Despite a recent slide driven by bearish crypto market sentiment, Dogecoin (DOGE) is currently viewed as overvalued due to intense speculation surrounding the imminent launch of Grayscale's Dogecoin ETF (GDOG).
Read MoreDespite a recent slide driven by bearish crypto market sentiment, Dogecoin (DOGE) is currently viewed as overvalued due to intense speculation surrounding the imminent launch of Grayscale's Dogecoin ETF (GDOG).
Read MoreOn Wednesday, investors sold out U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) at the fastest rate possible, despite Jerome Powell, the head of the Federal Reserve (Fed), discounting the likelihood of a rate hike.
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