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John Paulson, a billionaire investor and a close ally of former President Donald Trump, has revealed his plans to work with Elon Musk on substantial federal spending cuts if he were to be appointed Treasury secretary in a second Trump administration. What Happened: Paulson expressed his intentions to extend Trump's 2017 tax cuts and collaborate with Musk to reduce federal spending, particularly by eliminating subsidies for green energy in the Inflation Reduction Act, which he referred to as the Green New Deal, reported The Wall Street Journal on Tuesday.

Dogecoin (DOGE) may be on track to surpass its highest level this year, following an impressive 28% gain over the past seven days. This surge suggests that Dogecoin could soon surpass its highest price this year.

Dogecoin price looks incredibly bullish as large investors, known as “whales”, have poured an additional $149 million into the meme coin in the last 24 hours. This massive capital influx signals strong confidence among influential market players, boosting optimism about DOGE price recovery.

Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher.

Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.'s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Investors got excited as Dogecoin experienced a big price upsurge making it the best-performing cryptocurrency in the last 24 hours after a massive campaign rally by presidential candidate Donald Trump. Dogecoin's price spiked following the disclosure that the Tesla CEO is being considered as the head of a proposed department.

Dogecoin (DOGE), the world's largest meme coin has gained a notable price surge of over 70% in October 2024 and has now reached a crucial resistance level. This significant price surge in such a short period raises concerns of a price correction or consolidation, which might pause DOGE's upside rally in the coming days.

As Bitcoin approaches $73K, the top dog crypto Dogecoin leads the way for altcoins, catching short-sellers unawares.

Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.

The Dogecoin price could soon reach the highly coveted $1, a milestone that many low-priced meme coins aspire to achieve. Taking this into consideration, a crypto analyst has unveiled a new technical pattern in the Dogecoin price chart called the ”Descending Megaphone.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) surged, riding Bitcoin's (CRYPTO: BTC) upward momentum past $72,000. What Happened: Coinmarketcap data shows meme coins nearing a $71 billion market cap, up 14.6% over 24 hours.

Dogecoin (DOGE), the prominent meme cryptocurrency, is experiencing a substantial rally.

Just days after Billy Markus, the Dogecoin founder, defended Elon Musk against what he called a “media spin machine,” he posted on X that he can not wait for Musk's reaction when the mainstream media become forced to cover Dogecoin. This, according to Markus, will happen if (when) Donald Trump wins 2020 US Election.

As DOGE nears the $0.16460 resistance, breaching it could lead to further price gains.

The most popular meme cryptocurrency, Dogecoin (DOGE) may soon see exponential growth in its price. At least that is the conclusion drawn by former Goldman Sachs top manager and prominent crypto analyst Raoul Pal's latest outlook on the price of DOGE.

Meme coins are soaring as Elon Musk tours America for Donald Trump's election campaign, with Dogecoin leading the charge.

Dogecoin price is on an unstoppable run fueled by multiple factors from Elon Musk's Department of Government Efficiency (DOGE) proposal to a technical breakout in DOGE chart. As a result, crypto market participants' speculation on DOGE price to $1 has risen considerably as it skyrocketed by more than 35% this month.

With the current bullish trend, and the hype around meme coins, here are the top 5 meme coins to watch this week!

As the crypto market momentum strengthens, Dogecoin price has more than a market-wide sentiment to ride on.

Cat-themed coins like Mog Coin (CRYPTO: MOG) and Popcat (CRYPTO: POPCAT) are rallying as the broader altcoin market cheers Bitcoin's (CRYPTO: BTC) leap above $70,000. What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours.

Dogecoin's recent performance has injected optimism into the broader cryptocurrency market as the token approaches a pivotal resistance level. The digital asset, which had stagnated near $0.1, has surged with growing bullish sentiment and increasing volume. This upward trend hints at Dogecoin's potential to break out and reach a target price of $0.15.

The latest price moves in bitcoin (BTC) and crypto markets in context for MONTH XX, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

DOGE's recent price surge can once again be attributed to Tesla and SpaceX CEO Elon Musk.

Dogecoin capitalized on the market-wide bullish momentum as its price reached a five-month high of $0.1684 earlier today. Dogecoin (DOGE) is currently trading at $0.165 after gaining 15% over the past 24 hours.