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news-imageFebruary 8, 2025

Elon Musk's DOGE to shut down CFPB after success with USAID termination

Elon Musk's Department of Government Efficiency, known as DOGE, has made the move on its next target: the Consumer Financial Protection Bureau (CFPB). On Friday, three DOGE operatives—Christopher Young, Nikhil Rajpal, and Gavin Kliger—arrived at the CFPB's Washington, D.C.
Publisher: Cryptopolitan
Sentiment: Negative
DOGE

More News Articles

Positive
cover-imageZycrypto
February 8, 2025

Pundit Envisions Dogecoin's Rapid Explosion To $440 Based On Historical Cycles Amid Aggressive Whale Accumulation

OG memecoin Dogecoin (DOGE) was one of the crypto assets that crashed hard during the recent market pullback, hitting a low of $0.22 on Feb. 3. However, it appears that Dogecoin whales — investors who hold large amounts of the cryptocurrency — were unfazed as they instead took advantage of the market crash to accumulate the asset in significant volumes.

Negative
cover-imageUToday
February 8, 2025

Dogecoin Whales Go Silent, What This Means for DOGE's Next Move

In a tweet, on-chain analytics platform Santiment noted that Dogecoin's whale impact has fallen off the cliff with its large holders (or whales) going silent in recent weeks. Dog-themed cryptocurrency Dogecoin (DOGE) has seen a slowdown in whale transactions, which coincides with its market cap shrinking by 49% since its Dec. 7 high.

Negative
cover-imageCoinPedia
February 8, 2025

Dogecoin & Shiba Inu Struggle! Are the Memecoin Glory Days Over?

The cryptocurrency market constantly fails to regain momentum with top tokens losing significant valuation in their respective portfolios. Notably, top tokens have failed to hold their value above their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching their portfolios with constant FOMO & FUD.

Positive
cover-imageNewsBTC
February 8, 2025

Is Dogecoin Massively Undervalued? Analyst Says ‘Now Is The Time'

A newly released video analysis by crypto commentator asif.eth (@asifeth) makes the case that Dogecoin is currently trading at what he calls a heavily undervalued level. He offered an explanation of why he believes the coin's ongoing correction may have just concluded—a process he interpreted through an Elliott Wave lens and, more specifically, an ABC corrective pattern.

Positive
cover-imageThe Currency Analytics
February 7, 2025

Whales Accumulate 750 Million Dogecoin Amid Dip, 300% Rally Ahead

Whales have been scooping up Dogecoin (DOGE) after the cryptocurrency's recent price slump, leading many to speculate whether a 300% surge is on the horizon. According to market analyst Ali Martinez, a significant number of whales took advantage of a dip, purchasing 750 million DOGE tokens as the price dropped below key psychological levels.

Negative
cover-imageBenzinga
February 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bleed Lower As Trump Tariff Threat Looms

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.

Positive
cover-imageBenzinga
February 7, 2025

Dogecoin Eyes $2 While Shiba Inu Burn Rate Surges 1,151%—Is a Rally Coming?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

Negative
cover-imageBenzinga
February 7, 2025

Has Fartcoin Run Out Of Steam? 50% Downturn Signals Dogecoin, Shiba Inu Have Little To Fear

Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.

Negative
cover-imageCrypto Daily
February 7, 2025

Crypto Price Analysis 2-7: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, JUPITER: JUP, STACKS: STX

Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.

Neutral
cover-imageBloomberg Markets and Finance
February 7, 2025

Elon Musk Is Being Very Transparent: Rep. Comer on DOGE

Rep. James Comer (R) Kentucky discusses the latest on what framework is needed to create the Reconciliation Bill and get it approved by Republican members in the House of Representatives. He also shares his thoughts on Elon Musk and DOGE, saying Musk is "being very transparent," and states that Musk has no authority to do anything and that the power lies with President Trump or Congress.

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