As part of DOGE’s crusade to curb waste and fraud, Musk noted he found around 14 “magic money computers” that can print money out of thin air to make federal payments without any coordination, placing the problems of fiat currency in the spotlight. DOGE Head Elon Musk Discloses Existence of ‘Magic Money Computers’ Elon Musk, […]
Dogecoin (DOGE), the first cryptocurrency born from a famous internet meme, transitioned from a satirical jab at bitcoin to a globally recognized digital asset with a loyal community and real-world utility. DOGE—How a 2013 Internet Gag Turned Into a Multi-Billion-Dollar Market and Elon’s Favorite Crypto Dogecoin (DOGE), launched in 2013, holds the title of the […]
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. 31 the launch of the Grayscale Dogecoin Trust, a new investment vehicle […]
Bitwise aims to launch a dogecoin ETF, tracking DOGE’s price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed […]
Crypto investment management firm Bitwise filed paperwork to establish a Delaware statutory trust for a dogecoin exchange-traded fund (ETF) on Wednesday, according to a post by Bloomberg ETF analyst Eric Balchunas. The firm manages upwards of $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs. Optimism for a wider variety […]
Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs). […]
Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency. “Lots of rich people were supporting bitcoin … But people on the line [at Tesla and […]
Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.com, […]
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation this past month. Shiba inu, on […]
On Nov. 2, 2022, the digital asset custody business and financial services provider Bitgo introduced a wrapped version of the meme coin asset dogecoin built on top of the Ethereum blockchain. The company detailed the wrapped dogecoin initiative, the Wdoge DAO, is through a partnership between the Dogecoin Foundation, Bluepepper, and Mydoge wallet. Bitgo Introduces […]