Latest Crypto & Bitcoin News

Cryptocurrency values surged above $60,000, reaching its highest point since 2021. Enthusiasts are waiting to see if it can achieve a new record high during the current rally.

US Regains Primacy in Crypto Market on Trump Agenda, ETF Demand

(Bloomberg) -- The crypto market’s center of gravity is back in the US as 2025 approaches, courtesy of Donald Trump’s reelection to the presidency and widening demand for the nation’s digital-asset funds and derivatives contracts.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movem

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Should You Buy Dogecoin After Its 31% Dip?

Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading into 2025 with the wind at its back, thanks to a more favorable regulatory environment and continued support from the world's richest person, Elon Musk. Elon Musk has been a big supporter of Dogecoin since 2021, when he regularly promoted it on social media and even during his appearance on Saturday Night Live (SNL) in May of that year.

Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up

Options expiry looks to stir things up in a market that appears highly leveraged to the upside, Deribit said.

Bitcoin Lull Could Spur Altcoin Rally, With $90K Considered 'Attractive' Buying Area

High volatility can be good for option buyers because it increases the chance that the option will be “in-the-money” (profitable) at some point before expiry — creating profit for buyers.

MicroStrategy mania exposes rare faultline in ETF industry

The sheer popularity of betting on the bitcoin-buying juggernaut MicroStrategy has led to rare growing pains in a corner of the $15tn global...

Bitcoin Pares Early Loss After First Weekly Drop Since Trump Won

(Bloomberg) -- Bitcoin pared earlier losses after capping its first weekly decline since Donald Trump’s election victory, while many smaller tokens turned higher on the day. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisThe largest digital asset

The Protocol: Trump Makes More Pro-Crypto Appointments

Also in this issue: Aptos Labs' leadership shift and Sonic's airdrop to TikTok users.

Singapore Pulls Ahead of Hong Kong in Race to Be Crypto Hub

(Bloomberg) -- Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisSingapore doled out 13 crypto licen

Why Cryptocurrencies Bitcoin, Dogecoin, and XRP Are Stumbling Today

Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025. The price of Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, traded about 4% lower from late afternoon but also fell significantly over the weekend. The price of Dogecoin (CRYPTO: DOGE) traded 3.2% lower, while XRP (CRYPTO: XRP) had fallen 3.1%.

Dogecoin tumbles over 25% as memecoins battered by crypto pullback

Memecoins often experience harsher selloffs than “more established” cryptocurrencies.

IRS Calls Crypto Staking Taxable Amid Ongoing Lawsuit

The outcome of this case could set the tone for the broader regulatory environment surrounding proof-of-stake networks like Ethereum, Cosmos, and Polkadot.