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View GBTC on Yahoo Finance →2025-01-15
Trump's new SEC leadership poised to kick start crypto overhaul, sources say
Jan 15, 2025, 10:12 AM
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency's cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes power, said three people briefed on the matter. Among the measures commissioners Hester Peirce and Mark Uyeda are weighing are initiating the process that would ultimately lead to guidance or rules clarifying when the agency considers a cryptocurrency to be a security, and reviewing some crypto enforcement cases pending in the courts, two of the people said. Paul Atkins, Trump's crypto-friendly pick for SEC chair and former agency commissioner, is widely expected to end a crypto crackdown led by President Biden's Democratic SEC chair Gary Gensler, but it is unclear when the Senate will confirm him.
2025-01-01
How $10,000 Fared in 2024 Across a Range of Standout Investments
Jan 1, 2025, 7:44 AM
(Bloomberg) -- Wars in Europe and the Middle East. Global political upheaval. Angst over a potential US recession. These and other pitfalls stalked markets in 2024 but in the end investors who embraced risk reaped the rewards.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMigrant Crisis Pushed US Homelessness to Record High in 2024Relatively constrained volatility across assets provided a foundation for the gain
2024-12-24
MicroStrategy mania exposes rare faultline in ETF industry
Dec 24, 2024, 5:03 AM
The sheer popularity of betting on the bitcoin-buying juggernaut MicroStrategy has led to rare growing pains in a corner of the $15tn global...
2024-12-18
El Salvador gets IMF $1.4bn deal after scaling back bitcoin bet
Dec 18, 2024, 10:55 PM
In 2021, El Salvador became the first country in the world to make bitcoin acceptance mandatory.
2024-12-10
Eric Trump Promises the ‘Most Pro-Crypto President’ in History
Dec 10, 2024, 3:20 PM
Speaking at a Middle East conference, President-elect Donald J. Trump’s son said his family had embraced cryptocurrency because some banks stopped doing business with them after Jan. 6.
2024-12-05
Bitcoin hits $100,000 for the first time ever
Dec 4, 2024, 9:52 PM
Bitcoin prices surpassed the $100,000 mark for the first time ever, crossing the milestone in the wake of a record-breaking surge in the aftermath of the election.
Trump congratulates bitcoiners — El Salvador's Nayib Bukele takes victory lap with bitcoin over 100K
Dec 5, 2024, 10:33 AM
President-elect Trump congratulates bitcoiners and El Salvador's President Nayib Bukele takes victory lap after bitcoin surpasses $100,000.
2024-12-04
Trump Picks Paul Atkins to Run the S.E.C.
Dec 4, 2024, 12:59 PM
Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.
2024-11-22
Trump's potential pick for SEC chair details three-step plan to end 'war on crypto'
Nov 22, 2024, 1:00 PM
With Gary Gensler out of the SEC picture, Commissioner Mark Uyeda says the "war on crypto" will end as the agency eyes who will become the next chair.
2024-11-07
SEC commissioner backs Trump’s plan to end crypto crackdown
Nov 7, 2024, 7:05 PM
Republican SEC Commissioner Mark Uyeda suggests pausing new enforcement actions against firms that have failed to register with the commission until clear rules of the road in place
2024-10-30
How FTX’s Young Executives Shattered Their Parents
Oct 30, 2024, 5:02 AM
As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives.
2024-10-18
Bitcoin: Alleged hacker Googled 'signs the FBI is after you'
Oct 18, 2024, 6:08 AM
A man from Georgia is alleged to be part of a group which hacked the US regulator's X account.
2024-10-10
SEC commissioner confesses its crypto approach has fueled 'disaster for the whole industry'
Oct 10, 2024, 10:05 AM
SEC Commissioner Mark Uyeda says Crypto.com's recent lawsuit against the agency is part of a broader frustration with the lack of interpretive guidance for cryptocurrency.
The Downfall of FTX’s Ryan Salame and Crypto Advocate Michelle Bond
Oct 10, 2024, 5:00 AM
Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple. Now they both face prison time.
2024-10-09
Thoma Bravo Founder and Managing Partner Orlando Bravo has the latest on the investment into the crypto exchange on 'The Claman Countdown.'
2024-10-07
FTX: Customers of failed crypto firm set for refunds
Oct 7, 2024, 5:05 PM
The agreement will put an end to a saga that started when the firm went bankrupt in November 2022.
2024-09-24
Caroline Ellison Sentenced to Two Years in Prison for Role in FTX Fraud
Sep 24, 2024, 4:17 PM
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.
2024-09-23
SEC commissioner previews Capitol Hill grilling of Chair Gary Gensler
Sep 23, 2024, 4:40 PM
The House Financial Services Committee will grill all five members of the Securities and Exchange Commission, including Chairman Gary Gensler this week.