The trading surge in BTCE this year — a sharp pick-up on the €15.5m daily average in December, the previous record — comes following a tenfold rise in the price of bitcoin since March to a peak of $42,000 earlier this month, before it gave back some gains. The price increases comes as Twitter is reportedly getting ready to accept Musk’s proposal to buy the social media company for $43 billion, according to Reuters. A deal could be finalized and announced as soon as Monday, according to Reuters, although negotiations could still fall through. As with other cryptocurrencies, once you’ve purchased Dogecoin it’s best to move your coins to a crypto wallet. Wallets take many forms, from online services offered by exchanges like Coinbase, to apps on your mobile device or even a physical hard drive. You secure the wallet with a private password. Since your coins are held outside of an exchange, there’s an look at this site extra layer of protection against hacks.