Analysis: Cryptocurrencies

Vance says US should use bitcoin as an advantage in rivalry with China

China's wariness of bitcoin should encourage the U.S. to embrace the world's largest cryptocurrency and build on its strategic advantage in the digital asset, U.S. Vice President JD Vance said on...

Telegram, Musk-owned xAI partner to distribute Grok to messaging app's users

Elon Musk's AI startup xAI will pay Telegram $300 million to deploy its Grok chatbot on the messaging app, aiming to tap the platform's more than one billion users and sharpen its competitive edge in...

US banks tiptoe toward crypto, awaiting more green lights from regulators

NEW YORK -Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on...

Trump Media to raise $2.5 billion to invest in bitcoin

Trump Media and Technology Group will raise about $2.5 billion to invest in bitcoin, U.S. President Donald Trump's social media company said on Tuesday, as it looks to diversify its revenue. ...

Trump Media to raise $3 billion to spend on cryptocurrencies, FT reports

U.S. President Donald Trump's social media firm, Trump Media & Technology Group, plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday,...

Musk says he'll resume working '24/7' at his companies, X outage mostly restored

Elon Musk's social media platform X was largely restored for most users after an outage that impacted tens of thousands of users in the United States on Saturday, according to outage tracking website...

Exclusive-Musk's DOGE expanding his Grok AI in U.S. government, raising conflict concerns

Billionaire Elon Musk's DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, said three people familiar with the matter, potentially...

Towards an oligopoly of validators on Ethereum? - Crypto Recap

Ethereum is at a turning point: after winning over financial institutions with its ETFs, the focus is now on institutional staking. With 3.3 million ether already in the coffers of major funds, the...

Telegram 'surprised' as Vietnam orders messaging app to be blocked

HANOI -Vietnam's technology ministry has ordered telecommunication service providers to block the messaging app Telegram for not cooperating in combating alleged crimes committed by its users, in a...

Wealthy foreign crypto investors descend on President Trump's golf club for $148 million meme coin dinner

STERLING, Virginia -Buyers of President Donald Trump's meme coin converged from around the globe on Thursday for an exclusive dinner at his private country club, overlooking the Potomac River, just...

Bitcoin at $109K: How high can this bull run go?

Bitcoin hits a new all-time high of $109,650 as market sentiment turns euphoric. With bullish technicals, ETF inflows, and macro tailwinds, analysts eye $150K—$250K targets for BTC by the end of the...

Bitcoin surges to all-time peak as crypto sentiment improves

LONDON/NEW YORK -Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month's tariff-induced...

SEC charges Unicoin and executives for fraud

The U.S. Securities and Exchange Commission on Wednesday charged cryptocurrency company Unicoin and three of its top executives, including its CEO and Board Chairman Alex Konanykhin, for false and...

Massachusetts college student to plead guilty to PowerSchool data breach

BOSTON -A Massachusetts college student has agreed to plead guilty to hacking cloud-based education software provider PowerSchool and stealing data pertaining to millions of students and teachers...

US DOJ opens investigation into Coinbase's recent cyberattack

The U.S. Department of Justice has opened a probe into a recent breach at the world's largest cryptocurrency exchange Coinbase Global, the company said on Monday. We have notified and...

How Trump's crypto business partners left their old clients in the lurch

In May last year, Jonathan Lopez invested about $1 million worth of cryptocurrency in Dough Finance, a small trading platform that made it easy to make risky bets using borrowed funds. ...

Coinbase joins the S&P 500 giants - Crypto recap

Coinbase makes history. From a controversial crypto company targeted by the SEC to an official member of the S&P 500, the US exchange has made a spectacular comeback. Wall Street is no longer looking...

Institutional investors juggle bitcoin ETF holdings, US filings show

A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent...

2 massive black market services blocked by Telegram, messaging app says

WASHINGTON -Two sprawling digital black markets operating on the communications platform Telegram have been removed, the service said on Thursday. Xinbi Guarantee and Huione Guarantee -...