Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value
The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.
The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.
A private token sale was done at a $34.5 million valuation.
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump’s election victory promises a friendlier U.S. regulatory environment toward digital assets.
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Also: Justin Drake on Ethereum’s Beam Chain … and Solana
President-elect Donald Trump announced he would nominate Paul Atkins, a former SEC commissioner and current CEO of Patomak Küresel Partners, to run the SEC.
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.
Ethereum’s Beam Chain “is all about improving the long-term health and security of the consensus layer,” says Drake. “Solana has no consideration for health.”
Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.