Cryptocurrency falls as much as 6 percent as lack of plans for government purchases disappoints investors. United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement. Bitcoin fell as much as 6…
Deribit, the world’s largest cryptocurrency derivatives exchange, aims to expand in Hong Kong, a sign of momentum as the market regulator looks to make the city a hub for virtual assets. The Dubai-based company was drawn to Hong Kong because of its position as an international financial hub and its vibrant community of family offices…
Apps distributed through both Apple and Google’s app stores are hiding malicious screenshot-reading code that’s being used to steal cryptocurrency, the cybersecurity software firm Kaspersky reported today. It’s the “first known case” of apps infected with malware that uses OCR tech to extract text from images making it into Apple’s App Store, according to a…
Bitcoin and crypto prices have stalled after soaring higher following Donald Trump’s U.S. presidential victory—with fears suddenly emerging the $4 trillion crypto bubble could be about to pop. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price has surged to almost $110,000 per bitcoin, helped by Elon Musk’s leaked…
Nicolas Vaiman, a scruffy 30-year-old with a dark beard and glasses, was at home in France last May when he saw a tweet from Caitlyn Jenner. “Make america great again!!!” the former Olympian posted on X. “We love crypto!” Jenner attached a photo of herself shaking hands with Donald Trump, along with a link to…
Elon Musk, the Tesla billionaire who’s leading U.S. president Donald Trump’s Doge department of government efficiency, is no stranger to bitcoin, crypto and blockchain—with his X social media platform poised to blow up the bitcoin price. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price has rocketed higher over…
Elon Musk has initiated conversations about using blockchain technology at the new Department of Government Efficiency, according to people with knowledge of the discussions. It’s the latest sign of the Trump administration’s efforts to bolster the digital asset industry. Musk, who heads the DOGE effort, has mused to close allies about the idea of using…
Silk Road founder thanks US president for ‘amazing blessing’ in video message after his release from prison. Ross Ulbricht, the dark-web marketplace founder pardoned by United States President Donald Trump, has spoken about his release from prison for the first time. Ulbricht, 40, was sentenced to two life sentences, plus 40 years, in 2015 for…
There’s a dominant narrative in the media about why tech billionaires are sucking up to Donald Trump: Elon Musk, Mark Zuckerberg, and Jeff Bezos, all of whom have descended on the nation’s capital for the presidential inauguration, either happily support or have largely acquiesced to Trump because they think he’ll offer lower taxes and friendlier…
Donald Trump is expected to sign at least 100 executive orders on his first day in office. Investors will watch how Trump approaches tariffs, which could stir up jitters in the bond and FX markets. The energy, finance, and crypto sectors stand to benefit if Trump loosens policy. With Donald Trump embarking on his second…