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Dogecoin price setup points to a 30% jump as DOGE ETF deadline nears
GameFi Guides

Dogecoin price setup points to a 30% jump as DOGE ETF deadline nears

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Dogecoin price has plunged to a crucial support level, pointing to an eventual rebound as the deadline for DOGE ETF approvals nears.

Summary

  • Dogecoin price has plunged to a crucial support level. 
  • The deadline for the spot DOGE ETF approvals is nearing.
  • Technical analysis points to more gains in September.

Dogecoin (DOGE), the biggest meme coin, was trading at $0.2180, down by 24% from its highest point in July. This retreat has dropped to $32 billion. 

Dogecoin price has two main catalysts that may push it higher in the longer term. One of them is that Alex Spiro, Elon Musk’s lawyer, will be the chair of the House of Doge, a $200 million company raising $200 million to accumulate DOGE tokens.

The new plan could mirror what other companies have done in the past few month. BitMine and SharpLink are accumulating Ethereum (ETH) tokens worth billions of dollars.

Similarly, other companies, such as GameStop, Metaplanet, and Strategy, are accumulating Bitcoin. More companies are buying tokens like Tron and XRP. 

The other notable catalyst for the Dogecoin price is the upcoming deadline for spot DOGE ETF. The SEC has set the deadline for the Bitwise and Grayscale DOGE ETFs at October 18 and the 21Shares one on January 9. 

Polymarket data shows that the odds of a spot DOGE ETF have jumped to 80%. As such, there is a likelihood that DOGE price will surge towards the approval date. 

Dogecoin price technical analysis

DOGE price chart | Source: crypto.news

The daily timeframe chart shows that the DOGE price has come under pressure in the past few weeks. It moved from a high of $0.2875, its highest point in July. 

On the positive side, the coin has remained above the ascending trendline connecting the lowest swings since June. It has moved above the 100-day Exponential Moving Average, while the Average True Range has dropped.

Therefore, the token will likely rebound and potentially get to $0.2875, up by 32% from the current level. A move below the moving average and the ascending trendline will invalidate the bullish outlook.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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NFT sales plunge to $129.6m, Pudgy Penguins jump 63%
Crypto Trends

NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

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The non-fungible token (NFT) market has continued its downward trend, with sales volume falling 8.53% to $129.6 million.

Summary

  • NFT sales declined 8.5% to $129.6 million amid broader crypto market weakness
  • Pudgy Penguins stands out as the week’s top performer with 63% growth
  • CryptoPunks maintained its premium status with all top five individual sales

According to data from CryptoSlam, market participation has surged once again, with NFT buyers rising by 18.06% to 541,831, and NFT sellers increasing by 17.05% to 385,179. NFT transactions have grown by 11.96% to 1,814,788.

The slump is closely tied to the overall market situation. The Bitcoin (BTC) price has dropped to the $108,000 level.

At the same time, Ethereum (ETH) has dropped to $4,300. The global crypto market cap is now $3.75 trillion, down from last week’s market cap of $3.98 trillion.

Polygon sales jump 16%

Ethereum has maintained its leading position, with $54.5 million in sales, and has dropped 8.24% from the previous week. Ethereum’s wash trading has surged by 42.68% to $20.1 million.

Polygon (POL) has maintained second place with $18.9 million with a 16.12% surge. BNB (BNB) Chain holds third position with $13.4 million, falling 34.77%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Mythos Chain sits in fourth with $10.2 million, up 4.71%. Bitcoin rounds out the top five with $7.7 million, declining 30.28%.

Immutable (IMX) holds sixth place with $6.8 million, a 4.95% decrease. Solana (SOL) occupies seventh with $5.7 million, falling 20.44%.

NFT buyer counts surge across blockchains

The buyer count has increased across most blockchains. As per the data, Solana leads at 39.47% growth, followed by Polygon at 42.66% and Bitcoin at 31.55%.

Courtyard on Polygon has retained the top spot in collection rankings with $17.6 million in sales, rising 19.44%. The collection has seen growth in transactions (8.58%) and sellers (14.67%) while buyers declined by 57.77%.

