Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the Securities and Exchange Commission, boosting investor confidence in a...
After Donald Trump's election, many crypto investors are hoping for simpler rules. Robinhood CEO Vlad Tenev calls it the 'Trump Pump'—a surge in crypto prices. People are excited because the incoming Trump administration has shown interest in crypto, promising to make the U. S. the global leader in innovation. Currently, the Securities and Exchange Commission, under...
Nobel laureate Paul Krugman was not a fan of cryptocurrencies back in 2019. He saw their future as dim. But even he couldn't deny that cryptocurrencies are big players today. They've changed how we think about money and finance. Governments are watching closely, trying to keep up with these digital coins. One big worry is how much energy cryptocurrencies use. They n...
Bitcoin's price is hovering around $72, 000, just days before the U. S. elections. This event could impact the cryptocurrency market, regardless of who wins. Eric Beiley, a managing director, thinks Bitcoin's recent surge might signal a Trump victory. But the outcome is still uncertain. Many people are guessing how Bitcoin will react if either Donald Trump or Kamala...