President Donald Trump signed an executive order establishing the Department of Government Efficiency (DOGE) to modernize federal technology and software, enhancing government efficiency and transparency.
Tech mogul Elon Musk has fueled market speculations with his recent comment regarding “DOGE” during Donald Trump's inauguration. In his speech at the post-inauguration celebration, Musk lauded Trump's victory in the election, while his “DOGE to MARS” remark has gained notable traction from market enthusiasts.
Amid growing speculations of a market crash, Dogecoin is down by 10%. As sellers aim to test $0.30, will a long-standing trendline change the bearish course of action?
Former presidential candidate Vivek Ramaswamy has decided to exit the Department of Government Efficiency just months after being appointed as co-leader.
During the oath-taking ceremony, as the President of the United States of America, Donald Trump failed to mention about cryptocurrencies in his speech. This further led to a significant overnight correction in the crypto market, with Bitcoin price retesting its $102k level.
Cryptocurrency prices and the crypto fear and greed index dropped after Donald Trump ignored the industry in his first day as the US president. Bitcoin, which reached a record high of $109,200 on Monday and then pulled back below $102,000.
Donald Trump's presidency is only a few minutes old, and already several lawsuits have been filed against him. The lawsuits are about a new advisory group, DOGE (Department of Government Efficiency), which has raised concerns due to its questionable structure and lack of proper government oversight.
Vivek Ramaswamy has stepped down as co-leader of the Department of Government Efficiency (D.O.G.E), a controversial initiative spearheaded by Elon Musk and championed by President Donald Trump.
Dogecoin dips as Trump Coin and Melania Token steal the spotlight. Will DOGE bounce back or face more competition from emerging meme tokens?
Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”
Dogecoin (DOGE) has recently shown promising technical signs that could pave the way for a significant price increase, with a prominent analyst predicting a potential 49% surge in the cryptocurrency's value. Currently trading at $0.3625, DOGE has experienced a slight decline of 6% in the last 24 hours but has posted a more optimistic 14% increase over the past week.
Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.
Vivek Ramaswamy has departed from Donald Trump's Department of Government Efficiency (DOGE). The entrepreneur has left the position at DOGE to run for governor of Ohio.
Dogecoin traders have lost over $65 million in 24 hours amid the largest liquidation event in this year so far. This development came as the DOGE price crashed violently after climbing to as high as $0.43 on Sunday.
Crypto traders note that a golden opportunity is on the horizon, and missing out could mean forfeiting a lasting financial legacy. A top Dogecoin trader, known for accurately predicting Dogecoin's extraordinary 35,000% rally in 2021, is betting big on the new Ethereum token, WallitIQ (WLTQ).
Ramaswamy's exit puts Musk's leadership under scrutiny as DOGE's directives may shape Congress and Trump's executive orders.
Accusations of transparency violations hit Trump's DOGE advisory panel, casting doubt on its governance. With Elon Musk at the helm and Ramaswamy's rumored departure, the initiative faces mounting challenges. The post Donald Trump's Newly-Created DOGE Headed for Post-inauguration Lawsuit appeared first on Cryptonews.
Dogecoin (DOGE) has experienced significant volatility over the weekend, capturing the spotlight as investors gear up for what could be a pivotal week in the cryptocurrency market. With President-elect Donald Trump set to assume office today, market sentiment around Dogecoin and other digital assets has turned increasingly bullish.
As new memecoins enter the market, Dogecoin demonstrates resilience with a sustained trading volume of 489.09M.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
The Department of Government Efficiency, or DOGE, has been targeted over rules on hiring, disclosures, and more as Trump takes office.
Dogecoin (DOGE)'s notable 18,400% surge in 2021 stands out as one of the most remarkable tales in the crypto realm, as its value soared from mere cents to $0.70. This rapid growth highlighted the potential of community-focused tokens and speculative investments.
Over the weekend, American economist Peter Schiff made a series of sarcastic posts in regards to memecoin TRUMP, launched by US president-elect Donald Trump on Friday, January 17. In his latest dig at the dynamics surrounding the token, Schiff said it could be used to bribe the incoming POTUS.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
Dogecoin price has stagnated recently as cryptocurrency investors focus on the newly minted meme coins by Donald Trump and Melania Trump. DOGE has barely moved this year, but analysts point to its potential technicals that may push it higher in the long term.
