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What To Consider When Choosing Crypto Payment Gateway

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crypto payment processor

What Is A Crypto Payment Gateway?

A **cryptocurrency payment gateway** helps **process payments** made in **digital currencies** through **blockchain networks**. These systems use a **decentralized method** to keep transactions **secure** and **user information private**.

What Is Crypto Payments Processing?

Crypto payment processing allows users to make and receive payments in digital currencies over secure, reliable, and efficient blockchain networks with minimal chances of fraudulent activities.

Users can make cryptocurrency payments and receive fiat currencies in exchange for increasing payment options for users without any delays, such as time-consuming verification procedures, users are exposed to in the traditional payment processing systems.

How Do Cryptocurrency Payment Gateways Work?

Ever wondered how a crypto payment gateway works? These gateways act as a bridge between vendors and consumers, enabling easy digital currency transactions for which users immediately receive fiat currency. These gateways facilitate the process of making and accepting crypto payments directly between the payer and the receiver. Here we have a detailed article on how crypto fiat payment gateways work; make sure to check it out.

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Consumers can scan QR codes or send and receive funds directly to their designated wallet addresses or merchant accounts. The blockchain platforms keep a record of all transactions to make sure they are legitimate and unique. That way, no transactions are repeated, and the users are prevented from overspending.

What You Should Consider When Choosing A Crypto Payment Processor?

Choosing the best digital currency payment gateway requires the business to understand its needs and look for factors that would add value to its offerings and make it stand out differently from the mainstream market.

Security

The primary factor to consider when looking for good crypto payment gateways is the security of transactions. The top crypto gateways ensure the secure and confidential processing of funds without any third-party involvement to guarantee the privacy of their customers.

Moreover, it would be a great idea to choose a platform that offers advanced security features such as two-factor authentication, offline wallets, and encryption keys to ensure the integrity of their users.

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Transaction Fees

One of the essential factors to look for in a crypto payment gateway is the transaction cost. There should be no hidden charges that might come as a surprise during the payment processing, such as in credit card payments.

In addition, the transaction fees should be minimal to ensure easy processing to cater to the business needs of small and medium enterprises. It would be a great idea to compare different crypto payment gateways to identify the most value-for-money option according to individual needs.

Website Integration

The website of a crypto payment gateway is an integral part of one of the major touch points for its customers. The user-friendliness and speed of the website of a crypto payment gateway are extremely important to ensure efficiency in the processing of funds.

Moreover, the best crypto payment gateways have responsive websites and offer effective merchant integration with complete guidance for corporate and individual customers.

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Customer Support

An efficient crypto gateway offers good customer support and caters to the needs of its target audience effectively to ensure smooth payment processing. It should have a responsive customer support service to answer the queries of its clients in a timely manner.

The top cryptocurrency payment service providers offer 24/7 customer support, which ensures assistance at any given moment.

Functionalities

You need to check the features of your shortlisted cryptocurrency payment gateway to make a decision that supports your business needs effectively. Some common features include multi-currency support, a digital wallet, accepting major cryptocurrencies, reasonable fees, and currency swap options.

Device Compatibility

The top crypto gateways provide compatibility with a wide range of devices to help users process payments while on the go. This helps in efficient payment processing for a large majority of the consumer market, especially those who do not have access to high-end electronic devices.

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Therefore, it is important that you look for a digital payment gateway that offers easy compatibility with multiple devices and operating systems to ensure quick payment processing.

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Pepeto is poised to be the next meme coin giant

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Pepeto is poised to be the next meme coin giant

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

TRUMP and MELANIA tokens generate buzz, but PEPETO, with strong utility and growth, is quickly gaining momentum in the meme coin market.

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Trump and Melania enter crypto, but Pepeto captures growing momentum

The cryptocurrency world was electrified as President-elect Donald Trump introduced the TRUMP token ahead of his inauguration. Initially capped at 200 million tokens, with plans to expand to 1 billion over the next three years, TRUMP saw a staggering $36.15 billion in 24-hour trading volume. 

Not long after, First Lady-to-be Melania Trump unveiled her own token, MELANIA, built on the Solana blockchain. Early investors have already seen massive returns, with TRUMP’s market cap surpassing $9 billion. However, critics are questioning the longevity of these political meme coins due to their heavy centralization and lack of utility.

