• November 12, 2024

Here's How Much $100 In Dogecoin Today Could Be Worth If DOGE Hits New All-Time Highs

Cryptocurrency Dogecoin (CRYPTO: DOGE) is having a moment once again with the meme crypto soaring over 80% in the last week, helped by increased interest in the cryptocurrency after Donald Trump's 2024 election win and Elon Musk's anticipated role leading the Department of Government Efficiency, or D.O.G.E. for short. Despite the rising valuation for Dogecoin over the past several weeks, the meme crypto still trades significantly lower than its all-time high in May 2021. Here’s a look back and h

  • November 12, 2024

Bitcoin nears $90,000 as crypto market exceeds pandemic-era peak

(Bloomberg) -- Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe larges

  • November 12, 2024

Morning Bid: Bitcoin sparkles as Trump trades roll on

With President-elect Donald Trump's Republican Party looking likely to claim a majority in both chambers of Congress, the so-called Trump trades are showing no signs of easing. Data provider DDHQ projected that the Republican Party had won a majority in the U.S. House of Representatives. Edison Research has not yet projected House control.

  • November 12, 2024

Dollar climbs with bitcoin as Trump trades ramp up; euro, yuan battered

TOKYO (Reuters) -The U.S. dollar rose toward a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The euro languished near an almost seven-month trough reached overnight, and the yuan slumped to a more than three-month low with Europe and China both major targets of potential Trump tariffs. Trump has vowed to make the United States "the crypto capital of the planet".

  • November 12, 2024

Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly. It is surging along with Elon Musk's automaker Tesla, which is up nearly 40% since voting results rolled in as investors figure Trump's friends and interests will do well while he is in office. "Obviously (it's) a clear Trump trade as he is so supportive of the industry, and this can only mean more demand both for crypto stocks as well as the currencies themselves," said Nick Twidale, chief market analyst at ATFX Global in Sydney.

  • November 11, 2024

Bitcoin has topped $87,000 for a new record high. What to know about crypto's post-election rally

As money continues to pour into crypto following Donald Trump's victory last week, bitcoin has climbed to yet another record high. This kind of currency is designed to work through an online network without a central authority — meaning it's typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain.