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SharpLink Gaming Slumps 8% as Rumors Swirl of ETH Sell-Off by Joe Lubin’s Firm

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CoinGape Newsletter
November 07, 2025

Bitwise gears up to launch its spot Dogecoin ETF as the issuer amends its application to include ticker, fees, and other key details. The final deadline for the US SEC to decide on the exchange-traded fund (ETF) is November 12. Will the Dogecoin ETF tracking spot DOGE price gain approval next week or go auto-effective to list and trade later this month?

SharpLink Gaming, an Ethereum treasury company, has reportedly started selling its ETH holdings. Joe Lubin-backed company moved 4,364 ETH to a crypto exchange, on-chain platforms reported on Friday. Meanwhile, SBET stock extends its downfall to over 12% in a week after closing 8% lower on Thursday.

Dogecoin price is gaining renewed attention following Tesla’s approval of Elon Musk’s historic $1 trillion pay package. The milestone has reignited optimism around Musk’s long-standing connection to DOGE, a coin often influenced by his ventures and public appearances. Meanwhile, the current Dogecoin setup appears to mirror the June–July rally that triggered a 101% surge from the same demand zone. As sentiment improves, the combination of Musk’s corporate success and DOGE’s technical strength may set the stage for another major recovery heading into year-end.

Shiba Inu price has jumped 5% in the past 24 hours, defying its recent downtrend of 5% over the last week and 20% in the past month. Currently, the token is maintaining an upward trend at above $0.00000093. This may be an early sign of a breakout, as some traders are optimistic that SHIB may soon show another zero off its price in case the momentum continues