Ethereum Foundation Launches Portal Showcasing ZK Privacy Tech to RWAs and Restaking

What to Know:

• Dogecoin shows potential for $0.22 as whales move millions in $DOGE ahead of the coming FOMC meeting.
• Some analysts point at a $0.248 price point if $DOGE breaks out of the symmetrical triangle pattern.
• House of Doge becomes majority stake holder in the Italian soccer team US Triestina Calcio 1918, which expands on $DOGE’s real-world utility.
• Maxi Doge ($MAXI) reaches $3.8M in presale promoting no stop-loss trading and yolo entries at 1000x leverage.

Dogecoin remains bullish, believe analysts, despite a 4% drop over the last 24 hours, suggesting a $0.22 breakout if momentum recovers in this Q4.

$DOGE lost its footing following October 10’s market crash, which vaporized $19B in leveraged positions, causing it to crash by 27.8% in just two days.

Since then, the coin struggled to regain momentum, but failed to consolidate in the green, partly because Bitcoin didn’t make it either. $BTC also failed to retain momentum above $115K on three different occasions and is now trading at $112.6K on a 2.46% 24-hour loss.

Despite this bearish performance, the market is confident in $DOGE’s Q4 performance and Maxi Doge’s ($MAXI) $3.8M presale could contribute to that.

Can $DOGE Reclaim $0.22?

$DOGE shows signs of a bullish tendency, which could support a push to $0.22 if momentum starts to build up.

Analysts like Trader Tardigrade go even farther than that, suggesting a price point of $0.248 in case of a breakout from the Symmetrical Triangle pattern.

But how is a breakout possible considering $DOGE’s rather bearish recent performance, which largely stems from massive sells? As analyst Ali points out, whales sold over 500M $DOGE over the past week.

The answer is that this is a problem of perspective. While some whales sold in bulk, others started their accumulation phase. As Onchain Lens noted, one whale wallet withdrew over 15M $DOGE from Binance, worth $2.95M. Only sold $1,450-worth of tokens.

The crypto market consolidated on Wednesday as traders positioned cautiously, with Bitcoin falling below $113,000. At press time, Bitcoin was trading at $112,913, having reached an intraday low of $112,075, extending its drop from Monday's high of $116,410 into the third day.

Key catalysts from a macro perspective this week include the Federal Reserve interest rate decision due later today.

The world’s largest cryptocurrency remained up 3.92% over the past week but fell 1.45% in the past 24 hours, mirroring modest losses across major cryptocurrencies.

The Fed is widely expected to cut rates by a quarter point at the conclusion of its meeting Wednesday, but less certain is whether Chair Jerome Powell will strike a dovish tone in his post-meeting comments. Investors are counting on another interest rate cut from the central bank at its December meeting.

Peter Brandt highlights possibility for Bitcoin price 

In a tweet indirectly addressed to Bitcoin holders, the veteran trader highlighted a possibility for the Bitcoin price as he asked holders to consider a chart pattern (most likely triangle pattern) in AIRR.

Brandt asked them to state if and when the pattern is either confirmed or negated: "Most highly recommend that those bullish on a certain crypto starting with the letter 'B' learn to understand if and when this pattern is either confirmed or negated."

An X user responded, praising his analysis and adding that if the pattern is negated, Bitcoin might be ready for a huge bull run, as it might yield a bullish megaphone pattern, which might push the BTC price higher. 

This Brandt agreed to, saying, "Nice chart. I accept this as a possibility." Brandt later shared another chart, this time on Dow futures, which he used to confirm his agreement on the possibility. "Here is another example. I agree with your chart as a possibility," Brandt wrote.

Earlier in October, Brandt indicated that Bitcoin was forming a pattern similar to soybeans' 1977 broadening top, which led to a 50% drop in value.

Solana staking exchange-traded funds have a promising future on traditional stock exchanges after Bitwise’s fund debut on the New York Stock Exchange surpassed $56 million in first-day trading volume.

Matt Hougan, Bitwise chief investment officer, described the Bitwise Solana Staking ETF (BSOL) as “the missing part of the puzzle” in conversation with Cointelegraph’s Chain Reaction daily show, as the product attracted millions of dollars in investment on the NYSE.

