Cryptocurrency

Stay up-to-date on the latest news and developments in the world of cryptocurrency. Our cryptocurrency news category covers everything from Bitcoin and Ethereum to emerging altcoins and blockchain technology.

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AI-Generated Faces Proliferate as Tools for Political Manipulation on X, Study Finds

AI-generated profile pictures are becoming a significant tool for coordinated manipulation on X, with researchers from Germany identifying nearly 8,000 accounts using synthetic faces primarily focused on amplifying political messages and crypto schemes. “Recent advances in the field of generative artificial intelligence (AI) have blurred the lines between authentic and machine-generated content, making it almost […]

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'Trump Trade' Means Bitcoin Could Soar for Eight Weeks, Says JP Morgan

Bitcoin’s stratospheric rise is set to continue—for at least another eight weeks. That’s according to analysts at America’s biggest bank, JP Morgan.  Analysts at the bank said in a Thursday report that the biggest digital coin by market cap will continue to benefit from a Republican win in the U.S. presidential election.  Bitcoin’s price soared

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AI Boom Will Produce Millions of Tons of E-Waste and Toxic Materials by 2030: Report

The artificial intelligence boom isn’t just consuming massive amounts of energy and water: It’s also creating an unprecedented tsunami of electronic waste. According to Stanford University, private investment in AI went from $3 billion in 2022 to $25 billion last year, with companies adopting AI tools faster than ever. This surge is forcing data centers

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Crypto Money Won the Election—And It Could Just Be Getting Started

This week’s U.S. election, like any other, had its winners and losers. But you’d be hard pressed to find a bigger winner coming out of Tuesday night than Fairshake.  The crypto super PAC, funded by the likes of Coinbase, Ripple, and Andreessen Horowitz, didn’t just win big on a handful of high-stakes, marquee fights. It

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Trump Election Was the 'Most Important Day for Crypto': Galaxy's Mike Novogratz

Galaxy Digital Holdings continued to operate at a loss last quarter as the cryptocurrency market cooled—but an executive shrugged off the news in an earnings call Thursday, citing the potentially massive impact that the incoming Trump presidency could have on its business. And CEO Mike Novogratz described Trump’s reelection as a massive moment for crypto.

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Fed Cuts Rates as Bitcoin Continues Roaring

The Federal Reserve on Thursday slashed interest rates in an expected decision that could give “risk-on” assets like Bitcoin a further boost—and the top digital asset is already surging in recent days, setting multiple all-time high price points following Donald Trump’s election win. America’s central bank approved a quarter-point interest-rate cut—a move backed by all

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FTX Founder Gary Wang Hopes to Avoid Prison—Unlike SBF and Caroline Ellison

Gary Wang, a co-founder and former bigwig of the now-collapsed FTX crypto empire, has asked a judge to be spared from prison after a fellow executive managed to avoid a lengthy sentence. The founder’s lawyer argued that Wang faced the fewest criminal counts in the case and was one of the first to admit wrongdoing,

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Whales Won Millions Betting on Trump, But 86% of Polymarket Traders Have Lost Money

Prediction market Polymarket shot to prominence amid the recent U.S. election, attracting monthly trading volume just shy of $2.5 billion in October with over $1.2 billion more already racked up in November. Some users made millions betting on the election—but ultimately, data suggests that most bettors have actually lost money using the platform to date.

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Bitcoin Posts Huge Volumes as Investors Weigh Bullish Trump Administration

Bitcoin’s upward price trajectory has slowed, but the cryptocurrency hasn’t lost much ground after setting a new all-time high yesterday above $76,000. At the time of writing, the Bitcoin price has settled around $75,400—up 1.4% on the day, but about 1% shy of the high water mark it set yesterday afternoon, according to CoinGecko data.

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Magic Labs' Newton Launches to Unify Chains on Polygon AggLayer

Aiming to solve the growing issue of liquidity fragmentation across Ethereum-compatible networks, Magic Labs and Polygon Labs have teamed up to launch Newton, described as a “chain unification network” with a single wallet and balance that works across chains. Newton is designed to boost interoperability across Polygon’s AggLayer, which connects layer-1 and layer-2 chains with

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