United States

Dogecoin (DOGE) has evolved from a meme cryptocurrency to a digital asset with a market capitalization of $15–20 billion, surpassing many S&P 500 companies in size. While its growth trajectory has attracted significant investor attention, the possibility of a 100x return is mathematically improbable due to the enormous market cap required. 

The cryptocurrency market may be poised for a significant surge this year, according to Ripple CEO Brad Garlinghouse, who expressed bullish expectations for digital assets. Speaking to CNBC at the World Economic Forum in Davos, Garlinghouse cited regulatory clarity and landmark legal victories, including the SEC dropping its four-year lawsuit against Ripple, as catalysts for renewed market confidence. 

Australia’s Star Entertainment Group is pursuing a critical refinancing deal that could determine the future of one of the country’s largest casino operators. Executives from U.S.-based private credit firm WhiteHawk Capital have traveled to Australia to assess the company’s casino assets as they consider extending a loan exceeding Rs 3,300 crore. The potential financing would replace Star’s existing debt obligations and provide breathing room for a company that has struggled with regulatory penalties, rising construction costs, and liquidity pressures.

DraftKings has decisively halted credit card deposits for sports betting and gaming across the United States, effective August 25. This nationwide prohibition targets both direct credit card payments and third-party platforms funded through credit cards, underscoring the company's dedication to mitigating gambling-related harms. This move follows regulatory penalties, notably a $450,000 fine in Massachusetts for credit card use in wagering, and aligns with an industry-wide trend to restrict credit-based gambling funding.