Why Dogecoin Is Rocketing Higher to Start 2025
Dogecoin (CRYPTO: DOGE) gained 8% on Jan. 13, taking it to almost $0.15. You might be surprised to learn the uptick wasn't driven by a celebrity posting a picture of a cute dog on social media. Instead, the surge seems to be connected to a provision in the latest draft of the Senate's crypto bill, released on Monday night.
Image source: Getty Images.
The 278-page document builds on the Clarity Act passed by the House last year. It aims to divide digital assets into clear categories and set out which entities regulate each one. The main division is between "ancillary assets" and "digital commodities."
Source Fool.com