Meanwhile, a new contender is stealing the spotlight: PEPETO, the god of frogs. Unlike TRUMP and MELANIA, which rely heavily on branding and hype, PEPETO combines narrative-driven appeal with robust utility and a rapidly growing community. With over $3.7 million raised in its presale and a social media following exceeding 55,000 users, PEPETO is proving to be a force to reckon with in the meme coin space.

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TRUMP & MELANIA: Hype vs. sustainability?

TRUMP and MELANIA have used their ties to the Trump name to create buzz. Early whales have already capitalized, with one investor reportedly turning $12 million into $23.8 million within hours of TRUMP’s launch. However, concerns about centralization loom large, as 80% of TRUMP tokens are controlled by affiliated organizations, leading to skepticism about its long-term potential.

Why PEPETO is winning over analysts and investors

In stark contrast, PEPETO is gaining traction for its emphasis on utility and sustainability. Here’s what sets it apart:

  • High Staking Rewards: With annual returns of 387%, PEPETO provides an unmatched opportunity for passive income.
  • Cross-Chain Bridge: Pepeto’s technology enables seamless 30-second transfers across blockchains, reducing fees and delays.
  • PepetoSwap Exchange: A zero-fee platform designed to streamline meme coin trading, eliminating liquidity issues and high costs.
  • Community Governance: Through its DAO model, PEPETO empowers its community with decision-making power, fostering transparency and trust.
  • Low Entry Price: Currently priced at just $0.000000105 in presale, PEPETO offers an affordable opportunity for early investors to join a high-potential project.

A thriving community and growing hype

Unlike the centralized dynamics of TRUMP and MELANIA, PEPETO thrives on grassroots support. Its community has surpassed 55,000 across platforms like Twitter, Telegram, and Instagram, with daily growth reflecting its increasing popularity. This strong foundation not only boosts its credibility but also highlights its potential as a leader in the meme coin space.

Whales are betting big on PEPETO

Whale trackers have reported significant accumulation of PEPETO tokens, a strong indicator of confidence from high-net-worth investors. While TRUMP faces volatility due to its hype-driven nature, PEPETO’s utility-first approach offers a more sustainable path to growth. Analysts believe its upcoming exchange listings and groundbreaking features position PEPETO as a game-changer.

The next big meme coin?

As TRUMP and MELANIA dominate headlines, PEPETO quietly builds a foundation for long-term success. With its presale nearing conclusion and the launch of PepetoSwap and exchange listings imminent, PEPETO is not just a meme coin — it’s a movement.

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How to join the PEPETO movement

Getting started with PEPETO is simple:

  1. Set Up a Wallet: Use MetaMask, Trust Wallet, or any Ethereum-compatible wallet.
  2. Fund a Wallet: Add ETH, USDT, or BNB.
  3. Connect to the Presale: Visit pepeto.io to purchase tokens.
  4. Stake Tokens: Start earning staking rewards right away.

About PEPETO

PEPETO combines the fun of meme coins with real-world utility, including a zero-fee exchange, cross-chain bridge, and lucrative staking rewards. As the god of frogs, PEPETO is redefining the meme coin space for 2025 and beyond.

For more information on PEPETO, visit their website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam

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Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam

The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS.

Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing.

How the Scam Unfolded

According to various reports, the attackers took control of the Nasdaq account and linked it to a fake X profile, @nasdaqmeme, complete with a gold verified badge marking it as an affiliate.

They then made a post promoting the fake STONKS coin and retweeted it with the Nasdaq account, which has over 133,000 followers. The retweet and the apparent connection between the two accounts created a facade of credibility, duping unsuspecting investors into buying the token.

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Within hours, STONK’s value soared 390 times its original price, with data from DEXscreener showing that the token reached a market capitalization of $80 million and trading volumes in excess of $185 million.

However, the cryptocurrency’s meteoric rise ended abruptly as its value plummeted to zero, leaving investors with huge losses. Some accounts suggest that the scammers walked away with at least $4 million after rugging the coin.

