Bitwise Dogecoin ETF is on track with a Delaware statutory trust application.
Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company is said to have registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware's Department of State's Division of Corporations, setting the stage for an official ETF filing with the SEC.
In a significant development for both the memecoin and the broader cryptocurrency landscape, Bitwise Asset Management has filed for a Dogecoin ETF in the state of Delaware. This application marks a notable addition to the growing roster of exchange-traded products aimed at providing investors with new avenues for cryptocurrency exposure.
Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State's Division of Corporations on Jan.
The crypto asset manager's latest business filing signals a potential expansion into a new category of ETFs made based around Dogecoin.
Bitwise has made the first steps towards filing for a Dogecoin exchange-traded fund.
Given that the asset is on the verge of marking a lower high, XRP's recent bullish rally is about to face a crucial turning point. This possible development may indicate that the current bull run is coming to an end, which will worry investors who have seen a notable upswing in the last few months.
As President Donald Trump takes office today, the Dogecoin price Target of $1 is more realistic than ever before. Since Elon Musk is naming an entire department after the coin's ticker, analysts believe this marks the beginning of a massive rally for DOGE.
Bitwise prepares a Dogecoin ETF filing under Trumps pro-crypto administration, as funds rush to file surprising ETF applications. The post Bitwise plans a Dogecoin ETF as Trump's pro-crypto administration takes shape appeared first on Crypto Briefing.
Bitwise has reportedly registered a legal entity for a Dogecoin ETF, creating speculation of an imminent filing with the United States Securities and Exchange Commission (SEC). This development briefly boosted the price of Dogecoin, which touched $0.373 before settling near $0.36 at the time of reporting.
Bitwise, the crypto asset management firm, has submitted an application for a Dogecoin ETF through a Delaware trust.
A crypto analyst has identified Dogecoin (DOGE) as a top buy opportunity, sharing a technical analysis of the meme coin's future trajectory and potential for a significant price surge.
Traditional U.S. investors could soon witness a state of confusion as the world's first-ever exchange-traded funds based on canine-themed token Dogecoin (DOGE) and the newly launched Official Trump (TRUMP) meme coin may go live as soon as this April.
Shiba Inu's lead developer, Shytoshi Kusama, has sparked discussions across the crypto space after responding to a critic on Twitter who claimed the token must hit $0.50 to regain their attention.
REX Shares, a financial services company known for its innovative approach to ETFs, recently submitted filings for ETFs tied to a few cryptocurrencies, including Dogecoin. These filings mark a pivotal moment for Dogecoin amidst the current excitement in the crypto market, with the positive sentiment now at a multi-year high.
SHIB could soar by 20% to reach the $0.000025 level in the future.
Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.
Shiba Inu price tumbled towards $0.0000021 on Wednesday Jan 22, reflecting 15% losses on the weekly timeframe. On-chain data shows the recent market dip has coincided with a considerable decline in whale demand for SHIB, as newly-launched memes linked to Donald Trump drew investor attention.
The US government's Department of Government Efficiency (DOGE) has published the logo of the Dogecoin meme cryptocurrency on its official website.
Dogecoin (CRYPTO: DOGE) is down 6% after the Department of Government Efficiency website removed the iconic Shiba Inu imagery, a symbol closely tied to the meme coin's popularity. Cryptocurrency Price 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.358 -6.4% -4.4% Shiba Inu (CRYPTO: SHIB) $0.00002025 -3.9% -8.6% Pepe (CRYPTO: PEPE) $0.00001534 -4.5% -16.8% Trader Notes: Despite the dip, crypto chart analyst Ali Martinez remains bullish, forecasting a breakout to $0.39.
Dogecoin (DOGE -7.88%) is seeing a valuation pullback in Wednesday's trading. The cryptocurrency's token price was down 6.3% over the previous 24 hours as of 1:50 p.m.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
DOGE price is down 5% today in the past 24 hours but several technical and onchain metrics suggest that Dogecoin could soon tag new all-time highs.
Dogecoin's hype is driving a price surge: Will this rally hold, or is it just a fleeting moment?
With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.
At the start of 2024, Dogecoin (DOGE) was trading at just $0.09206. The election of pro-crypto candidate Donald Trump in November of that year ignited a wider cryptocurrency market bull run — leading DOGE to close the year at $0.32409 for a 252.04% return.
DOGE whales have purchased almost 600 million tokens in the last 24 hours.
Dogecoin price has continued to consolidate this week as crypto traders rotate to newer meme coins like Official Trump and Fartcoin. Dogecoin (DOGE), the largest meme coin in the industry, was trading at $0.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
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Elon Musk now assumes sole leadership, tasked with implementing DOGE's ambitious cost-cutting objectives.
Dogecoin (DOGE), a leading meme coin, is signaling a potential breakout from its narrow trading range.
The short-term Shiba Inu (SHIB) burn rate has accelerated as the meme cryptocurrency faces increased price volatility.
Dogecoin (DOGE), often regarded as the original memecoin, has been at the centre of speculation. While the broader cryptocurrency market remains volatile, the introduction of the Official TRUMP meme token has sparked discussions about whether Dogecoin could reach $1 by 2025, a milestone that has eluded the asset since its inception.
Day Two of the Trump administration and the DOGE (Department of Government Efficiency) website is up and running. Only time will tell if DOGE actually accomplishes anything.
Check out why the biggest Trump-themed meme coins have been quite popular lately.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain's bnb gained under 1% in the past 24 hours, while Solana's SOL and XRP surged as much as 7%.
Most of the cryptocurrencies have returned to the green zone; however, there are some exceptions to the rule, according to CoinStats.
Buyers have almost seized the initiative as the majority of the coins are in the green zone again, according to CoinMarketCap.
Dogecoin (DOGE -3.83%) is the undisputed king of the meme coins, with a market cap of about $56 billion. The coin has been in a roaring rally since late last year, rising by 355%, and, with the Trump administration signaling a serious pro-crypto bent, it's no surprise that investors are interested in making big gains with a purchase.
Ripple and DTX Exchange offer unique investment opportunities, while Dogecoin tanks. DTX Exchange's multi-asset platform is growing with community support.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trending downwards as market participants closely monitor whale activity, burn rates and technical signals for the next big move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.2 billion -6.7% +4.4% Shiba Inu (CRYPTO: SHIB) $0.00002061 $12.1 billion -2.5% -2.2% Pepe (CRYPTO: PEPE) $0.00001594 $6.7 billion +1.5% -6.2% Trader Notes: Crypto analyst Ali Martinez remains optimistic about Dogecoin's potential for further upside.
“These are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April,” an ETF analyst said.
The Shiba Inu community celebrated a 600% surge in its burn rate, fueling optimism for price appreciation.
The inauguration of President Donald Trump has had an impact on the crypto market, revived investors' interest, and boosted the crypto community. Ripple (XRP) is now close to reaching the $4 goal after crossing $3. Meanwhile, Shiba Inu (SHIB) has been on a downtrend, forcing investors to look for other opportunities.
A crypto analyst has set a lofty price target for Dogecoin: $20. Based on the meme coin's current price of $0.365, the forecast represents a substantial 5,380% increase.
Data shared by the popular crypto tracking service Shibburn reveals that during the past 24 hours, the Shiba Inu community has disposed of a large number of meme coins, pushing the burn rate up four digits.