Month: January 2025

Purpose files preliminary prospectus for spot XRP ETF

Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term…...
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Elon Musk’s Father Launches ‘Musk It’ Meme Coin To Fund New Think Tank

Errol Musk, father of billionaire entrepreneur Elon Musk, has ventured into the cryptocurrency space by endorsing ‘Musk It,’ a meme coin aimed at raising $150 to $200 million. What Happened: Partnering with business associate Nathan Browne, Errol claims the proceeds will fund the Musk Institute, a for-profit think tank...
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TRON Rises More Than 3% In 24 hours

TRON’s (CRYPTO: TRX) price has increased 3.12% over the past 24 hours to $0.26, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $0.26 to its current price. As it stands right now, the coin’s all-time...
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Grayscale launches DOGE trust: is an ETF next? 

Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin. The move follows a surge in institutional interest and increasing demand for Dogecoin (DOGE) investment products, according to a Grayscale press release. Dogecoin, initially…...
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Cardano Founder Takes Unexpected Turn With CHARLES Memecoin

Charles Hoskinson, founder of Cardano and CEO of Input Output (IOG), has publicly burned a massive trove of a memecoin named in his honor. The token, simply called CHARLES, made its way into Hoskinson’s wallet after he showcased the Lace wallet platform during a live demonstration. That demonstration involved...
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