Hougan said that until this point, investors stood to gain more by owning Solana in ways that allowed them to directly stake the asset and earn yield than invest in an ETF or product that didn’t allow for staking.

“Once you put it into an ETF, you get all the great things about an ETF. Extremely low costs, institutional custody. You can purchase it in your brokerage account. It's push-button easy. And you get that staking done for you,” Hougan said.

Investors want custody AND staking yield

Hougan unpacked the difference between conventional crypto ETFs like Bitcoin and Ethereum products, which primarily give investors exposure to the underlying asset. Staking ETFs have a twofold benefit for investors, as Hougan explained.

Hougan said the product also helps decentralize and secure the Solana network. The $BSOL ETF launched $222 million in assets, amounting to over 1.1 million SOL tokens. 

Bloomberg senior ETF analyst Eric Balchunas reported that Bitwise’s SOL staking ETF had the largest trading volume of any ETF on debut in 2025.

Regulatory change made Solana staking ETFs possible

Hougan also credited a regulatory U-turn in the US as a catalyst for the eventual greenlight for Solana staking ETFs. During Gary Gensler’s term at the helm of the SEC, Bitcoin and Ether ETFs took years to get the regulatory green light.

The Bitwise executive said that Solana staking ETFs would not have been “even remotely possible” if there had not been a significant change in attitude toward the cryptocurrency sector from US regulators.

“Even just Solana unstaked was impossible, right? We barely got Ethereum through the Gary Gensler pinhole,” Hougan said. “And there was no way you were going to get anything else through that pinhole. And then to add staking on top of it, staking is more complex.”

Related: Bitwise SOL staking ETF debuts with $223M assets, shows strong institutional demand

He said a number of complexities also stumped regulators, including liquidity and tax implications. However, the launch of BSOL and Grayscale’s Solana Trust ETF (GSOL) could well open the door for other TradFi investment products linked to proof-of-stake protocols.

“Not only have we done it now, but this also opens the door for a variety of other ETPs to launch that have staking as well. So this is like a major proof-of-concept in the history of crypto ETPs in the US.”

Magazine: Solana vs Ethereum ETFs, Facebook’s influence on Bitwise: Hunter Horsley

Cardano Founder Charles Hoskinson went head-to-head with long-time Bitcoin critic Peter Schiff. Hoskinson argued that Schiff has repeatedly failed in his price forecasts for Bitcoin.

Charles Hoskinson mocks Bitcoin critic

In an X post, Hoskinson dismissed the Bitcoin price forecasts of Peter Schiff. Hoskinson claimed that Schiff’s anti-Bitcoin takes no longer move markets or sways serious investors.

He highlighted previous BTC forecasts by Schiff that turned out wrong. According to Hoskinson, Schiff was wrong when he predicted Bitcoin at $100, $1000, $10,000 and $100,000. 

Hoskinson added that Schiff would still be wrong with a $1 million Bitcoin projection. The Cardano founder believes Schiff’s prediction model is broken, as he has been wrong four times.

Note that Schiff has consistently called Bitcoin a "bubble" or "Ponzi scheme" since its early days. 

In a recent X post, which Hoskinson responded to, Schiff highlighted a divergence between Bitcoin, the NASDAQ and gold.

Schiff noted that BTC is still far behind in percentage distance from its all-time high (ATH) compared to NASDAQ and gold.

According to Schiff, Bitcoin is still over 10% below its ATH. He added that Strategy stock (MSTR) is down 48% from its record high set in November 2024.

Schiff sees this divergence as proof that Bitcoin is not digital gold but a speculative asset. He concluded that BTC is primed for a crash.

These remarks come shortly after Schiff said buying Bitcoin is a bet against gold. He argued that the value of gold stems from its ancient role as a tangible store of wealth, while Bitcoin remains speculative and volatile.

Current state of Bitcoin

The ongoing discourse raises bigger questions about whether Bitcoin is indeed a revolutionary asset. In 2025, Bitcoin has seen rising adoption from both retail and institutions, forcing proponents like Hoskinson to sharpen their arguments. 

In addition, BTC has gained recognition this year from several governments. Strategy Executive Chairman Michael Saylor recently celebrated the U.S. government for recognizing BTC as a treasury asset.

