President Trump has signed a new executive order that sets up a special group to look into digital assets like Bitcoin. This team will have just a month to figure out what rules are already in place for these assets. Then, they'll need to make recommendations to the president within six months. What
Ivanka Trump has spoken out against a fraudulent cryptocurrency using her name, "IVANKA. " She clarified her stance on social media, emphasizing that she has no involvement with this coin. This scam coin, she explained, poses a risk to consumers and could lead to financial loss. She found the use of
In a recent move, President Trump signed an executive order backing the growth of the cryptocurrency industry. The order calls for a new plan to regulate this business sector, where Trump has personal investments. The order suggests creating a working group to develop comprehensive regulatory and le
Morgan Stanley's top boss, James Pick, recently chatted with CNBC about the bank's stance on cryptocurrencies. He spilled the beans on how they plan to collaborate with U. S. regulators to dive deeper into the crypto world. This chat happened at the big-shot event, the World Economic Forum, in Davos
Stocks are soaring, with the S&P 500 reaching its highest point ever. This uptick follows a drop in the 10-year Treasury yield, which has been fueling the market's growth. However, on Wednesday, the yield slightly increased, going back up to 4. 6%. The dollar also hit a two-week low, causing some fr
It was a night of celebration at the inaugural Crypto Ball. Yet, everything changed when Donald Trump announced his new $TRUMP meme coins, catching crypto enthusiasts off guard. The meme coins were a far cry from the serious currency they expected. As the weekend went on, cryptocurrency loyalists wo
Bitcoin, the top dog in the cryptocurrency world, has a big problem: it uses a ton of energy and isn't kind to the environment. The proof-of-work system it runs on is to blame. As Bitcoin grows, mining it becomes more popular, especially in places where energy and money costs are low. Researchers de
A new cryptocurrency linked to Donald Trump has skyrocketed in value, reaching almost $11 billion on Inauguration Day. This surge came as Bitcoin hit new records, hinting at confidence in the new administration's possible deregulation of the crypto market. The coin, called $TRUMP, launched just days
Investing can be a rollercoaster. You might have heard of "HODLing, " which means holding onto an investment, especially in cryptocurrency, regardless of short-term price fluctuations. For some, this strategy has paid off big time. Take Bitcoin, for example. In 2013, it was trading around $950. Now,
Ever wondered how to turn a half-million dollars into a million in a single day? Dave Portnoy, the founder of Barstool Sports, just showed us how. He bought $500, 000 worth of President-elect Donald Trump’s new cryptocurrency meme coin, $TRUMP, at $24. 80 per share. The next day, he woke up to find