Interestingly, the fraudulent profile used in the con was a copycat of an existing Solana meme coin, STNK, with the social media handle @STONKS_SOL.

The legitimate STONKS team has warned the crypto community about the rip-off and announced plans to sue the sham project.

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STNK was launched in April 2021 as the first-ever joke token on the Solana network. It is based on the “Stonks” meme created in 2017 by Henry Hooper and made famous by the Gamestop short squeeze saga on r/wallstreetbets.

Social Accounts Under Threat

The hacking incident sparked widespread reactions across the community, with many expressing disbelief at its audacity and sophistication. Crypto trader CRG described it as the “best grift” they had ever seen, while other users pointed out the alarming ease with which the fraudsters secured a verified affiliate badge.

At the time of this writing, Nasdaq had not commented on the incident, although the offending post has been deleted, and the @nasdaqmeme account has been suspended.

Incidents of bad actors taking over social media accounts to promote phony cryptocurrencies have been on the rise lately. Towards the end of last year, blockchain investigator ZachXBT exposed an elaborate scheme where hackers compromised 15 X accounts and used them to promote fake coins. The criminals reportedly made away with at least $500,000 from the operation.

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In another incident, a different group of scammers targeted the social media accounts of celebrities, including singer Usher, rapper Wiz Khalifa, and actor Dean Norris, to push a slew of counterfeit tokens on Pump.fun, stealing as much as $3.5 million in the process.

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Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?

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Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?

Este artículo también está disponible en español.

Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving investors optimistic about its potential for further gains in the coming weeks.

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Top analyst Jelle has weighed in on the situation, providing a detailed technical analysis that offers insight into SOL’s current price action. According to Jelle, Solana is experiencing “more violent moves, as expected,” while compressing around its previous all-time highs. This compression is a natural phase following such a significant rally and is seen as a healthy consolidation that could set the stage for the next leg higher.

With key levels holding firm and sentiment improving, Solana appears well-positioned for a potential breakout. Investors are closely monitoring the market dynamics as SOL prepares for what could be another major surge.

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As one of the standout performers in the crypto market, Solana’s ability to navigate this volatility and push past resistance levels will be crucial in determining its trajectory in the weeks ahead. The coming days could mark the start of a new chapter in SOL’s impressive journey.

Solana Testing Crucial Liquidity 

Solana has been making headlines with its aggressive price movements, especially after breaking its all-time high (ATH). Following its impressive rally, SOL has entered a phase of consolidation while holding key demand levels, signaling the potential for sustained bullish momentum. This period of compression is seen as a natural and healthy part of the market cycle, especially after such a strong upward move.

Crypto analyst Jelle recently shared a detailed technical analysis on X, shedding light on Solana’s current market behavior. According to Jelle, SOL has experienced violent price action moves as it compresses right around its previous all-time highs. This consolidation phase, while volatile, is necessary to build a solid foundation for the next leg higher. Jelle noted that it’s encouraging to see key levels holding firm, adding that it feels like it’s only a matter of time before Solana resumes its bullish trajectory.

Solana retesting previous ATH | Source: Jelle on X
Solana retesting previous ATH | Source: Jelle on X

Analysts across the board remain optimistic about Solana’s outlook, with many predicting that the coming months will be extremely bullish if SOL can maintain its current structure. Holding these key demand levels is critical to sustaining momentum, and a breakout from this consolidation phase could propel Solana into new price discovery.

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As one of the most promising blockchain networks in the crypto space, Solana’s resilience amid aggressive price action highlights its strength and growing investor confidence. With technical and fundamental indicators aligning, Solana is poised to remain a standout performer as the market anticipates its next move. The coming weeks will be pivotal in determining whether SOL can capitalize on its strong foundation and deliver another wave of significant gains.

Price Action Details: Key Levels To Hold

Solana (SOL) is currently trading at $243, down over 10% since yesterday as the broader altcoin market faces selling pressure. This decline comes amid Bitcoin’s consolidation just below its all-time high (ATH), which has left altcoins struggling to maintain bullish momentum.

SOL Testing crucial demand | Source: SOLUSDT chart on TradingView
SOL Testing crucial demand | Source: SOLUSDT chart on TradingView

For SOL to recover and regain upward traction, it is crucial for bulls to defend the current price levels. Holding above $243 is key to preventing further downside, while a decisive push above the $265 resistance mark would signal a return to strength. Breaking this level with conviction could reignite investor confidence and set the stage for a renewed rally.

