Crypto prices dipped Monday following a so-called flash crash of Bitcoin on Sunday. And while Ethereum dipped as well, the second most popular cryptocurrency is still up significantly on the month. Bitcoin’s weekend crash is being blamed on a single whale who sold 24,000 Bitcoin, according to crypto watchers on X. Bitcoin’s most recent peak […]
New Bitcoin Purchases by the U.S. Government Still on the Table, Bessent Says
Bitcoin recently hit an all-time high of $124,400 and is up 93% from over a year ago. But fans of the cryptocurrency think it can go even higher, and those folks experienced a rollercoaster of emotions on Thursday after Scott Bessent gave conflicting signals about what the U.S. government had planned for the world’s most […]
Crypto Prices Plunge After Shock Inflation Report
The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the day ($117,900), Ethereum is down 4% ($4,535), and Ripple is down 6.1% ($3.07) according to CoinMarketCap. Crypto prices are responding to the Producer […]
The Big Winners of the Trump-Era Crypto Boom
The crypto world is in a state of euphoria, and it has one person to thank: President Donald Trump. Since his victory last November, the man who promised to be the “crypto president” has rolled out the red carpet for the decentralized finance industry, igniting a full-blown gold rush. In just over seven months, his […]
The SEC Just Quietly Surrendered in Its Biggest Crypto Battle
The crypto world’s biggest and most consequential legal war is finally over. Ripple Labs, a fintech giant, has just closed the book on its nearly five-year battle with the U.S. Securities and Exchange Commission, ending a fight that had become a proxy for the future of cryptocurrency regulation in America. The surprise settlement is being […]
Ethereum Is Quietly Soaring. What Comes Next?
Ethereum is experiencing a seismic rally. The price of Ether, the native token of the Ethereum network, surged by nearly $1,000 in a single week to hit a five-month high, climbing 25.3% to reach $3,745.72, according to data firm CoinGecko. For the first time in recent memory, there’s a palpable sense that this rally is grounded […]
No More Waiting: New Crypto Law Unlocks Cheaper, Faster Money for Everyone
For more than a decade, cryptocurrency lived in legal limbo. It was too weird to regulate, too volatile to trust, and too new for Washington to take seriously. That just changed. The U.S. House of Representatives has passed the GENIUS Act, the first major federal law regulating stablecoins, digital currencies backed by the U.S. dollar. […]
Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge
Bitcoin is surging once again. And this time, the climb feels different. The world’s largest cryptocurrency continued its dizzying ascent on Friday, smashing through multiple symbolic price thresholds in a matter of hours and setting a new all-time high for the second consecutive day. After crossing $112,000 on Wednesday, Bitcoin has barely paused. On Thursday […]
Trump Claims He Built Crypto—Just as His Family Cashes In
In a series of bombastic new comments on June 27, President Donald Trump didn’t just embrace the world of cryptocurrency; he claimed to be its founding father. Painting a picture of a failing industry that he single-handedly rescued, Trump cast himself as the visionary who transformed crypto into a “very powerful industry” essential for American […]