Cryptocurrencies have been catapulted into the spotlight as investors wager on Trump’s friendlier stance
Speakers at the two-day Abu Dhabi event include Trump’s son Eric as well as billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World Liberty Financial
The rally has minted millionaires, a new asset class and popularised the concept of decentralised finance
President-elect Donald Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet”
Retail investors have dominated flows into the new ETFs, with only a handful of large institutions having publicly disclosed positions in regulatory filings
Legitimate activity is growing more quickly than illicit activity, but stolen funds and ransomware activity continued to rise in 2024
Crypto markets have benefited this year after the US regulators approved an exchange-traded fund
Cryptocurrencies have been supported by excitement around the US Securities and Exchange Commission’s move to approve bitcoin exchange-traded funds
Bitcoin halving is a technical event that occurs approximately every four years, reducing the reward for mining new Bitcoin by half
The world’s biggest and best-known cryptocurrency is down 16.2 per cent from the year’s high of $73,794 on March 14
The world’s most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds
The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds
The cryptocurrency has gained 50 per cent this year and most of the rise come in the last few weeks where trading volume has surged for US-listed bitcoin funds
The approval and launch of spot bitcoin ETFs in the US this year has opened the asset class to new investors and reignited the excitement that was sapped in the “crypto winter” of 2022
The cryptocurrency has risen 16.3 per cent so far this year, on Monday touching its highest since December 27, 2021
The regulator approved 11 applications, including from BlackRock, despite warnings from some officials and investor advocates that the products carried risks
Cryptocurrency markets are abuzz with the prices of Bitcoin and Ether rising sharply in the first few days of 2024
The cryptocurrency is up more than 150 per cent in 2022 alone and there’s now further momentum in this market amid hopes around future interest rates.
As crypto prices see-saw ahead of their next swerve, the market for “tokenisation” may finally be reaching a critical mass
The largest digital-asset by market value fell as much as 4.2 per cent
The token edged below $30,000 as of 10:05am Friday in Singapore
The largest cryptocurrency was steady at $27,630 as of 12:05 pm in Singapore on Wednesday
Smaller tokens ranging from Ether to Binance Coin also posted gains
Bitcoin’s 73 per cent rebound in 2023 from last year’s crypto rout has stalled around the $30,000 level
The largest token rose as much as 3.7 per cent on Thursday
Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore
The largest token fell as much as 4.5 per cent on Wednesday
The digital currency has jumped 78 per cent this year
However, it is still down more than 50 per cent from its all-time high in November 2021
Bitcoin’s revival has helped the digital-asset market add about $390bn in value in 2023 after a $1.5tn rout last year