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However, the risks of a deeper correction remain if SOL fails to hold support. A drop below $230 would likely trigger additional selling pressure, leading to extended losses and testing lower demand zones. Such a move would challenge Solana’s recent bullish structure and delay its chances of a recovery.

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Featured image from Dall-E, chart from TradingView.

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Anvil Launches DeFi Protocol for Letters of Credit

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Tyler Spalding

Payments remain the big unsolved use case of the internet. When we buy something online, we generally use a traditional payment method, like a credit card, which isn’t “native” to the experience. Your ability to transact with a merchant is verified by a third-party (like a bank), which raises costs and adds a lot of inconvenience for buyers and sellers.

Despite the huge growth of commerce online in the last three decades, most transactions occur outside of the browser. Marc Andreessen, who created Netscape, has referred to this as the internet’s “original sin.” “One would think it was the most obvious thing to do to build into the browser the ability to spend money, but you may have noticed that didn’t happen,” he said in 2019. “I think the original sin was that we couldn’t actually build economics, which is to say money, at the core of the internet.”

This matters because the cost is massive and borne by all of us. Economists have calculated the total cost of retail payments in the United States at as much as 2% of GDP, which is almost as much as the U.S. defense budget. Merchants frequently cite the cost of processing credit cards as some of their highest operating expenses, which is why many will ask you to pay additional charges to use a card in a store, or place a minimum on the amount one should spend. The United States, for all its ingenuity, has some of the highest social cost of payments in the developed world, numerous studies show.

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We tend to forget that bitcoin was first proposed by Satoshi Nakamoto as a “peer-to-peer electronic cash system” because a lot of crypto today isn’t focused on this use case. But maybe the next iteration of crypto development will help fix that.

That’s certainly the hope of Tyler Spalding, the founder of an Anvil, a new decentralized finance (DeFi) protocol that reconceptualizes credit, which is the basis of all monetary systems.

How it works

Anvil is a system of Ethereum smart contracts that manages collateral and secures credit. It lets individuals and companies create letters of credit (LOCs) in lieu of traditional forms of money. You use it by locking up ether or USDC in the Anvil vault and receive an LOC for the specified amount. In effect, the system is a lot like a bank check that’s cashed against your account, except there’s no paper, delays or worries about whether the money will clear.

Spalding sees Anvil as a new form of money collateralized with crypto. “By issuing transparent and generalizable credit, Anvil provides sustainable liquidity — essentially creating trusted money for the global economic system,” he said. “Permissionless decentralized technologies can transform how collateral is managed by making the process more secure and more transparent.”

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At the protocol level, there are no fees to transact with Anvil, Spalding said, and the technology is open-source. It’s community owned with 60% of the governance token distribution to partners and users, who can vote on operational matters. Spalding, who previously co-founded Flexa, a blockchain-based payments network, sees use cases for Anvil in traditional loans, DeFi counterparty credit (for exchanges or liquidity providers), asset bridging and payments. Three partners have indicated they want to build services using the protocol: Amdax, a digital asset trading and custody provider; Empowermint, which provides retail cash loans; and Flexa, which is using the protocol for asset collateralization against payments on its network. Because Anvil is open-source, these partners use the protocol freely, building their own services.

Anvil has no investors. The protocol was bootstrapped by Spalding and his collaborators over two years of development. Its systems were audited by Open Zeppelin and Trail of Bits, and Immunefi organized two bug bounty programs to find flaws needing to be fixed. Spalding feels comfortable that the system is safe for its ambitious aim of disintermediating banks from the payments and traditional credit-issuing process.

“We’ve been doing it a long time. We love this stuff,” Spalding said of his goal of bringing native payments to the internet and atoning for Andreessen’s original sin. “We want to get other people to get to use this. It’s a real-world use case. That’s the only thing that matters to me.”

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Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

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Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial Technology.” The directive lays out a bold vision for bolstering the United States’ position in the global digital asset economy—most notably embracing open blockchain networks like Bitcoin while flatly prohibiting the development of Central Bank Digital Currencies (CBDCs).