In a related development, French politician Eric Ciotti introduced a proposal to create a national strategic Bitcoin reserve.

As of press time, BTC is priced at $113,036, down 1.8% over the previous day. Still, analysts and investors are bullish on BTC, with some eyeing $116,000 as a short-term target.

Grayscale Investments, the world’s largest digital asset-focused investment platform, announced that its Grayscale Solana Trust ETF (GSOL) is now officially trading on NYSE Arca as an exchange-traded product (ETP).

This marks a major milestone, making it the first of Grayscale’s staking products to uplist under the new SEC-approved generic listing standards.

Leading Solana ETP Manager

With GSOL now trading on NYSE Arca, Grayscale is now among the leading Solana ETP managers in the U.S. by assets under management. This builds on its strong track record in crypto asset management and leadership across Bitcoin and Ethereum products.

GSOL offers exchange-listed, low-cost exposure to Solana and its staking rewards through a familiar ETP format, backed by an institutional staking program. 

GSOL was launched in 2021 and began staking in October 2025. Staking returns are captured in NAV, giving investors the potential to compound over time. Grayscale intends to pass through 77% of all staking rewards accrue to GSOL investors on a net basis.

GSOL is not subject to the same regulations as traditional ETFs or mutual funds and carries higher risk. Grayscale also notes that while GSOL holds Solana, an investment in GSOL is not a direct investment in Solana.

Digital Assets in Modern Portfolios

Inkoo Kang, Senior Vice President of ETFs at Grayscale, notes that the GSOL launch reinforces the company’s belief that modern portfolio now includes digital assets for growth and diversification alongside traditional assets like equities, bonds, and alternatives.

“Bitcoin and Ethereum ETPs were just the start, and with GSOL, we’re expanding investor choice, backed by the scale, education, and operational infrastructure advisors and institutions expect,” he added. 

Investor Participation in Network Growth

President of the Solana Policy Institute, notes that the rails of global finance is being rebuilt on Solana and millions of investors can now gain exposure to it through Solana staking ETPs like Grayscale’s GSOL. 

Through staking in these products, investors are not just gaining exposure to Solana, they also have the opportunity to help secure the network, support developer innovation and earn rewards from one of the most dynamic digital assets.

A Busy Week for Crypto ETFs

This comes after three new crypto ETFs hit Wall Street on Tuesday. Bitwise launched its Solana Staking ETF on the NYSE while Canary listed its Litecoin ETF and HBAR ETF on Nasdaq.

Binance founder Changpeng “CZ” Zhao has spoken out against a newly launched meme coin inspired by him, making it clear that he has no interest in being part of the hype. He even warned users not to buy the memecoin, calling it a scam using his name without permission.

What started with excitement soon turned sour, as the token’s price fell by around 86% just hours after launch.

CZ Rejects the “CZStatue” Hype

CZ began his post by acknowledging the gesture behind the meme but quickly dismissed it, saying that the coin’s creator “probably just wanted to make a quick buck off an interaction from me.” 

He made it clear that such behavior is not something he appreciates and directly warned: “Don’t buy the meme.”

This isn’t the first time crypto traders have tried to capitalize on his popularity. Over the years, multiple meme coins using his name or Binance’s brand have appeared, often rising and crashing within days. 

CZ’s latest message aims to stop that trend before it causes more losses for unsuspecting investors.

“I Would Never Accept a Statue of Myself”

Adding humor and humility to his message, CZ also addressed another fan-made gesture. He recalled a similar moment when someone gifted him a T-shirt with his own face printed on it, joking, “Who has the ego to wear a shirt with their own face on it? As if seeing it once isn’t enough.”

CZ’s quick response to the memecoin received widespread community appreciation, with many praising him for speaking up and warning people about the risks.

CZ STATUE Memecoin’s Token Fell 86%

The newly launched Zhao-themed memecoin, released on the BNB Chain, initially soared, reaching a $5.7 million market cap with over 600 holders.

However, doubts soon appeared after a new wallet earned $57,000 in quick profits, suggesting possible insider activity and a lack of transparency.

Within just hours after the launch, CZ STATUE’s price crashed by 86%, and the unclear token ownership raised major red flags among traders.