Latest Cryptocurrency News

Stock market today: Asian stocks track Wall St's gains with Nvidia report and bitcoin surge

Nov. 22, 2024 03:10 AM EST

HONG KONG (AP) — Asian stock mostly rose on Friday following gains on Wall Street after market superstar Nvidia and other companies said they’re making even fatter profits than expected. U.S. futures climbed while geopolitical tensions pushed oil prices higher. On Thursday,...

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Nov. 21, 2024 17:10 PM EST

NEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks,...

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Nov. 21, 2024 15:14 PM EST

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled...

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Nov. 21, 2024 13:27 PM EST

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of record after record highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000, just two years...

Duct-taped banana sells for $6.2 million at art auction

Nov. 20, 2024 21:52 PM EST

NEW YORK (AP) — A piece of conceptual art consisting of a simple banana, duct-taped to a wall, sold for $6.2 million at an auction in New York on Wednesday, with the winning bid coming from a prominent cryptocurrency entrepreneur. “Comedian,” by Italian artist Maurizio...

What to know about Howard Lutnick, Trump's pick for commerce secretary

Nov. 19, 2024 15:54 PM EST

WASHINGTON (AP) — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is...

New York judge rejects state efforts to shutter bitcoin mine over climate concerns

Nov. 15, 2024 15:50 PM EST

NEW YORK (AP) — A cryptocurrency plant in central New York can continue operating after a court rejected the state’s effort to shutter the facility over concerns about its climate impact. The decision was hailed as a victory by Greenidge Generation, a large-scale crypto mine in...

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

Nov. 14, 2024 20:04 PM EST

WASHINGTON (AP) — 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 — was sentenced on Thursday to five years in prison. Ilya Lichtenstein masterminded one...

Bull doge! Dogecoin soars as Trump announces a government efficiency group nicknamed DOGE

Nov. 13, 2024 16:20 PM EST

NEW YORK (AP) — Wow, much bull market. Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” has been racing higher in value since Donald Trump won the presidential election last week. It got another bump after Trump named Tesla's Elon...

Bitcoin neared $90,000 in a new record high. What to know about crypto's post-election rally

Nov. 12, 2024 17:47 PM EST

NEW YORK (AP) — As money continues to pour into crypto following Donald Trump's reelection last week, bitcoin has climbed to yet another record high. The world's largest cryptocurrency topped $89,000 for the first time, briefly peaking at $89,995 early Tuesday, according to...