Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Why Bitcoin could crash below $80K today after another failed rebound

10/11/2026

Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

10/11/2026

Why Does Quant Have Few Tokens Compared To Most Cryptocurrencies?

10/11/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Why Bitcoin could crash below $80K today after another failed rebound

    10/11/2026

    Bitcoin Drops 7%, U.S. Holdings Fall by 17,468 BTC, Short-Term Holders Send 45.6K BTC to Exchanges

    10/11/2026

    Are Bears Returning to Bitcoin? Bulls Face a Critical Test at This Level! Fidelity and its Chinese Founder Assess the Current Situation!

    10/11/2026

    This Data Could Influence BTC More Than the Fed!

    10/11/2026

    Ethereum — Can whales’ latest buying spree offset bearish market trend?

    09/11/2026

    Vitalik Buterin Estimates Ethereum (ETH) Needs 700,000 ETH in Annual Subsidies

    09/11/2026

    Vitalik Buterin Declares Ethereum (ETH) a Store of Value, Not Fee-Burning Token

    09/11/2026

    Ethereum price prediction as spot ETH ETF outflows surge after US midterms

    09/11/2026

    Why Does Quant Have Few Tokens Compared To Most Cryptocurrencies?

    10/11/2026

    Avalanche’s tokenized US Treasuries reach about $545M after 4x growth in a year

    10/11/2026

    Cardano Foundation spins out Veridian, tokenizes its shares on new standard

    10/11/2026

    PayPal stablecoin transfers move over $1B between subsidiaries in hours

    10/11/2026

    FairClub partners with Metaplex to bring compliant governance tokens to Solana

    10/11/2026

    Machi Liquidated Again, Losing $223K from NFT Sale

    07/11/2026

    PixieChess Confirms New Weekly Packs for Collectors on Base

    29/10/2026

    Fuzzy Launches Dynamic NFT Collection With Four Phases

    29/10/2026

    Why Bitcoin could crash below $80K today after another failed rebound

    10/11/2026

    Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

    10/11/2026

    Why Does Quant Have Few Tokens Compared To Most Cryptocurrencies?

    10/11/2026

    A Long-Awaited Cryptocurrency Regulation in the U.S. Reaches the White House

    10/11/2026
  • Blockchain

    Supanova Launches Token Creation Platform on Canton Network, Home of Canton Coin (CC)

    10/11/2026

    BNB Chain ships v0.1.4 hotfix for BSC-Reth node operators

    10/11/2026

    NEAR Co-Founder Illia Polosukhin Launches Delta League, a Public Contest to Improve Open AI Models

    09/11/2026

    CoinGecko cuts x402 crypto data costs by 50% to $0.005 per call

    09/11/2026

    Broadridge’s Distributed Ledger Repo Platform Hits Processing Record

    09/11/2026
  • DeFi

    XRP could double while this yield strategy leaves you far behind

    10/11/2026

    AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether

    10/11/2026

    Threshold Says tBTC Bridge Has Resumed Onchain, but App Remains Paused

    10/11/2026

    Galaxy’s Max Bareiss says DeFi is built for agentic trading

    10/11/2026

    Zest Protocol loans jump 132% to $14.75M in Q3

    10/11/2026
  • Metaverse

    Exploring the Future of the Metaverse

    19/10/2026

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026
  • Regulation

    Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

    10/11/2026

    WisdomTree Launches WTGXX Fund

    10/11/2026

    Treasury’s Bessent sees crypto as America’s next tool for keeping the U.S. dollar on top

    10/11/2026

    Bitcoin Price up 26% Since SpaceX Debut as Anthropic IPO Looms

    10/11/2026

    Galaxy Digital Swings to $323M Q3 Profit as Data Centers and Treasury Gains Mask Soft Crypto Trading

    10/11/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Raycash Launches on Ethereum Mainnet with Confidential Payments and Private Yield for Everyday Users

    10/11/2026

    Mercado Bitcoin Begins View-Only Reopening After Hack

    10/11/2026

    XXYY shuts down, latest memecoin terminal to close as traders move on

    10/11/2026

    Upbit, Bithumb freeze INJ as Injective stops producing blocks

    10/11/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    FLOKI Ships Valhalla 1.13.2 ‘Special Delivery’ to Players on Mainnet

