Dogecoin (DOGE $0.1422) has outperformed most of its top-ranking crypto rivals following the mention of its official ticker at the recent Donald Trump rally in New York. D.O.G.E. pumps DOGE price Dogecoin price has rallied by approximately 7% in the last 24 hours to reach $0.145 on Oct. 28. The gains came after billionaire entrepreneur Elon Musk announced his ambitious plan to save American taxpayers $2 trillion through the "Department of Government Efficiency"—a concept he devised to streamline government operations, cut waste, and reduce costs. Notably, the initiative's initials, D.O.G.E., align with the ticker of Musk’s “favorite cryptocurrency” Dogecoin. That has triggered buying sentiment in the Dogecoin market, reminiscent of a similar rally triggered by Musk's mention of D.O.G.E. back on Oct. 15.

Ethereum exchange reserve has plunged by 300,000 ETH, indicating bullish sentiment among on-chain traders. Ethereum ETFs paint an opposite view with $35 million in outflows. Ethereum could rally to $2,707 if prices cross above the 200-day, 100-day and 50-day SMAs convergence. Ethereum (ETH) reclaimed the $2,500 psychological level, recording nearly a 1% gain on Monday. The top altcoin is showing signs of a potential rally following increased exchange withdrawal among investors. However, negative flows in Ethereum exchange-traded funds (ETF) could affect its price growth chances. Ethereum's on-chain activity and ETF flows indicate mixed investor sentiment Ethereum investors have withdrawn about 300,000 ETH, valued at approximately $760 million, from exchanges in the past week, according to CryptoQuant's data.

Ethena Labs denies accusations of using 180 million locked ENA tokens to farm Ethereal rewards. The team confirmed that all Ethena Foundation tokens are not eligible for rewards. Community members accused Ethena's team of using 25% of sENA's supply to farm sats in Season 3. Ethena Labs (ENA) released a post on Monday stating they did not use locked ENA tokens to farm sats rewards on the Ethereal decentralized exchange (DEX) as community members suspected. However, ENA continued its decline, dropping nearly 4% in the past 24 hours. Ethena Labs clears allegations following wallet activity, ENA price declines In an X post on Monday, synthetic dollar protocol Ethena Labs denounced claims that it had used 180 million ENA tokens to farm staking rewards from Ethereal. According to the post, no locked tokens belonging to investors or team members were held as staked Ethena (sENA) to earn rewards.

XRP trades at $0.5169 on Monday, with prices little moved compared with the previous day. Former SEC enforcement lawyer Ladan Stewart criticized the agency and the Biden administration’s approach to crypto regulation. Stewart says that even though there are people interested in working with the regulator, they feel it is not possible. Ripple (XRP) holds steady above $0.5100 on Monday. The native token of the XRP Ledger noted no significant price change for the day. Former SEC lawyer Ladan Stewart shared her thoughts on crypto regulation, the agency’s approach and her experience being on both the industry and the regulator’s side, according to a tweet by Fox Business journalist Eleanor Terret on X

Bybit and its associated companies will pay FTX $228 million in cash after reaching a settlement. The funds will aid FTX in its $16.5 billion creditors repayment. FTT has declined by nearly 5% since the filing surfaced online. In a filing uploaded on Monday, the defunct exchange FTX reached a $228 million cash settlement with the Bybit crypto exchange to support its cash repayment to creditors. The settlement entails that FTX will recover $175 million in assets held in Bybit and an agreement that the latter's trading arm, Miranda, will purchase 105.4 million FTX debtor's BIT tokens for $52.7 million. BIT tokens will allow "debtors to recover significant value for their illiquid and difficult-to-monetize holdings of a volatile asset," the filing stated. FTT token dives 5% after Bybit-FTX settlement The settlement comes after Judge John T. Dorsey of the U.S. Bankruptcy Court of the District of Delaware approved FTX's plans to repay creditors $16.5 billion in cash as opposed to creditors' plea to get paid their total crypto assets balance before the exchange crashed. However, Judge Dorsey ruled on October 7 that FTX should repay creditors 118% of their asset value as of the November 2022 filing, according to a court filing. This is far less than the potential gains creditors would have seen in the past two years on their assets since repayment filing two years ago. It's yet to be seen how the $16.5 billion creditors' repayment will impact digital asset prices, with some crypto community members suggesting that the cash will flow back into the crypto market. Following news of the cash settlement with Bybit, FTX's FTT token plunged by nearly 5% in the past 24 hours. FTT has been on a decline since October 8 after seeing a spike when the court initially approved its plans to repay creditors.

