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“Ah, but dear reader,” you may ask, “what sorcery is this?” Fear not! Our gallant analyst is not merely tossing around predictions like confetti at a carnival. No, indeed! His thesis is built upon the hallowed grounds of historical data, where the spirits of previous accumulations and high-volume trading zones mingle like old friends at a pub. He seems to believe that the lower boundary of a grand pennant-like formation may soon become the stage for Dogecoin’s triumphant return-or perhaps its tragic fall.

Ah, the ever-reliable CoinDesk Indices, your daily dose of market musings-much like a fortune cookie, but with far fewer delights and more numbers that frown at you. Today, we bring news from the front lines of the CoinDesk 20 Index, where the only thing rising is your blood pressure.

The White House has given the go-ahead for a new rule from the Labor Department that could impact how people invest their 401(k)s. This rule would open the door for investments in things like cryptocurrency and private equity within these retirement accounts.

Simultaneously, derivatives positioning is changing faster than a chameleon at a disco party, with top traders enthusiastically building long positions. Historically, such delightful combinations of enthusiasm and confusion have heralded key turning points rather than dragging us further down the rabbit hole of despair.

Fannie Mae, a major financial company that supports nearly 40% of U.S. home loans, will now begin accepting mortgages backed by cryptocurrency, according to a recent report in the Wall Street Journal.

Just two cryptocurrencies, created by a single person, currently have a combined value of less than $9 million. Recent news about these tokens is confusing and leaves many things unclear.

In his X post, Crypto Patel, with the gravity of a prophet and the precision of a soothsayer, declares the $1,800 to $1,400 range as the sacred accumulation zone. A sanctuary for the faithful, where one might hoard Ethereum like a squirrel hoards acorns for a winter that may never end. He points to $4,700 as the great wall, the resistance that must be breached. Beyond lie the promised lands of $10,000, $15,000, and the fabled $20,000. By 2030, he says, the bull will roar, and the peak will be reached. Patience, he intones, is the virtue of the crypto martyr.

Bitcoin ETFs saw a small net increase of $7.8 million on March 25, suggesting things might be calming down after a large decrease the day before. This growth was mainly due to a significant increase in investments into Fidelity’s FBTC ($83.3 million), which balanced out selling of BlackRock’s IBIT ($70.7 million) and small decreases in ARK’s ARKB.

Within the span of a month, one name, Strategy, seized 45,000 BTC, while every other treasury body clacked together a measly thousand. That lone purchase is the cliff‑edge that the rest have slipped from, leaving a 99 % shrinkage in communal enthusiasm, save for the lone Sparrow, Michael Saylor.

According to a recent report from CoinShares, some Bitcoin mining operations are now unprofitable, especially those using older equipment or dealing with high electricity costs.