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Bitcoin (CRYPTO: BTC) smashed through the (mostly psychological) $100,000 barrier, just 14 years after it passed the $1 mark for the first time. The moment comes as Bitcoin is in the midst of a nearly 50% rally since early last month. Several catalysts are likely responsible, but the most recent is certainly the election of Donald Trump.

The popular NFT collection Pudgy Penguins has announced plans to launch its cryptocurrency, Pengu, this month.

U.S. President-elect Donald Trump has appointed David O. Sacks, founder of Yammer and former COO of PayPal, as the new “White House A.I. and Crypto Czar.”

Buoyed by lingering optimism following the presidential election, they recently got an extra boost when one of their ilk finally vaulted over a very high price level. For example, as of early Friday morning, according to data compiled by S&P Global Market Intelligence, adorable dog-themed meme token Shiba Inu (CRYPTO: SHIB) had advanced by almost 18% and the more utilitarian Cardano (CRYPTO: ADA) was up by 12%.

Future Fund LLC Managing Partner Gary Black criticized Tesla Inc.‘s (NASDAQ:TSLA) Bitcoin (CRYPTO: BTC) holdings Wednesday, arguing they have minimal impact on the electric vehicle maker’s stock value as the cryptocurrency reached record highs. What ...

The president-elect is, shall we say, all in.

The price of bitcoin dramatically slumped late Thursday before pulling back, but remains below the historic $100,000 level. Here’s what analysts are saying that means for the latest rally.