ELON MUSK UPDATE
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#Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet.
#DOGE has a history of moving on Musk comments or payments-related developments of his companies.
Popular memecoin #Dogecoin (#DOGE ) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service.
Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from the app's tipping service, one user noted in an X post, speculating that it might be for sending money as part of X Payments.
Dogecoin's price has a history of moving on payments-related news — no matter how fanciful — at any Elon Musk-owned companies including X, formerly known as Twitter. Musk long floated his plans to turn the social media site into an "everything-app," encompassing payments between users. X Payments LLC obtained money transmitting licenses in most U.S. states, excluding New York.
Some crypto enthusiasts speculate that the service, once live, might include transactions with some digital assets such as DOGE, given Musk's long-standing affection for the token. Musk’s electric car company, Tesla, already accepts #DOGE payments for some merchandise purchases in its online store.
DOGE advanced 5.4% over the past 24 hours, outperforming flat bitcoin ($BTC ) prices. The token is up 190% over the past month and trading at its highest level since May 2021.
#DOGE has a history of moving on Musk comments or payments-related developments of his companies.
Popular memecoin #Dogecoin (#DOGE ) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service.
Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from the app's tipping service, one user noted in an X post, speculating that it might be for sending money as part of X Payments.
Dogecoin's price has a history of moving on payments-related news — no matter how fanciful — at any Elon Musk-owned companies including X, formerly known as Twitter. Musk long floated his plans to turn the social media site into an "everything-app," encompassing payments between users. X Payments LLC obtained money transmitting licenses in most U.S. states, excluding New York.
Some crypto enthusiasts speculate that the service, once live, might include transactions with some digital assets such as DOGE, given Musk's long-standing affection for the token. Musk’s electric car company, Tesla, already accepts #DOGE payments for some merchandise purchases in its online store.
DOGE advanced 5.4% over the past 24 hours, outperforming flat bitcoin ($BTC ) prices. The token is up 190% over the past month and trading at its highest level since May 2021.
Elon Musk to occupy space for #DOGE office inside the White House complex.
Elon Musk is planning to set up an office in the White House complex as he launches a new project aimed at cutting government spending under the newly introduced Department of Government Efficiency (#DOGE ), according to a report by The New York Times.
According to the report, the office will be located in the Eisenhower Executive Office Building, which is next to the White House. This move will allow Musk, who owns companies with large contracts with the US government, to stay close to President-elect Donald Trump once he takes office.
In recently held general elections of the US, the Twitter boss had supported Trump with donations amounting to hundreds of millions of dollars to help him secure a historic majority. With this win, Trump will take charge of the White House for the second time and as the 47th president of the United States.
After building close relations with Trump during the elections, Musk has been frequently seen with Trump since then, attending meetings and advising on key decisions.
The new project, named the Department of Government Efficiency (DOGE), is being led by Musk and his partner, Vivek Ramaswamy, a US billionaire who contested for the US presidential race and later supported Trump. It is still unclear if Ramaswamy will also have office space in the White House complex.
According to The New York Times report, currently, #DOGE staff members are working from Washington, DC offices of Musk’s company, SpaceX. The details about the project and its funding are still secret, and it is not clear what role Musk will play in the White House or if he will receive any special access.
Furthermore, Musk may become a ‘special government employee’, which would give him more flexibility in terms of financial disclosures. However, the size of his team and his exact role are yet to be disclosed.
Elon Musk is planning to set up an office in the White House complex as he launches a new project aimed at cutting government spending under the newly introduced Department of Government Efficiency (#DOGE ), according to a report by The New York Times.
According to the report, the office will be located in the Eisenhower Executive Office Building, which is next to the White House. This move will allow Musk, who owns companies with large contracts with the US government, to stay close to President-elect Donald Trump once he takes office.
In recently held general elections of the US, the Twitter boss had supported Trump with donations amounting to hundreds of millions of dollars to help him secure a historic majority. With this win, Trump will take charge of the White House for the second time and as the 47th president of the United States.
After building close relations with Trump during the elections, Musk has been frequently seen with Trump since then, attending meetings and advising on key decisions.
The new project, named the Department of Government Efficiency (DOGE), is being led by Musk and his partner, Vivek Ramaswamy, a US billionaire who contested for the US presidential race and later supported Trump. It is still unclear if Ramaswamy will also have office space in the White House complex.
According to The New York Times report, currently, #DOGE staff members are working from Washington, DC offices of Musk’s company, SpaceX. The details about the project and its funding are still secret, and it is not clear what role Musk will play in the White House or if he will receive any special access.
Furthermore, Musk may become a ‘special government employee’, which would give him more flexibility in terms of financial disclosures. However, the size of his team and his exact role are yet to be disclosed.
Dogecoin is a cryptocurrency based on the popular "#DOGE " Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional. To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a #DOGE: currency exchange and deposited some funds, you are ready to start trading.
