Trump Plans To Strengthen Crypto Policy With Dedicated Advisor And Presidential Council
President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the world,” Trump’s transition team is...
Read More
Cathie Wood-Led Ark Sees Boost For Bitcoin, Crypto Under Trump Administration, Says IPO Window For Circle, Kraken Could Reopen
Asset management giant Ark Invest was optimistic about the positive impact of the incoming Donald Trump administration on the cryptocurrency industry in the U.S. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest stated that Trump’s policies could provide “significant tailwinds” for the digital asset...
Read More
No! Judge Rejects Former Celsius CEO’s Attempt To Dismiss Fraud Charges
A former executive of a now-defunct cryptocurrency firm, Celsius Network, will have to continue to face his legal battle as a US federal court denied his motion to dismiss the charges against him. It might seem only like a legal battle of a former crypto CEO but in the...
Read More
Bitcoin, Ethereum Consolidate, Dogecoin Surges As Election Rally Takes A Breather: Analyst Says Pullback ‘Typical’ For Healthy Market
Leading cryptocurrencies cooled down from their blistering election run Tuesday, although Bitcoin briefly hit the $90,000 milestone. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.28% $88,460.30 Ethereum (CRYPTO: ETH) -1.43% $3,267.67 Dogecoin (CRYPTO: DOGE) +9.79% $0.3761 What Happened: The world’s largest cryptocurrency temporarily touched...
Read More
Crypto Miners Arrested For Stealing Millions in Electricity: Thai Police Crack Down
Police and electricity authorities in Thailand have launched a series of crackdowns targeting illegal cryptocurrency mining operations accused of stealing massive amounts of electricity. Raids conducted in Chachoengsao and Surat Thani provinces led to multiple arrests and the seizure of mining hardware worth millions of baht. How It Went...
Read More
Elon Musk Says The ‘Prophecy Has Been Fulfilled’ — Peanut The Squirrel-Themed Meme Coin Spikes 11%
Tech mogul Elon Musk invoked a six-year-old meme to highlight how pet squirrel ‘Peanut’s’ death changed the course of the 2024 U.S. elections, causing the price of the associated meme coin to jump 11%. What happened: In an X post on Tuesday night, Musk wrote, “The prophecy has been...
Read More
Trump Appoints Elon Musk And Vivek Ramaswamy To Lead ‘DOGE,’ Aiming to Slash Bureaucracy And $6.5 Trillion Federal Spending: ‘We Will Not Go Gently’
President-elect Donald Trump announced Tuesday his plan to appoint Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and former presidential candidate Vivek Ramaswamy to lead a new Department of Government Efficiency (DOGE), aimed at restructuring federal agencies and reducing government spending. What Happened: The initiative, which Trump compared to “The Manhattan...
Read More
Tourist’s Nightmare In Thailand: $250K In USDT Taken In Hotel Armed Robbery
Crypto is a popular target for cybercriminals, who rely on its anonymity and lack of regulation. These crimes often target individuals online through hacking and ransomware. However, there have been a few aggressive crimes in the past that target unsuspecting individuals in person and broad daylight. Thailand news agencies report...
Read More
If You Invested $1,000 In Bitcoin When All-In Podcast’s Jason Calacanis Said BTC Was Going To Zero, Here’s How Much You’d Have Today
The soaring price of Bitcoin (CRYPTO: BTC) to all-time highs led to many long-time believers celebrating and sometimes dunking on the many skeptics who predicted the death of the leading cryptocurrency. In 2018, entrepreneur and startup investor Jason Calacanis was among the people who said there was a high...
Read More
TeraWulf Stock Tumbles After Worse-Than-Expected Q3 Results
TeraWulf Inc. (NASDAQ:WULF) reported its third-quarter results after Tuesday’s closing bell. Here’s a look at the details from the report. The Details: TeraWulf reported quarterly GAAP losses of six cents per share, which missed the analyst consensus estimate for losses of three cents. Quarterly revenue came in at $27.05 million,...
Read More