Avishek Das | Lightrocket | Getty Images Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve’s rate cutting plans. The price of the flagship cryptocurrency was last higher by 4.3% at $60,394.41, according to Coin Metrics. At one point, it rose as high as $61,335.83. It got an initial lift on … Read more
As it turned out, Trump was readily convinced: Despite having previously dismissed bitcoin as a “scam,” Trump has recently taken to pitching himself as the crypto president. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump promised to turn the US into the “crypto capital of the planet” and establish … Read more
Around sixteen minutes into Republican former President Donald Trump’s “state of crypto” address on X, cryptocurrencies got their first mention. For over a month, the former president and his family have been pumping up a secretive family crypto project, promising that it will do many things at once. Early descriptions suggest that “World Liberty Financial” … Read more
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021. Joe Raedle | Getty Images Cameron and Tyler Winklevoss are the biggest individual crypto donors this election … Read more
A bitcoin sign is seen in the main hall during the Bitcoin 2024 conference at Music City Center July 26, 2024 in Nashville, Tennessee. Jon Cherry | Getty Images It was a week of extremes for bitcoin enthusiasts. On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash … Read more
Bitcoin is rising above $64,000, and MicroStrategy shares are soaring by 40% in three days in Suqian, Jiangsu Province, China, on February 29, 2024. CFOTO | Nurphoto | Getty Images MicroStrategy shares jumped more than 8% on Friday after founder Michael Saylor said the company purchased another $1.1 billion worth of bitcoin. The stock jumped … Read more
Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024. Brendan Mcdermid | Reuters Former FTX executive Ryan Salame is back in court on Thursday, as Judge Lewis Kaplan looks for answers about the back-room dealings that led to Salame’s criminal … Read more
Despite the increasingly partisan sentiment in the cryptocurrency industry, bitcoin will thrive over the long term regardless of who wins the U.S. presidential election in November. That’s a view many crypto investors are coming to accept, as the wave of optimism spurred by former President Donald Trump’s pro-crypto overtures this summer starts to recede. “Do … Read more
Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives to court in New York, US, on Thursday, Oct. 12, 2023. Bloomberg | Bloomberg | Getty Images Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion … Read more
The previous October, Sawicky organized a weeklong protest alongside environmental activist group Greenpeace and brandished various anti-bitcoin signs at anyone who entered the Riot facility. Only a few other people turned out in support, leaving Sawicky dejected: “I could not have been more disappointed and disgusted by my fellow humans,” she said, when we first … Read more