Ethereum co-founder Vitalik Buterin says a goal of one of the blockchain’s roadmap stages is to research “advanced cryptography” to make it resistant to future quantum computers, which could break encryption. “There is a heck of a lot left to do,” Buterin wrote in an Oct. 29 blog post, which shared his thoughts on a part of the blockchain’s roadmap dubbed “The Splurge.” However, he said that quantum computers — which would be powerful enough to break encryption — “do not even exist.” Buterin added any purported quantum computer currently touted on the internet “are either prototypes” or are just “not real quantum computers, in the sense that while they may have quantum parts in them, they cannot run actually meaningful computations.”

Fantom extends gains on Tuesday after finding support at a key support level last week. FTM’s long-to-short ratio jumps to the highest level in October, indicating more traders are anticipating a rally. A daily candlestick close below $0.577 would invalidate the bullish thesis. Fantom (FTM) extends its gains for a fourth consecutive day on Tuesday after finding support at around $0.577 on Friday. The token’s technical outlook suggests double-digit gains are on the horizon, bolstered by a rising long-to-short ratio that reached its highest level in October. Fantom price outlook improves after four-day rally Fantom price retested and found support around its 200-day Exponential Moving Average (EMA) around $0.577 on Friday and rallied over 11% in the next three days. The 200-day EMA level roughly coincided with the 50% price retracement at $0.613, making this level a key reversal zone. At the time of writing on Tuesday, it continues to trade higher around $0.707.

Ethereum price today: $2,670 Ethereum could be set for a bullish future following Vitalik Buterin's latest blog post series. The six-part blog post outlines an ambitious roadmap of how Ethereum will overcome current challenges. Ethereum could flip $2,817 resistance into support after bouncing off key trendline. Ethereum (ETH) is up over 7% on Tuesday and is showing signs of reclaiming the $2,817 key price level. The price growth comes despite criticism of ETH's underperformance and co-founder Vitalik Buterin's six-part blog post response detailing Ethereum's potential bullish future. Ethereum's Buterin releases the sixth issue of the roadmap blog post series Ethereum is increasingly facing criticism from crypto community members for its underperformance compared to Bitcoin and Solana in the current market cycle. While Bitcoin and Solana are about 3% and 31% off their all-time highs, Ethereum lags, down nearly 50% from its all-time high of $4,878.

Dogecoin price today: $0.1700 Dogecoin could test its yearly high resistance of $0.2288 if it reclaims the $0.1756 level. Key technical indicators and on-chain metrics suggest that DOGE may see a correction following high investor profits. DOGE could trigger a meme coin season as its MVRV has reached levels last seen in May. Dogecoin (DOGE) is up over 8% on Tuesday following a massive rally in the past three days. With the price surge, the number one meme coin could attempt to set a new yearly high in the coming days. DOGE needs to reclaim $0.1756 to attempt new yearly high move DOGE is attempting to sustain an extended move above the $0.1756 resistance level. This would see the top meme coin enter into a key rectangular channel after rising nearly 15% within a few hours. However, it saw a rejection around this level as selling pressure prevailed. Since bouncing off the 100-day Simple Moving Average (SMA) on Saturday, DOGE has posted a 33% gain. With the buying momentum rising, the top meme coin could set a new yearly high above $0.2288 if it reclaims the $0.1756 level and maintains a move above it.

Crypto industry members are showing displeasure toward the new US Treasury national strategy for financial inclusion. The strategy addresses new financial approaches but refers to crypto as a risk. With the US presidential elections a few days away, the newly released strategy may negatively affect Kamala Harris' chances. In a speech at the ABA Annual Convention on Tuesday, US Treasury Secretary Janet Yellen revealed a new National Strategy for Financial Inclusion (NSFI), but the issue failed to mention crypto in a good light. With the US presidential election only a few days away, this may negatively impact support for Democrat candidate Kamala Harris. US Treasury addresses crypto as a risk ahead of US presidential election During a keynote speech on Tuesday, the US Treasury Secretary Janet Yellen introduced the new National Strategy for Financial Inclusion (NSFI). The NSFI is a set of objectives aimed at increasing access to secure and affordable financial products and services for every American.