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Saylor-led Strategy’s quarterly losses widen as bitcoin faces another reckoning
Strategy posted a wider fourth-quarter loss as bitcoin volatility dragged down the value of its massive crypto holdings, sending shares lower despite Michael Saylor’s confidence in long-term regulatory and institutional support.
Trump signs GENIUS Act, setting stablecoin regulations
WASHINGTON (AP) — President Donald Trump on Friday signed into law new regulations for a type of cryptocurrency, a major milestone for an industry that has spent heavily to strengthen its legitimacy and political might. The GENIUS Act sets initial guardrails and consumer protections for stablecoins, which are tied to assets like the U.S. dollar to reduce […]
Bitcoin tops $118,000 for the first time, and keeps on going
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S. dollar and the digital currency friendliness of President Donald Trump‘s administration has also helped to push the price of bitcoin to unprecedented levels recently. Last month the Senate passed legislation th[...]
Democrats block stablecoin bill as they raise concerns about Trump’s crypto ventures
Senate Democrats stall stablecoin bill over corruption concerns tied to Trump, delaying key crypto legislation aimed at regulating digital dollar tokens.
