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Analyst: XRP/BTC exchange rate has fallen by 53% since XRP was launched, and by 90% in the past 7 years Joe Consorti, head of growth at Theya Bitcoin and Bitcoin analyst, wrote on the X platform: "XRP requires thousands of retail investors to post content 24/7 and spend millio…

Lawyer: Citing Eric Trump as source of major tax policy changes requiring congressional action is absurd Digital asset lawyer Joe Carlasare posted on X: “It is ridiculous to cite Eric Trump as the source of major tax policy changes that require congressional action. Please rea…

⚡️ NEW: Ethereum Co-Founder Joe Lubin says Consensys is ready and willing to step up to play a more prominent leadership role amid the drama around the Ethereum Foundation.

Trump’s promise to usher in a ‘golden age’ for crypto is a sharp contrast from his predecessor. The crypto project connected to United States President Donald Trump, World Liberty Financial (WLF), has raised $1bn in token sales, while a new Trump meme coin also soared to more than $10bn in market value as Trump took office for his second term. WLF made the announcement on Monday, the day Trump was sworn in as president. The boom in Trump-related crypto ventures comes as he promises to$TRUMP usher in a “golden age” for cryptocurrencies, in stark contrast with the regulatory scrutiny of the industry enforced under the administration of former President Joe Biden. Middle East

According to U.S. officials on Monday, billionaire Elon Musk will become the sole leader of the Department of Government Efficiency (D.O.G.E) after co-founder Vivek Ramaswamy announced his resignation to focus on his campaign for governor of Ohio. D.O.G.E was established in November 2024 by Musk and Ramaswamy as part of President Donald Trump’s “Save America” initiative. The organization is tasked with reducing waste, streamlining regulations, and overhauling the federal bureaucracy. Ramaswamy played a crucial role in building D.O.G.E, but his decision to run for governor required him to step down in compliance with newly enacted regulations, according to spokesperson Anna Kelly in a statement to the Associated Press. The abbreviation “D.O.G.E” has drawn significant attention due to its association with Dogecoin (DOGE), the meme cryptocurrency ardently supported by Musk, known as the “Dogefather.” The price of DOGE surged last year after Musk was announced as the leader of D.O.G.E. Initially, D.O.G.E aimed to cut $2 trillion in government spending. However, Musk recently revised this target to $1 trillion, acknowledging that the original goal was overly ambitious. To support this initiative, President Trump signed an executive order temporarily halting federal civilian hiring. The Office of Management and Budget has been tasked with developing a plan to streamline the federal workforce through efficiency measures. Unlike traditional federal agencies, D.O.G.E operates independently of the government, relying on private-sector expertise and support from Republican lawmakers. The organization has attracted attention for its connections to the tech elite, with advisors such as Palantir co-founder Joe Lonsdale and investor Marc Andreessen. The blend of policy and meme culture is evident in campaign merchandise featuring Musk, Trump, and the Shiba Inu mascot of Dogecoin. These items have become a quirky highlight of the initiative, sparking both intrigue and debate within the cryptocurrency community. $DOGE