$200M Dogecoin Treasury to Be Chaired by Elon Musk’s Lawyer
In a development that could reshape the narrative around meme-inspired cryptocurrencies, Alex Spiro, longtime lawyer to Elon Musk, is set to chair a new $200 million Dogecoin treasury initiative. The project involves the creation of a public company dedicated to holding large amounts of Dogecoin on its balance sheet. The company, still in its early […]
PENGU Token Slides 20% in August Despite Pudgy Party Game Launch
The PENGU token, tied to the Pudgy Penguins ecosystem, dropped more than 20% in August, underscoring the challenges of sustaining token momentum even as the project rolled out its highly anticipated mobile game, Pudgy Party. The token’s decline came as a surprise to some investors, given the excitement surrounding the game’s debut on Android and iOS. […]
Gryphon Approves Merger with American Bitcoin
Gryphon Digital Mining has secured shareholder approval for its long-awaited reverse merger with American Bitcoin Corp., clearing the way for the combined company to debut on Nasdaq under the ticker symbol ABTC in early September. The move marks the retirement of Gryphon’s brand and the launch of a bold new phase for the Bitcoin-mining sector. […]
Strategy Bitcoin Lawsuit Dismissed After Investors Drop Case
A proposed class-action lawsuit against Strategy, formerly known as MicroStrategy, has been voluntarily dismissed after investors withdrew their claims, bringing a significant legal victory for the world’s largest publicly traded Bitcoin holder. The lawsuit, filed in May 2025 in the U.S. District Court for the Eastern District of Virginia, accused Strategy’s leadership of misleading investors […]
Ether ETFs Climb to $13.7B Amid Rising Inflows and Treasury Allocations
Ether exchange-traded funds (ETFs) have surged to $13.7 billion in assets under management, marking a new milestone as institutional inflows accelerate and corporate treasuries increasingly embrace Ethereum. The strong performance highlights a renewed wave of confidence in Ethereum, which had previously trailed Bitcoin in institutional adoption. Inflows into Ether ETFs rose sharply through August, pushing […]