The cryptocurrency hit $82,000 as a rally that began after President-elect Donald J. Trump’s election gained steam.
Category: Virtual Currency
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The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.
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Bitcoin Hits a Record as Crypto Investors Root for a Trump Win
Bitcoin’s price went above $75,000, breaking the record that the digital currency set in March.
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Bitcoin and Crypto, Promoted by Trump, Brace for Election Volatility
Many crypto investors hope that a victory for Donald Trump could propel the price of Bitcoin to new heights, though a loss could cause a fall.
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Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
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Kraken Lays Off 15 Percent of Workers and Names New Co-Chief Executive
The influential cryptocurrency exchange has undergone several reorganizations in recent years.
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Is the Trump Trade Back?
Market observers see signs that investors increasingly believe Donald Trump will win the election, but there may be alternate explanations for a shift in sentiment.
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The Downfall of FTX’s Ryan Salame and Crypto Advocate Michelle Bond
Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple. Now they both face prison time.
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Caroline Ellison Sentenced to Two Years in Prison for Role in FTX Fraud
A top adviser to Sam Bankman-Fried, the disgraced founder of FTX, Ms. Ellison pleaded guilty to conspiring with him to steal $8 billion and became a crucial witness for the prosecution.