Institutional interest in cryptocurrencies is up, as is evident from the increased volumes in Bitcoin and Ethereum exchange-traded funds (ETFs)
The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49 per cent at $93,158
The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs
Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry
Japan's Nikkei fell 0.3 per cent. South Korea's Kospi lost 0.9 per cent and Taiwan's benchmark slipped 0.7 per cent
The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday
With a Trump administration expected to take a softer line on cryptocurrency regulation, bitcoin is another potential winner
Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules
The digital asset fell 4.7 per cent on Tuesday, the most in nearly a month, after Iran fired about 200 ballistic missiles at Israel in a sharp but brief escalation of hostilities between 2 adversaries
Crypto kiosks dominate the cash-to-crypto industry, which has processed at least $160 million in illicit volumes globally since 2019, according to TRM
The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York
Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs
A government bitcoin stockpile could shore up bitcoin's price.
His public backing of crypto undoubtedly boosted investor optimism. The price of Bitcoin surged to almost US$70,000 on July 29, its highest level in more than six weeks, before dropping to US$62,000
WazirX will socialise the loss and distribute its impact across all the users on the platform
Trump's chances of becoming president again increased after today's developments, according to PredictIt data
Trump presented himself during a San Francisco fundraiser in June as a champion for cryptocurrencies and slammed Democrats' attempts to regulate the sector
On top of that, administrators of the failed Mt. Gox exchange are returning an $8 billion hoard of Bitcoin to creditors in stages
Bitcoin trading gained notoriety for its "Wild Weekends," where the digital currency would experience wide price fluctuations
A gauge of the largest 100 digital assets fell about 5% in the seven days through Sunday, the steepest such slide since April, data compiled by Bloomberg show