Latest Crypto & Bitcoin News

Cryptocurrency values surged above $60,000, reaching its highest point since 2021. Enthusiasts are waiting to see if it can achieve a new record high during the current rally.

Bitcoin Churns Near $96,000 as Crypto Awaits Trump’s Next Step

(Bloomberg) -- Cryptocurrency speculators kept Bitcoin in sight of the landmark $100,000 level in anticipation of further steps to support the sector by US President-elect Donald Trump.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe largest digital asset traded at about $96,000 in early Asian trading on Wednesday, following a more than 40% advance since Trump’s Nov. 5 election victory. The Rep

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Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting that he misled customers about the business. Alexander Mashinsky, 58, of Manhattan, entered the plea in New York federal court to commodities and securities fraud. In court, he admitted that in 2021 he publicly suggested there was regulatory consent for the company's moves because he knew that customers “would find false comfort” with that.

2025 Will Be Bitcoin’s Butterfly Moment

Both Bitcoin and Ethereum have undergone serious changes in the last 18 months, with both unlocking the rejuvenating potential of Layer-2 development. The next step for Bitcoin is consolidation. Smaller L2 projects will realize that in order to succeed, they will need to merge into one another. The winning solutions will ultimately be decided by TradFi, which will integrate the best tools, remove UI complexity, and guide mass adoption.

What are the top altcoins to watch in 2025?

With bitcoin catapulting to new heights, attention is already refocusing on which altcoins might surge to the top next.

Bitcoin Gets Briefly Caught Up in South Korean Political Strife

(Bloomberg) -- Cryptocurrencies saw few gains on Tuesday, while price swings surged on Asian exchanges after South Korean President Yoon Suk Yeol declared martial law as the country faces a political deadlock in parliament.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsA majority of the largest digital assets were in the red, with market bellwether Bitcoin fluctuating between small gains and loss