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Crypto asset management firm Grayscale is announcing the launch of a new trust that would give investors access to the popular meme asset Dogecoin (DOGE). In a new press release, the investment giant says it is creating the Grayscale Dogecoin Trust as it believes DOGE has matured from a simple memecoin into a legitimate global financial tool. As stated by Grayscale’s head of products and research, Rayhaneh Sharif-Askary, “Dogecoin has matured into a potentially powerful tool for promoting financial accessibility. We believe, as a faster, cheaper, and more scalable derivative of Bitcoin, Dogecoin is helping groups underserved by legacy financial infrastructure to participate in the financial system. Grayscale Dogecoin Trust offers investors exposure to an asset that is positioned to help fulfill Bitcoin’s originally intended use case and its egalitarian ethos.” According to the press release, the Dogecoin Trust will operate like any other...

The Celestia price prediction reveals that the TIA price tests the previous downtrend channel’s resistance as a support level. If this level holds, it could provide the foundation for a continued upward move. Celestia Prediction Data: Celestia price now – $4.23 Celestia market cap – $2.16 billion Celestia circulating supply – 509.46 million Celestia total supply – 1.09 billion Celestia Coinmarketcap ranking – #52 Early participation in crypto projects can yield significant gains, as seen with Celestia (TIA). Currently trading at $4.26, TIA has surged over 900% from its all-time low of $2.03 on October 31, 2023, to its all-time high of $20.91 on February 10, 2024. This highlights the potential rewards of early investment in promising blockchain projects. TIA/USD Market Key Levels: Resistance levels: $6.50, $7.00, $7.50 Support levels: $2.00, $1.50, $1.00 TIAUSD – Daily Chart The daily chart of TIA/USD indicates a bearish trend ...

In a meeting following the European Central Bank’s (ECB) interest rate cut announcement, the bank’s President, Christine Lagarde, reiterated her long-standing criticism of cryptocurrencies in general, and Bitcoin (BTC) in particular. The central bank president, who stated that crypto was worth ‘nothing’ back in 2022, and later revealed that her son had lost roughly 60% of his investment in digital currencies, was asked to comment on Czech National Bank (CNB) Governor Aleš Michl’s Bitcoin acquisition plan — which would see the CNB allocate up to 5% of its total reserves to the leading cryptocurrency. At press time, Bitcoin was changing hands at $106,330 — having marked an 11.62% increase in price since the beginning of the year. However, even a cursory glance at the chart reveals significant volatility — which is the basis of the criticism levied against the asset (at least in terms of its role as a possible reserve currency). ...

A Cardano Ripple alliance signals a major shift in cryptocurrency market volatility and regulations, with fresh developments showing stronger blockchain scalability and game-changing U.S. government crypto support. Charles Hoskinson’s blockbuster announcement about teaming up with the U.S. government on cryptocurrency regulations points to a massive partnership brewing between these powerhouse blockchain platforms. Source: Binance Also Read: Powell’s Fed Shift Sends Bitcoin Soaring 15% to $105K Before Meeting How Cardano & Ripple’s Alliance Could Drive Crypto Adoption Source: Financial Times Political Connections Strengthen Blockchain Position Tons of buzz surrounds the Cardano Ripple alliance as it builds serious U.S. political connections. The crypto world lit up when Amelie (@_Crypto_Barbie) shared a video on X where Hoskinson announced his plans to collaborate with the U.S. government on cryptocurrency regulations. A string of power meetings between Ripple’s top br...

Within just one year, the asset management behemoth BlackRock (NYSE: BLK) has become a major Bitcoin (BTC) hodler as it acquired a total of 572,616 BTC since the launch of its iShares Bitcoin Trust ETF (IBIT). Unlike many of its peers, the finance giant opted not to sell during the recent cryptocurrency selloff, initiated as a spillover from the technology sector in the wake of DeepSeek’s release, and it has loaded up on an additional 11,000 BTC in the last 7 days. Such activity ensured that the total value of BlackRock’s Bitcoin holdings, at press time on January 29, amounts to a high $62.25 billion, per the data Finbold retrieved from Arkham. Picks for you Giza’s autonomous yield optimization agent ARMA goes live on the Base network 1 hour ago ...

A Utah House committee has passed a bill that would give the state permission to allocate up to 5% of its public funds to crypto, with the new measure heading to the House for a vote. In an 8 to 1 vote on Jan. 28,  the Utah House Economic Development Committee passed HB 230, the Blockchain and Digital Innovation Amendments. Utah Could Allocate Up To 5% Of Public Funds To Digital Assets The bill was proposed on Jan. 21 by Utah Representative Jordan Teuscher. If approved, it will give the state the authority to allocate up to 5% of public funds to “qualifying digital assets.” This includes cryptos with market capitalizations greater than $500 billion or certain stablecoins. The second substitute of the original bill was updated yesterday to include rules for zoning restrictions on crypto mining. Now, the bill will head to the full House. It will need to receive majority approval in both the full House and in the Senate before it will be passed on to a governor who w...

