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.

Trump plans crypto-friendly orders in first few days in power

President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan. Trump, who courted crypto cash on the campaign trail with promises to be a "crypto president," is expected to sign an executive order creating a crypto advisory council, an idea he first floated in July, said two of the sources who requested anonymity to discuss private deliberations. Bloomberg News first reported on Thursday that Trump was planning to issue an executive order creating a crypto council, which would help advise the government on crypto-friendly policy.

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Why Bitcoin and Related Stocks Soared on Friday

Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.

Why XRP, Hedera, and Stellar Led Cryptocurrencies Higher This Week

The market bid up cryptocurrencies this week ahead of President Trump's inauguration, which could change the industry's landscape. According to data provided by S&P Global Market Intelligence, XRP (CRYPTO: XRP) was up as much as 43.2% since last Friday's stock market close and is currently up 37.3%. Hedera (CRYPTO: HBAR) jumped 41% and settled in at a 31.4% gain for the week, and Stellar (CRYPTO: XLM) was up 20% at its high and is now trading up 14.3%.

Long-Standing Crypto Cases Are Winding Down Before Trump Takeover

(Bloomberg) -- Digital Currency Group and its subsidiary Genesis Global Capital settled Securities and Exchange Commission charges on Friday — the latest in a slew of crypto firms to do so as US regulators appear to clear their slates in the waining days of the Biden administration. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City

Bitcoin, Ethereum, and Dogecoin Jump as Traders Bet on Trump Bump

The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Bitcoin (CRYPTO: BTC) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum (CRYPTO: ETH) is up a more modest 2.6% in that time, and Dogecoin (CRYPTO: DOGE) is up 7.3%.

Coinbase Launches Bitcoin-Backed Loans For US Users

Crypto exchange Coinbase (NASDAQ:COIN) has launched a new service allowing U.S. customers (excluding in the state of New York) to borrow (CRYPTO: USDC) against their Bitcoin holdings. This new offering allows users to access liquidity without selling ...

Trump Reportedly Planning To Declare Crypto As National Priority Through Executive Order

President-elect Donald Trump is set to issue an executive order to declare cryptocurrency as a national priority and incorporate industry experts into his administration, according to a Thursday report. What happened: The strategic language was used ...