News – Archive

21Shares Files for Spot Dogecoin ETF
21Shares’ Filing: Digital asset manager 21Shares has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin (DOGE) ETF, aiming to track the memecoin’s price.
Partnerships: The ETF will partner with the House of Doge, the corporate arm of the Dogecoin Foundation, for marketing, with Coinbase Custody as the proposed custodian.
Market Context: Dogecoin, with a $24.2 billion market cap…
| DeFi, ETF, Front page, News

From Meme Stock to Bitcoin Treasury: GameStop’s $512 Million Crypto Bet
GameStop purchased 4,710 Bitcoin (BTC) for approximately $512–513 million, marking its first major cryptocurrency investment.
The acquisition, announced on May 28, 2025, via X, follows a $1.5 billion convertible notes offering in April.
GME stock rose nearly 5% in pre-market trading, reflecting investor enthusiasm.
The move positions GameStop as the 13th largest public company holding BTC, aligning with the growing trend of corpor…
| Bitcoin, Front page, News

X Payments Enters Limited Beta, Sparking Crypto Speculation
X Payments Beta Launch: Elon Musk confirmed X Money, a new payment service, is now in limited beta testing, with a full launch planned for 2025.
Crypto Speculation: While no cryptocurrencies, including Dogecoin, are currently included, speculation persists about potential Bitcoin integration.
Financial Super App Vision: X aims to become an all-in-one financial hub, combining social media and peer-to-peer payments, backed by a partner…
| Front page, News

Can Ethereum Reclaim Its Glory? 2025’s ETF Surge and Tech Upgrades
ETF Inflows Surge: U.S. spot Ethereum ETFs recorded $2.1 billion in inflows in December 2024, nearly doubling November’s figures, with $13 million added in a single week in May 2025.
Pectra Upgrade: The recent Pectra upgrade enhances scalability and user experience, doubling Layer-2 capacity and raising the staking cap to 2,048 ETH.
Price Recovery: Despite a 46% year-to-date price drop, ETH surged 43.6% in a week in May 2025, with an…
| DeFi, Ethereum, Front page, News

Justin Sun defends TRUMP memecoin
Justin Sun, TRON founder, likely defended the TRUMP memecoin at a presidential dinner, arguing memecoins drive community engagement and innovation, sparking debate amid ethical concerns.
Research suggests investors spent around $148 million on the $TRUMP memecoin to attend, raising questions about influence-buying.
The evidence leans toward controversy, with critics viewing it as bribery, while Sun dismisses such claims as misguided…
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