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House of Doge, the corporate entity supporting the Dogecoin Foundation, has entered into a strategic partnership with blockchain infrastructure provider Paxos to accelerate institutional access to Dogecoin (DOGE). The collaboration is designed to integrate Dogecoin into Paxos regulated brokerage and custody ecosystem, making the popular meme cryptocurrency more accessible through enterprise-level financial platforms.

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Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.

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Global investors are increasingly focused on the growing divergence between traditional financial markets and the cryptocurrency sector. Over recent weeks, the SP 500 continued its impressive rally, gaining an additional 4%, while Bitcoin declined by 13% and gold slipped 5%.

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Strategy (NASDAQ: MSTR), the company widely credited with popularizing the corporate Bitcoin treasury strategy, has sold Bitcoin for the first time since December 2022, offloading approximately $2.5 million worth of BTC. The move comes as digital asset treasury firms face increasing pressure from declining cryptocurrency prices and weakening investor sentiment.