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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Pro-Crypto FIT21 Bill Likely Dead as Bitcoin Lobby Eyes Bigger Prize: Sources

The crypto lobby cheered when the House passed the Financial Innovation and Technology for the 21st Century Act, or FIT21, earlier this year—but that was then, and this is now. Following Donald Trump’s sweeping victory, and a red wave across Congress that includes many pro-crypto lawmakers, the crypto lobby is poised to trash the bipartisan […]

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Mystery Prediction Market Whale Made $47 Million Betting on Trump

As Donald Trump prevailed at the ballot box Tuesday, so did several Polymarket users, who backed the former President’s White House bid to the tune of millions of dollars. Representing the blockchain-based prediction platform’s largest market by volume and open interest, Polymarket’s U.S. presidential election contest concluded Wednesday. Overall, the contest registered $3.6 billion in

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Bitcoin All-Time High Arrived Right on Time—Here's Why

Bitcoin’s price surged to new heights late Tuesday before Donald Trump was projected by media outlets to win the U.S. election. The coin is now priced at $74,555, according to CoinGecko, and jumped as high as $75,358 overnight. But crypto-friendly Trump victory aside, history shows us that the leading digital asset is actually doing what

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Elon Musk-Themed ‘X Empire’ Telegram Game Token Skyrockets on Trump Win

Bitcoin surged to an all-time high price late Tuesday as President-Elect Donald Trump’s projected win took shape, bringing the rest of the crypto market with it. But one of the biggest gainers over the past day might be unexpected—it’s from an Elon Musk-themed Telegram tap-to-earn game. X, the token of Telegram game X Empire, is

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SEC Chairman Gary Gensler Likely to Resign After Trump Win: Analyst

The United States Securities and Exchange Commission (SEC) could soon see a new chairman following Donald Trump’s projected election win, a noted crypto analyst said Wednesday. Analyst Markus Thielen, the CEO of crypto research firm 10x Research, wrote in a research note that recent history suggests that Gary Gensler is likely to resign in the

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US Votes in 'Most Pro-Crypto Congress Ever' as Senate Flips Republican

The U.S. crypto industry is celebrating major wins after Donald Trump’s re-election as the 47th U.S. President and Republican gains across Congress. In the election, 247 pro-crypto candidates won seats in the House of Representatives, compared to 113 anti-crypto members according to data compiled by Stand With Crypto. The Senate also leans toward crypto, with

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Donald Trump Wins the Presidency: Here's What It Means for Crypto

Donald Trump, the self-styled stalwart of the U.S. crypto industry, has secured a second term as president of the United States. While the Associated Press has yet to call the race for Trump, the former president came out to a packed crowd at the Republican Headquarters at Mar-a-Lago in Florida after winning the US Presidential

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Crypto Lobby Secures Major Victory as Sherrod Brown Loses Senate Seat in Ohio

U.S. Senator Sherrod Brown, a longtime crypto skeptic and chair of the powerful Senate Banking Committee, has lost his re-election bid in Ohio to Republican Bernie Moreno, handing a significant win to the crypto lobby after a record-breaking investment campaign.  Brown’s loss comes after Fairshake, a pro-crypto super PAC, poured an astonishing $40 million into

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