LND topic: cryptocurrency page 57

cryptocurrency

Crypto Prices Jump as Trump Wins Election

November 12, 2024

Bitcoin and other cryptocurrencies saw big price increases after Donald Trump won the U. S. presidential election. Bitcoin hit a new high of over $88, 000, showing a 10% jump on Monday alone. This comes after an earlier 9% rise on Wednesday when early election results suggested Trump's win in both t

sports

Bitcoin and Brady: How the NFL Star’s Crypto Bet Paid Off

November 12, 2024

Tom Brady, the legendary NFL quarterback, made headlines by converting part of his $6. 5 million salary into Bitcoin. This move, inspired by Russell Okung, who was the first NFL player to receive half of his salary in Bitcoin, turned out to be a smart financial decision. In just a few years, Brady's

business

Bitcoin Buying Spree: MicroStrategy's Big Bet on Crypto

November 12, 2024

In the days following the U. S. presidential election, Bitcoin has seen a significant surge. This is partly due to promises made by President-elect Donald Trump to support cryptocurrency. One major player in this space is MicroStrategy, which has been on a Bitcoin buying spree. In early November, M

finance

Bitcoin ETF Outshines Gold, Reaches New Heights

November 12, 2024

Imagine this: a fund based on a digital currency you might have heard of called Bitcoin has just overtaken a long-standing investment in gold. The iShares Bitcoin Trust (IBIT) is now worth more than the iShares Gold Trust (IAU), which has been a favorite among traditional investors. By Friday, IBIT

finance

Binance and CZ Face Massive Lawsuit from FTX

November 11, 2024

Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu

finance

Crypto and Stocks Boom After Election Surprise

November 11, 2024

Bitcoin, the popular cryptocurrency, broke its own record by hitting over $80, 000 shortly after Donald Trump's presidential victory. This big win sent shockwaves through the crypto market, causing Bitcoin's value to skyrocket. At the same time, stock markets were celebrating too, reaching their hig

finance

Bitcoin's Historic High: $80, 000 and Beyond

November 10, 2024

On a Sunday filled with excitement, Bitcoin reached a new peak, hitting $80, 000 for the first time. This incredible surge was part of a broader rally in cryptocurrencies, with Bitcoin's price jumping by nearly 5% to $79, 800. 19. Ethereum, the second-largest cryptocurrency, also saw a rise, climbin

crypto

Crypto Investors and Climate Concerns: A Look at Ethereum's Big Shift

November 9, 2024

You might have heard about Ethereum's big change from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This change was meant to reduce the energy use of mining Ether, the cryptocurrency. Researchers looked into how investors reacted to this change. They studied how Ethereum (ETH), Ethereum Classic (ETC)

crypto

Passing on Crypto: A New Way

November 9, 2024

Have you ever thought about what happens to your digital money when you're gone? It's a strange question, but an important one. The world of cryptocurrency is growing, and so is the need to handle it like any other asset. You might be surprised to learn that there's no easy way to inherit crypto rig

finance

Ex-FTX Exec Ellison: Behind Bars After Fraud

November 8, 2024

In a turn of events, Caroline Ellison, the former head of Alameda Research, reported to a federal prison in Connecticut on Thursday. This comes after her sentence of two years in prison last September for her role in the massive cryptocurrency fraud involving FTX. Ellison, who was a crucial witness