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Doodles is launching its own Solana-based token, DOOD, with plans to eventually bridge it to the Layer 2 platform, Base. The token’s total supply will be capped at 10 billion, with the majority allocated to the Doodles community and an ecosystem fund. The popular NFT brand Doodles is expanding its presence with the launch of DOOD, a Solana-based token. The total supply of the token is set at 10 billion, with 30% reserved for the Doodles community, 25% for the ecosystem fund, 17% for the Doodles team, 13% for "new blood," 10% for liquidity, and 5% allocated to the company. This move signals the brand's continued push into the digital economy, with plans to bridge the token to Base, a Layer 2 network incubated by Coinbase. The DOOD token launch follows the trend set by other prominent NFT brands like Pudgy Penguins , which recently introduced its token, PENGU, with a supply of 88.8 billion on Solana. Doodles, originally launched as a collection of 10,000 collectible NFT artworks, has grown significantly and now engages in animation, music, and high-profile partnerships, including collaborations with global brands such as McDonald’s. The $DOOD token aims to empower the Doodles community by allocating a significant portion of the supply to its fans. With 68% of the tokens going directly to the community, Doodles emphasizes its commitment to decentralization and fan engagement. Only 5% will go to the company, 10% will be used for liquidity, and 17% will be retained by the team to further develop the ecosystem. Doodles’ impressive rise in the entertainment industry, with billions of views on its animations and music and partnerships with major brands, reflects the growing influence of the project. The launch of the $DOOD token marks a pivotal step in Doodles’ mission to build a lasting movement, leveraging its global community and expanding digital economy. Since the announcement of the $DOOD token, the floor price of the Doodles NFT collection has surged by 12.4%, signaling a rise in excitement and interest surrounding the brand. The anticipation for the token is driving more collectors and investors to engage with the Doodles ecosystem, further elevating the value of Doodles NFTs. As the token launch progresses, Doodles is poised to push the boundaries of decentralized engagement, offering fans new ways to participate and influence the future of the brand. The $DOOD token is set to become a cornerstone of this new era in the NFT and entertainment space.

Bitget , the leading cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria's National Revenue Agency. The official licensing now enables Bitget to offer a comprehensive suite of crypto services within Bulgaria, including the exchange, trading, transfer, custody, and public offering of crypto assets, as well as wallet services. This aligns with Bitget's broader plans of obtaining EU's Markets in Crypto-Assets (MiCA) license, which will boost its foothold in the region. The VASP license in Bulgaria aligns with Bitget's strategic expansion across the European Union. The company is actively preparing for compliance with the EU's MiCA framework, which seeks to establish a unified regulatory environment for crypto assets throughout the region. "The successful application of the VASP license in Bulgaria is a part of Bitget's expansion strategy to serve users across the European Union," said Hon Ng, Chief Legal Officer at Bitget. "As the EU continues to lead with regulatory frameworks like MiCA, we see strong potential for sustainable growth and innovation in the region while maintaining compliance. Bulgaria serves as a strategic gateway for our European expansion, offering crypto-friendly ecosystems the chance to accelerate crypto's adoption." Ng added, "In 2025, we are excited to continue to grow Bitget's global regulatory footprint in partnership with various regulators around the world. We have a sharp focus on meeting compliance standards in every jurisdiction where we operate and we have been investing in our compliance programme from day one. We believe that our approach enhances user trust, ensures market integrity while at the same time increasing global adoption of digital assets and ensures long-term sustainable growth as we align our operations with emerging regulations worldwide”. Bitget views regulatory compliance as a social responsibility for crypto exchanges, which is evident through its acquisition of approvals in key markets such as Poland, Italy, Lithuania, UK and now Bulgaria. The VASP license in Bulgaria grants Bitget the regulatory authority to offer a wide array of services altered to cater to the needs of digital asset users in the region. These services include the exchange of crypto assets, enabling seamless conversion between crypto and fiat; trading and transfer of crypto assets, facilitating efficient and secure transactions; and custody services, providing a strong framework for safeguarding user assets. Additionally, the license permits the public offering of crypto assets, supporting the scope for innovative token launches and opportunities. In the last three months alone, Bitget has put forth major licensing and expansion updates. It has secured a BSP license in El Salvador , approval in the UK to provide digital asset services , it powered a compliant Vietnam-based exchange BitEXC and is also in talks with FIU in India. With Bulgaria's VASP license, Bitget is now inching closer to being one of the most trustworthy exchanges in the crypto space. The company plans to collaborate closely with European regulators to ensure its products meet all regulatory requirements while prioritizing the protection of user assets and data. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

