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Cryptocurrency News Articles
Dogecoin (DOGE) Poised to Lead the Next Altcoin Season, Analysts Say, as Donald Trump's Truth.Fi Plans to Offer Doge and XRP in Made in America ETF
Feb 08, 2025 at 03:00 am
Both DOGE and Ripple's XRP have been navigating a volatile crypto market alongside Bitcoin, which continues to hover below the $100,000 threshold.
Both DOGE and Ripple’s XRP have been navigating a volatile crypto market alongside Bitcoin, which continues to hover below the $100,000 threshold. Each token experienced price corrections, with DOGE dropping 2.43% and XRP losing nearly 5% over the past day.
However, analysts believe Dogecoin could have the upper hand in the next altcoin rally, with growing institutional interest fueling its momentum.
Trump’s Truth.Fi to Offer Doge and XRP in Made In America ETF?
Both dogecoin and XRP could be included in a new exchange-traded fund lineup filed under Donald Trump’s media venture.
According to the trademark applications filed on Feb. 6 by Trump Media and Technology Group (TMTG), the company is planning to launch a financial services brand called “Truth.Fi.” Among the filings are applications for the Truth.Fi Made in America ETF, which might include U.S.-based digital assets.
The fund could include Ripple’s XRP, Solana, Dogecoin, and the U.S.-issued stablecoin USDC, forming a kind of domestic digital asset reserve in ETF form. The filings also include the Truth.Fi U.S. Energy Independence ETF and the Truth.Fi Bitcoin Plus ETF.
Together with Truth Social, the social media platform launched in 2022, the new financial services will operate under TMTG, the parent company. The filings come as part of Trump’s broader initiative to launch a suite of MAGA-themed ETFs and separately managed accounts (SMAs).
Earlier this year, TMTG filed trademark applications for several exchange-traded funds, including the Trump Bitcoin Plus ETF, Trump Energy Independence ETF, and Trump U.S. Manufacturing Plus ETF. The applications also hinted at plans for a Trump World Index Fund and a Trump MAGA Fund.
While the lineup of digital assets in the Made in America ETF has yet to be officially confirmed, the inclusion of XRP, Solana, Dogecoin, and USDC would mark a significant development for these assets. XRP, in particular, has been facing challenges in the U.S. due to the ongoing lawsuit by the Securities and Exchange Commission (SEC).
If included in the ETF, it could provide a new avenue for institutional investors to gain exposure to XRP and other digital assets in a single fund. The SEC’s decision on whether to approve the XRP Spot ETF will also play a crucial role in determining the future path of XRP and its price performance.
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- Fort Hamilton Civilian Employees Recognized for Outstanding Service
- Feb 08, 2025 at 08:21 am
- William G. Kidd, U.S. Army Installation Management Command Training Directorate director, recognized six Fort Hamilton civilian employees Jan. 29, presenting each with his director's coin at the installation's Community Club.
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- iDEGEN Presale Gains Momentum as Bitcoin and Ethereum Undergo Corrections
- Feb 08, 2025 at 07:26 am
- Bitcoin and Ethereum are witnessing corrections as bullish sentiment weakens. While these giants struggle, new opportunities are emerging in the market. One standout project, iDEGEN, has captured attention with its unique presale model, raising over $20 million. With its presale ending on February 26, 2025, iDEGEN could be positioned for a significant breakout.