Elon Musk has put to rest persistent speculation linking Dogecoin (DOGE) to the newly formed US Department of Government Efficiency (D.O.G.E.), clarifying that the agency has no connection to the meme-based cryptocurrency. Speaking at a town hall hosted by his America PAC in Green Bay, Wisconsin, Musk said the similarity in naming was coincidental and […]
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
The move contrasts with developments in other countries, such as the U.S. and U.K., where some pension funds have begun to experiment with crypto exposure.
Bitcoin is now facing a critical test around the $82,000 level after bulls lost momentum during last week’s failed attempt to reclaim $90,000. The rally that pushed BTC to $87,000 sparked a wave of optimism, but it quickly faded as selling pressure resumed. Since then, Bitcoin has slipped back into a bearish posture, with bulls […]