Elon Musk has said that if his Doge department is successful in combating inflation, it could drive down the price of bitcoin, dogecoin and other major
Dogecoin’s (DOGE) 2025 potential hinges on Elon Musk’s influence, while the DTX Exchange (DTX) token emerges as a new altcoin with high growth prospects.
Elon Musk shared his thoughts on how cryptocurrencies would affect the price of Dogecoin and Bitcoin if government overspending and inflation were reduced.
Elon Musk's rumored 'X Money' could revolutionize the cryptocurrency market, with plans for X Payments potentially launching without full U.S. approval. This initiative, part of Musk's ambition to transform X (formerly Twitter) into an 'everything app,
Elon Musk's new government role could propel Dogecoin to new heights, with potential for official integration and X Money adoption.
The Doge department is a nod to the shiba inu doge meme that's also linked to the dogecoin cryptocurrency, named by Elon Musk as his "favorite" cryptocurrency and accepted as payment by his Tesla car company—though Tesla continues to hold around 10,000 bitcoin worth around $1 billion on its balance sheet.
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed.
Cryptocurrency Dogecoin gained more than the S&P 500 and Nasdaq last year, and its price could soar even higher in January.
The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.
Vivek Ramaswamy, Elon Musk’s partner in an effort to cut government costs, could make decisions that ultimately make him and his investors richer.