    27/10/2026

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    HIVE, MARA mine more Bitcoin but earn less as crypto prices fall

    10/11/2026

    CoinShares says data center bans could make Bitcoin miners’ power assets more valuable

    10/11/2026

    Core Scientific projects $1.8 billion annual run-rate as it exits Bitcoin mining for AI colocation

    09/11/2026

    SpaceX proposes a $24 billion Texas supercomputer worth 17 times its bitcoin pile

    09/11/2026

    A Long-Awaited Cryptocurrency Regulation in the U.S. Reaches the White House

    10/11/2026

    What the election results mean for crypto: State of Crypto

    10/11/2026

    Who gets to block your Kalshi bets? Washington just escalated the fight

    10/11/2026

    What Token Projects Should Negotiate Before Signing

    10/11/2026

    Why Bitcoin could crash below $80K today after another failed rebound

    10/11/2026

    Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

    10/11/2026

    Why Does Quant Have Few Tokens Compared To Most Cryptocurrencies?

    10/11/2026

    A Long-Awaited Cryptocurrency Regulation in the U.S. Reaches the White House

    10/11/2026
  • MarketCap
NBTC News
Home»Regulation»D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves
Regulation

D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves

NBTCBy NBTC15/02/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the first few weeks of President Donald Trump’s administration, the new Department of Government Efficiency (D.O.G.E.) has reportedly saved U.S. taxpayers an estimated $84 billion. That breaks down to about $4 billion each day, a number some media outlets have minimized. Yet, D.O.G.E. has drawn scrutiny over its spending practices and internal operations.

.@DOGE has saved U.S. taxpayers $84 BILLION and counting in just the first few weeks of Trump’s Presidency

That’s $4 BILLION per day, yet the media will tell you it’s insignificant pic.twitter.com/8DsnqE0p9t

— Chief Nerd (@TheChiefNerd) February 12, 2025

Elon Musk’s task force aimed at cutting federal spending has seen its budget grow since its inception. Financial filings reveal that the department’s allocation jumped from $6.75 million on January 30 to $14.4 million by February 8, indicating a boost in operational funding.

Related: FEMA Misused $59 Million—Elon Musk’s D.O.G.E. Demands Clawback

Although the aggressive cost-cutting measures aimed at reducing waste, D.O.G.E. has attracted criticism for its approach. Task force statements claim the savings resulted from halting unnecessary hiring, scaling back diversity, equity, and inclusion (DEI) programs, and ending improper payments to foreign organizations.

Critics Demand Spending Transparency

While D.O.G.E. has outlined several successful initiatives, it has also faced pushback from individuals such as entrepreneur Mark Cuban. Cuban first lauded the efforts, claiming that the task force exposed wasteful government spending.

However, his opinion shifted when reports surfaced that D.O.G.E. had spent nearly $7 million in taxpayer funds in one week. Cuban went public, urging the task force to “hide nothing” if its actions were proper.

Additionally, reports indicate that some of Musk’s team members, including unpaid engineers, collaborate with Trump allies within the task force. This mix of political ties raises further questions about the task force’s neutrality and effectiveness.

Claims of Misuse and Inefficiency

Musk has often lashed out at federal agencies for inefficiency, arguing that talented employees face obstacles from administrative management. He noted that many workers in agencies such as the Treasury Department find themselves blocked from implementing cost-saving reforms by bureaucratic resistance.

Related: Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over $1 Billion

In addition, D.O.G.E. has questioned the use of taxpayer funds in certain cases, including a report that FEMA allocated $59 million to luxury hotels in New York City to house migrants. Musk denounced this expense as “gross insubordination,” although FEMA has not responded.

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.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

10/11/2026

WisdomTree Launches WTGXX Fund

10/11/2026

Treasury’s Bessent sees crypto as America’s next tool for keeping the U.S. dollar on top

10/11/2026

Bitcoin Price up 26% Since SpaceX Debut as Anthropic IPO Looms

10/11/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Why Bitcoin could crash below $80K today after another failed rebound

10/11/2026

Japan’s services inflation split complicates the BOJ outlook before Friday’s decision

10/11/2026

Why Does Quant Have Few Tokens Compared To Most Cryptocurrencies?

10/11/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.