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 Rally Fizzles as Token’s Record-Breaking Year Winds Down

(Bloomberg) -- A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe largest token changed hands at $96,445 as of 6:33 a.m. Friday in New York, partly paring a retreat of almost 3% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite

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4 Cryptocurrencies That Could Get Their Own Spot ETFs in 2025, According to Bloomberg Analysts

Cryptocurrencies had quite a year in 2024. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well. Most of the gains came in the final two months of the year after Donald Trump won the presidential election.

Ark's Cathie Wood calls for tax clarity as she rides 'Trump bump'

U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters. A laggard in recent years, Wood's flagship ARK Innovation exchange-traded fund has surged 17% since Trump's victory, which is expected to bring policy changes that will benefit the fund's holdings. ARKK's other top holdings include Robinhood and Block, both of which could also benefit from friendlier crypto and AI policies.

What To Expect From Bitcoin and Crypto Markets In 2025

Several factors are driving optimism around cryptocurrencies going into next year, but there are questions surrounding regulation and whether bitcoin's big rally will continue. Here's what you need to know.

3 Reasons Bitcoin Could Go Parabolic in 2025

Now that Bitcoin (CRYPTO: BTC) has broken through the $100,000 price level, it's understandable why many investors are wondering just how much higher the world's most popular cryptocurrency can go. Bitcoin is now up about 115% for the year and about 500% during the past two years. During the past decade, Bitcoin is up a mind-boggling 28,500%.

The IRS And Crypto Staking Rewards: What You Need To Know!

Today, we are discussing an important issue, crypto taxes. Some of you may think avoiding them is a good idea, but it’s not. In this video, I’m joined by my personal CPA, Scott Martin, who explains why paying and filing your crypto taxes correctly is crucial. We’ll discuss the IRS’s stance on crypto staking rewards and how an ongoing legal case involving could set a precedent for how these rewards are taxed.

Why Altcoins Were Tumbling on Thursday

A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it. Rising rates for Treasuries -- which are considered one of the safest investible assets, hence their benchmark status -- tend to sap demand for the more risky investments on the scene.

If You Gifted Your Family $100 In Bitcoin, Dogecoin And Ethereum Last Christmas, Here's How Much They Would've Had This Christmas

One of the annual traditions of Christmas for most families is the giving and receiving of gifts. While popular gift items include toys, clothes, gift cards, and money, another option is to give a gift of cryptocurrency. Here’s a look back at how much ...