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Dogecoin (DOGE) is on the brink of a significant price movement as it approaches the completion of its fourth falling wedge pattern, a historically bullish technical formation. Traders and analysts are closely watching this development, anticipating another explosive rally similar to previous breakouts. #Dogecoin nears completion of the forth falling wedge 🔥$Doge has performed exceptionally well after the breakouts of falling wedges:– The 1st falling wedge breakout resulted in a +88% gain.– The 2nd falling wedge breakout resulted in a +208% gain.– The 3rd falling wedge… pic.twitter.com/0BnomlpF9w — Trader Tardigrade (@TATrader_Alan) February 24, 2025 Dogecoin’s price history reveals a strong pattern of gains following falling wedge breakouts. The first breakout saw an impressive 88% surge, setting the stage for continued upward momentum. The second falling wedge led to a staggering 208% increase, further solidifying DOGE’s reputation as a volatile yet lucrative asset. The third and most substantial breakout resulted in a massive 445% rally, catapulting Dogecoin to new heights. These patterns highlight the cryptocurrency’s tendency to experience significant price pumps after breaking out of falling wedges. According to the latest technical analysis, Dogecoin is nearing the end of its fourth falling wedge, as depicted in the accompanying chart. Historically, breakouts from such patterns have triggered substantial price gains, raising expectations of another explosive move. Analysts speculate that if DOGE follows its previous trajectory, the next breakout could lead to a major rally. This anticipation is fueled by the consistent bullish performance observed in past falling wedge formations. The breakout could serve as a catalyst for renewed interest and trading volume, potentially driving Dogecoin to new price levels. Sentiment, Key Levels, Bullish Dogecoin Outlook The Dogecoin community is buzzing with excitement as traders prepare for the potential breakout. Social media platforms are abuzz with speculation about how high DOGE might go, with some optimistic predictions pointing to new all-time highs. The anticipation is further fueled by historical precedents, which show Dogecoin’s propensity for explosive rallies following falling wedge breakouts. This pattern of rapid price appreciation has attracted both retail and institutional investors, adding to the growing bullish sentiment. Technical analysts are closely monitoring key resistance and support levels as Dogecoin approaches the breakout point. The completion of the fourth falling wedge is marked by a tightening range, suggesting an imminent breakout. If DOGE breaks above the resistance level, traders expect a sharp upward movement, potentially mirroring the gains from previous breakouts. Conversely, failure to break resistance could lead to a period of consolidation before the next significant move. As Dogecoin nears the completion of its fourth falling wedge, market sentiment remains bullish, with traders anticipating another substantial rally. Historical data supports the likelihood of a breakout, given the impressive gains seen after previous falling wedge formations. With the crypto community eagerly awaiting the next move, Dogecoin’s price action in the coming days could provide a decisive indication of its short-term direction. Investors are advised to watch key technical levels and stay informed about market developments as DOGE prepares for what could be its next explosive run.

Canary Capital, a digital asset investment firm, filed the 19b-4 for their Hedera (HBAR) Exchange-Traded Fund (ETF). They have recently advanced their efforts to launch an HBAR ETF by filing an amended Form S-1 with the US Securities and Exchange Commission (SEC). This amendment usually comes after feedback from the SEC, showing progress in the regulatory review process. The next step is the filing of Form 19b-4 by the exchange planning to list the ETF. This form officially proposes the rule change needed for the ETF’s approval and listing. As such, today, Nasdaq has officially submitted 19b-4 application documentation in support of Canary Capital’s HBAR ETF. This development mirrors Canary’s previous actions with their Litecoin (LTC) ETF, which also saw an amended S-1 filing following SEC comments. The active back-and-forth with the SEC suggests a thought-out plan to meet regulatory expectations and increase the likelihood of approval. Crypto-related ETF applications have gained notable traction, especially after the SEC leadership change under the current administration. Some analysts, including Bloomberg’s Eric Balchunas, have noted that assets like HBAR and Litecoin now have improved prospects for ETF approval, positioning them favorably among the current slate of altcoin ETF filings. Form S-1 is a registration statement that companies file with the SEC when they want to offer new securities (stocks, ETFs, and so on) to the public. The form covers financial statements, business operations, risk factors for investors, how they plan to use funds raised from the offering, and management and executive compensation details. For crypto ETFs, Form S-1 is filed by the asset management company, and it must be approved by the SEC before the ETF can launch. On the other hand, Form 19b-4 is what’s filed by the exchange (like Nasdaq, NYSE, and Cboe) when they want to list and trade a new security, like a crypto ETF. If an exchange wants to list a new ETF, it must request SEC approval for a rule change to allow the ETF to be listed. The SEC then reviews and decides whether to approve or deny the request. Public comment periods may also be involved. Basically, Form S-1 is about the fund itself, while Form 19b-4 is about listing the ETF on an exchange. In the case of Canary Capital’s HBAR ETF, the amended S-1 suggests SEC engagement, and the 19b-4 filing signals progress toward potential approval. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

#Dogecoin nears completion of the forth falling wedge 🔥 $Doge has performed exceptionally well after the breakouts of falling wedges: - The 1st falling wedge breakout resulted in a +88% gain. - The 2nd falling wedge breakout resulted in a +208% gain. - The 3rd falling wedge breakout resulted in a +445% gain. The next falling wedge breakout could lead to a significant pump for $Doge 🚀