#Bitcoine slides below $100,000, Federal Reserve's Powell rejects bitcoin reserve.
On Friday, the price of bitcoin plunged to almost $92,000 before rebounding to more than $97,000, despite reaching a new all-time price high of more than $108,000 on Tuesday.
Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7%. We’re not allowed to own bitcoin,” Federal Reserve chair Jerome Powell said. “The Federal Reserve Act says what we can own, and we’re not looking for a law change. That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."
Overall, the global crypto market cap dipped by 1.2%, reaching $3.52 trillion, according to CoinGecko.
Ethereum, the world’s second-largest digital asset, also dropped by 10%, though it recovered Friday morning by reaching a price near $3,467. Meanwhile, Solana, the world’s sixth-most valuable cryptocurrency, with a market cap of $92 billion, is currently trading at $192 at the time of writing, after dropping 10%.
On Thursday, bitcoin exchange-traded funds (ETFs), which debuted this January, saw their first outflows in weeks, with $BTC $ETH seeing $650 million in outflows. Meanwhile, #Ethereum ETFs saw outflows exceeding $60 million.
With the upcoming holiday season on the horizon, some market analysts underlined that "mixed behavior" over Christmas and New Year was to be expected: "The first rule of bitcoin is that it is always volatile in the same way water is always wet," said James Toledano, Chief Operating Officer at Unity Wallet. "It’s behavior is always mixed and there is zero discernible pattern at the end of the year going into the next. Sometimes the price rises in the new year and at other times it falls. So, historically, we can say that bitcoin exhibits typically mixed behavior over Christmas and New Year."
$BTC
On Friday, the price of bitcoin plunged to almost $92,000 before rebounding to more than $97,000, despite reaching a new all-time price high of more than $108,000 on Tuesday.
Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7%. We’re not allowed to own bitcoin,” Federal Reserve chair Jerome Powell said. “The Federal Reserve Act says what we can own, and we’re not looking for a law change. That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."
Overall, the global crypto market cap dipped by 1.2%, reaching $3.52 trillion, according to CoinGecko.
Ethereum, the world’s second-largest digital asset, also dropped by 10%, though it recovered Friday morning by reaching a price near $3,467. Meanwhile, Solana, the world’s sixth-most valuable cryptocurrency, with a market cap of $92 billion, is currently trading at $192 at the time of writing, after dropping 10%.
On Thursday, bitcoin exchange-traded funds (ETFs), which debuted this January, saw their first outflows in weeks, with $BTC $ETH seeing $650 million in outflows. Meanwhile, #Ethereum ETFs saw outflows exceeding $60 million.
With the upcoming holiday season on the horizon, some market analysts underlined that "mixed behavior" over Christmas and New Year was to be expected: "The first rule of bitcoin is that it is always volatile in the same way water is always wet," said James Toledano, Chief Operating Officer at Unity Wallet. "It’s behavior is always mixed and there is zero discernible pattern at the end of the year going into the next. Sometimes the price rises in the new year and at other times it falls. So, historically, we can say that bitcoin exhibits typically mixed behavior over Christmas and New Year."
$BTC
Trump 2.0: Elon Musk, Vivek Ramaswamy point at #DOGE targets- Is it going to put jobs at risk? Check details.
Synopsis,
Donald Trump has picked Elon Musk for a role in government cost-cutting, as part of his drive to "dismantle bureaucracy when he returns to the White House next year. Musk picked alongside biotech investor Vivek Ramaswamy to lead #DOGE . The two have prepared a list of targets which #DOGE intends to do to save the costs of the US federal government.
Donald Trump's proposed new Department of Government Efficiency (#DOGE ) is already earning praise and criticism in the United States weeks before the president-elect's inauguration. Co-headed by Elon Musk and Vivek Ramaswamy, the two are dropping hints about how #DOGE will focus its efforts on trimming federal spending when the new administration takes over in January.
$BTC
$ETH
$XRP
Synopsis,
Donald Trump has picked Elon Musk for a role in government cost-cutting, as part of his drive to "dismantle bureaucracy when he returns to the White House next year. Musk picked alongside biotech investor Vivek Ramaswamy to lead #DOGE . The two have prepared a list of targets which #DOGE intends to do to save the costs of the US federal government.
Donald Trump's proposed new Department of Government Efficiency (#DOGE ) is already earning praise and criticism in the United States weeks before the president-elect's inauguration. Co-headed by Elon Musk and Vivek Ramaswamy, the two are dropping hints about how #DOGE will focus its efforts on trimming federal spending when the new administration takes over in January.
$BTC
$ETH
$XRP
Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet.
DOGE has a history of moving on Musk comments or payments-related developments of his companies.
Dogecoin moving on Elon Musk tweet of Joe Rogan profile (Dogecoin Foundation).
Popular memecoin Dogecoin (DOGE) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service.
Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from the app's tipping service, one user noted in an X post, speculating that it might be for sending money as part of X Payments.
DOGE has a history of moving on Musk comments or payments-related developments of his companies.
Dogecoin moving on Elon Musk tweet of Joe Rogan profile (Dogecoin Foundation).
Popular memecoin Dogecoin (DOGE) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service.
Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from the app's tipping service, one user noted in an X post, speculating that it might be for sending money as part of X Payments.
🚀 Crypto #Predictions for 2025 by Bitwise
#Bitwise predicts a bright future for crypto, with $BTC potentially surging to $200K and major industry players seeing massive growth.
🔑 Key Highlights:
*/ Bitcoin to hit $200K, $ETH reaches record TVL levels, and Solana gains momentum from meme coin activity.
*/ Coinbase could join the S&P 500, and MicroStrategy might enter the Nasdaq-100 as Bitcoin surpasses 100K$.
*/ More countries may adopt Bitcoin reserves, with legislative proposals emerging globally.
*/ Stablecoin market could grow to $400B, driven by supportive US policies and Ripple's RLUSD launch.
Bitwise’s projections reflect current trends, signaling a bullish outlook for 2025! 🌟
$BTC Price Analysis#
#Bitwise predicts a bright future for crypto, with $BTC potentially surging to $200K and major industry players seeing massive growth.
🔑 Key Highlights:
*/ Bitcoin to hit $200K, $ETH reaches record TVL levels, and Solana gains momentum from meme coin activity.
*/ Coinbase could join the S&P 500, and MicroStrategy might enter the Nasdaq-100 as Bitcoin surpasses 100K$.
*/ More countries may adopt Bitcoin reserves, with legislative proposals emerging globally.
*/ Stablecoin market could grow to $400B, driven by supportive US policies and Ripple's RLUSD launch.
Bitwise’s projections reflect current trends, signaling a bullish outlook for 2025! 🌟
$BTC Price Analysis#
Predicting $BTC price in 2025 is highly uncertain as it depends on numerous factors, including market dynamics, global economic conditions, regulatory developments, and adoption rates. Here are key points to consider:
Factors That Could Increase Bitcoin Price:
1. Increased Adoption: Broader acceptance of Bitcoin as a digital asset by institutions and governments.
2. Halving Effect. Bitcoin next halving is expected in 2024, reducing mining rewards and potentially driving scarcity in 2025.
3. Inflation Hedge: If traditional fiat currencies lose value due to inflation, Bitcoin could attract more investors.
4. Technological Advancements: Improvements in $BTC scalability and ecosystem could boost its appeal.
Factors That Could Decrease Bitcoin's Price:
1. Regulatory Crackdowns: Negative regulations or outright bans in major economies.
2. Global Economic Instability: A major financial crisis could reduce speculative investments like $BTC .
3. Competition from Altcoins: Growing adoption of other cryptocurrencies could divert interest from $BTC .
4. Market Sentiment: Prolonged bearish trends or loss of confidence in crypto markets.
Conclusion:
While many analysts predict growth due to historical patterns and the halving cycle, the cryptocurrency market is highly volatile and unpredictable. It's essential to conduct thorough research, diversify your investments, and only invest what you can afford to lose.
Factors That Could Increase Bitcoin Price:
1. Increased Adoption: Broader acceptance of Bitcoin as a digital asset by institutions and governments.
2. Halving Effect. Bitcoin next halving is expected in 2024, reducing mining rewards and potentially driving scarcity in 2025.
3. Inflation Hedge: If traditional fiat currencies lose value due to inflation, Bitcoin could attract more investors.
4. Technological Advancements: Improvements in $BTC scalability and ecosystem could boost its appeal.
Factors That Could Decrease Bitcoin's Price:
1. Regulatory Crackdowns: Negative regulations or outright bans in major economies.
2. Global Economic Instability: A major financial crisis could reduce speculative investments like $BTC .
3. Competition from Altcoins: Growing adoption of other cryptocurrencies could divert interest from $BTC .
4. Market Sentiment: Prolonged bearish trends or loss of confidence in crypto markets.
Conclusion:
While many analysts predict growth due to historical patterns and the halving cycle, the cryptocurrency market is highly volatile and unpredictable. It's essential to conduct thorough research, diversify your investments, and only invest what you can afford to lose.
$95,000 $USDT AirDrop to celebrate #HamsterKombat Token Listing On #Binance🎉🎉
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Drop your #TON wallet👇and check in 7
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Be aggressive drop your #Ton wallet fast and Retweet Now!!🔁🔁
#HamsterKombat #hamster
Like + Repost ✅✅
Must Join:-
https://t.me/hAmster_kombat_bot/start?startapp=kentId7366567882
Drop your #TON wallet👇and check in 7
Hours⏰⏰
Be aggressive drop your #Ton wallet fast and Retweet Now!!🔁🔁
#HamsterKombat #hamster
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