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Baby Doge Coin surges over 75% following Elon Musk’s cryptic tweet Baby Doge Coin surged over 75% after Elon Musk posted a black-and-white Godfather-inspired tweet. While Bitcoin (BTC) has shown volatility recently following its push to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE) has outpaced the market conditions. The price of BABYDOGE has pumped from a 24-hour low of $0.0000000002443 to as high as $0.0000000004448 following Musk’s tweet. Musk has shown his influence in the crypto market before. Recall how his previous tweets about Dogecoin (DOGE) triggered a price pump and, eventually, a lawsuit. The Tesla founder tweeted a photo of himself and his son along with the words “Dogefather” and “Dogeson” stylized like the logo of the 1972 film “The Godfather.” As a reply to the tweet, he mentioned “Doge & Minidoge”. Doge & Minidoge Following the tweet, the price of DOGE jumped over 4%, .

$DOGE ANALYSIS : DOGE rejected it previous market structure point from last year march 2024. Price likely to move up from here and DOGE always go bullish with the Elon's Tweet. Potential reversal can happen from here.

President Donald Trump plans to pick Brian Quintenz, the head of policy at Andreessen Horowitz’s (a16z) crypto division, to lead the Commodity Futures Trading Commission. There has been no official statement, but Bloomberg cited a document sent by the White House to Capitol Hill on Feb. 11. Acting CFTC Chair Caroline Pham congratulated Quintez on the selection, according to Fox Business reporter Eleanor Terrett. “I worked with Brian on important initiatives that he led to success when he was a CFTC Commissioner,” she said before adding: “He will do the same for crypto and innovation. I look forward to supporting Brian and his leadership at the CFTC.” SCOOP: Three sources with direct knowledge of the matter tell me that @realDonaldTrump has chosen @BrianQuintenz, current Head of Policy at @a16z crypto and a former commissioner, to be permanent chair of the @CFTC. No official statement from the @WhiteHouse yet, but officials… — Eleanor Terrett (@EleanorTerrett) February 12, 2025 A Pro-Crypto CFTC? Quintenz served as a Republican Commissioner at the CFTC during the first Trump administration before joining the crypto venture capital firm in December 2022 when he was named its global head of policy. He has been a vocal advocate for regulatory changes that would benefit crypto companies and other new technologies and fintech products and has been advising the Trump transition team on crypto policy. “If confirmed, he’s expected to push for changes that could help the CFTC rise in prominence as the preferred regulator for crypto,” reported Bloomberg. Other nominations revealed in the same document include Jonathan Gould as the Comptroller of the Currency, and Jonathan McKernan would be tapped as director of the Consumer Financial Protection Bureau. If confirmed, McKernan would take over an agency currently going through a major upheaval after Trump effectively neutralized the financial watchdog for a week under Elon Musk’s “Department of Government Efficiency.” Crypto Market Reaction Despite yet more bullish news from the US, crypto markets continue to retreat. Total market capitalization has slumped 3.6% over the past 24 hours, falling to $3.25 trillion at the time of writing. Bitcoin fell to $95,000 in an intraday low and has failed to recover much from that dip, currently trading at $95,700 and having lost more than 9%, or almost $10,000, since the beginning of the month. Ethereum is also crumbling, with a 4% slide on the day to fall below $2,600 again. ETH has lost a whopping 23.5% since the beginning of February, a month that has historically been bullish for the asset. The altcoins were a sea of red again, wiping out any minor gains they had earlier this week, as it seems no amount of positive news from the US can reverse the outgoing tide at the moment. The post Trump Plans to Pick a16z Crypto’s Quintenz to Head CFTC: Report appeared first on CryptoPotato.

Silicon Valley’s political clout has shifted from the Obama administration to the Trump era. In recent years, tech and crypto leaders have taken a stronger role in shaping U.S. policy, with a new alliance forming between Silicon Valley moguls and the Trump administration. According to a Bloomberg report , during Barack Obama’s presidency, Silicon Valley backed Democratic ideals with his tech-friendly policies. His administration championed innovation, with measures designed to boost tech startups and digital industries. Mark Zuckerberg, Jeff Bezos, Tim Cook, and Sundar Pichai, along with other top Silicon Valley figures, supported Obama by backing his campaign and pushing policies that fueled their growth. However, after the 2016 election, as tech companies grew in power, their ties with Washington began shifting. Related: Elon Musk DOGE Team Moves to End $8M Federal Politico Subscriptions Amid USAID Funding Controversy Elon Musk has emerged as a key figure in Trump’s inner circle. His voice helped reshape U.S. government policies on artificial intelligence, crypto, and immigration. Under Trump, Silicon Valley’s impact in Washington soared, with Musk driving policy changes. Musk now pushes for more high-skilled immigrants and advocates for a more crypto-friendly environment. Under Trump, the Securities and Exchange Commission (SEC) underwent leadership changes that aligned more with crypto interests. The former chair, Gary Gensler, known for his skeptical stance on digital assets, gave way to Paul Atkins, who leans more toward the crypto space. Several prominent figures in Silicon Valley, including venture capitalist Marc Andreessen and Castle Island Ventures’ Nic Carter, now back Trump, seeing his administration as more favorable to their business interests. Related: Founders Fund Buys $200M Worth of BTC and ETH Ahead of the Bull Run Silicon Valley’s power players have entrenched themselves in U.S. governance, from reshaping government agencies to championing reforms. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Silicon Valley’s political clout has shifted from the Obama administration to the Trump era. In recent years, tech and crypto leaders have taken a stronger role in shaping U.S. policy, with a new alliance forming between Silicon Valley moguls and the Trump administration. According to a Bloomberg report , during Barack Obama’s presidency, Silicon Valley backed Democratic ideals with his tech-friendly policies. His administration championed innovation, with measures designed to boost tech startups and digital industries. Mark Zuckerberg, Jeff Bezos, Tim Cook, and Sundar Pichai, along with other top Silicon Valley figures, supported Obama by backing his campaign and pushing policies that fueled their growth. However, after the 2016 election, as tech companies grew in power, their ties with Washington began shifting. Related: Elon Musk DOGE Team Moves to End $8M Federal Politico Subscriptions Amid USAID Funding Controversy Elon Musk has emerged as a key figure in Trump’s inner circle. His voice helped reshape U.S. government policies on artificial intelligence, crypto, and immigration. Under Trump, Silicon Valley’s impact in Washington soared, with Musk driving policy changes. Musk now pushes for more high-skilled immigrants and advocates for a more crypto-friendly environment. Under Trump, the Securities and Exchange Commission (SEC) underwent leadership changes that aligned more with crypto interests. The former chair, Gary Gensler, known for his skeptical stance on digital assets, gave way to Paul Atkins, who leans more toward the crypto space. Several prominent figures in Silicon Valley, including venture capitalist Marc Andreessen and Castle Island Ventures’ Nic Carter, now back Trump, seeing his administration as more favorable to their business interests. Related: Founders Fund Buys $200M Worth of BTC and ETH Ahead of the Bull Run Silicon Valley’s power players have entrenched themselves in U.S. governance, from reshaping government agencies to championing reforms. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.