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

Since Bitcoin broke past its March high of $73,679, Bitcoiners have pulled $20.4 billion in realized profits, but Glassnode believes “further gains” may be on the horizon.

Key Points:

In the race to make a place in the spot ETF, many altcoins are putting their huge efforts after the approval of Bitcoin and Ethereum's spot ETFs.

Bitcoin (BTC) is continuing its upward trajectory, with recent developments in the market drawing the attention of investors and analysts alike. The cryptocurrency's funding rate has surged to an impressive 37%, its highest level since March 2024.

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.

Analysts believe the pro-crypto environment provides an opportunity for investors to enter the market.

2 As Bitcoin continues to break records, crypto investors and market analysts are eyeing an ambitious yet seemingly possible milestone – Bitcoin at $100,000 by month's end.

The crypto prices today have sparked mixed investor sentiments across the globe, showcasing fluxing trajectories. Bitcoin (BTC) price rested at the $87K level today, whereas Ethereum (ETH) and Solana (SOL) prices hovered in the red zone.

After registering a 30 percent spike in the last eight days, Bitcoin (BTC) price recorded the first bearish daily close on Tuesday. The flagship coin closed Monday with a dragonfly Doji candlestick, signaling a short-term cool-down of the recent macro bullish breakout.

Bitcoin is on the cusp of reaching $90,000, with a powerful 29% rise over the weekits best streak since the 2023 banking crisis. The rally follows a shift in market sentiment, with investors anticipating new economic policies under the Trump administration.

Entrepreneur and influencer Andrew Tate recently made waves with his bold predictions about Bitcoin's future, claiming that the cryptocurrency is still in its early stages of growth. His remarks come after Bitcoin recently hit a record high of $89,229, igniting widespread optimism in the crypto space.

XRP surges as rumors swirl around Ripple-Trump talks, hinting at SEC appeal withdrawal that could set legal precedent for crypto.

Teslas strategic bet on Bitcoin has hit a major milestone, with its holdings once again exceeding $1 billion, Arkham Intelligence reports. This valuation spike aligns with a resurgent crypto bull market, placing Tesla among other high-profile investors witnessing Bitcoins historic surge.

Bitcoin surged to nearly $90,000 following Donald Trumps election, with investors anticipating a crypto-friendly administration. The rally, fueled by hopes for a national bitcoin stockpile and Trumps pro-crypto stance, sent bitcoin to new highs and boosted mining stocks like Riot Platforms and CleanSpark.

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on national reserves as El Salvador continues its groundbreaking crypto investment.

Bitcoin price extended gains above $88,000. BTC is now consolidating gains near $90,000 and might see a minor decline in the near term.

Anthony Pompliano, a prominent Bitcoin advocate, has revealed Donald Trumps Bitcoin ownership, suggesting it could shape U.S. economic policies. Trumps pro-Bitcoin stance may propel BTC to a strategic position within the governments financial strategy, impacting Wall Street and beyond.

Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump's massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC.

Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement.

The agency aims to streamline the U.S. government by cutting bureaucracy, reducing costs, and creating a leaner, more accountable structure.

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally.

Department of Government Efficiency: Trump has announced a new Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, aimed at optimizing federal spending and regulatory practices.

The U.S. dollar held near a 6-1/2-month peak against major peers and bitcoin was solidly poised just below record highs on Wednesday as markets sized up so-called Trump trades ahead of key U.S. inflation data later in the day.

Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up.

Musk aims to slash tax spending by $2 trillion amidst plans for federal audits and administrative reform.

Musk is also a long-time supporter of memecoin Dogecoin, which has a ticker same as the acronym of the upcoming department.

US President Donald Trump has revealed that Tesla CEO Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, or “DOGE.” This initiative, aimed at streamlining government operations and reducing bureaucratic waste, aligns with Trump's “Save America” movement and promises to reshape federal spending and regulatory practices.

Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast approaching the much-anticipated $90,000 mark.

Bitcoin has once again made headlines, reaching a thrilling new all-time high of $89,900 before settling slightly lower at $87,983.96. This recent surge has set the stage for a historic market milestone: a staggering $54,000 margin between Bitcoin's current price and its average realized price.

Bitcoin price recently achieved a new milestone, briefly trading above $90,000 following a period of sustained growth. This rally, attributed partly to renewed optimism within the crypto community, has marked a record-breaking period for the cryptocurrency.

With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.

How is Bitcoin playing a key role in their financial revolution?

In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million.

Blackrock's spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU's nearly $33 billion.

Bitcoin recorded its largest daily gain in history with $8,400 added on Veterans Day. Could the largest crypto by market cap hit the $90,000 level?

Dogecoin continued its strong rally for the fourth-straight day with a price jump over 100% in the past week, triggering a $1 price target. DOGE-tracked futures saw over $68 million in cumulative losses.

Nano Labs hopes Bitcoin payments will help expand global transaction options and boost its market position.

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Singapore-based AI firm Genius Group has adopted a "Bitcoin-first" strategy, committing to hold 90% of its reserves in Bitcoin and planning to invest $120 million to acquire approximately 1,380 BTC as its primary treasury asset. The post AI Firm Genius Group Adopts Bitcoin as Treasury Asset appeared first on Cryptonews.

BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China's state-led capitalism under President Donald Trump's administration.

The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed.

Bitcoin miner MARA, formerly known as Marathon Digital, holds 26,747 bitcoin on its balance sheet as of Oct. 31.

El Salvador has initiated its third dollar bond buyback this year, bolstered by Bitcoin's all-time high after the US election results.

The world's largest exchange, Binance, has recorded $7.159 billion in inflows over the last seven days, marking the second consecutive week with over a billion in inflows this month. The exchange has a total net flow of over $5 billion in November alone.

Leading cryptocurrency Bitcoin (BTC) has been on a relentless bull run, consistently breaking new all-time highs over the past week. As of this writing, the king coin exchanges hands at $85,662, recording a 5% increase in the last 24 hours.

Bitcoin (CRYPTO: BTC) has reached a new milestone, surpassing the market cap of silver and becoming the world's eighth-largest asset by valuation. What Happened: Currently valued at $1.74 trillion, Bitcoin's swift rise contrasts sharply with the long-standing value of silver, which has a market cap of approximately $1.71 trillion, according to data.

Maybe the current crypto rally has enough juice to push the coin above that once-inconceivable level.