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Cryptocurrency News, Thursday, August 7, 2025 — Market Awaiting Momentum; Institutional Players Expanding Presence
..., for instance, has added Solana to its list of supported networks for stablecoin payments. It is anticipated that Solana may receive an additional capital influx if relevant crypto ETFs are approved in the USA.
Dogecoin (DOGE)
: The most well-known meme cryptocurrency continues to hold a place in the top ten, although its price has been relatively stable of late. The movement of DOGE's price is still largely driven by community sentiment and media mentions. The inflationary model of issuance restrains ...
Cryptocurrency News August 1, 2025 - Bitcoin at $118,000, SEC and XRP in Focus
... consistently ranks in the top 10. In 2025, the Cardano network is experiencing an active phase of smart contract development and decentralized applications ecosystem, maintaining community and investor interest.
Dogecoin (DOGE) – ~$0.22. The popular meme cryptocurrency, originally created as a joke, remains one of the largest by market capitalization. DOGE is correcting after price spikes but continues to see demand due to its loyal community and influential endorsements. Dogecoin's volatility sometimes ...
Making Millions on Dogecoins: Top Executive Leaves Goldman Sachs
... in millions by liquidating positions at an all-time high for the coin.
Aziz MacMahon has recently made headlines in the UK. The Guardian reports that the Goldman Sachs executive has reaped "substantial profits" from his investments in the meme cryptocurrency Dogecoin. According to the media, the earnings have been so significant that MacMahon has either retired or, at the very least, departed from Goldman Sachs.
The Guardian was unable to ascertain the precise amount of wealth amassed by the ...
Declining Bitcoin Dominance Amidst Rapid Growth of Ethereum and Altcoins
... approximately 40% in a day, and tokens from the AI and DeFi sectors (TARS AI, Ethena, etc.) have doubled over the past week. Meme coins are not far behind: the price of Pepe (PEPE) skyrocketed over 40%, while Shiba Inu (+30%) and Dogecoin (+10%) continued ... ... the market. The heightened volatility of altcoins, combined with positive news, compels market participants to reshape their cryptocurrency portfolios and reassess acceptable risk levels.
Macroeconomic and Behavioral Factors
The macroeconomic environment ...
DeepSeek: A New Threat to American Tech Stocks?
... success in artificial intelligence with the launch of DeepSeek, noting that the US remains the undeniable leader in the realm of memecoins. His assertion carried a tone of irony, highlighting the unique role of the US in the creation and popularization of meme tokens.
Analysis:
Schiff's statement, despite its humorous tone, reflects the reality in which the US indeed plays a key role in the cryptocurrency industry, especially in the memecoin segment. However, the comment also emphasizes the contrast between China's strategic focus on AI and the cultural dominance of the US in crypto innovations, such as memecoins.
#Cryptocurrencies #AI #China ...