Securing a US banking license could enhance crypto firms&#8217; regulatory 
compliance, fostering innovation and integration with traditional finance.
The post Coinbase joins Ripple and Circle in bid to secure US banking license 
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Coinbase joins Ripple and Circle in bid to secure US banking license

As stablecoins pass $300 billion market cap, Paxos Labs’ Bhau Kotecha says AI 
agents could turn market fragmentation into an advantage by routing liquidity 
to top issuers.

AI agents may become liquidity drivers for stablecoins, says Paxos Labs co-founder

A new technical analysis is suggesting that Dogecoin’s current rally may still 
have room to grow. According to crypto analyst Kevin, the historical risk 
levels that usually mark cycle tops are currently nowhere near flashing red 
for Dogecoin. Chart analysis of Dogecoin&#8217;s historical risk levels shows that 
the meme coin is still sitting in what looks like a mid-cycle phase, and the 
kind of overheated price action that preceeds exhaustion has not yet appeared. 
Dogecoin Historical Risk Levels Point To More Upside Kevin’s latest post on 
the social media platform X showcased Dogecoin’s historical risk levels in a 
color-coded chart between 0 and 1, with 0 being the lowest risk and 1 being 
the highest risk. The chart, which covers many cycles going as far back as 
2014, shows moments when risk was at extreme levels and prices were near 
exhaustion. Related Reading: Crypto Analyst Predicts What Dogecoin Investors 
Should Expect Price-Wise This Month Periods of high market exhaustions are 
classified in warm colors, with red being the highest. For instance, 
Dogecoin&#8217;s all-time high in 2021 was classified by a red risk level. On the 
other hand, those of low market activity are classified in cool colors, with 
deep blue being the lowest level of activity. The current reading of 0.52 is 
far from those red danger zones, which have historically aligned with blow-off 
tops. Instead, Dogecoin is currently in what Kevin describes as a mid-cycle 
state. That assessment aligns with the latest price action, which shows 
Dogecoin now holding above $0.25 after last week&#8217;s consolidation between $0.22 
and $0.23. Dogecoin’s Biggest Move Still Ahead? With the latest Dogecoin risk 
level sitting at around 0.52, this suggests that Dogecoin has not yet entered 
the type of frenzy that often defines the final phase of a cycle. Therefore, 
it means that the king of meme coin still has a lot of rally to play out, and 
there&#8217;s the possibility of charting a path to a new all-time high if crypto 
market conditions provide the right backdrop. We have not had that type of 
price action yet this cycle. Related Reading: Analyst Forecasts Dogecoin Price 
To See Face-Melting Rally: The Bullish Pattern That Suggests New Highs Kevin’s 
latest update builds on observations he made earlier in August, where he noted 
the importance of monthly Stoch RSI crosses during bull market environments. 
Whenever Dogecoin registered such crosses outside of bear markets, the result 
was a massive upside rally. At that time, the Stoch RSI was climbing from the 
13 level, and this is associated with weak momentum turning into strength. At 
the time of writing, Dogecoin is trading at $0.2554, meaning it is up by about 
12.5% in the past 24 hours. Given the current setup and the possibility of a 
Spot Dogecoin ETF hitting the US market soon, it is reasonable to expect that 
Dogecoin could climb much higher before it enters the overheated territory. In 
this case, hitting the $1 price level is not out of the question. Featured 
image from Getty Images, chart from Tradingview.com

Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming?

The plaintiffs failed to show how Bored Ape Yacht Club and other NFTs 
represent investment contracts under the SEC&#8217;s 3-pronged Howey Test.

Judge tosses lawsuit against Yuga Labs over failure to satisfy Howey test

Bitcoin ( BTC) nearly touched $124,000 on Oct. 3, fueled by “Upctober” 
optimism. The cryptocurrency peaked at $123,966 before settling below 
$122,000. Bitcoin Nears Breakout Amid ‘Upctober’ Optimism On Oct. 3, bitcoin ( 
BTC) came close to breaching the $124,000 mark, fueled by growing optimism 
around the “Upctober” narrative sweeping through the crypto economy. According 
[…]

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