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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.

CoinGecko's report on the cryptocurrency industry for the first quarter of 2026 shows that the cryptocurrency market has shifted from a sharp correction to a prolonged "winter," with the total market capitalization of cryptocurrencies dropping by 20.4% ($622 billion), ending the first quarter of 2026 at $2.4 trillion, a decrease of about 45% from the peak in October 2025.The report also states that the market capitalization of stablecoins remains unchanged at $309.9 billion, with a decline in USDT supply, marking the first decrease since the second quarter of 2022.Crude oil prices performed the strongest in the first quarter of 2026, rising by 76.9%, while Bitcoin fell by 22.0% alongside the stock market.In the first quarter of 2026, the spot trading volume on centralized exchanges decreased by 39.1% to $2.7 trillion, with March setting a new monthly low of $80 billion.Solana continues to dominate the spot trading volume on decentralized exchanges, expected to hold a 30.6% market share in the first quarter of 2026.Driven by the demand for all-weather oil trading, commodity traders currently account for about 30% of Hyperliquid's open contracts.

In response to former Multicoin co-founder Kyle Samani's view that "Hyperliquid embodies many of the worst issues in the crypto industry."BitMEX co-founder Arthur Hayes replied: "Since you say HYPE is bad, let's make a bet. I bet that from February 10, 2026, 00:00 (UTC) to July 31, 2026, 00:00 (UTC), HYPE's increase will surpass any altcoin with a market cap over $1 billion on CoinGecko (in USD). You can choose any coin you support as the opponent. The loser must donate $100,000 to a charity designated by the winner."

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.

CoinGecko co-founder responds to rumors of "considering selling CoinGecko at a valuation of about $500 million." Having operated CoinGecko for nearly 12 years, like any growing and profitable company, we regularly evaluate strategic opportunities to strengthen the business and accelerate our mission.CoinGecko is currently in a strong position—business growth, strong profitability, and increasing institutional demand. CoinGecko's business operations continue as usual, with no changes to our working methods or data delivery.

According to CoinDesk, citing informed sources, the crypto data platform CoinGecko is exploring a sale and has hired investment bank Moelis to handle the process, with a target valuation of approximately $500 million.This move comes as merger and acquisition activity in the crypto industry accelerates, with a total of $8.6 billion in disclosed M&A in 2025, setting a new record with 133 transactions. CoinGecko was founded in 2014 and is considered a mainstream data platform alongside CoinMarketCap.

Recently, Ms. Yu and her husband transferred 250 yuan in pocket money to each other through China Construction Bank, with the note "This week's Dogecoin," which led to an investigation by the bank and the locking of their accounts. The couple received calls from bank staff to verify their relationship and the reason for the transfer note, stating that the note triggered "virtual currency control," and their accounts would be set to a "no deposit, no withdrawal" status.The staff at the bank where Ms. Yu opened her account informed her that to unlock the account, she needed to submit her husband's bank statement for the past few months. After approval, she would then need to write a commitment letter, promising that the previous transactions were not related to virtual currency and that they would not participate in virtual currency transactions in the future. However, her husband strongly opposed the direct restriction on account usage and was negotiating with the staff at his bank. In response, China News Weekly called the China Construction Bank customer service for consultation, and the staff stated that they had not received any information regarding virtual currency control and suggested consulting the relevant branch for specific details.Subsequently, China News Weekly inquired at the branch of China Construction Bank in Tianjin where Ms. Yu opened her account, and the staff claimed they were unaware of the situation. Meanwhile, the staff at her husband's branch in Dalian stated that if the account involved virtual currency transactions, the bank would impose "no deposit, no withdrawal" control on the account. If the transfer note specified "Dogecoin," they would need to provide materials to prove that the note was unrelated to virtual currency. However, the issue lies in how to prove this; if only the bank statement is available, it cannot serve as valid proof. Therefore, such controlled accounts cannot be unlocked and can only be canceled.As for the specific regulations, the other party did not provide a clear response. Currently, Ms. Yu has submitted her husband's bank statement and a handwritten commitment letter and is applying to lift the account restrictions. Meanwhile, her husband's bank staff responded that after submitting their marriage certificate, they could apply to lift the restrictions. According to Xinhua News Agency, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring all member units not to participate in virtual currency, real-world asset token issuance, and trading activities within the country, and reminding the public to discern risks and stay away from illegal activities.

Cryptocurrency asset management company Bitwise Asset Management plans to list the Dogecoin exchange-traded fund Bitwise Dogecoin ETF (NYSE: BWOW) today. The official details of the ETF have been released: currently, BWOW holds 16,429,836.05 Dogecoins (custodied by Coinbase Custody), with a market value of $2,499,996.71 and a management fee rate of 0.34%.Bitwise stated that if the asset management scale of BWOW reaches $500 million within one month (whichever comes first), the management fee will be waived.

Bitwise Dogecoin ETF (ticker symbol BWOW) could potentially list as early as Wednesday, after NYSE Arca, a subsidiary of the New York Stock Exchange Group, approved the listing and registration of the ETF on Tuesday.According to the filed documents, "NYSE Arca confirms that it has approved the listing and registration of the common stock of Bitwise Dogecoin ETF (Bitwise Dogecoin ETF Series), which approval is executed pursuant to the Securities Exchange Act of 1934."

The digital asset management company Grayscale officially disclosed the details of its Dogecoin ETF. Currently, the Grayscale Dogecoin Trust ETF (GDOG) holds a total of 11,136,681.421 Dogecoin tokens, with assets under management of approximately $1.546 million. The Dogecoin assets of this ETF are all custodied at Coinbase Custody.

Bloomberg senior ETF analyst Eric Balchunas posted on X platform that the Grayscale Dogecoin ETF will be listed today, with a fee of 35 basis points and the trading code GDOG, but no fees will be charged until the ETF's assets reach $1 billion or for the first three months of trading (whichever comes first). The expected trading volume on the first day is $12 million.

According to Grayscale, the Grayscale Dogecoin Trust ETF (ticker: GDOG) will provide investors with direct exposure to DOGE.The ETF will begin trading tomorrow on the NYSE Arca.

According to Coindesk, the Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) will launch on Monday on the NYSE Arca market, providing U.S. investors with a convenient way to invest in DOGE and XRP through a regulated public market for the first time.

According to PRNewswire, Thumzup Media Corporation, a social media company invested in by Donald Trump Jr. that holds cryptocurrency reserves, announced the acquisition of the Dogecoin and Litecoin mining company Dogehash. Following the completion of the transaction, Dogehash will become a wholly-owned subsidiary and will undergo a rebranding.In addition, Thumzup also disclosed that it holds assets valued at $52 million as of the end of the third quarter.

Bloomberg analyst James Seyffart stated that new ETFs tracking XRP and Dogecoin are expected to debut in the coming trading days. He mentioned that Bitwise's XRP ETF (ticker: XRP) is likely to start trading on Thursday. Meanwhile, Grayscale and Franklin Templeton's XRP funds, as well as Grayscale's Dogecoin ETF, could be listed as early as next Monday.These listings follow the recent launch of several altcoin funds, such as Canary Capital's XRP fund (XRPC), which achieved a net investment of $58 million on its first day, surpassing the first-day performance of the Bitwise Solana ETF. Currently, 11 Bitcoin funds listed in the U.S. manage over $130 billion in assets.