Australian who falsely claimed to have invented bitcoin is found in contempt of UK court

LONDON (AP) — An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency was found Thursday to be in contempt of an order of London's High Court and was sentenced to 12 months in prison, suspended for two years. In a judgment on Thursday,...

2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it. ...

El Salvador's president is triumphant after his bet on bitcoin comes true

SAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador's President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency. The adoption of bitcoin — which has been legal tender in the...

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

NEW YORK (AP) — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. The crypto market had more action, and bitcoin briefly burst to a record above $103,000 before pulling back. The S&P 500 slipped...

Bitcoin has surpassed the $100,000 mark as the post-election rally continues. What's next?

NEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after...

How major US stock indexes fared Thursday, 12/5/2024

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell...

From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto

NEW YORK (AP) — Born from the ashes of the 2008 global financial crisis, bitcoin arrived after trust had withered in the financial system and in Washington's ability to protect those who must participate in it. Now, it's Washington's very embrace of bitcoin that's helping to send its price to...

Bitcoin tops $100,000 for the 1st time as massive rally rolls on after Trump picks crypto advocate to lead the SEC

Stock market today: Tech stocks and AI pull Wall Street to more records

NEW YORK (AP) — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s...

How major US stock indexes fared Wednesday, 12/4/2024

U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The S&P 500 climbed 0.6% Wednesday to add to what looks to be one of its best years of the millennium. The Dow Jones Industrial Average gained 0.7%,...