolerance, time horizon and financial goals.

Image: Shutterstock

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The MSBT Filing Details

The filing discloses a basket size of 10,000 shares and an initial seed of 50,000 shares expected to raise about $1 million. 

Morgan Stanley bought two shares early this month for audit purposes.

BNY Mellon will handle the fund’s cash and administrative functions, while Coinbase (NASDAQ:COIN) will serve as prime broker and custodian of its Bitcoin holdings.

The amendment signals progress but does not guarantee approval. If approved, the Morgan Stanley ETF would let investors get exposure to Bitcoin without owning it, joining 11 other spot ETFs including BlackRock’s IBIT that have been active since January 2024.

The Wall Street Push Into Crypto

Morgan Stanley’s…

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Bitcoin (CRYPTO: BTC) is hovering near $70,000 amid ETF outflows and weak sentiment, with one analyst warning the current pattern may mirror past bear markets.

Short-Term Rally Or Deeper Drop?

In a Mar. 20 podcast, crypto analyst Benjamin Cowen said Bitcoin appears to be following a familiar cycle seen in 2014, 2018 and 2022.

He described a recurring pattern in which Bitcoin bottoms in February, rallies into March and then weakens, often leading to another leg lower.

While a short-term move toward the 21-week exponential moving average is possible, Cowen said further downside remains the more likely outcome.

He pointed to 2014 as a key comparison, when Bitcoin formed multiple lows throughout…

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