Speculation about Dogecoin's anticipated rally to reclaim its current all-time high has increased within the community as other leading crypto assets like Bitcoin, XRP, and Solana form a new peak. Even though DOGE is about halfway from revisiting its peak, crypto analysts remain confident in its future price performance.
Accusations of FACA violation: Musk's new agency under scrutiny
DOGE Lawsuit: In an unprecedented turn of events, Elon Musk's Department of Government Efficiency (D.O.G.E.), an advisory panel under Donald Trump's presidency, appears to have encountered a severe setback as it faces a lawsuit.
The 30-page legal complaint alleges that Musk's DOGE has violated the Federal Advisory Committee Act (FACA) 1972.
Dogecoin (DOGE) has recently seen an impressive rally, breaking through the critical $0.39 resistance level. This surge has reignited optimism among traders and investors, but the sustainability of this upward momentum remains uncertain.
Dogecoin faced significant whale accumulation coinciding with a 15% weekly price surge, while analysts set a $15 price target.
Will Dogecoin break $1 in 2025? As market sentiment improves, XRP and YETIO also capture attention, fueling the buzz around crypto's potential this year.
Dogecoin whale's bullish trade continues on Monday, nabbing substantial attention from crypto investors. Notably, as nearly 80 million DOGE was accumulated by a whale, market sentiments of a looming price rally for the token have surfaced globally.
Can Dogecoin realistically surge to the $20 region or higher? In a Elliott Wave Theory breakdown, crypto analyst XForceGlobal presented a case for why the popular meme-coin could continue its upward trajectory.
Dogecoin currently trades at $0.38-$0.39 amid technical breakout signals and increased whale activity, with analysts pointing to historical January performance and chart patterns suggesting potential movement toward $1.
Whales have purchased over $700 million worth of the meme coin in less than two days.
A key technical development on the Dogecoin (DOGE/USD) chart could hint at a bullish move if current support levels hold, according to crypto market analyst Kevin (@Kev_Capital_TA). After roughly a month in a downward-sloping pattern, DOGE appears to be rebounding off the former resistance line of this channel—an event that often garners attention among traders looking for an upswing.
Dogecoin seems to have finally moved past its extended consolidation phase with the return of greed sentiment into the crypto market. Intrestingly, technical analysis of the Dogecoin price chart shows that this greed sentiment is about to push the meme coin into a parabolic rally that would send it to new all-time highs.
Sherpa, a highly followed crypto analyst, has forecasted a significant surge for the altcoin Hyperliquid (CRYPTO: HYPE). What Happened: In a post on X, Sherpa shared his bullish perspective on Hyperliquid.
TRUMP, the meme coin inspired by former U.S. President Donald Trump, briefly overtook Shiba Inu (SHIB) in market capitalization, earning the title of the second-largest meme coin.
In a significant transaction that has caught the attention of the cryptocurrency community, 90,000,000 DOGE, valued at approximately $36,438,179, was transferred from an unknown wallet to Binance, the world's largest cryptocurrency.
Whale activity and growing network metrics have sparked speculations around a breakout for Dogecoin.
Donald Trump's memecoin, TRUMP, has quickly become a sensation in the crypto world, surpassing Shiba Inu (SHIB) and Pepe (PEPE) to rank as the second-largest meme token by market cap.
Elon Musk is making waves again, this time with his Department of Government Efficiency (DOGE) project inside the White House. Here's how this move could impact Dogecoin and what traders need to know to stay ahead.
Dogecoin price consolidated above the $0.40 area on Sunday as Donald Trump's newly-launched token gained market share. Is the DOGE price rally at risk of losing momentum?
Investing in Dogecoin (DOGE -6.78%), the leader of the meme coins, and Shiba Inu (SHIB -7.87%), the runner-up, is risky under the best conditions. But with the right information in hand, you can mitigate some of the risks and stack the deck in your favor as much as possible.
Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH) show differing price trajectories. While Bitcoin continues to hold steady above the $100,000 level, concerns over a potential hidden downtrend emerge.