The reported divestment follows Nike’s closure of its digital collectibles 
unit and comes as market pressures continue to weigh on NFTs.

Nike offloads RTFKT months after investor lawsuit: Report

Rumble Wallet&#8217;s launch could revolutionize content monetization, enhancing 
creator autonomy and promoting decentralized financial interactions.
The post Rumble and Tether unveil new crypto wallet, enabling direct tipping 
in Bitcoin and USDT appeared first on Crypto Briefing.

Rumble and Tether unveil new crypto wallet, enabling direct tipping in Bitcoin and USDT

Several catalysts have emerged that point to a sustained upward momentum for 
the Dogecoin price. This comes amid DOGE’s 26% gain to begin the year, with 
the meme coin now looking to break above the $0.15 resistance. Factors That 
Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a 
sustained Dogecoin price rally is the recent inflows into DOGE ETFs. SoSoValue 
data show that Bitwise and Grayscale’s funds have recorded net inflows on two 
of the three trading days this year. Notably, the Dogecoin ETFs recorded 
inflows of $2.30 million and $1.60 million on January 2 and 5, respectively. 
This marked the first consecutive daily net inflows since December 3 last 
year. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts 
Rally To $0.8 The daily net inflows into the DOGE ETFs indicate a renewed 
interest among institutional investors in the meme coin, which is a positive 
for the Dogecoin price. DOGE could see a sustained rally if the inflows into 
these funds continue. Notably, Bloomberg analyst Eric Balchunas noted that a 
2x Dogecoin ETF has had the best start to the year among all ETFs, up almost 
40%. Furthermore, activity in the derivatives market also supports a sustained 
rally for the Dogecoin price. CoinGlass data shows that traders on top 
exchanges such as Binance and OKX are currently long. The long/short ratio on 
Binance is 2.06, well above 1. The long/short ratio for top traders on Binance 
is at 2.5, which is also a huge positive. Further data from CoinGlass also 
shows that the derivatives trading volume has surged over 2% to $5.60 billion. 
However, open interest has dropped by almost 7% to $1.78 billion, likely due 
to the market volatility as long positions were wiped out. DOGE Eyes Break 
Above $0.15 Crypto analyst ZiP stated in an X post that on the daily chart, 
the Dogecoin price is currently reacting to a local resistance at around 
$0.15. He further remarked that if the $0.15 resistance breaks, the next zone 
that the DOGE price may aim for is around $0.24. The analyst noted that this 
is where the first significant Fibonacci level, measured from the entire 
bearish move, is located. Meanwhile, ZiP mentioned that an additional 
reference point is the daily pivot at $0.1288, which he noted in the short 
term defines the market’s equilibrium level. Crypto analyst Trader Tarigrade 
revealed that the Dogecoin price has broken out of a falling wedge, showing 
strong upward momentum. Based on this, he predicted that DOGE is ready for a 
major surge, although he warned that the meme coin might retrace briefly. 
Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks 
This Resistance Level At the time of writing, the Dogecoin price is trading at 
around $0.148, down over 2% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Catalysts That Suggests The Dogecoin Price Rally Could Continue

Innovation thrives only when blockchain and crypto remain apolitical, 
compliant and interoperable, ensuring technology serves trust, not political 
agendas.

Blockchain innovation must rise above politics and serve real-world needs

The investment banking giant is seeking to capture additional yield from the 
proposed ETF’s Ether holdings via staking, as institutional investors launch 
more regulated crypto funds.

Cryptocurrency price in AED