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Dogecoin Price Pumps 3% After Trump Musk Interview As Experts Predict New DOGE 2.0 Will Make A 10X Run

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The Dogecoin price rose 3% in the last 24 hours to trade at $0.106 as of 03:34 a.m. on trading volume that soared 28% to $817 million. This comes after Trump’s interview with Elon Musk, where bettors at one point gave an over 60% chance of Trump mentioning digital assets during an interview, but he did not.   The interview mostly covered a variety of topics, including illegal immigration, the economy, AI, and global warming. Dogecoin Price Aims For A Continued Rally The Dogecoin price has been in a sustained rally since August 5, rising through the rising channel pattern from $0.0878, according to data from GeckoTerminal . The bulls now aim to push the price of Dogecoin above the channel, as it now trades above the 50-day Simple Moving Average (SMA). If the momentum continues, DOGE could eventually surpass the 200-day SMA at $0.1169. Moreover, the Relative Strength Index (RSI) trades within the 50-midline level, an indication that the price of Dogecoin is currentl...

Concordium CTO foresees promise and peril in EU digital IDs

Nibras Stiebar-Bang believes blockchain may help the European Union’s digital identification initiatives. The European Union’s move towards a unified digital identification system aims to enhance regional convenience and security. However, Concordium CTO and CPO Nibras Stiebar-Bang cautions that such efforts must balance improved access with stringent privacy safeguards. In an interview with crypto.news, Stiebar-Bang acknowledged the intent behind standardized digital IDs to ease identity verification for citizens accessing services across EU member states. “It will bring added convenience to both citizens and institutions requiring ID verification,” he said. However, the blockchain expert warned that such convenience cannot undermine personal data protection. “Privacy and data protection” must remain priorities, Stiebar-Bang emphasized, noting apprehensions around increased “digital surveillance” and centralized data storage that c...

LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

LayerZero CEO Bryan Pellegrino is optimistic about the future of the blockchain industry and the “really important plumbing” LayerZero provides for it. The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn't seem that bad to me,” Pellegrino said. LayerZero has seen surging use of its protocol, from 10,000 messages a day six months ago to 650,000 a day now, Pellegrino told Cointelegraph U.S. news editor Sam Bourgi. Its market is rapidly evolving. Pellegrino said: “Historically, it’s been largely DeFi [decentralized finance]. Probably 70% of our overall volume is real DeFi use cases, […] but probably 80% of our inbound is split between gaming and NFTs.” “I think the 36 months moving forward are going to look a lot ...