DOGE Ends, Bitcoin Begins? Musk and Saylor’s July 4 Posts Fuel Speculation

BeInCrypto2026/07/04 19:45

By:BeInCrypto

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The Department of Government Efficiency (DOGE) officially ended on July 4, the sunset date written into President Donald Trumps January 2025 executive order. Posts from Elon Musk and Michael Saylor quickly fueled speculation that Bitcoin (BTC) inherits the reform story. Musk, DOGEs former co-leader, marked Independence Day with a patriotic video montage instead of a farewell to the program. Meanwhile, MicroStrategys executive chairman answered him with one loaded line. DOGE Ends With No Report and No Farewell Trumps January 2025 executive order created DOGE as a temporary organization. It set termination for July 4, 2026, Americas 250th birthday. The program barely made it that far. DOGE had already collapsed as a centralized body last November, months ahead of schedule. Its public savings tracker went silent after January 1. The commission claimed $215 billion in savings, about $1,335 per taxpayer by its own math. That equals roughly 3% of one years $7 trillion federal budget, and a fraction of the $2 trillion Musk pitched in October 2024. Office of Management and Budget Director Russ Vought told lawmakers this week that no closing report is planned, Politico reported. Musk, who left Washington in May 2025 after 130 days as a special government employee, always framed the ending as intentional. The final step of @DOGE is to delete itself Elon Musk (@elonmusk) December 2, 2024 Follow us on Xto get the latest news as it happens The efficiency concept has meanwhile traveled beyond Washington. New York City Mayor Zohran Mamdani recently launched a municipal efficiency version of the playbook. Michael Saylor Answers Musk With a Bitcoin Pitch Marc Andreessen opened July 4 with a five-minute montage of American history and the caption God bless America. Musk shared the same video hours later. Saylor then replied to Musk directly, swapping a letter for the Bitcoin symbol. We can still make something ₿etter. Michael Saylor (@saylor) July 4, 2026 Saylor has run this play before. In December 2020, he publicly urged Musk to shift Teslas balance sheet into Bitcoin. Tesla bought $1.5 billion worth two months later, then suspended BTC payments in May 2021 over energy concerns. That history shaped the reaction. Traders read the exchange as a handoff from government reform to sound money, and some replies urged Tesla to resume Bitcoin payments. BTC trades near $62,584, up about 1% in 24 hours. Bitcoin Price Performance. The timing carries irony for Saylor. Strategy faces questions over a reported 491 BTC sale and a dividend policy JPMorgan called risky. Meanwhile, Saylor pits MSTR against the Magnificent 7. Neither Musk nor Saylor mentioned DOGE by name. The debate now turns on whether innovation and Bitcoin truly replace the reform push, or whether the ₿etter reply stays a holiday flourish.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18