Dogecoin (DOGE) saw a steep rise within minutes of the launch of the US government’s official Department of Government Efficiency (DOGE) website, which featured the Dogecoin logo prominently. Dogecoin Price Rally Dogecoin rose 16.7% in an hour on Tuesday, reaching $0.4043, bringing its market capitalization to $56.15 billion.Since the launch of the DOGE website, the price of Dogecoin has skyrocketed. Source: TradingViewAfter the official website of the Department of Government Efficiency was launched, trading volume surged significantly. The website prominently displays the iconic dog-themed memecoin logo along with the message “People voted for major reforms.”The official DOGE website features the…
Author: Crypto Flexs
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Following a 10% price swing on January 20, Bitcoin (BTC) price has remained above $100,000 for six consecutive days and is worth $106,100 at the time of publication.Data from Checkonchain, a Bitcoin on-chain analysis program, shows that 80% of short-term holders (STH) are back in profit range after BTC recovered above $100,000. STH supply loss fell to 65% before Bitcoin rebounded earlier this month. Profit for short-term Bitcoin holders %. Source: X.comWhen short-term Bitcoin holders make a profit, it is a good sign because they are less vulnerable to panic selling during profitable periods. However, Darkfost, a verified analyst at…
In an in-depth discussion on the Hell Money podcast, David Bailey, CEO of BTC Inc., shared insights into Bitcoin’s transformative potential, geopolitical impact, and role as a cornerstone of a new global economic framework.“I see this happening much faster than anyone can understand. Within 10 years, Bitcoin will be the world’s reserve asset.” 00:00 Introduction07:15 Bitcoin soft fork 11:00 Bitcoin vs. US policy cryptocurrency 19:20 How much political power does Bitcoin have? 23:50 Bitcoin users are politically homeless. 26:20 Strategic Bitcoin Reserves 29:00 Bitcoin development and ossification 32:00 Separation of money and state 33:40 Increase your time preference SBR as…
Former Coinbase executive Balaji Srinivasan believes President Trump should consider airdropping his newly launched official memecoin to his supporters. Srinivasan told his 1.1 million followers on social media platform But he also claims that the new TRUMP coin has an “alignment problem.” “For context, the CEO of a company is usually one of the largest shareholders, but he works with all employees because they own the same shares. Ideally, all holders rise and fall as one. To use an analogy, ideally the president would want to work with citizens to ensure that everyone holds American coins that give them some…
Ethereum underperformed Bitcoin, with the ETH/BTC pair hitting a four-year low. ETH is down 2.48% in the last 24 hours. Over the past few months, Ethereum (ETH) has struggled to maintain upward momentum, while Bitcoin (BTC) has continued to hit new highs. Therefore, Ethereum has continued to struggle with Bitcoin as BTC.Dominance pushes Bitcoin to recent lows. In fact, at the time of writing, ETH/BTC is trading at $0.031, a four-year low. The decline raises concerns about Ethereum’s future prospects and whether it can reverse its fortunes. Ethereum continues to compete with Bitcoin. Over the past year, Bitcoin has seen…
GOAT Gaming Launches AlphaGOAT — Everyone Will Become ‘Your Own Guild’ Gamers will soon be able to make money without having to lift a finger when AI-powered Telegram gaming network GOAT Gaming discontinues its AI agents next month. “AlphaGOATs” will play games for you, bet on prediction markets, and potentially win cryptocurrency for you. But don’t quit your day job just yet. Launching February 6, AlphaGOATs will be able to compete in mini-game tournaments in the GOAT Gaming ecosystem, which has over 5 million active players. GOAT Gaming launches on February 6th. (GOAT Gaming) Simon Davis, CEO of Mighty Bear…
Despite Trump not mentioning Bitcoin in his first speech, experts believe his administration will soon make the cryptocurrency a priority. ‘Golden Age’ without cryptocurrency On January 20, Donald Trump returned to the White House as the 47th President of the United States and gave an inauguration speech promising a ‘golden age’ for the United States. His speech touched on topics such as unity, economic strength, and border control, while touching on key issues such as inflation, immigration, and energy production. However, the cryptocurrency community noticed a glaring omission: despite the Trump family’s recent involvement in the cryptocurrency industry, there was…
Memecoins bearing US President Donald Trump’s name surged in popularity ahead of his inauguration when opportunistic traders launched tokens that mimicked the official Trump Official (TRUMP) and Melania Official (MELANIA) tokens on the Solana network.Thousands of new memecoins with tradable liquidity were launched on Solana on January 20, according to Cointelegraph’s analysis of data from aggregator Birdeye.Of those, 61 were proven to be official “TRUMP” or “MELANIA” coins through their tickers, official branding, and project descriptions.This counterfeit token attracted $4.8 million in inflows from 12,641 wallets in one day. In this analysis, we only included explicit imitations of the original…
DOGE/USD 30-minute chart. Source: Cointelegraph/TradingViewDOGE’s Dogecoin logo promotes DOGE priceThe rise in DOGE’s price follows developments centered around the Department of Government Efficiency (DOGE), an agency led by Elon Musk. The governor general, who aims to cut government spending and streamline regulations, launched an official website on January 21.The website features the Dogecoin logo in the center of the page. 미국 정부의 공식 웹사이트라고 밝히고 있는 .gov 웹사이트에도 해당 부서의 직함과 달러 기호, ‘대대적인 개혁에 국민이 투표했다’라는 슬로건이 적혀 있다.source: CointelegraphAfter the inauguration ceremony, an executive order was issued to establish a department. relevant: 도지코인을 1달러로? Traders say a 140%…
Most people in the cryptocurrency community expect Donald Trump’s incoming administration to be a game-changer for the industry. Much of this optimism stems from promises he made during his campaign, which many believe could herald a new era of policies favoring cryptocurrency adoption and innovation.Donald Trump’s new administration has allowed the traditional mining industry to grow rapidly, and this article will guide you on how to leverage the new era of cryptocurrency cloud mining policies to achieve financial freedom.What is Cloud Mining?cloud mining It is one of the ways to mine cryptocurrencies such as Bitcoin because there is no need…