Cryptocurrency News

A new cryptocurrency industry report suggests that the Federal Reserve’s recent decision to cut interest rates will significantly affect stablecoin issuers’ revenue. Stablecoin providers, who have traditionally held U.S. Treasurys to earn a return on the reserves backing their digital assets, are now facing lower income as a result of these rate cuts.According to the […]

Donald Trump’s return to the White House is perceived as a positive development for the cryptocurrency industry. This optimism is reflected in the recent surge of Bitcoin prices, which have reached record highs. One of the significant concerns for the crypto industry has been the Securities and Exchange Commission’s (SEC) approach to enforcement. Critics argue

Bitcoin (BTCUSD) experienced a significant surge, briefly reaching a record high of $75,000 on Wednesday. This increase occurred as Donald Trump was rumored to be recapturing the U.S. presidency. Although the cryptocurrency has since retreated from its peak, it remains up by 6% over the past 24 hours, with an all-time high price of $73,798

In the wake of the post-election cryptocurrency rally, Dogecoin’s market value has surpassed that of major companies such as Ford and General Mills. Elon Musk, Tesla’s CEO, has been a vocal proponent of Dogecoin, and has spent millions in support of President-elect Donald Trump’s campaign. On Tuesday, Trump announced that Musk and Vivek Ramaswamy will

Bitcoin’s price was around $93,000 on Tuesday, retreating from levels just below $100,000 seen last week. The cryptocurrency had reached an all-time high over $99,500 on Friday, with the $100,000 mark seeming imminent. However, it is now closer to $92,000.Bitcoin market watchers note that much of the selling is coming from relatively new buyers who

Oppenheimer analysts have set a price target on Coinbase shares that is among the highest on Wall Street. The target is $358, which is significantly ahead of the Street’s average of $273 and more than 17% higher than Friday’s close. This comes as enthusiasm for cryptocurrency has surged since President Donald Trump’s re-election, which analysts

Bitcoin has reached a new milestone, surpassing $98,000 for the first time on Thursday, marking a 46% increase since Donald Trump was announced as the winner of the 2024 U.S. presidential election. Bitcoin-related stocks have seen their highest trading volume ever, with over $50 billion in assets exchanging hands on Wednesday. This surge in trading

Rumble, a conservative-leaning streaming platform backed by Vice President-elect JD Vance, has announced plans to allocate part of its cash reserves to Bitcoin. The company has not disclosed a specific timeline for these bitcoin purchases. Rumble’s shares have seen an increase, with a rise of around 4% in morning trading. The company’s decision comes amidst

Bitcoin recently hit another all-time high, rising above $93,000. The price of bitcoin has been on a tear since Donald Trump won the presidential election. Trump made a number of campaign promises that would likely benefit bitcoin and the greater crypto industry. The post-election bitcoin price run has shown no signs of slowing down. The

Key Takeaways Bitcoin price was recently hovering around a three – month high just below the closely watched $67,000 mark. The digital asset, currently around 6% higher this week, has received a boost in recent days from significant inflows into spot Bitcoin exchange traded funds (ETFs). So far this week, the 12 U.S. funds have