dogecoin

According to U.S. SEC filings, the Dogecoin Foundation has terminated its exclusive trademark licensing agreement with the Nasdaq-listed company House of Doge, effective October 19. House of Doge and its U.S. subsidiaries must rebrand by the end of 2026 and cease using titles such as "official commercial partner of the Dogecoin Foundation." The relevant subsidiaries are also required to pay the foundation a termination fee of $400,000.Under the new agreement, House of Doge retains non-exclusive trademark rights to three existing 21Shares DOGE investment products. House of Doge plans to transfer assets related to Such App to Dogecoin Labs in exchange for shares valued at approximately $4 million, a transaction that has yet to be completed. Dogecoin Labs has become the foundation's new official commercial partner.

According to The Defiant, the Dogecoin Foundation and House of Doge have terminated their previous exclusive brand partnership agreement. Under the arrangement, House of Doge retains limited rights related to investment products.In addition, the two parties have a separate transaction that will exchange assets related to Such App for $4 million worth of Dogecoin Labs stock.

According to CoinDesk, Dogecoin Labs was established with the support of the Dogecoin Foundation, integrating the MyDoge wallet, DogeOS application platform, and Such App payment products into a single independent organization, with Jordan Jefferson serving as CEO. The company will focus on consumer applications, payments, commerce, DeFi, and gaming, while the foundation will continue to be responsible for ecosystem maintenance and open-source development.According to the plan, developers can build applications on DogeOS, DOGE holders can discover and use these applications through MyDoge, and merchants can accept payments via Such App. The beta version of Such App currently supports invoice and offline QR code payments, but the connection with DogeOS is still in the planning stage.MyDoge stated that its user base has exceeded 500,000. DogeOS opened its public testnet on September 30, allowing developers to use test DOGE to build lending, trading, and gaming applications similar to Ethereum. However, the secure connection between DogeOS and the Dogecoin mainnet has not yet been completed, and the related rule modifications are still in draft stage.

Bitwise CEO Hunter Horsley stated in an interview with The Block at the Digital Asset Summit 2026 Asia that the failure of the Bitwise spot Dogecoin ETF is "tragic," highlighting the "difference" between the users served by spot ETFs and those served by crypto brokerage applications. The Bitwise Dogecoin ETF (BWOW) was listed on the New York Stock Exchange in November 2025 and is set to close less than a year after its launch, with trading halting after October 14. According to SoSoValue data, as of October 7, the fund managed approximately $725,900 in assets, with a trading volume of $51,500 in September.Horsley expressed that he likes and holds Dogecoin, believing that it is historically a useless token but represents something and is a reasonable asset; however, it has shown no progress as an ETF. He thinks ETF users do not want to invest money in Dogecoin, but this may change over time; he denied that Bitwise targeted the wrong audience and described crypto ETFs as a channel. In contrast, he is more confident about the success of the Bitwise Solana Staking ETF (BSOL), stating that its pioneering staking feature contributed to its success, but the $1.3 billion in net assets ultimately reflects a bet on Solana.AI is currently one of Bitwise's focuses. Horsley stated that crypto and AI originate from the same source, with the former reconstructing financial services as software and the latter enabling machines to perform tasks previously done by humans;

According to Decrypt, DogeOS has announced the launch of its application layer public testnet based on Dogecoin.DogeOS is an EVM-compatible application layer network designed to allow developers to build applications on the Dogecoin ecosystem. The testnet transaction fees are paid in DOGE, and projects such as lending protocols, perpetual contract trading platforms, stablecoins, and prediction market aggregators have already been integrated.DogeOS was initiated by the MyDoge wallet team, utilizes zkVM technology, and operates as an independent layer without altering the Dogecoin base layer. The official mainnet launch date has not yet been announced.