CryptoPunks has fallen to second place with $7.1 million and dropped 17.95%. The collection has seen decreases in transactions (18.92%) and sellers (25%) while buyer counts remained flat.

Pudgy Penguins has climbed to third position with $5.2 million with a 63.39% jump. The collection has seen growth across all metrics, including transactions (89.66%), buyers (60%), and sellers (46.81%).

DMarket holds fourth place with $5.1 million, representing a 10.01% increase. Moonbirds sits in fifth place with $4.4 million, a decline of 36.57%. SpinNFTBox on BNB Chain completes the top six with $4.2 million, falling 60.93%.

Notable high-value sales from this week include:

  • CryptoPunks #4619 sold for 96 ETH ($446,764)
  • CryptoPunks #2400 sold for 73.5 ETH ($324,076)
  • CryptoPunks #5273 sold for 65 ETH ($283,399)
  • CryptoPunks #1721 sold for 60 ETH ($274,171)
  • CryptoPunks #6373 sold for 55 ETH ($261,046)



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CoinShares posts $32.4m Q2 profit amid 26% AUM jump, eyes U.S. listing
Crypto Trends

CoinShares posts $32.4m Q2 profit amid 26% AUM jump, eyes U.S. listing

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CoinShares closed the second quarter of 2025 with a notable 26% surge in assets under management, pushing its total to $3.46 billion. The asset manager said the growth was powered by climbing digital asset valuations and steady investor demand for its physical crypto ETPs.

Summary

  • CoinShares reported $32.4 million net profit for Q2 2025, up 1.9% YoY.
  • Assets under management rose 26% quarter-over-quarter to $3.46 billion, driven by crypto price gains and ETP inflows.
  • The firm plans a U.S. listing to access deeper capital market.

On August 29, European digital asset manager CoinShares announced a net profit of $32.4 million for Q2 2025, driven largely by a substantial 26% rise in assets under management, which reached $3.46 billion.

According to the firm, this performance was supported by rebounding crypto markets and strong net inflows of $170 million into its physically-backed exchange-traded products, making it the company’s second-best quarter ever for that segment.

Revenue streams and strategic expansion

Despite a year-over-year increase, CoinShares’ net profit fell 5.3% compared with the previous quarter. The firm’s capital markets division, which engages in activities like trading and lending, saw its income decrease to $11.3 million from $14.6 million a year prior.

After posting a $3.0 million unrealized loss in Q1, CoinShares’ strategic treasury management roared back with $7.8 million in gains for the quarter, signaling the firm’s active management in optimizing its strategic holdings for value creation, turning a previous headwind into a significant tailwind.

Product performance

The firm’s physical ETP suite, branded as CoinShares Physical, was the standout performer, attracting a substantial $170 million in net inflows. This demand for physically-backed, exchange-listed products in Europe cemented its position as the continent’s fastest-growing platform of its kind in the first half of the year.

However, the success starkly contrasts with the continued outflows from its legacy, derivatives-based XBT products, which saw $126 million exit. The net positive result is a testament to a strategic product shift that is successfully capturing modern institutional preference for spot-based exposure.

Notably, CoinShares’ proprietary BLOCK Index, designed to track a basket of crypto-focused equities, delivered an impressive 53.7% return during the quarter, soundly outperforming both Bitcoin and traditional equity indices like the S&P 500.

Looking ahead, CoinShares seeks a U.S. listing, a step designed to tap deeper capital markets and unlock greater shareholder value. CEO Jean-Marie Mognetti said the move would position the company alongside other high-profile U.S. crypto firms, where regulatory clarity and investor appetite have helped public valuations expand sharply.



