It's been a quieter few days for Dogecoin fans after a post-election season sprint that took the original meme coin to a three-year high price of about $0.43, but DOGE is finally running back up the charts again.
Dogecoin hit a price of $0.40 on Tuesday morning, per data from CoinGecko, for the first time since November 14, marking an 11% jump over the past 24 hours.
It's the biggest gainer in the top 10 coins by market cap as of this writing, according to CoinGecko, though other coins in the top 100 like Hedera and Tezos have jumped higher over the past day.
Imagine the price action if Securities and Exchange Commission (SEC) Chair Gary Gensler joined the board of a crypto project.
Well, maybe that's not plausible. But crypto traders have got themselves fired up over rumors that a current crypto board member could be in the frame to replace Gensler at the SEC.
The price of Hedera's HBAR token shot up 29% in the past day on rumors that board member Brian Brooks, who was briefly CEO of Binance.US, has landed himself on the shortlist to take over as he...
DOGE has nearly tripled in price over the last 30 days, up 188% during that span. Part of that is likely due to the broader crypto market swell that has lifted all assets, with Bitcoin reaching new all-time highs in the process, thanks in part to the U.S. presidential election win of Donald Trump—a self-styled crypto candidate who made many promises regarding the industry.
But there's also a specific connection with Trump supporter Elon Musk, a longtime fan of Dogecoin who has consistently pumped the coin over the years with his comments and actions. Musk supported Trump on the campaign trail, with DOGE rising amid his appearances, and now Musk will co-lead a so-called Department of Government Efficiency—yes, the D.O.G.E.—with entrepreneur Vivek Ramaswamy.
In fact, Tuesday's jump coincided with a Musk post fashioning himself as "The Dogefather," repeating a title he gave himself in 2021 as the coin surged to its peak price point.
SpaceX CEO Elon Musk and entrepreneur Vivek Ramaswamy will helm a new U.S. government initiative aimed at lowering the federal budget deficit.
Called the Department of Government Efficiency (DOGE), the initiative—which has an acronym identical to the ticker of Musk’s favorite cryptocurrency, Dogecoin—will “slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” according to President-elect Donald Trump.
However, some details about the project remain unclear. Here'...
Speaking of Bitcoin—the leading cryptocurrency is back on the hunt for a new peak price record, jumping as high as $92,720 on Tuesday morning for its highest mark in several days. The record to break is $93,477, set just last week.
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Coinbase has now overtaken two of the world's largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts.
The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable companies, including Apple, Google, and Microsoft, are traded.
Coinbase also surpassed the Stock Exchange of Hong Kong, the HKEX, which generated $2.67 b...
After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum.
The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a filing released Thursday.
"The proportion of bitcoin and ether to be held by each Trust will be based on free-float market capitalizations," the filing...
Dogecoin (DOGE) fell 12.4% in the past 24 hours as a broader market decline continues, triggered by the Federal Reserve's latest economic outlook.
The meme coin has dropped to $0.31, while trading volume surged 67% to $10.25 billion as holders repositioned their bags. It's now down 35% from its 2024 high of $0.47.
Despite the pullback, Dogecoin's market capitalization remains at $46.6 billion, maintaining its position as the seventh-largest crypto.
Powell's hawkish comments about higher-than-exp...
