Coinatory

Bitwise Dogecoin ETF Advances as NYSE Arca Files 19b-4 As the NYSE Arca submits its 19b-4 proposal, the Bitwise Dogecoin ETF moves forward. An important step has been taken toward regulatory approval for Bitwise Asset Management's Dogecoin-focused exchange-traded fund (ETF) after NYSE Arca submitted a 19b-4 petition to list and trade its shares. A rule change that would allow the exchange to offer the Bitwise Dogecoin ETF, giving investors direct exposure to the well-known memecoin, is sought in the... Coinatory cryptocurrency news

Elon Musk’s DOGE Targets Costly U.S. Penny Production In an attempt to reduce federal spending, Elon Musk's Department of Government Efficiency (DOGE) has set its eyes on the U.S. penny, an unexpected place to start. The organization, which was first established under the Trump administration, pointed out a startling inefficiency in U.S. Mint operations in a tweet on Tuesday. According to the Mint's 2024 data, each penny costs roughly 3.7 cents to make, while having a 1-cent face value. Approximate... cryptocurrency news