Key Points Dogecoin’s price has nearly tripled over the past year. Lower interest rates, new ETFs, and new decentralized apps could drive it higher. More companies could start hoarding Dogecoin in their own treasuries. 10 stocks we like better than Dogecoin › Dogecoin (CRYPTO: DOGE), which was launched as a meme-based parody of Bitcoin (CRYPTO: BTC) in 2013, has been a wildly volatile token. It had an earliest trading price of $0.0002, soared to a record high of $0.74 in May 2021, but now trades a ...

By Omkar Godbole (All times ET unless indicated otherwise) The SEC, as market regulator, now couldn’t be more pro-crypto if it tried! On Thursday, a spot ETF tied to one of the least "serious” cryptocurrencies — dogecoin (DOGE) — debuted in the U.S. alongside payments-focused XRP. Unlike bitcoin (BTC), ether (ETH) and stablecoins, which act as a stores of value and facilitate decentralized finance, memecoins like DOGE are driven entirely by tweets, and cult-like fandom, just like baseball or pro-wrestlin ...

Ripple price crossed the $3.10 mark on Thursday, Sept. 18, trading at its highest for the week. The widely anticipated Fed rate cut on Wednesday and Rex Shares’ official launch of XRP ETF products form a major bullish catalyst behind XRP’s 5% price gains over the past week. However, the latest trends in derivatives trading metrics suggest a much larger market impact could follow. On Thursday, US-based asset manager Rex Osprey announced the first U.S.-issued ETFs to offer exposure to Spot Dogecoin and Spot ...

Crypto asset manager Bitwise has filed the paperwork to debut an Avalanche exchange-traded fund just as new altcoin investment vehicles are expected to hit the U.S. market.  A Monday S-1 filing with the Securities and Exchange Commission shows that the "Bitwise Avalanche ETF" would use America's biggest exchange, Coinbase, to custody the digital assets.  Avalanche is the crypto network behind AVAX, the 19th-largest digital asset by market cap. Avalanche rivals Ethereum by offering a cheaper and faster block ...