Bitcoin breached the $95,000 level for the first time Wednesday evening as investors continued pricing in a second Donald Trump presidency. The price of the flagship cryptocurrency was last higher by more than 3% at $97,646.68, according to Coin Metrics. Earlier, it rose as high as $97,903.00. Shares of MicroStrategy, a bitcoin proxy, gained 3% … Read more
Bitcoin reached a new record high on Thursday, surpassing $97,000 for the first time, fueled by growing expectations that US president-elect Donald Trump will push forward measures to ease regulation of cryptocurrencies. At 10:35 AM IST, Bitcoin’s price hit $97,532, with analysts predicting that the $100,000 milestone could soon be within reach. The cryptocurrency’s price … Read more
Former cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about US$8 billion from customers of the now-bankrupt exchange, was spared prison time by a judge on Wednesday. US District Judge Lewis Kaplan announced he would be imposing no prison time at a hearing in federal court … Read more
A Shanghai court has released an opinion stating that the personal ownership of cryptocurrencies is not against Chinese law, offering explicit legal clarity for crypto holders on the mainland amid a record-setting bitcoin price surge. Sun Jie, a judge at the Shanghai Songjiang People’s Court, wrote in an article published on Shanghai High People’s Court’s … Read more
Logan Paul is embroiled in a $4.2 million lawsuit that alleges that he misled fans into investing in a cryptocurrency promotion that he directly profited from. The class-action lawsuit, which represents 130 investors, involves CryptoZoo, Paul’s crypto venture marketed as an online trading card game, according to the BBC. In the game, users buy a … Read more
The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and derivatives markets. The largest digital asset slid below $87,000 on Friday after Federal Reserve Chair Jerome Powell said there was no need to hurry interest-rate cuts. That left the token about $6,500 below a record high achieved … Read more
A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex, one of the world’s largest cryptocurrency exchanges, with the help of his wife. Ilya Lichtenstein, 35, hacked into Bitfinex’s network in 2016, using advanced hacking tools and techniques, and stole about 120,000 bitcoin, the Justice … Read more
Last Updated:November 14, 2024, 12:08 IST Memecoin PEPE stood at $0.00002479 at 7:30 am on November 14, a 94.43 per cent jump over the $0.00001275 price recorded at 12:35 pm on November 13, according to coinmarketcap.com. Pepe Coin Price. Even as the cryptocurrency market is surging since Donald Trump won the US presidential elections last … Read more
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’s rally has gained impressive momentum since Donald Trump’s victory, driving the cryptocurrency to new all-time highs (ATH). Following Trump’s win, Bitcoin surged over 30%, peaking at an ATH of $89,956 and maintaining a bullish trend since then. However, after reaching the record high of $89,956 on Tuesday, Bitcoin saw some profit-taking on Wednesday. As … Read more
