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Grayscale’s Dogecoin (GDOG) and XRP (GXRP) ETFs will begin trading on NYSE Arca, offering spot exposure to each asset.The launches follow rising demand for altcoin ETFs, with Bitwise and Franklin Templeton also expanding into DOGE, XRP and Solana products. Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, offering U.S. investors simplified access to DOGE and XRP for the first time through regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their respective underlying assets. Dogecoin, once viewed mainly as a joke cryptocurrency, has become one of the most actively traded digital assets by volume. Meanwhile, the launch of GXRP comes as the XRP Ledger (XRPL), a blockchain tailored for cross-border payments, nears its fourteenth year. The ledger has processed over 4 billion transactions since its inception. GXRP and GDOG were initially available as private placements before going public on NYSE Arca. Their debut adds to Grayscale’s growing suite of crypto-related investment products, which now span over 40 offerings. Grayscale’s launches follow a wave of new altcoin ETFs. Franklin Templeton is expected to launch its own Dogecoin ETF next week, while Bitwise’s XRP ETF went live earlier this week. Bitwise’s Solana ETF (BSOL), which debuted earlier this year, has already attracted over $400 million in inflows, reflecting growing institutional interest in non-Bitcoin crypto assets. $XRP $DOGE
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Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC The winning miner controls just 0.0000007% of Bitcoin’s total network hashpower, which recently hit a record 855.7 exahashes per second. What to know: A lone Bitcoin miner with only 6 terahashes per second of hashpower mined a full BTC block, earning 3.146 BTC plus fees worth nearly $265,000. The miner had just a one in 180 million chance of solving a block on any given day, controlling only 0.0000007% of Bitcoin's total network hashpower. This event marks one of the luckiest solo-mined blocks in recent memory, highlighting the rarity of such occurrences as Bitcoin's hashrate continues to climb. A lone Bitcoin miner running roughly 6 terahashes per second of hashpower — an amount so small it barely registers on the network — mined a full BTC block on Friday, earning 3.146 BTC plus fees worth nearly $265,000. The feat was confirmed by Solo CK pool creator Con Kolivas, who noted the miner had “only a one in 180 million chance” of solving a block on any given day. #Binance
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Cardano Temporarily Splits Into Two Chains After Attacker Uses AI-Generated Script to Exploit a Known Bug The divergence emerged when newer nodes accepted a malformed transaction that older nodes rejected. A malformed transaction pushed Cardano into a brief chain split on Saturday, as older and newer node versions validated transaction data submitted to the network differently. The mismatch caused some block producers to follow a “poisoned” chain while others stayed on the normal one, prompting an emergency patch and network-wide upgrade instructions. The incident — which has since been traced to a wallet belonging to a former testnet participant — is being investigated as a potential cyberattack. Cardano ecosystem governance body Intersect said in a post-mortem report that the divergence emerged when newer nodes accepted a malformed transaction that older nodes rejected. The inconsistency exploited a bug in an underlying software library that validation logic failed to trap. Once propagated, block producers began building on different branches of the chain, creating what the group called a “poisoned” ledger and a parallel “healthy” chain. $ADA
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Crypto News of the Day: Bitcoin ETFs Are Filling With ‘Dumb Money,’ Deeper Crash Ahead? Alliance DAO co-founder QwQiao reiterated his stark outlook on X (Twitter), that the next crypto bear market will be worse than most people expect. In the original post, he argued that a large wave of inexperienced buyers has entered the market in 2025, creating the conditions for a severe flush. “…dumb money who know nothing about crypto buying DATs and ETFs,” wrote QwQiao. According to QwQiao, the market may require another 50% drawdown as these buyers sell off their holdings quickly, probably at a loss, usually due to panic or pressure. Only after this happens, the Alliance DAO executive says, can a solid long-term foundation form and the Supercycle resume its course. When QwQiao made these remarks, the Bitcoin price was trading at $111,756. Trading for $83,712 as of this writing, the pioneer crypto has already shed 25% of QwQiao’s prediction. A full 50% drawdown from $111,756 would see the Bitcoin price go as low as $56,068. Placeholder’s Chris Burniske echoed the sentiment, warning that the sell-side pressure from DAT (digital asset treasuries) investors is only just beginning. “The era of DAT selling has only begun. Just as we went up, so too will we go down,” he wrote, suggesting that structural flows, not sentiment, will dictate the next phase of the cycle. $BTC
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