Thumzup Media boosts Dogecoin treasury with fresh $2m purchase

The recent clash among SEC commissioners regarding crypto listing standards comes at a pivotal moment as the surge in ETF applications could reshape the cryptocurrency landscape. This debate highlights the ongoing struggle to establish clear regulations in a rapidly evolving market, which is crucial for investor protection and market stability.

Rex-Osprey's new ETFs tracking XRP and Dogecoin have made a strong debut, achieving an impressive $54 million in trading volume. This performance not only exceeds analysts' expectations but also highlights the growing interest in cryptocurrency investment products. As more investors look to diversify their portfolios with digital assets, the success of these ETFs could pave the way for more innovative financial products in the crypto space.

On September 19, 2025, a 12-foot golden statue of Donald Trump holding a Bitcoin appeared in Washington's National Mall, funded by the meme coin community Pump.fun. This statue symbolizes the growing interest in cryptocurrency, especially as the Federal Reserve announced its first interest rate cut of the year, which is seen as a positive sign for risk assets. While Trump has made significant profits in the crypto space, experts believe that the surge in Bitcoin's value is driven more by institutional innovation and expanded investment channels than by any single political figure. This event highlights the intersection of politics and cryptocurrency, making it a noteworthy moment for investors and enthusiasts alike.

The SEC has made a significant move by approving the Grayscale Fund, which includes major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. This regulatory breakthrough is crucial as it opens the door for more institutional investment in the crypto market, potentially leading to greater legitimacy and stability in the sector. Investors and enthusiasts alike are optimistic about the future of cryptocurrency as this approval could pave the way for more funds and products to emerge, enhancing the overall ecosystem.

Dogecoin has seen a notable 13% increase this week, reaching $0.282, despite significant selling pressure from investors. This surge is particularly interesting as over $1.63 billion worth of DOGE has been moved to exchanges, indicating a mix of profit-taking and cautious trading behavior. The shift in assets among long-term holders, as reflected in the coin days destroyed metric, suggests a potential change in market dynamics. This news matters because it highlights the resilience of Dogecoin amidst market fluctuations and could signal future growth opportunities for investors.

The SEC has taken a significant step by approving new listing standards for spot crypto and altcoin ETFs, which could revolutionize the way digital assets are regulated. This change means that the lengthy approval process for each crypto ETF is no longer necessary, potentially paving the way for more investment opportunities in the crypto market. This is particularly exciting for investors looking at altcoins like XRP, which could see increased interest and price movement as a result.

The launch of the first U.S. exchange-traded fund linked to Dogecoin has exceeded expectations, with nearly $6 million in trading volume in its first hour on Wall Street. This impressive start for the REX-Osprey Doge ETF, which trades under the ticker DOJE, highlights the growing interest in cryptocurrency investments and signals a positive trend for crypto-linked products in the financial market.

US lawmakers are pushing back against the SEC's handling of the Tron IPO and are calling for an investigation into its founder, Justin Sun. This situation is significant as it highlights the ongoing tensions between regulatory bodies and cryptocurrency companies, particularly as Tron has recently gone public on Nasdaq. The outcome of this inquiry could have implications for the future of cryptocurrency regulations and investor confidence.

US lawmakers are pushing back against the SEC's handling of the Tron IPO, particularly questioning the regulator's decision to pause its enforcement case against founder Justin Sun. This situation is significant as it raises concerns about regulatory oversight in the cryptocurrency space and the implications for future IPOs, highlighting the ongoing tension between innovation in digital assets and regulatory frameworks.

REX-Osprey's XRP exchange-traded fund (ETF) has made a remarkable debut, attracting over $24 million in just over an hour after its launch on September 18, 2025. This impressive volume not only highlights the growing interest in XRP but also surpasses the initial trading volumes seen with XRP futures products. The success of this ETF is significant as it reflects a positive trend in cryptocurrency investments and could pave the way for more innovative financial products in the digital asset space.

Grayscale is making a significant move by shifting 40,000 ETH as it prepares to stake its holdings, potentially becoming the first US Ethereum ETF sponsor to navigate the SEC's evolving stance on staking regulations. This is important because it could set a precedent for other firms in the cryptocurrency space, showcasing how they can engage with regulatory frameworks while exploring new opportunities in staking.

Dogecoin has experienced significant fluctuations recently, but investors, particularly the 'whales', are now turning their attention to a new cryptocurrency with a projected growth of 93 times. Initially seen as just a fun project, Dogecoin has risen to become the seventh largest meme coin by market capitalization. This shift in focus highlights the evolving landscape of cryptocurrency investments and the potential for substantial returns, making it an exciting time for both seasoned and new investors.

Solmate, a Solana-based digital asset treasury, has successfully raised $300 million in a private placement, thanks to significant investments from ARK Invest and the UAE. This funding is a major boost for Solana's adoption in the crypto space, highlighting growing confidence in the platform's potential. With this capital, Solmate aims to enhance its infrastructure and expand its offerings, which could lead to increased interest and usage of Solana's ecosystem.

An expert has raised concerns that altcoin metrics are being manipulated to mislead investors, which could have serious implications for market integrity. This revelation is crucial as it highlights the potential risks for investors who rely on these metrics for decision-making, emphasizing the need for transparency and trust in the cryptocurrency market.

Trump is looking into alternative candidates for the Commodity Futures Trading Commission (CFTC) chair position as the confirmation of Brian Quintenz faces delays. This situation arose after the Winklevoss twins opposed Quintenz's nomination due to disagreements over enforcement issues with their company, Gemini. This matters because the leadership of the CFTC is crucial for regulating the cryptocurrency market, and delays in appointments can hinder effective oversight and policy-making.

XRP is showing promising signs of stability as it trades above the $3.050 resistance level, indicating a potential for further gains. With a bullish trend line forming and support at $3.040, traders are optimistic about a breakout if the price can surpass the $3.120 mark. This is significant for investors as it suggests a strengthening position for XRP in the cryptocurrency market, potentially leading to increased interest and investment.

Ethereum's price is on the rise, recently surpassing $4,550 and showing signs of potential breakout as it consolidates above key resistance levels. This upward trend is significant for investors and traders, as a successful move above $4,620 could lead to further gains, reflecting growing confidence in the cryptocurrency market.

South Korea's BDACS has made a significant move in the crypto space by launching the first stablecoin backed by the Korean Won, in collaboration with Woori Bank. This development comes as the country eagerly anticipates a new regulatory framework for digital assets. The stablecoin, built on the Avalanche blockchain, represents a crucial step towards integrating traditional finance with the burgeoning crypto market, potentially enhancing stability and trust in digital transactions.