Elon Musk’s Department of Government Efficiency (DOGE) has saved US taxpayers $36.7 billion, prompting calls from crypto industry leaders for greater transparency in government spending through blockchain technology. According to Doge-tracker data, the savings represent just 1.8% of Musk’s goal to reduce US government spending by up to $2 trillion. Musk outlined this vision during […]
Cryptocurrency
Dogecoin Adoption Grows As Canadian Blockchain Firm Buys 1 Million Tokens
The cryptocurrency world is abuzz with Neptune Digital Assets Corp.’s recent acquisition of a substantial chunk of Dogecoin. The publicly-traded Canadian corporation has acquired a cool 1,000,000 DOGE units, apparently unconcerned by the erratic character of the meme-coin market. This is a bold move, indicating a strong conviction for the long-term viability of a cryptocurrency […]
New warning after Arizonans lose millions in Bitcoin ATM scams
New ATMs are popping up across the state, but these machines don’t dispense any money. Instead, you deposit money and get cryptocurrency in return. But thanks to scammers, some are finding once they make that deposit, the money is gone forever. “It really sounded legitimate,” Tamara Glerum said. Glerum thought she was doing everything right. […]
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
Strategy, the largest corporate holder of bitcoin, said it’s almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally. The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107 bitcoins on […]
US Sovereign Wealth Fund dashes hopes of Strategic Bitcoin Reserve
Hopes of a US Strategic Bitcoin Reserve took another knock this weekend after Donald Trump’s surprise executive order about a non-bitcoin US Sovereign Wealth Fund. At the press conference covering the order’s signing, pro-Tether Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent told the president that they would explore warrants, equity, and other non-bitcoin […]
El Salvador Walks Back Its Bitcoin Law
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country’s Bitcoin Law, effectively removing bitcoin’s status as legal currency. On January 29, the assembly—controlled by President Nayib Bukele’s New Ideas Party—passed the legislation with a 55–2 […]
Bitcoin slides toward $90,000 after Trump orders tariffs
Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 7% at $93,768.66, according to Coin Metrics. The CoinDesk 20 index, which measures the largest 20 digital assets by market cap, dropped 19%. Ether slumped 20% […]
Bitcoin: Buy the Dip?
In the cryptocurrency market, 2025 was supposed to be the year of Bitcoin (BTC -1.62%). But Bitcoin recently dipped below the all-important $100,000 price level, marking the first time this has happened during the Trump presidency. Investors new to crypto are understandably concerned. However, for longtime crypto investors, this is nothing new. They know exactly what to do anytime Bitcoin […]
Trump Tariff Promise Snuffs Out Bitcoin Rally for Second Consecutive Day
It’s deja vu all over again in crypto after a hopeful report on a tariff delay was refuted by the White House. To review, President Trump on Thursday promised to impose 25% tariffs on Mexico and Canada beginning Saturday Feb. 1. Having rallied over $106,000 prior to that news, bitcoin (BTC) quickly reversed 2% lower […]
Bitcoin price soars past $105,000 as the Fed says US banks can serve crypto clients
Bitcoin (BTC-USD) soared past $105,000 (£84,359) following the Federal Reserve’s decision to keep interest rates steady, with Fed chair Jerome Powell indicating that banks can serve crypto clients — provided they manage the risks effectively. Bitcoin rallied 3% to now trade at just over $105,000 on Thursday, after dipping to $101,800 on Wednesday, marking its […]