Dogecoin Open Interest Hits New ATH – Here’s What Happened The Last Time

CleanCore has acquired an additional 100 million Dogecoin, bringing its total holdings to over 600 million DOGE. This move may indicate a growing interest in meme-based cryptocurrencies among institutional investors.

Editor’s Note: This acquisition is significant as it reflects CleanCore's confidence in Dogecoin and could influence market trends. Increased institutional interest in cryptocurrencies can lead to greater legitimacy and stability in the market.

REX Shares is set to launch the first US exchange-traded fund (ETF) providing spot exposure to XRP this week, under the ticker XRPR. This marks a significant milestone in the cryptocurrency market.

Editor’s Note: The debut of the first US spot XRP ETF is a major development for investors and the crypto industry, as it offers a new way to gain exposure to XRP, which is currently the third-largest cryptocurrency. This could attract more institutional investment and increase market participation.

Ethereum has surpassed the $4,600 mark, generating excitement among investors. Institutional interest and staking are driving this surge, although experts warn of potential risks that could slow down the price in the short term.

Editor’s Note: This development is significant as it highlights the growing interest in Ethereum and the cryptocurrency market. The surge in price could lead to increased investment and innovation in the blockchain space, but the caution from experts reminds us of the volatility inherent in cryptocurrencies.

Ethereum-tracking ETFs have seen a resurgence, attracting approximately $360 million in inflows as of September 15. This marks a significant recovery in investor interest as ETH maintains a price of $4,500.

Editor’s Note: The return of inflows into Ethereum ETFs is a positive sign for the cryptocurrency market, indicating renewed investor confidence. As ETH holds steady at $4,500, this trend could lead to further growth and stability in the sector.

Dogecoin's price has dropped 16% from its recent peak of $0.31, but strong support at $0.25 is helping maintain a bullish outlook as the market anticipates the launch of the REX-Osprey Dogecoin ETF.

Editor’s Note: This price dip is significant as it reflects market volatility and investor sentiment ahead of the anticipated ETF launch, which could influence Dogecoin's future performance.

PepeNode, the first meme coin utilizing a 'mine-to-earn' mechanism, has surpassed $1 million in its ICO, now reaching $1.18 million with just two days left in the current round.

Editor’s Note: This development is significant as it highlights the growing interest in innovative cryptocurrency models. The success of PepeNode could pave the way for more gamified financial products, attracting both investors and gamers alike.

XRP's price rally has stalled, with a recent fakeout at $3 as large investors continue to sell off their holdings. This trend, along with decreased activity on the XRP ledger, raises concerns about a potential drop towards $2.

Editor’s Note: This situation is significant as it highlights the volatility in the cryptocurrency market, particularly for XRP. The actions of large investors can heavily influence price movements, and a decline towards $2 could impact investor confidence and market stability.

KindlyMD's stock has dropped by 55% following a statement from the CEO encouraging short-term investors to sell their shares. This significant decline raises concerns about the company's stability and future prospects.

Editor’s Note: This situation is critical as it reflects the company's current challenges and could impact investor confidence. The CEO's remarks suggest a shift in strategy, which may lead to further volatility in the stock market.

Little Pepe is attracting investors with impressive presale growth and increasing liquidity, along with upcoming exchange listings.

Editor’s Note: This matters because the success of Little Pepe could indicate a growing interest in new cryptocurrencies, potentially influencing market trends and investor confidence.

Gold prices have surged to an all-time high, reflecting strong investor confidence and market demand. This rally is significant for both investors and the economy.

Editor’s Note: The rise in gold prices often indicates economic uncertainty, making it a safe haven for investors. This rally could impact various sectors, including finance and commodities, and signals a shift in market dynamics.

XRP and Dogecoin ETFs are set to launch this week after receiving SEC approval, marking a significant milestone for altcoins in the US market.

Editor’s Note: The launch of XRP and Dogecoin ETFs is a big deal for the cryptocurrency market, as it represents the first time these altcoins will be available as exchange-traded funds in the US. This could attract more investors and increase mainstream acceptance of cryptocurrencies.

Solana's token has gained attention this week due to significant purchases by major players, particularly Galaxy Digital. This surge in buying activity has led to increased investor interest and speculation about a potential price target of $460.

Editor’s Note: This matters because it highlights the growing interest in Solana as a cryptocurrency, driven by substantial investments from influential firms. Such movements can indicate market trends and influence other investors' decisions.

Spot Bitcoin ETFs have attracted $260 million in inflows, potentially helping BTC break the $118,000 resistance level.

Editor’s Note: This is significant as breaking the $118,000 barrier could lead to a new price surge for Bitcoin, attracting more investors and boosting market confidence.

PayPal has launched a new service called PayPal Links, allowing users to create personalized payment links that can be shared via text messages, DMs, or emails. This innovation aims to simplify peer-to-peer transactions.

Editor’s Note: This development is significant as it merges communication with financial transactions, making it easier for users to send and receive money. It reflects PayPal's commitment to enhancing user experience in digital payments.

Today's crypto news covers the latest trends and events affecting Bitcoin, blockchain technology, DeFi, NFTs, Web3, and crypto regulations.

Editor’s Note: Staying updated on cryptocurrency developments is crucial for investors and enthusiasts alike. Understanding daily trends can help navigate the volatile market and make informed decisions.

Bitcoin and Ether exchange-traded funds (ETFs) have attracted over $600 million in investments, highlighting the growing interest in cryptocurrency markets.

Editor’s Note: This surge in investment reflects a positive trend in the cryptocurrency sector, indicating that more investors are looking to diversify their portfolios with digital assets. The popularity of crypto ETFs could lead to increased market stability and further adoption of cryptocurrencies.

Bitcoin's rapid growth is slowing down, indicating it may be reaching its technological limits.

Editor’s Note: This matters because it could affect investors' confidence and the future of cryptocurrency as a whole. Understanding these trends is crucial for anyone involved in the digital currency market.

Swiss banks UBS, Sygnum Bank, and PostFinance have successfully completed the first legally binding payment using blockchain technology, demonstrating its potential for bank deposits and institutional payments.

Editor’s Note: This milestone is significant as it showcases the practical application of blockchain in traditional banking, potentially transforming how financial transactions are conducted and increasing efficiency in the sector.