U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]
XRP (CRYPTO: XRP)the native token of the Ripple blockchain, has skyrocketed 480% during the past three months. That stunning rally boosted XRP’s market cap to roughly $180 billion, which made it the world’s third most valuable cryptocurrency, after Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). But Dom Kwok, a former Goldman Sachs analyst, recently said […]
Announcements by the Trump Administration in its first official week are creating new opportunities for the crypto industry. Following acting Securities and Exchange Commission Chair Mark Uyeda’s launch of a crypto task force on Tuesday, President Donald Trump signed an executive order promoting the advancement of cryptocurrencies in the U.S. Now, industry experts are considering […]
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital […]
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday […]
Melania Trump, pictured in July 2024, has launched her own meme coin. Leon Neal | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In a Sunday evening post on the X social media platform, she announced […]
President-elect Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, on July 27, 2024. Kevin Wurm | Reuters Solana’s SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network. The price of SOL rose more than 15% to $254.71 on Saturday, according to Coin Metrics. Earlier, […]
Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was […]
Barry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying […]
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 13% and 22%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained nearly 5%. Meanwhile, […]
