Cash News US President-elect Donald Trump’s pledge to support the cryptocurrency sector could provide a fresh impetus for mainland China to revitalise its digital-asset market, according to an industry veteran, as tech competition between the two countries continue to escalate. “If the US Congress and the [incoming] president make crypto policies clear, constantly legislate and […]
Cash News The world’s most popular cryptocurrency has gained more than 30 percent since the US presidential election. Bitcoin is closing in on $90,000 as crypto enthusiasts bet on United States President-elect Donald Trump taking a hands-off approach to digital currencies. The world’s most popular cryptocurrency hit a record high of $89,637 on Tuesday, continuing […]
Cash News NEW YORK (AP) — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high. The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% […]
Cash News Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under US President-elect Donald Trump.The largest token has jumped about 32% since the US election on November 5 and hit an all-time high of $89,599 […]
Cash News A Republican sweep would allow the new government to push through positive policies for the digital assets sector, which could lead to total crypto market cap swelling to $10 trillion by the end of 2026, investment bank Standard Chartered (STAN) said in a research report on Friday. Read More #cashnews #cripto #finance
Cash News MicroStrategy Inc. bought about 27,200 Bitcoin for around $2.03 billion, the largest purchase by the crypto hedge-fund proxy since just after it began acquiring the digital-asset more than four years ago. The enterprise software maker, whose corporate strategy now includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according […]
Cash News Blackrock iShares Bitcoin Trust ETF (IBIT) signage at the Nasdaq MarketSite in New York on Jan. 11, 2024. Michael Nagle | Bloomberg | Getty Images The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin […]
Cash News A new report highlights that while President-elect Donald Trump‘s return to the White House signals potentially favorable shifts for the cryptocurrency sector, he cannot directly fire SEC Chair Gary Gensler. What Happened: Constitutional scholars assert that although Trump has pledged to create a more crypto-friendly regulatory environment, he is limited to appointing a […]
Cash News As more businesses turn to digital assets for payments, banks should pay careful attention. “I can’t stress enough how much of a threat [that] crypto within B2B poses to banks’ payments revenues,” Joel Hugentobler, an analyst who focuses on digital assets and cryptocurrency for Javelin Strategy & Research, wrote in an email. “It’s […]
Cash News Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Ex-Wall Streeter Vivian Tu says crypto is […]