Artificial Intelligence has transformed numerous industries, and crypto trading is no exception. AI-driven trading bots have become essential tools for traders seeking an edge in volatile markets. These bots analyze market trends in real-time, automate trading strategies, and eliminate emotional decision-making—resulting in more disciplined and potentially profitable trades. As more traders adopt automated solutions, AI-powered bots are becoming the future of crypto trading. Traditional trading requires constant monitoring of price movements and rapid execution of trades . However, AI trading bots simplify this process by automating key tasks such as: With AI bots, traders of all experience levels can optimize their crypto trading strategies without spending hours glued to price charts. Bitget , a leading cryptocurrency exchange, has introduced a suite of AI-powered trading bots to make automated trading accessible to everyone. These bots offer diverse strategies tailored to different market conditions and trader preferences, providing a smarter, more convenient way to navigate the crypto space. Bitget offers two primary categories of AI bots: Basic and Advanced, each suited for different trading needs: Bitget’s trading bots offer several advantages that make automated trading seamless and efficient: Bitget simplifies bot configuration with pre-set intelligent parameters, allowing users to launch trades without complex manual input. Traders just select a preferred AI bot, set their investment amount, and start trading instantly. Unlike traditional trading tools, Bitget’s AI bots use historical market data and volatility metrics to optimize trading decisions. This data-backed approach increases reliability and minimizes guesswork in trading. Bitget offers three AI trading modes to match user risk tolerance: Using Bitget’s trading bots is simple and accessible. Here’s how to start:

The post Crypto News: Cboe BZX Files First-Ever SEC Request to Allow Staking for 21Shares’ Ethereum ETF appeared first on Coinpedia Fintech News The Cboe BZX Exchange has recently submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) to allow staking for the 21Shares Core Ethereum ETF. This request, filed through a Form 19b-4, aims to enable staking for the Ethereum held by the ETF trust. If approved, it would become the first ETF in the U.S. to incorporate staking. The SEC has previously approved several Ethereum ETFs, such as the 21Shares Ethereum ETF, alongside other high-profile offerings from firms like BlackRock and Fidelity. However, most of these approvals excluded staking due to regulatory concerns. The filing said, “Based on discussions with the Sponsor, the Exchanges proposes to amend several portions of the Eth ETP Amendment No. 2, as amended, in order to allow the staking of the Ethereum held by the Trust.” What Does This Mean for Ethereum? Staking is an important feature for Ethereum, as it allows holders to earn passive rewards for helping secure the network. However, staking hasn’t been part of the Ethereum ETF offerings so far, as the SEC had previously raised concerns about whether staking could be considered a security. This was part of broader regulatory uncertainty surrounding cryptocurrencies, which saw SEC Chairman Gary Gensler labeling various crypto-related activities, including staking and stablecoins, as potential securities. However, this approach is now shifting, and many expect that the SEC will greenlight staking in 2025. This rule change request could pave the way for more crypto-related ETFs to incorporate staking, creating new opportunities for investors to earn rewards on their holdings. As a result, Ethereum ETFs could attract capital, as passive staking rewards become a compelling benefit for investors. The ETF Race Heats Up The SEC’s approval of the 21Shares Core Ethereum ETF with staking could set a precedent, with other crypto firms looking to follow suit. The Cboe BZX Exchange has been very active in the ETF space, having also filed proposals for other assets like XRP.

The post Is Ripple Lawsuit Ending Today? SEC’ To Discuss ‘Settlements’ And Other Legal Matters Today appeared first on Coinpedia Fintech News The ripple effect in the XRP community is palpable as the SEC gears up for another closed-door meeting, scheduled for February 13, 2025. This marks the third consecutive weekly closed session under the Sunshine Act, and the excitement is building. Could this be the meeting where the SEC finally pulls the plug on its appeal against Ripple, leading to a significant rally? The stakes are high as XRP’s future may rest on the commission’s next steps. A withdrawal of the appeal could potentially trigger a surge, pushing XRP toward a new all-time high. At the same time, the market is awaiting greater legal clarity, as asset managers are keenly interested in XRP ETFs. Key Topics on the Agenda Institution and settlement of administrative proceedings; Institution and settlement of injunctive actions; Resolution of litigation claims; and Other matters relating to examinations and enforcement proceedings. In particular, the meeting will address the institution and settlement of injunctive actions, administrative proceedings, and the resolution of litigation claims—subjects closely tied to the ongoing SEC vs. Ripple case. Experts are speculating that an official move toward resolving the SEC vs. Ripple case could set off a massive rally within the broader crypto space. The potential end of this legal battle could also pave the way for a Ripple IPO and open up other market opportunities, possibly leading to a more favorable tax environment for XRP holders. While the immediate focus is on the SEC’s next moves, many are looking beyond the Ripple case to the broader regulatory landscape. The SEC’s establishment of a new task force to clarify crypto rules under the Trump Administration has led to optimism that clearer regulations are on the horizon.