bitcoin

A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales, after a court dismissed his lawsuit against the Newport City Council. The man hoped to search a landfill for a hard drive he accidentally threw away more than a decade ago holding Bitcoin now worth $750 million.

Bitcoin (BTC) sold for over $100,000 in Wednesday evening trading, hitting another all-time high benchmark value in its nascent bull run.

President of El Salvador Nayib Bukele shared a photo of the country’s Bitcoin cryptocurrency portfolio on Thursday, showing that the country has over $573 million worth of bitcoin and a 113.84 percent profit as a result of the cryptocurrency’s recent surge in value.

The cryptocurrency community is basking in the glow of a major political victory following the reelection of Donald Trump after pouring over $200 million into campaigns and political action committees.

Former President Donald Trump was seen passing out hamburgers at a Bitcoin bar in New York City on Wednesday, before his rally in Uniondale.

A super PAC funded overwhelmingly funded by venture capitalist firm Andreessen Horowitz is bankrolling anti-crypto Democrats in battleground Senate races, enraging pro-crypto Republicans.

Cryptocurrency executives on Thursday reportedly yelled at the anti-crypto Biden-Harris administration during a meeting meant to repair relations between crypto and the White House.

David Marcus, CEO of Lightspark and a former Meta executive who has emerged as a leader in the crypto space, has publicly endorsed Donald Trump for the upcoming U.S. presidential election, explaining why he has abandoned his previously strong connection to the Democrat party.

Trump’s campaign raised $25 million in one night at a Saturday cryptocurrency fundraiser in Nashville, sources confirmed to Breitbart News.

Former President Donald Trump speaks at the Bitcoin Conference in Nashville on Saturday, July 27.

The Republican National Committee (RNC) panel on Monday approved a draft of the 2024 party platform, which backs Bitcoin and promises to end Democrats’ “un-American crackdown.”

Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, on Thursday announced they have donated $2 million in bitcoin to former President Donald Trump’s reelection campaign, citing the Biden administration’s “war against crypto.”

Former President Donald Trump gave his personal support to cryptocurrency at a special event for Trump non-fungible token (NFT) holders Wednesday who were gathered at his Mar-a-Lago resort in Florida.

El Salvador will offer 5,000 free passports to “highly skilled” foreign scientists, engineers, doctors, artists, and philosophers.

Salvadoran President Nayib Bukele announced on Thursday evening that the Central American country has moved some $400 million worth of Bitcoin cryptocurrency assets to a “cold wallet” secured in a physical vault in the country’s territory.

Sen. Cynthia Lummis railed against Biden’s “absurd” scheme to survey electricity consumption from the cryptocurrency mining industry.

The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first spot bitcoin exchange-traded funds (ETFs), signifying significant progress in the integration of cryptocurrency into mainstream financial markets.

After nearly a decade of pushing back against bitcoin ETFs, the SEC reluctantly approved 10 funds on Wednesday.

Bitcoin experienced significant price fluctuations recently after a false announcement claimed the U.S. Securities and Exchange Commission (SEC) had approved the first-ever U.S. spot bitcoin exchange-traded funds (ETFs).

Sen. Cynthia Lummis (R-WY), a leading advocate for digital currencies, endorsed Ohio Senate Republican candidate Bernie Moreno’s bid to oust the anti-crypto Sen. Sherrod Brown (D-OH).

Senate Banking Committee Chairman Sherrod Brown’s (D-OH) anti-digital currency stance pits him against pro-crypto Senate Republican candidate Bernie Moreno, who has championed moves to turn Cleveland into a crypto hub.

During a Senate Banking Committee hearing, JPMorgan Chase CEO Jamie Dimon expressed strong opposition to cryptocurrencies, suggesting that the government should ban them.

Jimmy Zhong, initially a victim of a cryptocurrency theft, has emerged as the criminal mastermind behind one of the most colossal bitcoin thefts in history, ending the mystery of a $3 billion theft from the dark web’s infamous marketplace, Silk Road.

An FBI investigation has uncovered a shadowy “cash-for-Bitcoin” scheme in New York City, where a group has been accused of laundering at least $30 million through a covert service aimed at helping crooks wash cryptocurrency they steal.

Members of the House Financial Services Committee from both parties, including GOP whip Rep. Tom Emmer (R-MN) have written to the SEC urging the agency to stop blocking the approval of various cryptocurrency ETFs.

The U.S. Securities and Exchange Commission has accepted six spot bitcoin exchange-traded funds (ETF) applications for review. The agency has taken an aggressive stance against cryptocurrencies under President Joe Biden.

Democratic presidential candidate Robert F. Kennedy Jr. told attendees at the Bitcoin 2023 conference in Miami Beach, Florida, Friday he would defend the digital currency as a check on centralized government power.

It isn’t a surprise big financial institutions welcomed these rules: they have the resources to comply while SMEs may not.

The collapse of Silicon Valley Bank has resulted in finger-pointing and blame being passed around the financial tech industry. The cryptocurrency sector and the traditional tech sector are busy blaming each other over the massive failure of the tech industry’s favorite bank.

Without proper regulatory oversight, FTX will not be the last crypto exchange to collapse, Breitbart Economics Editor John Carney explained.

Cryptocurrencies like Bitcoin should be banned due to their “excessive ecological footprint”, a top European Central banker said this week.

Cryptocurrency lender and financial services firm BlockFi has filed for bankruptcy as the fallout of Democrat super donor Sam Bankman-Fried’s FTX exchange collapsing continues to spread.

According to a recent report from Coindesk, more than 50 percent of Bitcoin addresses are now in the red for the first time since the start of the coronavirus-induced crash of March 2020.

FTX founder Sam Bankman-Fried may have inflated the amount of funds on his failed exchange by “exaggerating the returns or stuffing them,” Breitbart Economics Editor John Carney explained.

El Salvador marked the anniversary of its adoption of bitcoin as legal tender this month following a year of dramatic ups and downs fueled by severe crashes in the value of the cryptocurrency.

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