Biden admin in early stages of developing a regulatory approach to crypto markets: Gasparino
Sources tell FOX Business’ Charlie Gasparino that SEC chair Gary Gensler is waiting for direction from the Treasury over cryptocurrency regulations.
Dogecoin and Bitcoin are cryptocurrencies that have made headlines in recent weeks because of their respective surging values.
Bitcoin is the more traditional of the two and the world's most popular cryptocurrency; the digital currency soared to a new record-high value of $63,200 last week before falling about 14% on Sunday.
Dogecoin started as a joke in 2013 and is based on a popular meme, but last week, investors saw its value skyrocket 500%, according to Friday data from CoinMarketCap.com.
Bitcoin's value sat at $55,855 as of Tuesday morning while Dogecoin's was listed at about $0.38 — compared to about $0.009 in January.
DOGECOIN: WHAT'S BEHIND THE SURGE?
Dogeoin's value was still up about 390% over the past week as of Tuesday morning.