Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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Options markets signal traders are preparing for a potential crypto winter, with sizable wagers indicating Bitcoin may remain within its current trading range soon — BBG. Analysts note that Michael Saylor's Strategy company could be stockpiling reserves in anticipation of a bear market. The "crypto winter" may already be underway — chart.