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Jump Space opens the Early Access Airlock on September 19th
Esports

Jump Space opens the Early Access Airlock on September 19th

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gamescom gave us our first deep look at Jump Space (formerly Jump Ship), and during the Future Games Show we saw our first deep dive on gameplay, as well as an awesome announcement – it’ll be heading our way to Early Access on September 19th for Steam and Xbox Series X|S. If you’re unfamiliar with the game, here’s a quick snippet:

Manage Your Jump Ship

Upgrade and customise your ship as you face off against the challenges of space exploration, and scavenge resources to ensure your survival. Reinforce your defences, adjust your energy output for speed or bolster your ship’s attack capabilities – the choice is yours.

Immerse Yourself in Space

Experience fluid gameplay as you switch from steering your ship out of an asteroid field to jetpacking towards an enemy vessel to sabotage its core. Seamlessly transition between exploration, combat and traversal.

Improvise and Adapt; Together

Go on missions with your friends and take on roles, from piloting to engineering and field exploration. Work together to overcome enemy attacks, extinguish fires on the command deck or adjust your ship’s power grid on the fly. There are no set classes in Jump Space, improvise and decide how you want to engage.

The team also had a message for their would-be space travelers about the upcoming launch:

We are still thrilled that so many of you joined for our Next Fest demo!

Since then, we’ve been hard at work adding as many additional features and further polish to the Early Access launch as possible. You can expect improvements to moment to moment gameplay, persistent progression, new enemies, new weapons, a new player ship, public server browser, text chat – just to name a few.

Between now and September 19th, we will be posting a more detailed roadmap on what made it into our launch build, and what features will come after – both for this year and beyond.

The price will be revealed at the same time as the roadmap, so don’t worry about us forgetting.

You will be pleasantly surprised!

I’m excited for this one, and the Keepsake Crew seems to be combining the best parts of several of my favorite games and genres into one awesome multiplayer experience. The gameplay systems will undoubtedly evolve over Early Access, but what’s here and what I saw in the demo are already a blast of a gameplay loop. Best of all, we won’t have to wait very long to jump back in.

Stay tuned for all of the news for Jump Space and all the other awesome games coming this year and beyond right here at GamingTrend.com!


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These 4 cryptos could soar as Eric Trump says stop betting against world’s largest cryptos
GameFi Guides

Morpho price set for a 60% jump as top metrics hit record highs

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Morpho price continued its strong rally this week, hitting its highest level since February amid robust demand for its lending solutions. 

Summary

  • Morpho token has jumped by 245% from the year-to-date low.
  • The total deposits in its platform jumped to $10 billion.
  • Technical analysis points to more gains this year.

Morpho (MORPHO) token jumped to a high of $2.8567, up by over 245% from its lowest level in March. Its market cap has soared to $867 million, while its 24-hour volume was up by 24%. 

Morpho price has rallied because of the ongoing demand of its solutions. Data on its website shows that the total deposits in its platform crossed the $10 billion milestone this week. Its issued loans have soared to over $3.6 billion. 

According to DeFi Llama, the total value locked in Morpho soared to a record high of $7 billion, up from $2.5 billion in April this year. 

Most of Morpho’s growth accelerated after its integration on Coinbase, the biggest crypto exchange in the US. Its integration gave it access to millions of users, a trend that may continue after the launch of The Base App. 

Morpho offers a platform where users can deposit their funds and earn a return. It differs from other platforms in that users can select their preferred pools to deposit their funds. Users can also use their crypto assets as collateral for loans. 

Morpho is one of the several players that are disrupting the crypto lending industry, which has accumulated over $100 billion in deposits. The others are popular names like AAVE and Maple Finance.

Morpho price technical analysis

Morpho price chart | Source: crypto.news

The daily chart shows that the Morpho token price has rebounded in the past few weeks. It jumped from a low of $0.8186 in April to nearly $3 today.

Morpho has crossed the important resistance level at $2.2570, where it formed a double-top chart pattern with a neckline of $1.5700, its lowest point on Aug. 2. 

Morpho price has moved above the 50-day Exponential Moving Average, a sign that bulls are in control. The Supertrend indicator has turned green, while oscillators are rising.

Therefore, the Morpho token price will likely continue rising as bulls target the year-to-date high of $4.1715, which is 60% above the current level.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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