Latest Cryptocurrency News
Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days
WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days. “I will divest, I will sell all of my interests, my business interests, all of...
Trump's embrace of meme coin sours mood in crypto industry
President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets. The industry, which felt unfairly targeted by...
Bitcoin soars past $109,000 ahead of possible early action on crypto by Trump
WASHINGTON (AP) — The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry bets he'll take action soon after returning to the White House. Once a skeptic who said a few...
Trump's inauguration will usher in a crypto-friendly administration, and with it, new state policies
HARRISBURG, Pa. (AP) — The bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could push states to become more open to crypto and lead public pension funds and treasuries to buy into it. Proponents of the uniquely...
Trump promotes new meme coin before taking office on pro-crypto agenda
President-elect Donald Trump has launched a new cryptocurrency token that is soaring in value – and potentially boosting his net worth – just before his inauguration. It’s the latest norm-defying promotion by Trump, who has also helped sell branded bibles, gold sneakers and diamond-encrusted...
Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump
WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week. Once a skeptic who said a few years ago that bitcoin “ seems like a scam,” Trump has...
How Trump's political and business interests will intersect in the White House
As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could influence his decision-making in the White House. Trump's team dismisses such...
Text messaging scammers stole $2M in cryptocurrency from victims, NY attorney general's office says
NEW YORK (AP) — Scammers stole millions of dollars in cryptocurrency from people seeking remote work opportunities as part of an elaborate scheme, according to New York's attorney general. Attorney General Letitia James said Thursday that she's filed a lawsuit in order to recover...
The Trump company is not banning private foreign deals, a break with its first term policy
NEW YORK (AP) — The Trump family business released a voluntary ethics agreement Friday that allows it to strike deals with private foreign companies, a move that could help outside actors try to buy influence with the new administration. The so-called ethics white paper bars the...
Man pleads guilty in failed ransom plot that may have been linked to $240M crypto heist
HARTFORD, Conn. (AP) — A Florida man pleaded guilty Thursday in connection with the carjacking and kidnapping of a Connecticut couple, in what authorities called a failed ransom plot that may have been linked to a $240 million cryptocurrency heist. Michael Rivas, 19, of Miami, was...
