Speculation surrounding Elon Musk's X payment system launch is fueling optimism for a potential Dogecoin (DOGE) rally. As Musk plans to transform X into an "everything app," recent leaks suggest that X Money, the platform's payment system, could launch soon, despite lacking full regulatory approval in some US states. Influencers, including Alex Finn, have noted that the newly released code hints at a rapid rollout. Musk’s strong ties to Dogecoin, alongside his previous support, have further fueled expectations for a DOGE price surge.
Bitgert ($BRISE), originally launched on the BNB Chain, has transitioned to a standalone blockchain focused on ultra-fast transactions and low fees, positioning itself as a key player in the decentralized finance (DeFi) space. Currently trading at $0.0000001238 with a market cap of $49.04 million, $BRISE shows signs of growth with a 35.96% increase in 24-hour trading volume. The Bitgert Exchange, offering both Lite and Advanced modes, caters to a broad range of traders. Analysts forecast $BRISE could rise to $0.0000002500 to $0.0000004000 by 2025, signaling strong growth potential for the coin.
Strive Asset Management, co-founded by Vivek Ramaswamy, is filing to launch the Strive Bitcoin Bond ETF, offering investors exposure to Bitcoin through bonds from companies like MicroStrategy that integrate Bitcoin into their treasury strategies. This ETF targets those seeking to diversify their portfolios or capitalize on Bitcoin’s growth, without the volatility of direct ownership. With increasing corporate Bitcoin adoption, Strive’s ETF could become a key player in the evolving investment landscape, attracting a broad range of institutional and individual investors.
The Shiba Inu community has confirmed the eagerly awaited launch date of its TREAT token, set for January 14, 2025. This announcement, shared by marketing lead Lucie, has sparked excitement within the crypto space, particularly among SHIB investors. The news comes at a time when SHIB's market performance is experiencing volatility, with traders eagerly awaiting potential shifts. The upcoming TREAT token launch is expected to boost market optimism, following the recent success of “SHIB: The Metaverse,” adding more anticipation for the Shiba Inu ecosystem.
Phoenix Group, one of the world’s leading Bitcoin miners, has launched a new 50 MW cryptocurrency mining facility in North Dakota. This expansion underscores the company's commitment to enhancing its capabilities and investing in the US. The facility, completed swiftly, will contribute over 2.7 exahashes to the company’s global processing power once fully operational. The move positions Phoenix Group as a prominent player in large-scale digital asset infrastructure.
Also read: TapCoin Daily Combo 07 January 2025: Play To Earn Rewards
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.
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