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Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T. Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January. (Hans Eiskonen/Unsplash) Bitcoin (BTC) is close to reaching $100,000, with prices hovering just over $99,000 after a recent...
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder. Donald Trump at BTC 2024 (Danny Nelson/CoinDesk) The Trump transition team is considering Teresa Goody Guillén, partner at law firm BakerHostetler and co-lead of its blockchain team, among several candidates to become the next SEC chair, industry...
The industry is hopeful, but the only crypto-ish thing he's done since the election is sell shirts with the DOGE dog. Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk) Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become...
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast. Jumping. (Denny Luan/Unsplash) Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations. The market is now pricing in a 66% chance of a...
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government. Bitcoin blasts to $90K (David Mark/Pixabay) Bitcoin briefly hit $90,100 on Coinbase before quickly succumbing to sell pressure. The wild swing in crypto prices liquidated over $900 million of leveraged derivatives trading positions across all digital assets, CoinGlass...
Bitcoin Nears $82K in Bullish Start to Week; Dogecoin Flips USDC. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours. Bitcoin surpassed the $81,000 mark, driven by a continuous rally, high trading volumes over the weekend, and bullish futures market activity, with traders betting on further...
Trump's biggest gift to crypto would be the passing of a Bitcoin Act: CoinShares. (Fox News/Modified by CoinDesk) Passing the Bitcoin Act would be a massive tailwind for the industry, the report said. CoinShares said the bill, if adopted, would give bitcoin a similar reserve status as gold. The passage of such legislation would lead to significant governmental and...
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting. (Hans Eiskonen/Unsplash) Bitcoin jumped to a new all-time high just above $75,000 on crypto exchanges Binance, Coinbase and others in Asian morning hours Wednesday as favorable election results for crypto-friendly...
Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election. At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus the outlook for an easy Trump victory just days ago. Crypto markets navigate Trump decline and Harris rise in betting markets. (Kevin Dietsch/Getty Images) "Markets hate uncertainty," goes an...
The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial. Donald Trump at BTC 2024 (Danny Nelson/CoinDesk) Donald Trump's crypto business World Liberty Financial slashed its fundraising goal after sales of its WLFI token fell...
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