The US Senate has confirmed the billionaire hedge fund manager Scott Bessent as the new US Treasury Secretary. The Senate approved Bessent’s confirmation by a vote of 68 to 29 on Monday, 16 Democrats supporting his nomination.  Brad Garlinghouse, Ripple CEO, congratulated Bessent on X, expressing confidence that he would implement practical economic policies and collaborate with the Trump administration and Congress “to grow US tech and crypto innovation.” Congrats to the newly-confirmed Treasury Secretary Scott Bessent! He'll be an incredible leader for Americans! I'm confident he'll enact common-sense economic policies, working with the Administration and Congress to grow US tech and crypto innovation. — Brad Garlinghouse (@bgarlinghouse) January 28, 2025 The main responsibility of the Treasury Secretary is to oversee the nation’s tax collections and its $28 trillion Treasury debt market. Bessent will also be responsible for fiscal policy, f...

In one of the biggest surprises of the stock market year already, Nvidia (NVDA) has plummeted more than 12% in the last 24 hours as Chinese AI startup DeepSeek has all of Wall Street panicking. Indeed, the AI chipmaker has stumbled alongside some of the biggest names in the tech sector. There is a widespread fear that DeepSeek could challenge the United States’ dominance within the emerging industry. The capabilities of the new free, open-source, large language model have made waves since its December launch. Now, the tech sector is feeling the pressure through the stock market. JUST IN: Nvidia $NVDA shares fall 13%, erasing $500 billion in market value. — Watcher.Guru (@WatcherGuru) January 27, 2025 Also Read: DeepSeek’s Rise: How China’s $236B Influx Could Crush NVIDIA (NVDA) AI Stocks DeepSeek Makes Waves: AI Startup Drives Nvidia, Microsoft, META, and More Down Less than five days ago, Nvidia officially surpassed Apple (AAPL) to become the largest company in the world by marke...

Funtico, the full-stack, chain-agnostic Web3 gaming platform, has announced its Token Generation Event (TGE) and, therefore, the launch of its TICO token, as per a report shared with Finbold on Monday, January 27. TICO will be available to traders on major cryptocurrency exchanges, including Gate.io, MEXC Global, BitMart, and Uniswap, at noon (12:00 PM) UTC. As one of the core parts of Funtico’s ecosystem, TICO will unify gaming experiences, AI-powered systems, and transactions across various platforms. Initially launched as an ERC-20 token on the Avalanche C-Chain and then seamlessly bridged to other chains like Ethereum (ETH), Base (BASE), and Polygon (MATIC), the new token will provide interoperability to both developers and gamers. Picks for you DeepSeek AI predicts XRP price for end of 2025 44 mins ag...

Meme coins have become the new frontier for crypto lovers and investors, fueling a vibrant wave of speculation, humor, and community-driven innovation. But let’s face it—while some memes fizzle out, others leave a lasting mark, creating unexpected value. Among the frenzy of digital tokens, Garlicoin, Dingocoin, and Doge Eat Doge are emerging as the ones to watch. For seasoned investors and risk-hungry newcomers, these meme coins offer more than laughs—they’re promising opportunities with unique growth potential in a volatile market. Trending Meme Coins to Invest In Now In this Analysis , we dive deep into the factors that make these coins stand out. By examining market trends, price performance, volatility, and community engagement, we reveal how Garlicoin, Dingocoin, and Doge Eat Doge are carving their paths in the meme coin ecosystem. Each coin shows unique signs of stability, solid returns, and a roadmap to sustainability that sets it apart from the meme co...

One of the biggest surprises of the cryptocurrency market this year so far has to be none other than Chainlink. The token has been on a clear winning streak, and although its gains have gotten far less substantial, it has kept increasing. That has led to some optimism from experts, as Chainlink has gotten a $50 price target with analysts getting increasingly bullish on its potential. The network has been closely connected to the emerging tokenization market. As it works alongside traditional finance juggernauts like JPMorgan and BNY Mellon, its potential only increases. That reality has many expecting it to rival some of the biggest winners the industry has seen over the next several months. Source: Watcher Guru Also Read: Chainlink Dip Can’t Stop 19% Gain: Why LINK Is Bound for $32 Chainlink Potential Keeps Increasing as January Performance Has Analysts Targeting $50 Things are certainly changing for the digital asset sector this year. New US President Donald Trump has already signed ...

The Avalanche price prediction is currently showing a slightly bullish trend as it moves closer to the 9-day and 21-day moving averages. Avalanche Prediction Data: Avalanche price now – $36.69 Avalanche market cap – $14.57 billion Avalanche circulating supply – 411.57 million Avalanche total supply – 449.91 million Avalanche Coinmarketcap ranking – #12 Avalanche (AVAX) exemplifies the rewards of early adoption in cryptocurrency, with its price skyrocketing by an incredible +1214.38% from its all-time low of $2.79 on December 31, 2020. Although currently trading between $34.64 and $36.74, it once reached an impressive all-time high of $146.22 on November 21, 2021, highlighting its potential in the market. AVAX’s performance underscores the opportunities within the crypto space for those who recognize promising projects early. AVAX/USD Market Key Levels: Resistance levels: $50, $55, $60 Support levels: $22, $17, $12 AVAXUSD – Daily C...