DogeOS, the application layer of Dogecoin, launched its public testnet on Wednesday, introducing EVM-compatible smart contracts to the Dogecoin network as a zero-knowledge rollup, with DOGE as the native token for transaction fees. The project aims to support applications such as trading, lending, stablecoins, prediction markets, and gaming, while settling state back to the Dogecoin network.DogeOS currently uses a trusted execution environment, validators, and a permissioned sequencer to ensure network security. Future proposed upgrades to Dogecoin Core will allow Dogecoin miners to directly verify their execution proofs. DogeOS CEO Jordan Jefferson stated that Dogecoin does not currently verify ZK proofs on its own, and bridging state transitions requires valid proofs as well as signatures from a majority of validators and TEE signers. He mentioned that the team is currently focused on the public testnet, allowing developers time to build and test applications, with the mainnet timeline to be announced upon reaching the next development milestone.DogeOS comes from the MyDoge wallet team, which announced a $6.9 million funding round led by Polychain Capital in May 2025. Two months later, the DogeOS team submitted a proposal for a Dogecoin Core upgrade to add native ZK proof verification for Dogecoin, but this upgrade has not yet been implemented. Timothy Stebbing, a director of the Dogecoin Foundation, expressed hope that DogeOS will serve as a springboard for a new wave of practical engineering.

According to data from CoinDesk, the three U.S. Dogecoin ETFs have seen a total net inflow of only about $12 million in the past 10 months, while the XRP fund attracted $12.29 million in a single day on September 9. Out of the 199 trading days covered in the statistics, the Dogecoin fund had zero net flow for 166 days, accounting for over 83%. During the period from August 13 to September 10, it also recorded a net outflow of about $108,000.In contrast, since its launch in November 2025, the XRP fund has accumulated a net inflow of $1.7 billion, while the SOL fund has raised $1.36 billion since its launch in October 2025, both exceeding the total amount of the Dogecoin fund by more than 100 times. During the 20 trading days from August 13 to September 10, the XRP fund added $190.5 million, and the SOL fund saw inflows of $199 million, while the Dogecoin fund recorded net outflows. Even though the price of Dogecoin rose over 30% in the last two weeks of August, it did not significantly change this situation.Weak demand has led to a contraction in the product line. Cryptocurrency asset management company Bitwise announced it would close its Dogecoin ETF BWOW, which has been in operation for less than a year since its launch in November 2025, and as of September 9, had an asset size of only $687,700. Trading is expected to stop on October 14, and remaining shareholders will receive cash on October 22. A Bitwise spokesperson stated that the company decided to liquidate the fund to continue optimizing its product line to meet the changing needs of investors.

Cryptocurrency asset management company Bitwise announced on Thursday that it will liquidate and close its spot Dogecoin (DOGE) exchange-traded fund, approximately 10 months after the fund's launch. The last trading day for the Bitwise Dogecoin ETF (BWOW) on the New York Stock Exchange is expected to be October 14, and the liquidation will be conducted in cash, with shareholders needing to take no action.Bitwise stated that the decision to liquidate the fund was made to continue optimizing its product line to meet the changing demands of investors. BWOW was launched in November 2025, with an initial trading volume of approximately $3 million on its first day, but it has failed to reach that level again since then. According to SoSoValue data, the fund saw a net inflow of approximately $318,000 last month, reversing a slight outflow in July.The spot Dogecoin ETF first debuted in the U.S. market in September 2025. Despite being highly anticipated at launch, it failed to attract investor interest. To date, the cumulative trading volume of the Dogecoin fund is approximately $300 million, which is significantly lower than that of alternative coin ETFs such as Hyperliquid ($2.1 billion), Zcash ($1.5 billion), and Chainlink ($680 million).

