Bitwise Investment Advisors announced it will terminate and liquidate its Dogecoin ETF (BWOW) with the last trading day on October 14, 2026. The decision aims to optimize Bitwise's product lineup to better meet investor needs, though minimal investor interest and low trading volumes likely influenced the move. Final cash distributions to shareholders will occur on October 22, following the liquidation of Dogecoin holdings on October 14. Dogecoin's price dipped about 2.6% after the announcement, amid broader market pressures including rising bond yields. Bitwise continues to manage other crypto ETFs unaffected by this closure.
Bitcoin dropped nearly 2% below $77,000 after U.S. Producer Price Index data showed a 5.4% year-over-year increase, slightly above expectations. This fueled market bets on a 74% chance of a Federal Reserve rate hike in mid-September. Other cryptocurr...
The RAY token from Raydium surged nearly 97% over the past week, reaching its highest level since January. This rally was driven by a record $640,788 single-day token buyback, the launch of over 15 tokenized US equities like Boeing and Roblox on Sola...
Dogecoin, once seen as a joke in crypto, is gaining serious development with projects like MyDoge, DogeOS, and Anoncoin backed by notable industry figures. These initiatives include a zkEVM testnet, launchpad on Robinhood Chain, and significant fundi...
Dogecoin dropped about 4% to around $0.086 after failing to break through resistance near its 200-day moving average at $0.0964. The decline was amplified by leveraged long positions unwinding, rather than any fundamental news. Immediate support is s...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
