A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X and referring to a sudden spike in the bitcoin price that creates a "candle" on a trading chart as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.
Bitcoin enthusiasts seeking to turn a mountain town in El Salvador into a cryptocurrency haven hope that US President Donald Trump's return to the White House will boost their cause. In 2021, El Salvador became the world's first country to establish bitcoin as legal tender,
The world’s largest cryptocurrency surged in value again after surpassing $100,000 for the first time last month - shortly after 'crypto President' Donald Trump won the election
"The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun," Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration.
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
Bitcoin’s four-year boom-bust cycle could be shaken up as Wall Street has a clearer path to adopt crypto after Donald Trump’s executive order, says Bitwise’s Matt Hougan.
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Bitcoin soared to a record $109,071 in the hours before his inauguration as 47th US president. The value of the $TRUMP coin soared to around £12b
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