Month: March 2025

No DOGE in D.O.G.E.’, Says Dogecoin Proponent Elon Musk

March 31, 2025 RAYMOND 0

Elon Musk has put an end to speculation about Dogecoin’s involvement in the Department of Government Efficiency (D.O.G.E.), confirming that the government has no plans to use the memecoin. His statement came during a town hall in Green Bay, Wisconsin, where he explained that the agency’s name was inspired by internet suggestions rather than any connection to cryptocurrency. Despite the lack of official ties, the department’s launch in August had previously sparked a surge in Dogecoin-related tokens and contributed to a months-long rally. Meanwhile, D.O.G.E. continues its mission to streamline government spending, reportedly saving taxpayers an estimated $130 billion since January.

Bitcoin Soars Toward $81K While XRP, ADA Sink—Will a Tariff War Spark Market Chaos?

March 31, 2025 RAYMOND 0

Global stock markets continued their downward trend for the fourth straight day as investors braced for President Donald Trump’s impending tariff announcement. Major Asian indices, including Hong Kong’s Hang Seng and Japan’s Nikkei 225, suffered sharp losses, while U.S. and European stock futures also slipped. Amid the market turmoil, gold surged to an all-time high and U.S. Treasury yields declined as traders sought safe-haven assets. Meanwhile, Bitcoin ETFs recorded a $196 million inflow last week, contrasting with ether ETFs, which saw net outflows. In the crypto space, $751.2 million in token unlocks are set for release this week, with a significant $4.4 billion expected in May.