Bitcoin is currently hovering around the $78,000 mark, with a 24-hour decline of 0.04% and an increase of about 1% over the past week. The overall cryptocurrency market is under pressure due to the strengthening dollar and changes in interest rate expectations, with Solana and Dogecoin leading the decline at around 2%, followed closely by Hyperliquid and XRP; Ethereum, BNB, Zcash, and TRON are basically flat.Meanwhile, the yen has fallen below the 160 mark against the dollar and is trading near the Tokyo market. Market strategists believe that a further depreciation of the yen to around 161 could trigger intervention, while the 162 to 163 range may face stronger intervention pressure. Previously, after Federal Reserve Chairman Waller's speech in Jackson Hole, market expectations for rising U.S. interest rates have heated up, leading bond investors to start pricing in the possibility of a Fed rate hike, which in turn strengthened the dollar.This round of interest rate expectation repricing has previously led institutional funds to withdraw from Bitcoin ETFs. The market will focus on the monthly fund flows of Bitcoin ETFs.

According to The Block, the Dogecoin (DOGE) related organization House of Doge announced a partnership with the regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-level crypto brokerage and custody network.Paxos is the underlying blockchain infrastructure service provider for payment platforms such as PayPal, Venmo, and Mercado Libre, which rely on Paxos' capabilities to offer users the buying, selling, and custody of crypto assets.This initial phase of the partnership is aimed at enterprise clients, and it remains unclear whether it will expand to consumer applications in the future. House of Doge CEO Marco Margiotta stated that this collaboration will accelerate the accessibility of Dogecoin globally and provide a compliant access path for mainstream fintech platforms.Paxos indicated that this move aims to provide secure and compliant access to digital assets through its regulated infrastructure and support enterprise clients in expanding their crypto asset product lines.

According to Coingecko data, HYPE's market capitalization has surpassed Dogecoin (market cap of 15.371 billion USD), currently reported at 15.401 billion USD, ranking as the tenth largest cryptocurrency by market cap. HYPE's price is currently reported at 69.13 USD, with a 24-hour increase of 2%, a 7-day increase of 9.2%, and a 30-day increase of 68.9%.

The privacy coin sector led the decline, giving back most of the recent gains in the crypto market. According to HTX data, ZEC once dropped 5.2% to $619, marking the largest decline among the top 20 cryptocurrencies by market capitalization, but it still rose 8.2% over the past 7 days. Zcash has been one of the strongest performing assets in the crypto market over the past few weeks. Due to Multicoin Capital disclosing its holdings earlier this month and the overall narrative surrounding privacy coins heating up, ZEC has attracted institutional attention. Analysts believe that a 5% pullback after such a rally is more like profit-taking rather than new selling pressure, as structural buyers of privacy coins have been accumulating during the rise rather than distributing.Hyperliquid's HYPE token briefly surpassed Dogecoin in market capitalization during the Asian session before retreating. HYPE fell 4% to $59, while Dogecoin (DOGE) dropped 0.8% to $0.1009. Driven by the launch of perpetual contracts on Hyperliquid ahead of SpaceX's listing last week, HYPE still rose 23.6% over the past 7 days. The macro backdrop has driven a cautious tone in the market. The U.S. Central Command confirmed strikes on missile launch sites in Iran and vessels attempting to lay mines in the Strait of Hormuz, describing them as defensive actions. Brent crude oil rose nearly 2% to $98 per barrel, rebounding from a 7% plunge on Monday (when the London and New York markets were closed for a holiday). The dollar strengthened against all G10 currencies, gold fell 0.6% to $4,545, and S&P 500 futures maintained a 0.6% gain after the U.S. market was closed on Monday.

Revolut has announced the launch of its first physical crypto card, featuring a Dogecoin-themed design and equipped with an LED display that lights up during payment. The card can be used at merchants that support Visa and Mastercard, and it is initially available to users in the UK and the European Economic Area (excluding Hungary, Switzerland, and Portugal).Revolut stated that it does not charge additional exchange fees, but crypto asset payments will be settled at the exchange rate at the time of the transaction, and there may be tax obligations arising from the disposal of crypto assets.

