Analysis

According to a leading crypto expert, Arthur Hayes, Elon Musk won’t achieve much in his new role at the Department of Government Efficiency (DOGE). The BitMEX founder suggested in an X post that Musk will fail to cut the federal government’s expenditures once the agency becomes operational. 

In an exchange on X (formerly Twitter), Ripple’s Chief Technology Officer David Schwartz, also known as “JoelKatz”, addressed criticisms about his company and the XRP Ledger.

Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days.

Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016.

Bitcoin is on a tear. Earlier, it crossed $93,000 for the first time in history, spiking up over 3% and setting a new record at $93,469.08.

Over the past few weeks, Dogecoin (DOGE) has exhibited a massive surge, significantly outperforming Bitcoin (BTC) and other major altcoins. The memecoin has soared by 170% in the last two weeks, an astounding 250% over the past five weeks, and 95% in just the last five days.

Bitcoin (BTC) price extends its decline for a second consecutive day on Wednesday, trading slightly down at around $87,600 after a 30% surge since November 5 pushed BTC to a new all-time high at $89,940.

As President-elect Donald Trump prepares to assume office on January 20, there is growing anticipation regarding how his administration will influence the cryptocurrency sector. 

Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally.

Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance.

Dogecoin’s (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market. SHIB is attempting to move to a new price level. Both coins are now growing and are attracting investors. So, this could be the start of the new meme coin market rally.  

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election.

Amid shifting market dynamics, major Toncoin and Cardano investors are pivoting to Rollblock, seeing it as a promising opportunity for enhanced returns.

President-elect Donald Trump has announced that Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy will lead DOGE department.

A robust market optimism has triggered a bullish run for Dogecoin as the dog-themed meme coin attracts notable price gains over many major cryptocurrency assets with an over 50% daily profit.

As we glide into the holiday season with the presidential poll freshly in the past, cryptocurrencies are benefiting from an unprecedented set of tailwinds.

Dogecoin has skyrocketed over 200% in less than three weeks, riding the wave of Bitcoin’s recent record-breaking rally. As BTC surged to new all-time highs, the momentum carried over to altcoins, with Dogecoin leading the pack in aggressive gains.

The Dogecoin price is racing towards its next bullish target, as an analyst projects a rise to $15 for the number one meme coin.

The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst.

TradingKey - Since the U.S. election on November 5, Bitcoin, the largest cryptocurrency, has surged approximately 28%, reaching an all-time high of $89,884 in the early hours of Tuesday, Eastern Time.