Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
31 October 2022 | Other

Dogecoin gains as Elon Musk's deal with Twitter is completed

DOGEUSD

Dogecoin surged on Saturday, October 29, Reuters reported. The hike follows a $44 billion acquisition of Twitter by Elon Musk. 

The CEO of Tesla Inc. has always been an active advocate of cryptocurrency use, exerting a strong impact on Dogecoin and Bitcoin prices.

Earlier, the U.S. company started to accept Dogecoin as a payment method for its goods and services. Meanwhile, Musk's perfume line, launched in October 2022, is also available for sale via Dogecoin. 

The billionaire's tweets referring to Dogecoin as the "people's cryptocurrency" have turned the once little-known digital currency, launched as an Internet meme, into the dream of stock market speculators.

Company MarketCheese

Recommended

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 548 to 550
24 October
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 418 to 420
24 October
United States. Michigan 1-Year Inflation Expectations. The value of the indicator remained at the same level of 4.6%
24 October
United States. Manufacturing PMI. The value of the indicator has decreased from 53.3 to 52.2
24 October
United States. CPI (MoM). The value of the indicator has decreased from 0.4% to 0.3%
24 October
Top news
United States. CPI (YoY). The value of the indicator has increased from 2.9% to 3%
24 October
European Union. Manufacturing PMI. The value of the indicator has decreased from 50.5 to 50
24 October
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
17 October
European Union. Trade Balance. The value of the indicator has decreased from 12.7B to 1B
16 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.4% to 0.1%
6 October
All news

Forecasts

GBPUSD sell
Period: 31.10.2025 Expectation: 1100 pips
GBPUSD tests key support under fundamental pressure
Technical analysis FA Other TA Other Indicators Fundamental analysis
24 October 2025 44
Lyra_Moonwell1
USDJPY sell
Period: 30.11.2025 Expectation: 2000 pips
Selling USDJPY from 153.00
FA Other TA Other
24 October 2025 33
Bruce_Powers
EURUSD buy
Period: 30.11.2025 Expectation: 2100 pips
Buying EURUSD on widening Fed-ECB policy gap
Indicators and reports TA Other
24 October 2025 32
McCarthy_Raymond
AUDCAD buy
Period: 31.10.2025 Expectation: 500 pips
Weaker Canadian dollar pushes AUDCAD higher
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
24 October 2025 30
Emily_Foster
ETHUSD buy
Period: 30.10.2025 Expectation: 22800 pips
Buying ETHUSD if bullish reversal occurs
Technical analysis FA Other TA Other Indicators Fundamental analysis
23 October 2025 55
Lyra_Moonwell1
Natural gas sell
Period: 30.10.2025 Expectation: 340 pips
Natural gas selloff as warm weather forecasts come into play
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
23 October 2025 53
Emily_Foster
Go to forecasts