According to SoSoValue data, the cryptocurrency market sector shows mixed performance, with the Meme sector standing out, rising 3.89% in 24 hours. Among them, Dogecoin (DOGE) increased by 7.40%, BUILDon (B) rose by 9.16%, and SPX6900 (SPX) and Siren (SIREN) increased by 3.87% and 4.84%, respectively. Additionally, Bitcoin (BTC) fell by 0.30%, dropping to $77,000; Ethereum (ETH) decreased by 0.87%, maintaining above $2,200.Other standout sectors include: the AI sector, which rose 1.11% in 24 hours, with SkyAI (SKYAI) surging by 27.53%; the Layer2 sector increased by 0.19%, with Arbitrum (ARB) rising by 2.97%.In other sectors, the PayFi sector fell by 0.12%, but Trust Wallet (TWT) rose by 0.95%; the Layer1 sector decreased by 0.39%, with Aptos (APT) surging by 4.75% during the day; the CeFi sector dropped by 0.55%, while Bitget Token (BGB) remained relatively strong, increasing by 1.08%; the DeFi sector fell by 1.06%, but Terra Luna Classic (LUNC) rose against the trend by 8.83%.The cryptocurrency sector indices reflecting historical performance show that the ssiMeme, ssiMAG7, and ssiSocialFi indices increased by 3.28%, 0.81%, and 0.59%, respectively.

A netizen on the social platform X dug up an old tweet from Musk in 2021 saying, "SpaceX will send a real Dogecoin to the real moon," and tagged Musk asking, "When?" Musk responded, "Maybe next year."

According to Decrypt, the 21Shares spot DOGE ETF, supported by the Dogecoin Foundation, was listed on Nasdaq today under the trading code TDOG.This product is the first spot Dogecoin ETF in the U.S. to receive official approval from the SEC, allowing retail and institutional investors to access Dogecoin through traditional brokerage accounts. The president of 21Shares stated that the main target customers for this ETF are young, affluent mainstream investors. This is the third spot DOGE ETF to enter the U.S. market, following the products launched by Bitwise and Grayscale.

The Dogecoin Foundation's official corporate department, House of Doge, is collaborating with Nasdaq-listed company Brag House Holdings to develop a mobile application called "Such," expected to launch in the first half of 2026.The app combines a self-custody wallet with built-in merchant tools called Hustles, helping users spend Dogecoin and enabling merchants to accept payments. It reduces friction for both parties in the transaction, allowing individuals and small businesses to start providing services and managing Dogecoin payments with minimal clicks.Development started in March 2025, with a 20-person team based in Melbourne, Australia, utilizing the open-source technology from the Dogecoin Foundation. A closed beta version will be released before the public launch.

According to the analysis platform BestBrokers, despite the overall cryptocurrency market capitalization remaining above $3 trillion and briefly touching $4 trillion, meme coins faced a severe blow in 2025, with the total market cap plummeting from $93.1 billion in January 2025 to $36.5 billion in January 2026, a decline of about 61%.Trading volume dropped sharply from a peak of nearly $20 billion in mid-2025 to less than $3 billion in December, currently slightly recovering to $3.4 billion. Over 13 million meme coins were launched in 2025, but most failed to maintain their value. The market is highly concentrated, with Dogecoin and Shiba Inu accounting for 84% of the total market cap of meme coins. The daily active wallet registrations on the Solana chain launchpad pumpfun decreased by 66%.

Carl Rinsch, the director who previously directed Keanu Reeves in the 2013 film "47 Ronin," has been convicted of telecommunications fraud and money laundering. Prosecutors accused Rinsch of misappropriating $11 million received from Netflix and using part of the funds to purchase cryptocurrency.An earlier report stated that Carl Rinsch invested $4 million of that amount in Dogecoin, ultimately profiting to $27 million, but then squandered most of the profits on luxury goods. Rinsch faces a maximum sentence of 90 years and will be formally sentenced on April 17, 2026.