GameStop pledged 4,709 BTC to Coinbase Credit for covered calls, keeping 
Bitcoin exposure instead of selling in January.

GameStop says Bitcoin position remains in place under Coinbase deal

US spot Bitcoin ETFs saw $171 million in outflows Thursday as BTC fell below 
$70,000 and Middle East risks kept traders cautious.

BlackRock, Fidelity lead Bitcoin ETF sell-off as BTC drops

Tether hires KPMG for its first full USDT audit and adds PwC support as it 
prepares for US expansion after years of BDO Italia attestations.

Tether taps KPMG for first full USDT audit ahead of US push

Over the years, there have been various predictions that have put the Dogecoin 
price as high as $10. Mostly, the last bull cycle was expected to propel the 
meme coin through this target. However, Dogecoin was unable to clear its 
previous $0.74 all-time high, and thus, the $1 level remains elusive. While 
this is going on, a market analyst has shared multiple reasons that will 
actually cause the meme coin’s price to reach the coveted $10 level. The 
Factors That Will Determine The Surge In an X post, crypto market analyst, 
Namtoshi, pointed out four major developments that will need to happen for the 
Dogecoin price to even think of reaching $10. Given that the current 
circulating supply of DOGE is sitting above 169 billion, it would mean that 
the market cap of Dogecoin would have to reach $1.5 trillion for the unit 
price to be $10. Related Reading: Ethereum Accumulation Map Reveals Price 
Roadmap To $20,000 To achieve this, the analyst says that the first thing that 
would need to happen is that the meme coin would have to see massive capital 
inflows. As Bitcoinist previously reported, Dogecoin is still struggling on 
the institutional inflow side. The DOGE ETFs&#8217; inflows have slowed down 
considerably since launch, as it seems investors are focusing on other 
options. Another factor listed is that Dogecoin would have to have some real- 
world utility. For Bitcoin, its use case has been as a store of value. On the 
other hand, Dogecoin has been pushed as a payment method, appearing on 
businesses like Tesla. But the meme coin is yet to garner mainstream usage. 
Third on the list is institutional adoption; this would mean that Dogecoin 
would have to gain widespread institutional adoption as Bitcoin has, 
triggering massive inflows from big players. Adoption by companies through 
direct investment would propel its value, same as Bitcoin. Last but not least, 
the analyst says peak retail mania would have to happen. An example of this is 
back in 2021, when the Dogecoin price rose by over 30,000%, spurred on by 
billionaire Elon Musk. The meme coin would need to see a repeat of this trend, 
but on a much wider scale, to reach $10. X Money Could Be The Answer For 
Dogecoin The launch of X Money is one of the most highly anticipated launch 
currently in the crypto industry and this is because community members are 
waiting to see if it will come with a crypto function. So far, the early looks 
at the feature have shown no sign of Dogecoin, causing many to think that Elon 
Musk may have no plans to make DOGE a payment method. Related Reading: None Of 
The 30 Bitcoin Market Peak Indicators Have Been Hit, So Why Did The Price 
Crash? With the X Money feature set to launch next month in April, Namtoshi 
explains that a Dogecoin integration would be bullish for the meme coin. In 
fact, if DOGE is listed as a payment method, then the analyst says this could 
be the catalyst that drives Dogecoin. Featured image from Dall.E, chart from 
TradingView.com

Pundit Reveals What Would Need To Happen For Dogecoin Price To Hit $10

Tether has reportedly hired KPMG for its first full independent audit of 
USDT’s reserves and brought in PwC to help, as the stablecoin giant eyes a 
multibillion-dollar equity raise.

Cryptocurrency price in BHD