

CleanCore’s pivot to Dogecoin is being spearheaded by its newly appointed board chairman, Alex Spiro, a longtime attorney for Elon Musk.
CleanCore Solutions, a Nebraska-based maker of aqueous ozone cleaning systems, saw its shares plunge over 60% Tuesday after announcing plans to become a Dogecoin treasury company.
The company disclosed a $175 million private placement backed by over 80 institutional and crypto-native investors, including Pantera, GSR, FalconX and Borderless.
Proceeds will be used to acquire Dogecoin (DOGE) as CleanCore’s primary reserve asset, with the initiative led by newly appointed board Chairman Alex Spiro, Elon Musk’s longtime attorney.
Read more

Analysts say the crypto market has already priced in Wednesday's interest rate cut, but the Federal Reserve remains divided on an additional cut in December. The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%.Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast:Asset prices remained flat or fell by modest amounts on Wednesday following the FOMC decision, with the price of Bitcoin (BTC) falling by about 2.4% at the time of writing, following Federal Reserve Chair Jerome Powell’s comments signaling that FOMC members are divided on a December rate cut. Read more

