Republican U.S. Senator Cynthia Lummis took aim at two federal agencies on behalf of the crypto industry this week, just days before the wide-reaching transition of the federal government when President-elect Donald Trump again takes office. Lummis warned the U.S. Marshals Office to slow down its crypto asset sales and [...]
A strategic bitcoin reserve has been a large part of the crypto discussion ahead of Donald Trump's inauguration, but does the incoming 47th president have other tokens on his mind? Solana's SOL, Ripple's XRP and Hedera's HBAR are among the altcoins outperforming on Thursday, in part thanks to a NYPost [...]
In today’s issue, Bryan Courchesne from DAIM explains how bitcoin can be included in U.S. Individual Retirement Accounts, what to watch out for, and the importance of working with a financial advisor. Then, Eric Tomaszewski from Verde Capital Management shares tips on preparing for tax season in Ask and Expert. [...]
Most investors have their eyes set on President Trump's inauguration on Jan. 20, which has the potential to be a key catalyst for bitcoin (BTC) and cryptocurrency prices. However, a few days later, there is a potential rate hike on the cards from the Bank of Japan (BoJ). According to [...]
On Wednesday, bitcoin (BTC) briefly exceeded $100,000 for the fourth time, with trader sentiment switching to greed from fear as the price ranges between $90,000 and the six-figure level. The largest cryptocurrency may take several attempts to push through $100,000, as previous CoinDesk research showed. Since touching an all-time high [...]
U.S. prosecutors have asked a federal judge to green-light the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex. In a Tuesday court filing, prosecutors said the 94,643 bitcoins recovered by the government from the original wallet used by the hacker, Ilya [...]
Bitcoin (BTC) and other digital assets have dropped as part of a wider macro-driven sell-off in the market and there is a risk that forced selling could lead to further weakness, investment bank Standard Chartered said in a report on Monday. The market downturn was triggered by Federal Reserve Chairman [...]
Bitcoin (BTC) adoption by U.S.-listed public companies continues in full steam. The latest purchase comes from NYSE-listed Genius Group (GNS). On Jan. 10, GNS reported increasing its bitcoin holding to $35 million, which was ahead of its scheduled target of $120 million. In the process, it acquired 372 BTC at [...]
The stateside demand for regulated crypto products is real. The U.S. SEC-approved options tied to BlackRock's spot bitcoin (BTC) exchange-traded fund (IBIT), which debuted on Nov. 19, are already almost half the size of Deribit's eight-year-old bitcoin options market. On Monday, there were 2.16 million open or active IBIT options [...]
JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC). “Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t [...]