This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network
TL;DR Grayscale launched the Dogecoin Trust to enable investment in DOGE without the need to directly own the cryptocurrency. Dogecoin has evolved from a memecoin into an asset with potential in financial inclusion and global payments. Bitwise is also seeking approval for a DOGE ETF, reflecting the growing institutional interest in the crypto market.
Coinbase moves to launch Solana futures, betting on institutional demand and growing interest in crypto derivatives.
Dogecoin has broken out of a symmetrical triangle pattern, signaling potential growth and higher resistance levels.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
Grayscale has launched a new investment product that provides exposure to Dogecoin (DOGE), signaling a shift in how the asset manager views the once-dismissed meme coin.
The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.
Solana has experienced exponential growth since it first entered the market as an alternative Layer-1 blockchain. Though the network's market capitalization is still significantly smaller than Ethereum, its top contender, this gap has shrunk considerably over the years.
DOGE is the largest memecoin and the eighth largest cryptocurrency, with a market capitalization of over $50 billion.
Grayscale has launched a dogecoin trust, signaling DOGE's evolution beyond meme status. With institutional backing and growing financial relevance, could DOGE be the next big crypto investment? Grayscale Introduces Dogecoin Trust Amid Growing Institutional Interest Crypto asset manager Grayscale Investments announced on Jan.
Dogecoin's price rose for three consecutive days this week as the cryptocurrency market stabilized and following the launch of a new fund for accredited investors by Grayscale.
Grayscale has launched a new trust designed to offer institutional investors exposure to Dogecoin (CRYPTO: DOGE), marking a notable step in the evolution of meme coins as investable assets. What Happened: The company announced the product on Friday, emphasizing the increasing demand for structured financial products tied to cryptocurrencies.
Grayscale, a U.S.-based asset management firm, has shared the details of its new cryptocurrency-based product. With Grayscale Dogecoin Trust kicking off, the segment comes one step closer to DOGE ETF approval.
Grayscale Investments has announced the launch of a Dogecoin Trust fund to offer investors exposure to Dogecoin (DOGE), a cryptocurrency that has transitioned from its meme coin roots to a symbol of broader financial inclusion. Dogecoin, which started as a joke on the internet with its Shiba Inu mascot, has seen a remarkable journey.
From meme to financial instrument: the new role of Dogecoin in economic inclusion
In a latest development, Grayscale Investments, a leading crypto asset management firm announced the creation and launch of Grayscale Dogecoin Trust. Notably, the Trust offers investors the opportunity to gain exposure to DOGE.
Coinbase Derivatives seeks approval from the CFTC to introduce Solana and Hedera futures. The exchange expects to launch the contracts on February 18, 2025.
Amid the ongoing price rebound by some meme coins, the race to maintain dominance and attract investors has intensified. Frog-themed meme coin Pepe (PEPE) is currently leading the price metrics with a more than 5% increase in 24 hours compared to Dogecoin (DOGE) and Shiba Inu (SHIB).
Grayscale's Dogecoin Trust aims to promote DOGE's role in financial inclusion.
The firm said Dogecoin has morphed into a “tool for global financial inclusion, grassroots activism, and a viable means of payment."
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin. The move follows a surge in institutional interest and increasing demand for Dogecoin (DOGE) investment products, according to a Grayscale press release.
Grayscale Investments launched its newest crypto product today: the Grayscale Dogecoin Trust. It's a major step for the token that started as a joke and ended up in Wall Street's crosshairs.
American crypto asset manager Grayscale Investments has introduced its first Dogecoin Trust in a bid to expand its digital asset offerings. According to its announcement, the new product will offer investors a direct way to gain exposure to DOGE, the native coin of the Dogecoin network.
Asset manager Grayscale has announced the launch of its Dogecoin Trust, a fund that will provide institutional investors with exposure to the foremost meme coin DOGE. This move has also raised the possibility of the asset manager filing for a DOGE ETF at some point.
TL;DR The Solana-based ridesharing app shuts down due to the market's lack of readiness for a decentralized model. Despite lower fees and an innovative structure, the app failed to attract the necessary number of users and drivers.
Grayscale's Dogecoin Trust could enhance financial inclusion and accessibility, potentially transforming Dogecoin's role in global finance. The post Grayscale debuts Dogecoin trust product appeared first on Crypto Briefing.
The asset manager said the token has transitioned from a memecoin to a tool for global financial inclusion.
As Shiba Inu (SHIB) and Dogecoin (DOGE) are experiencing slowed momentum, this promising AI-driven altcoin shows significant growth potential, rising 720%.
In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has announced its closure. The company shared the announcement via its official website and X account, marking the end of an ambitious venture to integrate decentralized technologies into the everyday transport sector.
Errol Musk wants to use the coin to raise $200 million for a think tank—without his son's involvement.
Two cryptos could 10x your portfolio by May. XRP ETF speculation fuels Ripple's rise, while an AI blockchain platform disrupts the $347B trading market.
The crypto market is moving as speculators look for the next altcoin that can compete with Ripple (XRP) and Solana (SOL). One crypto that is gaining some major attention is the IntelMarkets (INTL). This is a presale star now in phase nine that has already surged 811%.
Billionaire Elon Musk, Tesla boss and owner of the X social media behemoth, has reacted to a comment to his post made by a @DogeDesigner user (a member of the Dogecoin team, according to his bio).
Elon Musk's D.O.G.E.-linked announcement has reignited curiosity among Dogecoin enthusiasts amid the token's stagnant price movement.
TL;DR Apollo and Securitize have launched a tokenized private credit fund, ACRED, providing institutional and accredited investors with access to Apollo's diversified global credit strategy. The fund operates on multiple blockchain networks, including Solana, Ethereum, and Avalanche, leveraging Wormhole's interoperability.
Dive into a comprehensive technical analysis of Solana , examining critical price levels, market momentum, and ecosystem growth metrics as the asset consolidates near $237.
Coinbase, one of the leading cryptocurrency exchanges, has taken a significant step towards expanding its derivatives offerings by filing for self-certification to list Solana (SOL) futures contracts. This filing with the US Commodity Futures Trading Commission (CFTC) aims to introduce Solana futures contracts on Coinbase Derivatives, the company's subsidiary focused on futures trading.
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.
When comparing the outcome of investing in the primary token of a major blockchain like Solana (SOL -2.39%) or investing in a silly meme coin like Shiba Inu (SHIB -0.32%), the results are often surprising. And for some investors, they might even be frustrating.
Solana's stablecoin supply has surged by 73% in just 15 days, driven by the launch of TRUMP and MELANIA meme coins.
Coinbase Derivatives has filed with the US Commodity Futures Trading Commission (CFTC) to list futures contracts for Solana (SOL) and Hedera (HBAR).
In a freshly shared four-hour chart of the DOGE/USDT trading pair on Binance, crypto analyst Carlos Garcia Tapia warns of potential downside for Dogecoin as weekend trading approaches.
Dogecoin shows signs of market recovery with increasing trading volume, rising open interest, and bullish technical patterns as price holds above $0.31 support level.
Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives. The Solana futures market is set to introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700.
Whale movements often signal the next big trend in crypto. Right now, they have halted selling activity for the Cardano (ADA) coin. Analysts believe a price surge could follow suit soon. Meanwhile, these whales have diversified their holdings into the hot new altcoin, IntelMarkets (INTL).
Dogecoin price has once again caught the investors' attention despite it hovering near the flatline today. Notably, market attention has also shifted as Elon Musk reveals the target of the Department of Government Efficiency (D.O.G.E.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.