The memecoin fund adds to Grayscale's growing suite of single-asset crypto products.
Grayscale Investments introduces a Dogecoin Trust, offering institutional investors regulated exposure to DOGE. The move signals growing confidence in the meme coin's long-term viability as a financial tool.
Grayscale Investments announced the launch of the Grayscale Dogecoin Trust on Jan. 30, marking a significant milestone in institutional access to Dogecoin, the crypto initially created as a joke but now valued at billions.
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.
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.
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.
Cardano founder Charles Hoskinson recently took action against an unsolicited “Charles” token created by the community. In a live broadcast, Hoskinson shared his frustration with the creation of a meme token in his name, which quickly gained traction and was traded heavily in the crypto market.
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.
With January wrapped up, Cardano (ADA) added a comfortable 14.9% to its price. Nothing too shocking there — historically, January has been kind to ADA, with an average return of 19.7% and a median gain of 3.96%.
Cardano (ADA), the second-largest proof-of-stake (PoS) cryptocurrency, might be getting closer to a splendid price upsurge. Seasoned cryptocurrency trader and analyst Ali Martinez says that the ADA price might be done consolidating very soon.
Cardano (ADA) has been trading below the $1 mark for the past few days, fueling uncertainty and speculation among investors. As the broader market experiences shifting sentiment, ADA remains in a tight consolidation phase, leaving traders eager for its next move.
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.
While Cardano (ADA) saw a notable move to the upside in November of 2024, as the wider crypto market entered a bull run, prices quickly receded.
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).
An anonymous creator behind the ‘Charles' meme coins had transferred 90% of its total supply to Cardano founder Charles Hoskinson, likely aiming to generate hype. Instead of engaging, Hoskinson swiftly sent the tokens to a burner address.
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."
Charles Hoskinson, founder of Cardano and CEO of Input Output (IOG), has publicly burned a massive trove of a memecoin named in his honor. The token, simply called CHARLES, made its way into Hoskinson's wallet after he showcased the Lace wallet platform during a live demonstration.
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.
The Cardano network has completed the Plomin hard fork, which introduced on-chain governance. The mainnet hard fork governance action was successfully enacted on Jan. 29 at 9:44 p.m.
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.
The latest price analysis by Coinidol.com report, the price of Cardano (ADA) has been moving sideways since the price drop on December 20, 2024.
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.
As Cardano makes a comeback in the game after being called a ghostchain, the demand continues to grow. With bulls aiming to catapult ADA price to a new height from $1, should you be joining the Cardano rally?
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%.
Another wave of controversy is making its way through the Cardano (ADA) community, this time aimed at Charles Hoskinson himself. The talk? Claims that he is out of money and eyeing the Cardano treasury for a bailout.
After a 4% drop, Cardano price is slowly crawling back, trading at $0.9559. Although the market turbulence and the decreasing investor interest cost its price trajectory, experts see recovery soon.
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.
The cryptocurrency market continues to show volatility, with meme coins experiencing significant price fluctuations. Dogecoin (DOGE) has seen a minor recovery after reaching a 2025 low earlier in the week, while several Solana-based meme coins have experienced substantial gains. This contrast highlights the shifting dynamics within the meme coin sector.
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.
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.
Dogecoin (DOGE) has made a slight recovery after falling to a 2025 low earlier this week. It's up about 4% in the past 24 hours, bringing its price to nearly $0.337.
Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support.
Dogecoin (DOGE) could be on the verge of an explosive price rally, as recent technical analysis reveals that the popular meme coin may be forming a distinctive Ascending Triangle pattern on its 4-hour chart.