Month: December 2024

On Thursday, newly elected president Donald Trump appointed former PayPal Chief Operating Officer(COO) David Sacks as the new White House A.I. & Crypto Czar. Making the announcement on his own social media platform Truth Social, Trump praised Sacks and said that he could make his dream, which is to...

Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the $2.3 trillion technology conglomerate to consider adding Bitcoin to its balance sheet. The measure, submitted by the National Center for Public Policy Research and slated for discussion at Amazon’s 2025 annual shareholder meeting in April, calls on...

Renowned stock picker and founder of asset management giant Ark Invest, Cathie Wood, deemed Bitcoin’s (CRYPTO: BTC) breach of the $100,000 mark a “big deal” on Sunday, hailing the leading cryptocurrency’s rising prominence in the world of finance and investing. What happened: In a video shared on X,  Wood...

Frog-themed cryptocurrency Pepe (CRYPTO: PEPE) was one of the most successful meme coins over the last week, outperforming the more names in the field.  What happened: The Ethereum (CRYPTO: ETH)–based coin climbed over 27% this week, becoming the best-performing meme coin with a market valuation of more than $2...

Ripple CEO Brad Garlinghouse said on Sunday that the establishment of Fairshake, a cryptocurrency-focused super political action committee, was a direct response to the SEC’s approach toward the industry under Gary Gensler. What Happened: During an interview with CBS News that aired on Dec. 8, the head of the blockchain-based...

Following in the footsteps of other Wall Street giants, shareholders of online retail giant Amazon.com Inc. (NASDAQ:AMZN) urged the firm Sunday to consider a Bitcoin (CRYPTO: BTC) treasury strategy to enhance shareholder value in the long run. What happened: The National Center for Public Policy Research, a U.S.-based think...

Leading cryptocurrencies slipped in overnight trading on Sunday after Bitcoin recorded its first-ever weekly close above $100,000. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.49% $99,600.82 Ethereum (CRYPTO: ETH)                -1.15% $3,959.94 Dogecoin (CRYPTO: DOGE)           -1.21% $0.4582 What Happened: The world’s largest cryptocurrency rallied sharply...

The state pension fund in Florida made a bold move to align itself with the vision of US President-elect Donald Trump for a strategic Bitcoin reserve. Florida’s state officials announced that the pension fund will invest $1.85 billion worth of members’ contributions into Bitcoin to diversify its investment portfolio....

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Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick says that Bitcoin‘s (CRYPTO: BTC) value could surge to $200,000 by the end of 2025. What Happened: A research note by Kendrick released on Thursday indicates that Bitcoin’s recent rally, surpassing the $100,000 mark, is primarily driven by institutional investors. These...