Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening. MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday … Read more
Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was … Read more
Nicolas Economou | Nurphoto | Getty Images Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%. … Read more
Bitcoin was far and away the best-performing asset class in 2024 as new exchange-traded funds ushered in more widespread adoption and hopes for deregulation under a new presidential administration lifted digital assets to record levels. But owning cryptocurrency also came with its usual unpredictability and dizzying swings, as this month’s trading clearly illustrates. Bitcoin has … Read more
Jensen Huang, co-founder and CEO of Nvidia Corp., holds up the company’s AI accelerator chips for data centers as he speaks during the Nvidia AI Summit Japan in Tokyo on Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it … Read more
Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is … Read more
Bitcoin on Wednesday climbed back above $96,000, recovering slightly from a pullback this week that knocked it from record levels. The price of the flagship cryptocurrency was last higher by nearly 6% at $96,676.70, according to Coin Metrics, while ether jumped more than 9% to $3,636.46. The broader crypto market, as measured by the CoinDesk … Read more
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
Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public … Read more
Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Crypto companies are suddenly at the center of deal-making. The catalyst is artificial intelligence. Bitcoin mining companies have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They’re exactly the types … Read more
