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When President-elect Donald Trump posted about the launch of a memecoin on the final business day before his inauguration, many feared that he had been hacked and it was fake. But one trader aped in regardless.Within two minutes of the post going out on Truth Social, this trader swapped 1.09 million…
Wyoming, in the United States, has introduced a bill to create a Strategic Bitcoin Reserve, joining several other states nationwide ahead of Donald Trump’s presidential inauguration on Jan. 20.“Wyoming took its first bold step toward a strategic Bitcoin reserve,” Wyoming Senator Cynthia Lummis wrote…
Bitcoin extends gains, rising to a one-month high of $102,909, according to LSEG data, as investors keenly anticipate Donald Trump's inauguration on Monday. Trump is expected to announce crypto-friendly policies, including a plan to create a strategic bitcoin reserve. He is expected to sign a string…
By Caitlin McCabeU.S. stocks may be headed for their best week since the November "Trump bump."Both the Dow industrials and S&P 500 look set for their largest weekly gain since the presidential election, when Donald Trump's victory sent stocks soaring. Through Thursday, the Dow was up 2.9% for the w…
President-elect Donald Trump's pick for Treasury Secretary Scott Bessent says he sees "no reason" for the U.S. to have a central bank digital currency.During his nomination hearing on Thursday before the Senate Finance Committee, the hedge fund manager was asked how he would approach discussions sur…
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency issues in his nomination hearing on Thursday. But he had a chance to register strong opposition to a U.S. central bank digital currency (CBDC) and to note …
Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a hearing to explain his positions on financial issues.In a Jan. 16 hearing of the US Senate Committee on Finance, Bessent responded to questions from Republican Senator Marsha B…
Bitcoin is shaping up for a price breakout by the end of January ahead of the United States Federal Open Market Committee meeting on Jan. 29, says 10x Research head of research Markus Thielen.But that breakout may see Bitcoin’s price go up or down from its current level of $96,794, he said.Bitcoin’…
In a recent social media post, market expert VirtualBacon shared seven key predictions that could shape the cryptocurrency landscape in 2025. Central to these predictions is the assertion that Ethereum (ETH) may outshine Bitcoin (BTC) in terms of performance, even as Bitcoin continues to hold a domi…
The US Commodity Futures Trading Commission is reportedly deliberating whether it should look into the legality of Crypto.com’s futures contracts allowing bets on football matches, including the upcoming Super Bowl.The five CFTC Commissioners are voting on whether to pull the contracts into a 90-day…
US Senator Elizabeth Warren has penned an open letter to US President-elect Donald Trump’s pick to lead the US Treasury, urging him to evaluate stricter regulations and enforcement measures for digital assets if he takes office. In the Jan. 12 open letter, Warren asked Treasury Secretary-designate S…
Dopo aver toccato il suo massimo storico sopra la soglia dei 100.000 dollari, Bitcoin (BTC) continua a far parlare di sé, con tanti che si chiedono se ci siano ancora guadagni in arrivo. Alcuni trader, però, prevedono che prima di un nuovo picco ci possa essere un crollo.Tra questi c’è Peter Brandt,…