Bitcoin is zooming towards $100, 000, but don't expect it to fly there forever without a hiccup, warns Michael Novogratz, CEO of Galaxy Digital. The crypto king was trading near $97, 000 on Thursday, after hitting an all-time high of almost $98, 400. Novogratz thinks this milestone was bound to happ
Cryptocurrency has become a big deal lately, especially with a president who's all for it. But before you decide to invest, it's important to know the dark side of this digital money. First off, creating cryptocurrencies like Bitcoin uses tons of energy. This isn't great for the environment and add
Bitcoin is getting closer to the $100, 000 mark, making waves in the financial world. This surge is happening because many investors believe that under President Donald Trump’s second term, the U. S. will be more friendly to cryptocurrencies. Bitcoin’s price hit a new high of $98, 367 before slightl
Imagine if the Securities and Exchange Commission (SEC) turned pro-crypto. That's what analysts are banking on for Robinhood's stock to skyrocket. Gautam Chhugani from Bernstein sees a 44% upside for the online trading platform, especially with former President Donald Trump potentially easing regula
Five individuals have been charged by the U. S. government for a multi-year hacking spree that targeted major tech companies and cryptocurrency owners. Ahmed Hossam Eldin Elbadawy (23), Noah Michael Urban (20), Evans Onyeaka Osiebo (20), Joel Martin Evans (25), and Tyler Robert Buchanan (22) are acc
In a surprising turn of events, former FTX executive Gary Wang won't serve any jail time for his role in the crypto exchange's downfall. On Wednesday, a U. S. district judge sentenced him to three years of unsupervised release and time served for four fraud-related counts. The judge, Lewis Kaplan, p
Logan Paul, the well-known social media star, recently faced some heat over his cryptocurrency deals. The BBC had been trying to chat with him about allegations that he made profits by promoting crypto projects without disclosing his interests. But instead of sitting down for an interview, Logan sen
Howard Lutnick, the CEO of Cantor Fitzgerald, is President Trump's pick to lead the U. S. Commerce Department. Lutnick has been a big supporter of Tether, a cryptocurrency company with a history of controversy. Tether operates like a bank but without the normal rules and watchdogs. It issues a stabl
Gary Wang, a co-founder of the now-defunct cryptocurrency exchange FTX, dodged a lengthy jail term. On November 20, 2024, he was sentenced to time served and three years of supervised release for his part in the crypto fraud. He was also ordered to forfeit $11 billion. Wang faced up to 50 years in p
Bitcoin surged to a new peak of almost $95, 000 recently, driven by positive U. S. election outcomes. Meanwhile, major firms like BlackRock and Grayscale introduced options for their spot bitcoin ETFs, attracting massive volumes. BlackRock's iShares Bitcoin Trust saw over $1. 9 billion in trades, si
