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 Bolstered by Pro-Crypto Contender to Lead US Agency CFTC

(Bloomberg) -- Bitcoin traded around the $100,000 level, supported by further signs that proponents of the cryptocurrency sector will help to shape US financial regulations under President-elect Donald Trump.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamCity Hall Is HiringSan Francisco, Paris Named Best Cities for Urban TransportationIn the latest development,

Bloomberg 1 hour ago

Andreessen Crypto Policy Lead Quintenz in Running for CFTC Chair

(Bloomberg) -- Brian Quintenz has emerged as a top contender to lead the Commodity Futures Trading Commission on what could be a dramatic shift in crypto regulation under President-elect Donald Trump.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamCity Hall Is HiringSan Francisco, Paris Named Best Cities for Urban TransportationQuintenz, a former Republican CFTC

Why Altcoins Were Zooming Higher on Wednesday

Market-boosting catalysts, from the introduction of spot exchange-traded funds (ETFs) to a presidential election that delivered a crypto-friendly administration to the White House, seemed to occur every few weeks. Shiba Inu (CRYPTO: SHIB), a meme crypto whose developers are pushing hard for respectability, advanced by just under 9%, while Bitcoin (CRYPTO: BTC) fork Bitcoin Cash (CRYPTO: BCH) was trading nearly 6% higher. Speaking of Bitcoin, the leading cryptocurrency was at the heart of this latest rally.

How nontraditional thinkers are winning big in the world of crypto

Unconventional investors thrive in crypto, proving success isn’t bound by traditional financial expertise.

Why Bitcoin’s institutional acceptance marks a new era for crypto

Institutional embrace of Bitcoin signals a turning point for cryptocurrency’s future in traditional markets.

Trump’s pro-crypto cabinet sparks optimism in Bitcoin and blockchain future

A pro-crypto administration signals regulatory changes poised to reshape the blockchain and digital asset industries.

US bankers cautious on crypto despite expected regulatory easing

U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Donald Trump will pave the way for lenders to expand into digital assets. Trump courted crypto campaign dollars with promises to be a "crypto president" and end the Biden administration's crackdown on the sector, but banks are nevertheless unlikely to rush head-first into the volatile asset, bankers said. "The regulatory framework has to evolve ... and everyone's speculating as to how that regulatory framework will evolve, but it's still unclear," said Goldman Sachs Chief Executive David Solomon.

Italy to backtrack on increasing crypto taxes, report says

A previous proposal looked at increasing the capital gains tax on crypto from 26% to 42%.

Why Bitcoin, Ethereum, and Dogecoin Popped Today

Bitcoin (CRYPTO: BTC) is once again trading above $100,000, which is a critical psychological level for traders. As of 3 p.m. ET, in the past 24 hours alone, Bitcoin is up 5.3%, Ethereum (CRYPTO: ETH) has jumped 5.2%, and Dogecoin (CRYPTO: DOGE) is up 7.9%. The Bureau of Labor Statistics announced this morning the closely watched Consumer Price Index (CPI) was up 2.7% from a year ago, 0.1% higher than in October, but in line with estimates.

MicroStrategy’s Bitcoin Play Raises Questions About Nasdaq 100 Inclusion

(Bloomberg) -- Michael Saylor’s MicroStrategy Inc. checks all the boxes for inclusion in the Nasdaq 100 Index, a development that would trigger purchases of the shares by the $451 billion worth of exchange-traded funds around the world that directly track the benchmark.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamCity Hall Is HiringSan Francisco, Paris Named

Japanese Crypto Exchange Coincheck Starts Trading on Nasdaq

By Daniella Parra Japanese cryptocurrency exchange Coincheck Group began trading on Nasdaq under the ticker “CNCK” following a merger with a SPAC called Thunder Bridge Capital Partners IV, Inc. Coincheck […]

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