Bitcoin, the top dog in the cryptocurrency world, has a big problem: it uses a ton of energy and isn't kind to the environment. The proof-of-work system it runs on is to blame. As Bitcoin grows, mining it becomes more popular, especially in places where energy and money costs are low. Researchers de
Bitcoin's skyrocketing value has caught the attention of pension funds, traditionally cautious investors. Even conservative trustees are curious, thanks to bitcoin's dramatic rise last year. Some pension funds in the US and abroad have started dabbling in crypto, hoping to score big returns. Experts
A new cryptocurrency linked to Donald Trump has skyrocketed in value, reaching almost $11 billion on Inauguration Day. This surge came as Bitcoin hit new records, hinting at confidence in the new administration's possible deregulation of the crypto market. The coin, called $TRUMP, launched just days
Investing can be a rollercoaster. You might have heard of "HODLing, " which means holding onto an investment, especially in cryptocurrency, regardless of short-term price fluctuations. For some, this strategy has paid off big time. Take Bitcoin, for example. In 2013, it was trading around $950. Now,
Ever wondered how to turn a half-million dollars into a million in a single day? Dave Portnoy, the founder of Barstool Sports, just showed us how. He bought $500, 000 worth of President-elect Donald Trump’s new cryptocurrency meme coin, $TRUMP, at $24. 80 per share. The next day, he woke up to find
President Donald Trump’s recent launch of his own meme coin has stirred quite a reaction in the cryptocurrency industry. Many crypto enthusiasts had high hopes for Trump’s presidency, expecting lighter regulations and more recognition for digital assets. However, his move into the meme coin market h
Brian Armstrong, the CEO of Coinbase, sees a bright future for cryptocurrencies under President Trump. Speaking at the World Economic Forum in Davos, Switzerland, Armstrong predicted that the new administration's policies could drive fresh investment into the crypto market. "The Trump effect is real
President Trump once promised crypto enthusiasts a brighter future. But before he even took office, he launched a digital asset called a meme coin. These coins are known for their hype and are often used in scams. While Trump's coin seems to have safeguards against sudden sell-offs, some are worried
Lately, there's been a lot of buzz about the former US President's sudden dive into the crypto world. It all started when he launched the $TRUMP meme coin last Friday. Then, just days later, a company linked to Trump joined the Ethereum staking process. This rapid series of events has caught the mar
The cryptocurrencies tied to Donald and Melania Trump, known as "Official Trump" and "Melania Meme, " saw their values plummet recently. "Official Trump" lost over 20% of its value in just 24 hours, dropping to $38. This dramatic drop reversed some of the gains seen since the coin's launch last week
