Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks

A crypto analyst is betting big on Dogecoin, the internet’s favorite meme coin, despite its current slump—it’s still down over 70% from its peak. The expert points to historical trends and strong technical indicators suggesting Dogecoin is primed for a major breakout, possibly even smashing its previous all-time high of $0.74. If the pattern holds, we could be in for a wild ride.

Editor’s Note: Dogecoin’s volatility is nothing new, but if this prediction pans out, it could reignite the hype around meme coins and pull in both retail investors and crypto speculators. Whether you’re a true believer or just watching for fun, this kind of rally could shake up the broader crypto market—for better or worse.

The competition to launch the first Spot Solana ETF is heating up, with 21Shares making last-minute tweaks to its application after the SEC asked for adjustments. This move signals both the growing interest in Solana as an investment and the regulatory hurdles still facing crypto-based financial products.

Editor’s Note: If approved, a Solana ETF could make it easier for mainstream investors to bet on SOL without directly holding the asset—a big step toward broader crypto adoption. But the SEC’s request for changes shows regulators aren’t rubber-stamping these products yet, so don’t hold your breath for an instant green light.

TRON has overtaken Ethereum as the go-to network for Tether (USDT) transactions, handling about seven times more daily USDT transfers. By mid-2025, TRON’s USDT supply is expected to top $80 billion, thanks to its low fees and gasless transactions. But it’s not all smooth sailing—some folks are still wary of potential risks.

Editor’s Note: Stablecoins like USDT are the backbone of crypto trading, so where they settle matters. TRON’s rise suggests traders and platforms are prioritizing speed and cost over Ethereum’s established ecosystem—but skepticism lingers. This shift could reshape how stablecoins are used in DeFi and everyday transactions.

Tether, the company behind the USDT stablecoin, just reported a whopping $5.7 billion profit while revealing it now holds a record $127 billion in US Treasury investments. They've been printing USDT like crazy this year—over $20 billion worth—with $13.4 billion of that coming just last quarter. Basically, demand for their dollar-pegged crypto is through the roof.

Editor’s Note: This isn’t just another crypto earnings report—it’s a snapshot of how stablecoins are eating the financial world. Tether’s massive Treasury holdings mean it’s acting almost like a shadow bank, and its explosive growth shows traders are clinging to USDT as a safe haven in crypto’s wild swings. Whether that’s reassuring or risky depends on who you ask, but one thing’s clear: stablecoins are now too big to ignore.

Solana's decentralized exchanges are buzzing with activity as meme coins like PumpSwap lead a sudden surge in trading. PumpSwap alone controls a whopping 70% of the market, riding a wave of new token launches and traders chasing big (but risky) gains. The article suggests now might be the time to jump on the meme coin bandwagon—if you're comfortable with the volatility.

Editor’s Note: Meme coins are back in the spotlight, at least on Solana, and their explosive growth signals a shift in trader sentiment toward riskier crypto plays. Whether this is a short-term frenzy or the start of a bigger trend matters to investors looking for the next big (or disastrous) bet. If nothing else, it’s a sign that crypto’s wild speculative side is far from dead.