The presumptive Republican presidential nominee, Donald Trump, announced late Tuesday afternoon that he would accept donations in Bitcoin, Ether, Dogecoin, Solana, and other cryptocurrencies. With this move, he has become the first major party candidate to embrace digital currencies.
Coinbase users’ accounts showed a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe.
Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin still crypto?
Nothing says luxury like tapping into a digital trend that is past its best days. Italian car manufacturer Ferrari announced its intention to let the bourgeoisie purchase its luxury vehicles using cryptocurrency.
Soulja Boy and Austin Mahone are two names in music you may not have heard in a while. After a bid to stay relevant by chasing the crypto bubble before it burst, the two musicians are now in the crosshairs of the Securities and Exchange Committee after their efforts to promote Tronix cryptocurrency.
If the spectacular failure of Sam Bankman-Fried’s FTX exchange wasn’t evidence enough, the crypto bubble has officially popped. Now, Bitcoin, one of the most widely used cryptocurrencies, has fallen to a two-month low.
