Latest Cryptocurrency News

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

Jan. 29, 2025 12:33 PM EST

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

Jan. 21, 2025 17:52 PM EST

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

Jan. 20, 2025 10:49 AM EST

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

Jan. 20, 2025 04:59 AM EST

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

Jan. 19, 2025 17:27 PM EST

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...