Bitcoin, Ethereum, Dogecoin Struggle As Mt Gox Repayments Begin: Crypto Analyst Says BTC 'Could Drop To $47,000 From Here'

Global cryptocurrency markets are trading lower as Mt Gox repayments, Germany's Bitcoin transfer, and a surge in short liquidations impact prices. Bitcoin is down 3% at $56,499, Ethereum dips 4.9% to $2,984.6, Dogecoin struggles at $0.1041, and Shiba Inu drops by 3.9%. Notable data shows Bitcoin's strength in key metrics, high levels of short liquidations, and a re-activation of a dormant Bitcoin address after 11.1 years. Mt. Gox has also started repaying creditors after a decade-long wait.

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Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90%

Kamala Harris memecoin reaches new highs as her nomination odds jump to 90%, boosted by Joe Biden's endorsement for the upcoming U.S. presidential elections. Traders are using meme tokens and prediction markets to bet on her potential ascent. - source

What the Key Metrics for Onchain Activity Say About SOL, ETH and Other Chains in 2025

Web3 must transcend superficial metrics to assess true user engagement and growth potential effectively. By employing a comprehensive "health index" that aggregates key user activities, chains like Solana, Ethereum, and Axelar can better gauge engagement quality, vital for success as the industry matures into 2025 and beyond. - source

Dogecoin Now Has 6.69 Million Holders: How It Compares To Shiba Inu, XRP

Dogecoin has now reached 6.69 million holders, demonstrating substantial adoption and bullish prospects. Comparing it to other altcoins, Dogecoin ranks second in holder count, right after Litecoin at 8.08 million and ahead of XRP at 5.24 million. This trend suggests positive long-term prospects for Dogecoin's price. - source

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