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According to crypto Analysis firm IntoTheBlock, Dogecoin (DOGE) whales have been stacking up on the meme coin over the last few days. According to the platform, whales increased their inflow from 46.25 million to 493.15 million DOGE on Sept. 11. The rise represents an increase of about 970%. Source: IntoTheBlock Also Read: Cryptocurrency: This Coin Spiked 6,000% in Just 1 Year Whale Accumulation And Market Impact IntoTheBlock data shows that 62% of DOGE’s supply is held by large wallets, causing price swings in the event of whale accumulations and sell-offs. The platform also notes that 70% of DOGE holders are in profit, 26% are sitting on losses, and 3% are even. Source: IntoTheBlock Why Are DOGE Whales Buying? Source – Bitcoinist The latest accumulation trend could be due to Elon Musk’s recent comment about being the “Dogefather.” Musk is an avid Dogecoin (DOGE) fan and has never stopped supporting the meme coin. Musk’s comments have often led to s...

The leading cryptocurrency is currently at a crossroads. Indeed, Bitcoin is facing a crucial Q4, as it eyes a continued drop or a surge above the $70,000 level. The former is certainly in play and would have the asset continuing its recent fall below the $50,000 mark. That dire state would have the asset’s price a far cry from the $73,000 record price it reached in March of this year. With some promise showing in the accumulation of BTC, there is reason to believe it could return to similar levels. It would have to conquer notable obstacles it has been unable to overcome over the last six months. Source – Watcher Guru Also Read: Will Trump vs Harris Debate Affect Bitcoin’s September Price Pace? BTC to Fall Below $50,000 or Surge Above $70,000: That is the Question For the last two months, Bitcoin has been in a unique position. Moreover, it has developed a tale of two paths. First, would have the asset dropping to significant lows, while the other would have the leading crypt...