Your weekly crypto digest is here: market shifts explained, top news unpacked, and one coin spotlighted for your radar.
While D.O.G.E has shut down, DOGE remained unaffected and continued climbing on news of Grayscale’s upcoming DOGE ETF. Learn more about it below.
The broader market is in a distinct “risk-off” mood, with Bitcoin continuing its slide from the $126,000 all-time high set back in October. It has fallen approximately 8.8% this week, trading around $86,700 (As of 12:45 PM, Monday).
chainlink-link-logo-1024x1024.png" alt="" class="wp-image-83103 size-full"/>Hype is building around Grayscale’s upcoming Chainlink Spot ETF. According to Bloomberg’s Eric Balchunas, the first-ever spot LINK ETF could launch this week. Many traders think fresh institutional demand might drive LINK toward $22.
On-chain data indicates significant accumulation by large holders, which could lead to an upcoming supply squeeze and rally. As always, DYOR first.
The U.S. White House confirmed that the Department of Government Efficiency (D.O.G.E), originally launched under Donald Trump and once headed by Elon Musk, has effectively dissolved eight months ahead of its mandate.
Set up in January, the agency rapidly pushed to shrink, defund, or redirect federal agencies toward Trump’s goals. The OPM has now assumed many of DOGE’s duties, according to Office of Personnel Management Director Scott Kupor.
Despite the name overlap, the shutdown appears to have no direct operational impact on the Dogecoin token itself.
In fact, DOGE is gaining momentum with new spot ETFs coming online, including Grayscale’s GDOG and a possible Bitwise launch under the 20-day 8(a) rule. It’s a solid catalyst, despite whale selling and weak technicals weighing on the short-term trend.
The memecoin is up 3% in the last 24 hours, trading at $0.14.
Our experts offer trade recommendations with clear entry points, take-profit targets, and stop-loss levels to help you make informed decisions in a fast-moving market.
From 14th to 21st November, we posted 18 trading signals, with 11 trades reaching their profit targets, achieving a 64.7% win rate for the week. The weekly and average ROI also stood strong at +99.14% and +5.84%, respectively!
