Dec 13 What another Trump administration could mean for crypto By Kenichi Serino Bitcoin surpassed $100,000 for the second time ever on Wednesday, after hitting the milestone the first time in early December, a surge fueled by optimism that the Trump administration would be more friendly to the cryptocurrency industry. Continue reading
Dec 05 What's next for Bitcoin as it surpasses $100,000 in post-election rally? By Wyatte Grantham-Philips, Associated Press Bitcoin has topped the $100,000 mark as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. Continue reading
Nov 13 Trump announces Musk and Ramaswamy will lead outside advisory group 'Department of Government Efficiency' By Colleen Long, Jill Colvin, Associated Press President-elect Donald Trump on Tuesday said Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. Continue reading
Nov 12 How Wall Street is reacting to a second Trump term in 8 different sectors By Associated Press While strong rhetoric on the campaign trail can cause these big swings, not all of the promises turn into actual policy. Continue reading
Nov 06 Stocks and bitcoin soar after Trump's victory, while inflation worries rise; Dow surges 1,200 By Associated Press Of course, how much change Trump will be able to effect will likely depend on whether his fellow Republicans win control of Congress, and that’s still to be determined. Continue reading
Jul 29 Watch 6:35 Trump shifts stance on cryptocurrency to win over new bloc of voters and mega-donors By William Brangham, Azhar Merchant Cryptocurrency’s largest annual conference featured a gathering of leaders, celebrities, tech industry insiders, and crypto-enthusiasts. Both Donald Trump and Robert F. Kennedy Jr. spoke in favor of boosting crypto during their remarks. The rise of cryptocurrencies has created a new… Continue watching
May 21 Trump's campaign says it will begin accepting contributions through cryptocurrency By Fatima Hussein, Associated Press The Trump campaign launched a fundraising page Tuesday that allows "any federally permissible donor the ability to give" to its political committees using any crypto asset accepted through the Coinbase cryptocurrency exchange. Continue reading
May 13 Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming military base By Fatima Hussein, Zeke Miller, Associated Press The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. It also forces the removal of certain equipment owned by MineOne Partners Ltd., a firm that is partly owned… Continue reading
Apr 30 Binance founder Changpeng Zhao sentenced to 4 months in prison for allowing money laundering By Gene Johnson, Associated Press A judge on Tuesday credited Zhao for taking responsibility for his wrongdoing. But he said he was troubled by the Binance founder's decision to ignore U.S. banking requirements that would have slowed the company's explosive growth. Continue reading
Mar 28 Watch 5:46 Bankman-Fried sentenced to 25 years in prison for massive FTX fraud By William Brangham, Courtney Norris, Shoshana Dubnow Former cryptocurrency mogul Sam Bankman-Fried was sentenced to 25 years in prison for what prosecutors said was one of the biggest financial crimes in U.S. history. Bankman-Fried was found to have stolen at least $8 billion from FTX customers. William… Continue watching