A Major Shift Toward Bitcoin 

At the core of the order is an explicit policy to support the responsible growth and use of digital assets, championing citizens’ right to access and utilize open public blockchain networks without interference. For Bitcoin enthusiasts, this represents a monumental endorsement from the highest levels of government. The Executive Order stipulates that no lawful activity on these decentralized networks should be censored, while also clarifying that individuals must be permitted to develop software, maintain self-custody of digital assets, and participate in mining or transaction validation.

New Life for Dollar-Backed Stablecoins

The administration also underscores the importance of legitimate dollar-backed stablecoins, highlighting them as a strategic asset to safeguard the sovereignty and global role of the U.S. dollar. With digital currency usage accelerating around the world, this renewed push for stablecoins signals a forward-thinking approach intended to keep America’s currency competitive in global markets.

Regulatory Clarity & Innovation-Friendly Framework

One of the key challenges the blockchain industry has faced is regulatory uncertainty. The Executive Order calls for technology-neutral regulations and clearly delineated roles for agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). By directing a cross-agency effort to rescind or modify outdated rules and develop more effective frameworks, the Trump Administration aims to foster an environment where blockchain startups and established companies can innovate without fear of sudden enforcement actions.

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Prohibition of CBDCs

In a decisive move that sets the United States apart from many other nations, the order categorically prohibits the creation, issuance, and promotion of Central Bank Digital Currencies. Citing concerns over financial system stability, individual privacy, and national sovereignty, the Executive Order halts any ongoing or planned CBDC-related projects within federal agencies. This stance signals an unambiguous preference for open, permissionless blockchain networks—like Bitcoin—over government-controlled digital currencies.

Revoking Previous Policies

The order also revokes Executive Order 14067 of March 9, 2022, along with a corresponding Treasury Department framework published in July 2022—both from the previous administration. By rescinding these policies, President Trump is effectively clearing the path for a pro-crypto regulatory climate that prioritizes individual freedoms, innovation, and economic growth.

The President’s Working Group on Digital Asset Markets

To guide these efforts, the Executive Order establishes the President’s Working Group on Digital Asset Markets, chaired by the Special Advisor for AI and Crypto. This Working Group will include the Secretary of the Treasury, the Attorney General, and other top officials. Its mandate includes:

  • Drafting a federal regulatory framework for digital assets and stablecoins, focusing on market structure, consumer protection, and oversight.
  • Evaluating the creation of a national digital asset stockpile, derived from lawfully seized cryptocurrencies, to enhance the country’s strategic interests.

Within 180 days, the Working Group is expected to deliver a comprehensive report that will shape future legislative and regulatory proposals.

A Resounding Win for Bitcoin

For many within the Bitcoin community, this Executive Order marks a pivotal turning point. By ensuring the right to self-custody, explicitly protecting blockchain networks from censorship, and ruling out government-sponsored digital currencies, the Trump Administration has placed Bitcoin at the heart of the American digital economy.

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As the United States steps confidently into this new era, both retail and institutional investors are poised to benefit from clearer rules and stronger protections—while innovative blockchain companies see a fertile environment for growth. By endorsing open, permissionless networks and stablecoins that reinforce the U.S. dollar’s global standing, the nation appears ready to embrace a future in which Bitcoin will play a leading role.

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PEPE and DOGE Investors Predict Remittix Will Dominate 2025’s Altcoin Market

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PEPE and DOGE Investors Predict Remittix Will Dominate 2025’s Altcoin Market

Move over, meme tokens there’s a rising star drawing attention from even the biggest PEPE and DOGE enthusiasts. They say Remittix could claim the throne in the 2025 altcoin market, and it’s not just idle talk. Remittix’s presale has already brought in over $5.3 million and is tipped to surge 100x in 2024. Read on to find out why. If you’re on the lookout for the next big altcoin, check Remittix now and see if this real-world solution can beat the meme coin craze.

