Thumzup Media hasloaned $2.5 million to DogeHash Technologies to support the expansion of its Dogecoin mining infrastructure. The company confirmed the deal on September 30, 2025, framing it as part of a larger strategy in the digital asset space.
The financing aims to fund the deployment of more than 500 new DOGE ASIC machines, which will raise DogeHash's total mining fleet to over 4,000 rigs by the end of the year. The added capacity will significantly increase the company's operational scale and mining output.
This investment comes ahead of Thumzup's planned acquisition of DogeHash. The transaction is pending shareholder approval, and both parties expect the deal to strengthen their presence in the Dogecoin ecosystem.
Thumzup's loan follows a steady series of operational announcements from DogeHash in 2025. The focus remains on infrastructure growth rather than protocol changes or governance updates.
By securing capital, DogeHash is positioning itself to handle larger mining volumes as network participation grows. This approach aligns with a broader industry shift toward consolidating operations under well-capitalized entities to stabilize mining output.
The financing also signals continued institutional interest in Dogecoin's mining economy. Infrastructure scaling, rather than speculative moves, is driving today's Dogecoin developments.
There were no new Dogecoin Core releases or governance changes today. The most recent developer milestone remains Libdogecoin v0.1.4, released on April 10, 2025. This update improved the C library used to build Dogecoin-related applications.
No active proposals or amendments have been introduced on the developer side this week. The protocol's technical layer remains stable while infrastructure actors like DogeHash advance their operational capacity.
The absence of new releases indicates that the current focus in the Dogecoin ecosystem is on scaling mining operations and strategic consolidation, rather than introducing protocol-level changes.
Dogecoin DOGE/USD printed a rising wedge on the daily chart dated Oct 4, 2025. Price trades near 0.25, with the 50-day EMA around 0.24 and RSI hovering near 52. The wedge climbs on higher lows while meeting a near-flat ceiling just under 0.30, which sets a clear decision level.
A rising wedge occurs when price advances within two converging trendlines, with support rising faster than resistance. Momentum often cools as the range narrows. Traditionally, technicians treat it as a bearish pattern that breaks down if support fails. However, markets can invalidate it. If buyers push a daily close above the wedge top near 0.30 with rising volume, the pattern flips from risk to signal.
The chart you shared sketches an upside objective toward 0.45. From today's print near 0.25, that target would sit about 80% higher if a confirmed breakout holds and follow-through emerges. Until then, the wedge support -- drawn from July's higher lows -- remains the near-term line to watch, while the 50-day EMA continues to track as dynamic support beneath price.
Dogecoin's daily MACD (12,26,9) flipped back above the signal line today around the zero area, with the MACD near 0.00152, the signal near 0.00126, and a small positive histogram ~0.00026. The crossover follows a late-September dip that pushed the histogram deep into red bars. Now, bars have contracted and turned light green, which shows momentum shifting from negative to mildly positive as the lines curl upward.
The MACD tracks the distance between two EMAs to gauge trend strength, while the signal line smooths that movement and the histogram visualizes their difference. When the MACD crosses above the signal near the zero line, momentum usually transitions from distribution to accumulation. Therefore, today's alignment favors building strength if subsequent sessions expand the green histogram and keep the MACD rising above the signal.
Context matters, and the zero-line neighborhood often decides whether a new impulse can sustain. If buyers maintain higher highs in the MACD line and the histogram grows, momentum typically supports price follow-through within the existing wedge setup you shared. Conversely, if the lines roll back under the signal and the histogram fades, momentum stalls near neutral. For now, the indicator prints an early-stage turn with improving breadth, and it sets up a path where sustained expansion could validate further upside from current levels.
Ali Martinez (@ali_charts) shared a weekly Dogecoin chart that anchors price within a long-running ascending channel from 2015. The overlay shows price rebounding several times off a shaded "accumulation" band near the channel base, with arrows marking prior touches around early 2017 and late 2020. The chart prints the latest weekly candle near 0.25855 at 10:39 UTC, holding above that band while tracking under the channel midline.
He compares today's structure with two historical impulses annotated on the graphic. The first leg from 2017 carries a measured advance labeled 3,204%, while the second leg from 2021 lists 13,337% to the cycle peak around 0.73356. These vertical markers contextualize how earlier rebounds from the shaded zone preceded sharp expansions toward the channel's upper rails. Therefore, the post frames the current region as accumulation rather than distribution.
Martinez states that Dogecoin "is still in the accumulation phase" and that "the breakout is coming." The chart supports that claim by showing higher lows along the channel floor and a sequence of weekly closes that continue to respect trend support. However, confirmation on this view would still depend on a decisive move through the channel midline and sustained momentum afterward. For now, the weekly map highlights trend integrity above the shaded band while the analyst signals readiness for a breakout.