Dogecoin was skyrocketing Wednesday after the news that the cryptocurrency’sbiggest cheerleader, Elon Musk, will head up a “Department of Government Efficiency” — effectively a non-government group that will consult on spending.
Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump's administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday. "I think we will see crypto legislation," Clayton told a gathering of securities lawyers in New York. "I think it becomes much easier to have crypto legislation if you're tackling some of these problems that can be tackled at the executive and the administrative level."
Renowned economist and Bitcoin (CRYPTO: BTC) critic Peter Schiff said he would have bought the leading cryptocurrency far earlier had he anticipated the “bubble” to grow as big as it is currently. Don't Miss: Dogecoin millionaires are increasing – investors with $1M+ in DOGE revealed! 1 in 4 Americans own a share of Bitcoin according to NASDAQ — this platform touts returns as high as 12.5% APY and is giving $100 in welcome rewards if you sign up today. What Happened: On Monday, Schiff, in his ch