Why Meme Coin Fans Are Turning to Remittix

PEPE and DOGE once stole headlines with jaw-dropping gains. In early 2025, Dogecoin’s price moved +2.73% to $0.36, backed by a $4.20 billion trading volume. PEPE likewise pumped by 21% at its peak, riding a wave of social media hype. Yet, many of those investors now eye Remittix’s dominance, believing a real-world solution beats fleeting meme attention. By bridging crypto and fiat for cross-border transactions, Remittix could carve out a bigger slice of the 2025 altcoin market than purely speculative coins.

The Numbers Driving Meme Coin Migration

Recent data shows that over 274 million Remittix tokens have sold at $0.0272 each. With a goal to raise $36 million, Remittix has locked liquidity for three years and plans to renounce its contract post-presale. While DOGE soared past a $40 billion market cap in previous cycles, some see Remittix potentially eclipsing that feat through a massive remittance sector worth $700+ billion annually. This utility-based approach contrasts sharply with meme coins powered mostly by online chatter.

Remittix Dominance Hinges on Utility

Although meme tokens can explode overnight, they often fade fast if hype runs dry. Remittixdominance might hinge on consistent demand for fast, cheap transfers. If adoption keeps rising, Remittix could secure a lasting foothold in the 2025 altcoin market. The project tackles high wire fees and hidden costs, offering a service many believe is overdue. If you think that’s the next big altcoin pathway, check Remittix for presale info. It has already intrigued DOGE investors who recall wild price swings and want a steadier bet.

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Why PEPE and DOGE Communities Are Watching

PEPE fans saw their coin skyrocket 21% in mere days, but a lack of use cases eventually cooled momentum. Championed by big personalities, DOGE still commands loyalty, yet some holders worry about saturating meme coin markets. As people question the long-term viability of hype-driven assets, Remittix offers an answer. By simplifying remittances, the platform might become the next big altcoin to overshadow meme-centric coins. Supporters point to real-user adoption instead of viral tweets, a factor that could sustain Remittix’s dominance when market fads fizzle.

Will Remittix Truly Conquer the 2025 Altcoin Market?

PEPE and DOGE Investors Predict Remittix Will Dominate 2025’s Altcoin Market because it solves real issues, not just internet jokes. Backers say harnessing a $700+ billion remittance space sets Remittix apart from tokens relying on momentary spikes. Meme coins can generate huge profits fast but many fizzle just as quickly. Remittix could forge a stable foundation for expansion by focusing on cost-effective crypto-to-fiat transfers. If you’re ready to explore a token that might outlast memes, visit Remittix now. Keep track of its growth or connect through their socials here:Linktree.

While PEPE and DOGE remain beloved, shifting sentiment suggests the 2025 altcoin market might favor tokens with tangible benefits. Whether Remittix dominance fulfills its promise depends on adoption, transparency, and a market hungry for real utility. Yet, if early indicators hold true, this could be the next big altcoin story that meme coin loyalists won’t want to miss.

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

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Trump signs executive order for working group on crypto

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The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.

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Trump signs executive order related to crypto

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CryptoQuant CEO says Trump opens new era for meme coins

In a landmark move for the crypto industry, President Donald Trump has signed an executive order to establish a dedicated working group focused on digital assets.

Trump has signed an Executive Order establishing the Presidential Working Group on Digital Asset Markets, a new initiative aimed at bolstering U.S. leadership in digital finance, according to Fox Business reporter Eleanor Terrett.

The Working Group will develop a Federal regulatory framework for digital assets, including stablecoins, while evaluating the feasibility of a national digital assets stockpile. 

Chaired by the White House AI & Crypto Czar, David Sacks, the group will include key officials such as the Secretary of the Treasury and the Chairman of the Securities and Exchange Commission, alongside other agency heads.

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The Executive Order mandates collaboration with industry experts to ensure that cutting-edge insights beyond the Federal Government inform policies.

It also directs agencies to review and recommend changes to existing regulations that impact the digital asset sector. The order prohibits any Federal action to create or promote central bank digital currencies.

SEC crypto task force

In tandem with the executive order, the U.S. SEC announced the formation of a cryptocurrency task force. 

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This group is charged with creating a regulatory framework that provides legal clarity for crypto assets, addressing longstanding industry concerns about ambiguous regulations.

