Dogecoin spikes after Trump announces a Department of Government Efficiency — DOGE

Dogecoin spikes after Trump announces a Department of Government Efficiency — DOGE

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said … Read more

Bitcoin is closing in on $90,000 for the first time ever

Bitcoin is closing in on ,000 for the first time ever

Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to … Read more

Bitcoin hits $80,000 for the first time as crypto traders bask in Trump election victory

Bitcoin hits ,000 for the first time as crypto traders bask in Trump election victory

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever. The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%, after passing the $3,000 level on Saturday. It last changed … Read more

Fintechs Upstart and Toast soar on earnings

Fintechs Upstart and Toast soar on earnings

Chris Comparato, CEO, the Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Upstart, which uses artificial intelligence to inform online lending decisions, soared 46% on Friday, its best day in over three years. Toast, which sells payments technology to restaurants, jumped 14%, closing at its highest since 2021. … Read more

Crypto’s $245 million campaign finance operation funded non-crypto ads

Crypto’s 5 million campaign finance operation funded non-crypto ads

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance LAS VEGAS — In Nevada’s 4th Congressional District, a crypto PAC spent nearly $2 million on ads this cycle to support the reelection of Steven Horsford, a Democratic congressman who’s voted in … Read more

Bitcoiners celebrate as Bernie Moreno ousts Sherrod Brown, Ohio upset

Bitcoiners celebrate as Bernie Moreno ousts Sherrod Brown, Ohio upset

Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate Banking Chair Sherrod Brown, a three-term incumbent, in a contest that was key in the battle for control of the U.S. Senate. Some $40 million of crypto money was directed at defeating Brown, with one PAC … Read more

Cryptocurrencies rise as investors brace for election results

Cryptocurrencies rise as investors brace for election results

V-graphix | Istock | Getty Images Cryptocurrencies were higher on Tuesday, with bitcoin briefly topping $70,000 as investors looked forward to results from the U.S. presidential election. Bitcoin was last higher by nearly 3% at $69,463.61, according to Coin Metrics. Earlier, it rose as high as $70,522.84. It is currently 5% off its all-time high, … Read more

Bitcoin briefly tops $70,000 for the first time since June

Bitcoin briefly tops ,000 for the first time since June

Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. At about 6:00 p.m. Eastern on Monday, it touched $70,207.02 … Read more

Crypto’s $130 million election binge has boosted Utah’s John Curtis

Crypto’s 0 million election binge has boosted Utah’s John Curtis

U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to win the seat of retiring U.S. Sen. Mitt Romney, June 10, 2024, in Salt Lake City. Rick Bowmer | AP SALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a favorite of the crypto industry … Read more

BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

Marquee at the main entrance to BlackRock headquarters building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. … Read more