DOGE Surges to $0.145 as D.O.G.E Calls It Quits | CoinDesk Daily

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4.8 • 689 Ratings

🗓️ 24 November 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Elon Musk's DOGE department comes to an end. Dogecoin is on the rise despite the demise of Elon Musk's D.O.G.E. department. The optimism is driven by Grayscale’s forthcoming introduction of a DOGE coin ETF. Can DOGE maintain its momentum amid an overall market downturn? CoinDesk's Sam Ewen hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠midnight.network/break-free⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Need liquidity without selling your crypto? Take out a ⁠⁠⁠⁠Figure Crypto-Backed Loan⁠⁠⁠⁠, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event. Unlock your crypto’s potential today at Figure! ⁠⁠⁠⁠https://figuremarkets.co/coindesk⁠⁠⁠⁠ - Genius Group has partnered with CoinDesk for Bitcoin Treasury Month, launching the Genius x CoinDesk Quest. Participants can join the Bitcoin Academy, complete free microcourses from experts like Natalie Brunell and Saifedean Ammous, and enter to win 1,000,000 GEMs (worth 1 BTC) promoting bitcoin education and adoption.Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠geniusgroup.ai/coindesk-bitcoin-treasury-month/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Transcript

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0:00.0	You are watching CoinDest Daily. I'm your host, Sam Ewan.
0:09.0	Dogecoin shrugged off the demise of Elon Musk's Doge department on Monday,
0:14.0	climbing to 14.5 cents in Asian markets. The rally is fueled by renewed optimism surrounding
0:19.6	Grayscale's upcoming spot ETF, G-Dog, which is set to begin trading soon.
0:24.4	This creates a rare bullish catalyst for the token, even as Bitcoin and Ether remains sharply lower for the week.
0:29.6	The price surge also comes just as the White House confirmed the Department of Governmental Efficiency, Doge, has effectively dissolved after a split between Musk and President Trump
0:38.4	eight months ahead of schedule. Utility or privacy, the transparency of traditional blockchains
0:43.8	forces a difficult choice. Break free from this limitation with midnight. CoinDest Bitcoin
0:48.8	Treasury Month is brought to you by Genius Group, a Bitcoin Treasury company listed on the
0:53.6	NYSE under the ticker, GNS.
0:56.5	Looking for the best way to unlock your crypto's liquidity? Take out a crypto-back loan with figure today.
1:02.4	Despite a formal ban in 2021, Bitcoin mining is staging a major comeback in China. New data suggests
1:08.8	that China has quietly climbed back to become the
1:11.3	world's third largest mining hub, controlling an estimated 14% to 20% of the global hash rate.
1:17.0	Miners are reportedly leveraging surplus, cheap electricity in regions like Xinjiang to power
1:22.7	underground operations. While activity ramps up, profitability has hit rock bottom, with Bitcoin hash price
1:29.1	falling to a new all-time low of 3420 per petahash on Friday. U.S. spot Bitcoin
1:34.9	ETFs shattered trading records last week, generating over $40 billion in cumulative volume,
1:40.4	a sign that institutions may be rushing for the exit. BlackRock's iBit dominated the action, accounting for nearly 70% of the volume.
1:48.3	However, this activity coincides with massive redemptions totaling just over 3.5 billion this month,
1:54.2	suggesting institutional capitulation rather than buying pressure.
1:57.7	With Bitcoin plummeting 23% this month to trade around 86,000, most
	...

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