The Dogecoin Foundation’s corporate arm, House of Doge, has partnered with Bitstamp by Robinhood to serve as custodian and trading venue for the Official Dogecoin Treasury by CleanCore Solutions.
Summary
- House of Doge has partnered with Bitstamp by Robinhood to custody the Dogecoin Treasury established by CleanCore Solutions.
- CleanCore acquired 285M DOGE (~$68M) on Sept. 8, marking the largest institutional Dogecoin purchase to date, with plans to secure up to 5% of total supply.
- DOGE price is now forming an ascending triangle with $0.25 resistance and $0.23 support aligned with key Fib levels.
The Dogecoin Foundation’s corporate arm, House of Doge, has entered into a strategic partnership with Bitstamp by Robinhood to serve as the trading venue and custodian for the newly established Official Dogecoin Treasury by NYSE-listed CleanCore Solutions.
“Bitstamp by Robinhood has long been one of the most trusted retail platforms for Dogecoin investors,” said Marco Margiotta, CEO of House of Doge. “By securing the Official Dogecoin Treasury with Bitstamp by Robinhood, we’re not just safeguarding assets, we’re laying the groundwork for a Dogecoin financial ecosystem where holders will soon be able to participate in broader economic utility applications.”
For context, the Official Dogecoin Treasury was launched by CleanCore Solutions through a $175 million private investment in public equity, backed by industry players such as Pantera, GSR, FalconX, Borderless, MOZAYYX, and Mythos. On Sept. 8, the treasury made its initial acquisition, purchasing 285,420,000 DOGE—valued at approximately US $68 million—making it the largest institutional Dogecoin treasury within a week of inception.
CleanCore plans to accumulate up to 1 billion DOGE within 30 days, with a long-term objective of securing 5% of Dogecoin’s circulating supply.
Buoyed by the Sept. 8 CleanCore acquisition news, DOGE price broke out of a multi-week symmetrical triangle pattern, shooting past the 20- and 50-day moving averages. Following that breakout, it has formed a new swing high around $0.25, just shy of the 0.382 Fib retracement level. That leg also cleared the previous local high from late August, signaling renewed bullish momentum.
DOGE price now appears to be forming an ascending triangle, with relatively flat resistance in the $0.24–0.25 zone — aligned with the 0.382 Fib retracement — and a series of higher lows beginning to establish the pattern.
Immediate support lies near $0.23, where the 0.618 Fib retracement level coincides with the rising trendline of the ascending triangle — making it a crucial zone to watch for potential bullish continuation or breakdown.
Source link