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The scheme promised 20x returns through investing in tokens that in reality had little value.

Investment firm Ark Invest has predicted that a second Trump presidency may bring a sea change in the crypto landscape of the United States.

In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.

(Bloomberg) -- Venture capital investment in the cryptocurrency sector fell significantly in the third quarter before President-elect Donald Trump’s electoral surge revived industry sentiment.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo Distri

(Bloomberg) -- A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe digital asset is up about 32% in the wake of Trump’s Nov. 5 election victory, hitting a record

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase CEO Brian Armstrong on Tuesday called the "dawn of a new crypto era."