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The Latest Breaking News from Bitcoin

Stock Market Erases Most 'Trump Bump' Gains After Week of Sharp Losses

The stock market has officially lost its "Trump bump" after the S&P 500 closed just above the nearly record-high post-election open.

Latin Times

Two small countries bet on Bitcoin—and it's paying off big time

Bhutan and El Salvador have seen their Bitcoin holdings soar beyond $1 billion and $500 million, respectively.

Fortune

Top-Performing Non-Leveraged ETFs This Year

As cryptocurrencies surged two different times in 2024, crypto-focused ETFs unsurprisingly came out on top; these are three leading funds not using leverage.

MarketBeat

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US hacker sentenced to five years in the slammer for laundering the proceeds of nearly 120,000 stolen bitcoin worth $10,800,000,000 at today's prices

No, less. No wait, more. No, it's less again.

PC Gamer

In US First, Pennsylvania Lawmaker Introduces State Bitcoin Strategic Reserve Act

Pennsylvania Rep. Mike Cabell introduced the Pennsylvania Bitcoin Strategic Reserve Act, which will allow the state's treasury to invest up to 10% of the state's $7 billion fund into $BTC, utilizing the cryptocurrency as a hedge against inflation.

International Business Times

Crypto hacker who stole $11 billion of bitcoin sentenced to prison

Ilya Lichtenstein sentenced for theft of $11 billion worth of bitcoin from the Bitfinex crypto exchange

The Independent UK

US hacker jailed for five years over Bitcoin heist worth billions of dollars

Ilya Lichtenstein stole around 120,000 Bitcoin - now worth $7.6 billion

Evening Standard

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DeFi Technologies Launches CoreFi Strategy, A MicroStrategy-Inspired Approach To Amplifying $BTC Returns With $CORE

CoreFi Strategy, an upcoming publicly traded company, aims to simulate MicroStrategy's success in Bitcoin, but this time, leveraging on $CORE to maximize Bitcoin yield.

International Business Times

Bitcoin Thief Sentenced To 5 Years For Laundering Scheme

Computer expert and wife sentenced for stealing billions in bitcoin and laundering funds. Case highlights challenges of cybercrime in cryptocurrency space.

Top News

Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison

A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — has been sentenced to five years in prison

The Independent UK

Cryptocurrencies are making investors very rich – and making it harder to catch financial scammers

Fraudulent payments – where people are tricked into sending money to criminals – cost consumers £460 million in England and Wales last year. To give consumers more protection, the UK government now plans to give banks 72 hours to delay completion of potentially fraudulent transfers.

The Conversation

Trump's Pick For Intel Chief – A Former Democrat – Is Pro-Crypto

Donald Trump's cabinet is shaping up to be largely pro-crypto, as he announced Wednesday that he has chosen former Democratic Rep. Tulsi Gabbard to lead national intelligence.

International Business Times

Most Markets Drop As Traders Weigh Fed; Bitcoin Eases

Bitcoin eased just below the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 following pro-crypto pledges from the US president-elect.

Latin Times

Exclusive: Portal Ventures raises oversubscribed $75 million crypto fund backed by Chris Dixon and Marc Andreessen

The pre-seed venture firm is deploying capital as the blockchain industry comes roaring back.

Fortune

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Reason

Abolish the Fed

A central bank is not essential to a functioning economy.

Salon

Inside Russia's dark web drug markets

Even in totalitarian states, it’s easier than ever to get high. All you need is an internet connection

Top News

Asian Markets Mixed Amid Dollar Strength And Inflation Concerns

Asian markets show mixed performance due to U.S. inflation report and dollar strength. U.S. stocks close with slight gains. Cryptocurrency and oil markets ...

International Business Times

Bitcoin Hits $93K – Expert Says $200K Before Year-End Possible Under One Scenario

Bitcoin has once again hit a new all-time high, passing the $93,000-mark and is showing signs of going even higher – with much optimism for a new administration's friendlier tone toward crypto, is $200,000 possible before 2024 comes to a close?

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International Business Times

Asian Markets Mixed As Traders Weigh Fed; Bitcoin Above $90,000

Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.

AAP

Australian shares edge higher, unemployment steady

The ASX200 was up almost half a per cent at midday, as financials staged a modest rebound after a weak performance on Wednesday.

USA Today Sports Media Group

Odell Beckham Jr. dunks on everyone who laughed at him for taking Rams salary in Bitcoin

Odell Beckham Jr. took his Rams salary in Bitcoin and 3 years later, he's calling out people who said it "was dumb"

Fortune

Bitcoin users are largely rich, white and banked, according to a new FDIC poll of 30,000 households

The FDIC polled 30,000 households about their crypto use, and made some surprising discoveries.

Salon

Dogecoin surges as Trump announces DOGE

Elon Musk, a fan of the cryptocurrency, has been named a leader of the "Department of Government Efficiency"

International Business Times

Trump Victory Signals Golden Era For Crypto Industry

Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid.

The Guardian - US

Bitcoin clears $93,000 and Dogecoin soars amid Trump-fueled crypto rally

Cryptocurrency boosters are expecting the president-elect’s economic team to be crypto-friendly

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