The Number of Crypto Millionaires Has Boomed
A report from consultancy Henley & Partners found the number of those with more than $1 million in cryptocurrencies nearly doubled this year.
A report from consultancy Henley & Partners found the number of those with more than $1 million in cryptocurrencies nearly doubled this year.
Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer regulatory stance on the industry are planning to raise at least $100,000 for the Democratic nominee at a Sept. 13 Washington fundraiser. The grassroots event is scheduled to take place between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, and aims to bring together a diverse group of donors, the organizers told Reuters. Tickets to the fundraiser range from $500 to $5,000, said Cleve Mesidor, executive director of the Blockchain Foundation and one of the organizers.
The wirehouse will increase its active offerings over the next three to five years.
Last year, the government recorded $4.57 billion in losses from investment fraud, but this figure is likely an underestimate.
The plaintiffs hoped to win $258 billion in damages, but the judge permanently dismissed the case.
Musk said he had bought Dogecoin for his son and that it could be the future currency of the earth.
It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.
Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University.
(Bloomberg) -- Bitcoin trails traditional assets in August as the month draws to a close, hampered by ebbing liquidity and lingering worries that governments may sell from their stockpiles of the cryptocurrency.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospital
US stocks wavered, poised to end a wobbly week on a high note as the latest reading of the Federal Reserve's preferred inflation gauge bolstered rate-cut hopes.