PENG! x402 narxiPENG

Key Points: New Dogecoin ETF surpasses $20 million in assets. Investors’ sentiment picked up after last week’s scare. $DOGE eyes move to $0.45 after key support bounce. Trading volumes in the past 24 hours have jumped by 15.4% for Dogecoin (DOGE) as the token booked a 5% gain. The market has been recovering from its latest pullback, and $DOGE bounced strongly off a key support area, a move that favors a bullish Dogecoin price prediction. The launch of the REX-Osprey Dogecoin ETF (DOJE) can be considered a landmark moment for meme coins as a whole, as this entire category went from mere internet jokes to taking over Wall Street by storm. REX-Osprey Dogecoin ETF (DOJE) Data – Source: REX-Osprey Official Website The vehicle has already attracted $20 million in assets just a couple of weeks after it hit the trading floor. Although that’s nothing compared to the nearly $400 million the recently-launched Solana ETF has brought in, buying interest could progressively grows as the public becomes more aware of the potential of this entire segment. In the past 7 days, DOGE has outperformed its closest contenders, Shiba Inu (SHIB) and Pepe (PEPE), with an 11.4% gain. None of these two has been tapped by asset management firms to get their own ETF. Hence, Dogecoin’s outlook is much more promising compared to others, except perhaps for Pudgy Penguins ($PENGU ), whose ETF listing could soon be approved as well. Market Sentiment Has Picked Up and Altcoin Season Keeps Going Macroeconomic conditions favor a bullish outlook for meme coins as a whole, as the Federal Reserve is expected to cut rates for a second time this year. Lower rates push market participants to more exotic corners of the financial, world like cryptocurrencies, as they need to chase higher yields wherever they are. Dogecoin has no utility and offers no opportunities to earn passive income as its blockchain operates through a proof-of-work (PoW) mechanism. Nonetheless, the gains that this token has experienced in the past few years are probably good enough to sway some institutional players along the way. Altcoin season has officially kicked off, with both Ethereum ($ETH ) and $BNB Coin (BNB) already making new all-time highs. If Dogecoin ($DOGE ), the 8th largest cryptocurrency by market cap, starts to play catch-up with these two, the token could deliver some attractive gains in the near term. Market sentiment has improved as a result of the latest bounce. The Fear and Greed Index jumped from a 30-day low of 34 (Fear) to 52 now, meaning that investors are now more inclined to take some risks. DOGE Could Deliver an 80% Gain If It Breaks Through This Resistance Tomorrow’s employment data could further boost crypto valuations if non-farm payrolls deliver no surprises, as it would confirm analysts’ view of a second rate cut in October. Meanwhile, the daily chart for DOGE shows an encouraging bounce off a key trend line support that is in confluence with the 200-day exponential moving average (EMA). This increases the relevance of the $0.22 area from a technical standpoint and makes it the key support to watch in case of a pullback. For now, the price is nearing a major supply area at $0.27. DOGE has retreated three times already after tagging this price zone. Hence, if bulls manage to break through the selling and push DOGE above $0.30, we could witness a strong rally that pushes the top meme coin to at least $0.45 in the near term. This translates into an 80% upside potential if bullish momentum picks up its pace. After briefly dropping below the mid-line, the Relative Strength Index (RSI) has now moved above the 14-day moving average, which is often considered a buy signal. DOGE is clearly on the move, and it could soon take off based on these technical readings.

Cango Announces Completion of Secondary Acquisition and Appointment of New Management Team On July 23, Cango Inc. (NYSE: CANG) announced the completion of its transformation into a global #Bitcoin mining company and the appointment of a new board of directors (the "Board") and senior management team. Pursuant to the resolution adopted on July 23, 2025, the Board of Directors appointed: (1) Xin Jin as Chairman of the Board and Non-Executive Director; (2) Peng Yu as Chief Executive Officer and Director; (3) Chang-Wei Chiu as Director; (4) Yongyi Zhang as Chief Financial Officer; (5) Simon Ming Yeung Tang as Chief Investment Officer. To enhance governance, the Board of Directors also appointed: (1) Independent Director Chi Ming Lee as a member of the Compensation Committee and the Nominating and Corporate Governance Committee; (2) Independent Director Yanjun Lin as Chairman of the Compensation Committee and a member of the Nominating and Corporate Governance Committee; (3) Haitian Lu as Chairman of the Nominating and Corporate Governance Committee and a member of the Compensation Committee. During the same period, the board of directors accepted Xiaojun Zhang's resignation as director and chairman of the board, and Jiayuan Lin's resignation as CEO, interim CFO and director. The two also completed a secondary acquisition - selling a total of 10 million Class B common shares to Enduring Wealth Capital Limited for a total consideration of US$70 million; and voluntarily converted all remaining Class B common shares held by their holding company into Class A common shares with $ONE vote per share. After the transaction is completed, they will hold a total of 18.54% of the company's total outstanding shares and 12.07% of the total voting rights; Enduring Wealth Capital Limited will hold approximately 2.82% of the company's outstanding shares and 36.73% of the voting rights. (PR Newswire)

$BTC Digital strategically shifts to #Ethereum and no longer holds #Bitcoin, and completes $6 million in financing BTC Digital Ltd. (code: BTCT), a Nasdaq-listed company, announced that it will shift its core asset strategy from #Bitcoin to #Ethereum and has completed $6 million in financing. The company has established a position of $1 million in $ETH for the first time. In the future, it will convert all existing and new $BTC assets into $ETH, with the goal of achieving tens of millions of dollars in #Ethereum reserves by the end of the year. CEO Peng Siguang said that #Ethereum has become the preferred platform for decentralized finance, tokenization of real assets, and scalable smart contracts. BTCT will launch an $ETH staking plan, expand the asset pool through profit reinvestment, and participate in DeFi, RWA and stablecoin projects, transforming into a digital asset operator with production assets as its core. BTCT previously focused on mining business, covering mine construction, mining pools and data center operations. In the future, it will focus on infrastructure such as $ETH staking, liquidity pools, stablecoin reserves and cross-chain settlement. (Investing)

🔊 Enthusiasts have long claimed driverless cars are around the corner. As they hit the streets, the business model is taking shape too. In this episode of The Big View podcast, James Peng, CEO of industry pioneer Pony AI, explains what’s changed