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The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.

Dogecoin (CRYPTO: DOGE) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. In conjunction with President Trump's inauguration yesterday, the Department of Government Efficiency (DOGE) launched its website. While the government advisory commission isn't directly connected to the Dogecoin cryptocurrency, the new website features the Dogecoin logo.

Government restrictions trigger creative solutions when individuals discover cryptocurrency as protection from spiraling economic turmoil.

MicroStrategy added to its bitcoin stash for the 11th week in a row, as the company's investors get ready to vote on increasing its Class A and preferred stock and enhancing its ability to buy more bitcoin.

(Bloomberg) -- There’s Donald Trump the crypto champion, promising to unshackle an industry hit by a years-long regulatory crackdown. Then there’s Trump the memecoin, which created billions of dollars of instant paper wealth but earned sharp rebukes even from the industry that stands to gain perhaps the most from his presidency.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fir

Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than beef or apples. Other panellists welcomed Trump's presidency as promising big opportunities for the sector, with Coinbase CEO Brian Armstrong saying Trump's new term will draw a lot of investment into crypto. Bitcoin hit all-time highs above $100,000 following Trump's election, he said.

(Bloomberg) -- MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNY’s Hochul Calls for Law Banning Cell Phone Use in Sch