The executive order also repeals the Biden Administration’s Digital Assets Executive Order and the Treasury Department’s international framework, citing concerns over their restrictive impact on innovation and U.S. economic competitiveness in global digital finance, according to Terrett.

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Trump Signs Executive Order To Consider National Digital Asset Stockpile: Report

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Ripple Executives Meet Donald Trump at Mar-a-Lago Event

U.S. President Donald Trump signed an executive order on Thursday to review the creation of a “National Digital Asset Stockpile,” according to Fox News.

  • As reported by FOX Business White House correspondent Edward Lawrence and shared by partner Eleanor Terret, the executive order established a “Presidential Working Group” on digital assets.
  • This group is tasked with “evaluating the creation of a strategic national digital assets stockpile,” as well as creating a federal regulatory framework for digital assets and stablecoins.
  • It will be chaired by White House AI and crypto czar David Sacks, and include heads of the SEC, Treasury, and other relevant agencies. Among other things, it also bars federal agencies from taking action to establish, issue, or promote a CBDC.
  • Finally, this executive order revokes the Biden administration’s crypto executive order, issued in 2022.
  • Trump initially promised to create a “strategic national Bitcoin stockpile” in July, but has now seemingly expanded the scope of its inclusion to other digital assets.
  • Senator Cynthia Lummis is pushing legislation to formally establish a Bitcoin reserve, and to have the U.S. government sell some of its gold stash to buy 1 million BTC.
  • Trump has already shown openness to other coins personally, launching his own official memecoin last week on the Solana blockchain.
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Why The Dogecoin Price Should Be On Your Radar

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Dogecoin

Este artículo también está disponible en español.

Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level. 

Analyst Predicts 500% Surge For The Dogecoin Price

In an X post, crypto analyst Javon Marks predicted a 500% surge for the Dogecoin price, representing a 5x increase from its current level. The analyst explained that Dogecoin is back showing strength, and by its historical performance, DOGE can be set for an over 432% gain at the least from its current level.

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Javon Marks further remarked that the Dogecoin price could rally above the 1.618 Fib extension, which is currently at $2.2. In line with this, the analyst added that market participants could still be early, considering that DOGE could witness a 5x price increase from its current level.

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Past trends hints at 500% growth for DOGE | Source: Javon Marks on X

Crypto analyst Trader Tardigrade also recently predicted that the Dogecoin price could rally above $2. In an X post, the analyst stated that the meme coin had formed a bull flag on the 2-day chart. According to the analyst, this DOGE bull flag pattern puts a target of over $2 for the foremost meme coin. 

The crypto analyst had previously predicted that the DOGE price could even rally as high as $8 if it mirrors the 2017 bull run. He added that DOGE could also reach $30 if it mirrors the 2021 bull run. These projections further prove that the foremost meme coin could at least record a 500% price surge from its current level. Crypto analyst Master Kenobi has also previously predicted that Dogecoin could rally to $2 in this cycle and top around $3. 

Bullish Fundamentals Also Support A 5x Increase For DOGE

The Dogecoin price also boasts bullish fundamentals, which support a 5x increase from its current level. One of the fundamentals includes the potential launch of a Dogecoin exchange-traded fund (ETF) in the US. Asset manager Bitwise recently filed for a Dogecoin ETF in Delaware, indicating that an application with the US Securities and Exchange Commission (SEC) may be next.

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Asset manager REX Shares, in collaboration with Osprey, already filed with the SEC to offer a Dogecoin ETF. This is bullish for the Dogecoin price, considering the amount of institutional funds that could flow into the DOGE ecosystem if the SEC approves these funds. There is also a huge likelihood that the SEC will approve these funds, considering the pro-crypto climate under Donald Trump’s administration. 

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It is also worth mentioning that there has been a huge accumulation trend among DOGE whales, which is also bullish for the Dogecoin price. IntoTheBlock data shows there has been a 41% spike in the meme coin’s large transactions, with $23.35 billion traded in the last 24 hours. Another bullish fundamental is Elon Musk’s Department of Government Efficiency (DOGE), which puts the foremost meme coin in the limelight. 

At the time of writing, the DOGE price is trading at around $0.35, down almost 4% in the last 24 hours, according to data from CoinMarketCap.

Dogecoin
DOGE trading at $0.34 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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