Elon Musk has stirred the crypto market after inviting Billy Markus, Dogecoin's founder, to join the Department of Government Efficiency (D.O.G.E).

Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.

Elon Musk's new government role could propel Dogecoin to new heights, with potential for official integration and X Money adoption.

Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.

Dogecoin ( DOGE -2.68%) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m. ET. Bitcoin 's price was down 0.9%, and the price of Ethereum was down 1.6%.

Elon Musk is the world's richest man with an estimated net worth of over $400 billion, according to Bloomberg. He's the co-founder of multiple highly lucrative companies, including SpaceX, valued

A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge

Among cryptocurrency's many proponents, none stand out more than Elon Musk. Musk's fascination with the crypto market and blockchain technology has been on full display in recent years, and he's

Bitwise Asset Management announced plans for a Dogecoin Exchange-Traded Fund (ETF), aiming to offer secure, regulated exposure to the popular meme cryptocurrency. The ETF would simplify Dogecoin investments by eliminating the need for wallets or exchanges.

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

Musk’s favored meme coin remains Dogecoin. While he has promoted other tokens in the past, this has led to short-term price increases – such as with Peanut the Squirrel (PNUT). However, these surges are often followed by subsequent price drops.