Pro-XRP attorney John Deaton has dismissed criticism that claims that XRP “is a centrally controlled security.” Deaton’s pushback came in response to Jason Calacanis, a crypto commentator, who asserted XRP shouldn’t get the same treatment as Bitcoin. Calacanis claimed that securities laws would become meaningless if the SEC allowed XRP to trade freely. He warned that startups and funds could take advantage of this by offloading large token supplies onto retail investors while keeping control over the majority. Calacanis doubled down, suggesting XRP should only be for savvy investors who truly grasp the potential downsides. Deaton, who famously challenged the SEC’s stance against XRP and won, dismissed Calacanis’s concerns. Showing his legal chops, Deaton pointed out that a federal judge appointed by former President Barack Obama cited his legal efforts in the ruling 2023 that favored XRP. Adding a bit of playful challenge, Deaton mentioned he’d be happy to school Calacanis on securities law, should he be interested. “But he may prefer to issue [FUD] statements like this one, unchallenged, to further promote potential bias,” Deaton said. The debate over XRP’s classification has expanded beyond the SEC case, with new discussions emerging around the FIT21 Bill, a proposed regulatory framework for digital assets. Crypto analyst MoneyGCC raised concerns about whether XRP meets the decentralization standards required for commodity classification. According to MoneyGCC, 70% of XRPL’s UNL validators receive funding directly or indirectly from Ripple Labs. At the same time, the company controls over 40% of the token supply. These facts, MoneyGCC argued, make you wonder if XRP can truly be called a commodity under the law. In response, another commentator, “Straightup,” defended XRP’s decentralization, stating that Ripple does not control the XRP Ledger. The individual pointed out that validators operate independently and that the UNL list is customizable. Related: XRP Not a Security: Ripple Celebrates Landmark Ruling, Warns of SEC Overreach Furthermore, Straightup emphasized that XRP’s supply is controlled through an escrow mechanism, preventing Ripple from manipulating the market. He referenced Ethereum’s pre-mined ICO and the SEC’s legal loss against XRP in secondary markets as precedents supporting XRP’s commodity classification. This whole back-and-forth underlines the bigger mess of crypto regulation. While Bitcoin is widely recognized as a commodity, XRP’s classification has been disputed for years. In 2023, a U.S. court ruled that XRP is not a security. Yet, critics often overlook this fact when attacking XRP. Related: XRP Braces for SEC Meeting—Policy Shift, Appeal Fate & Price Reaction in the Balance The Deaton-Calacanis showdown is a microcosm of the crypto industry’s wider cry for clear, consistent regulations. Many crypto advocates argue that existing securities laws are outdated and poorly suited for digital assets. They call for tailored regulations that balance investor protection with innovation. Under previous leadership, the SEC maintained that many tokens, besides Bitcoin, could qualify as securities. This position has led to multiple lawsuits against crypto companies. However, under new leadership, efforts are ongoing to clarify crypto rules. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Bitget , the leading cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria's National Revenue Agency. The official licensing now enables Bitget to offer a comprehensive suite of crypto services within Bulgaria, including the exchange, trading, transfer, custody, and public offering of crypto assets, as well as wallet services. This aligns with Bitget's broader plans of obtaining EU's Markets in Crypto-Assets (MiCA) license, which will boost its foothold in the region. The VASP license in Bulgaria aligns with Bitget's strategic expansion across the European Union. The company is actively preparing for compliance with the EU's MiCA framework, which seeks to establish a unified regulatory environment for crypto assets throughout the region. "The successful application of the VASP license in Bulgaria is a part of Bitget's expansion strategy to serve users across the European Union," said Hon Ng, Chief Legal Officer at Bitget. "As the EU continues to lead with regulatory frameworks like MiCA, we see strong potential for sustainable growth and innovation in the region while maintaining compliance. Bulgaria serves as a strategic gateway for our European expansion, offering crypto-friendly ecosystems the chance to accelerate crypto's adoption." Ng added, "In 2025, we are excited to continue to grow Bitget's global regulatory footprint in partnership with various regulators around the world. We have a sharp focus on meeting compliance standards in every jurisdiction where we operate and we have been investing in our compliance programme from day one. We believe that our approach enhances user trust, ensures market integrity while at the same time increasing global adoption of digital assets and ensures long-term sustainable growth as we align our operations with emerging regulations worldwide”. Bitget views regulatory compliance as a social responsibility for crypto exchanges, which is evident through its acquisition of approvals in key markets such as Poland, Italy, Lithuania, UK and now Bulgaria. The VASP license in Bulgaria grants Bitget the regulatory authority to offer a wide array of services altered to cater to the needs of digital asset users in the region. These services include the exchange of crypto assets, enabling seamless conversion between crypto and fiat; trading and transfer of crypto assets, facilitating efficient and secure transactions; and custody services, providing a strong framework for safeguarding user assets. Additionally, the license permits the public offering of crypto assets, supporting the scope for innovative token launches and opportunities. In the last three months alone, Bitget has put forth major licensing and expansion updates. It has secured a BSP license in El Salvador , approval in the UK to provide digital asset services , it powered a compliant Vietnam-based exchange BitEXC and is also in talks with FIU in India. With Bulgaria's VASP license, Bitget is now inching closer to being one of the most trustworthy exchanges in the crypto space. The company plans to collaborate closely with European regulators to ensure its products meet all regulatory requirements while prioritizing the protection of user assets and data. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.