CRYPTOCURRENCY

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Nov 06 2024CRYPTO

Bitcoin Hits New High Amidst Election Uncertainty

Bitcoin hit a new record high at $75, 000 as investors wagered on a potential edge for former President Trump in the U. S. election. The price jumped by 7% to $74, 392. 00, breaking the previous peak set in March. Earlier in the year, Bitcoin had been trading below $70, 000. The overnight rise in B

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Nov 05 2024TECHNOLOGY

Watch Out, Devs: Malicious Codes on NPM

Ever heard of sneaky hackers trying to trick you? That’s what’s happening on NPM, a popular site for sharing code. Hackers are uploading hundreds of fake packages, trying to fool developers into downloading malware. These fake packages have names that look like real ones, such as Puppeteer and Bignu

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Nov 01 2024CRYPTO

Former FTX Engineer Avoids Jail Time for Helping Catch Bankman-Fried

In New York, a former FTX executive named Nishad Singh was spared a prison sentence on Wednesday. The federal judge commended Singh's significant cooperation in exposing the multibillion-dollar fraud orchestrated by FTX's founder, Sam Bankman-Fried. Singh, who was the company's engineering director,

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Oct 30 2024FINANCE

Bitcoin Trumps $72, 000: Politics and Inflation Boost Crypto

Bitcoin has hit a new high, soaring over $72, 000—a benchmark it hasn’t seen since spring. This surge comes as investors consider upcoming elections and inflation fears. The world's most valuable cryptocurrency, with a market value of over $1. 4 trillion, has shot up by about 6% on Tuesday. In simp

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Oct 30 2024CRYPTO

Professor Sues TVA Over Bitcoin Miner Incentives

A University of Tennessee professor has taken legal action against the Tennessee Valley Authority (TVA). The professor, Melanie Faizer, is arguing that TVA is not complying with the Freedom of Information Act (FOIA) after she requested documents about incentives given to cryptocurrency companies lik

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Oct 30 2024POLITICS

How the U. S. Election Could Shake Up Bitcoin's Price

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

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Oct 26 2024CRYPTO

Bitcoin Today: A Roller Coaster Ride!

Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—

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Oct 26 2024BUSINESS

Will Microsoft Dive into Bitcoin? Shareholders Decide

Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B

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Oct 25 2024POLITICS

Crypto Tycoons' Political Positions Revealed

In the upcoming election, crypto billionaires have shown their political colors. Some have backed former President Trump, who now supports crypto, while others have chosen Vice President Harris. Tyler and Cameron Winklevoss, the twins behind Gemini, have donated millions to Trump's campaign, unhappy

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Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

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