cryptocurrency

Why Stablecoins are Gaining Popularity

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. But as stablecoins move closer to the financial mainstream, experts warn that weak regulation could leave investors and the financial system vulnerable. What are ...

Now a believer, Trump hosts White House crypto summit

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy -- and where the Republican president faces conflict of interest concerns. US crypto investors were major supporters of Trump's presidential campaign, contributing millions of dollars toward his ...

Bitcoin Hits $90,000 For First Time Upon Trump's Support

Bitcoin reached a record high above $90,000 Wednesday as the world's biggest cryptocurrency benefits from president-elect Donald Trump's pledge to ease regulation around digital tokens. Bitcoin rallied to an all-time peak above $91,000 before easing to $90,670. The volatile asset has rocketed since Trump won last week's US presidential election, ...

Bitcoin to Surge to $200,000, Trump to Make US Crypto Hub

Cryptocurrency investors are buoyed by Donald Trump’s re-election and Republican control of the US Senate, given his support for digital assets. Many expect that the sector would benefit from a more favorable regulatory environment under a second Trump term. During the Bitcoin 202 conference, Trump pledged that, if he were to return to the White ...