On December 5, 2024, Donald Trump announced that venture capitalist David Sacks will take on the newly created position of White House czar for artificial intelligence and cryptocurrency. Trump highlighted the importance of these sectors for America’s future competitiveness in a post on Truth Social. Sacks, known for co-founding Craft Ventures and his early role ...
On December 5, 2024, Donald Trump appointed David Sacks, a venture capitalist and co-founder of Craft Ventures, as the White House czar for artificial intelligence and cryptocurrency. Sacks, known for his role as the early COO of PayPal and founder of the social network Yammer, has been influential in the tech industry and is part ...
Bitcoin’s price has rebounded to $97,000 after dropping to $90,500 following a peak of $104,088. Ethereum is showing strong movement above $3,454, with the potential to reach $4,000 soon. In contrast, Ripple experienced a rise over the week but faced rejection at $3, suggesting it may continue to decline. Currently, Bitcoin and Ethereum display signs ...
President-elect Donald Trump has appointed David Sacks, the former COO of PayPal, as the White House’s artificial intelligence and cryptocurrency czar. Sacks, a successful venture capitalist from San Francisco, is recognized for his support of Trump during the 2024 campaign. In this pivotal role, he will focus on shaping U.S. policies in AI and cryptocurrency, ...
Bitcoin recently hit a historic high of over $103,000, buoyed by optimism surrounding a crypto-friendly regulatory landscape under President-elect Donald Trump’s administration. Trump’s election has driven a more than 40% rally in Bitcoin since November, and he publicly celebrated the milestone on social media, suggesting that the crypto community can thank him for the surge. ...
A man from Nebraska, Charles O. Parks III, pleaded guilty to a large-scale cryptojacking operation after his arrest in April. He rented cloud computing from two major providers, amassing a bill of $3.5 million while mining around $970,000 worth of cryptocurrency without ever paying. Parks used various aliases and created multiple accounts to access powerful ...
Donald Trump has announced that he will appoint David Sacks, a venture capitalist from Craft Ventures, as the new “tsar” for artificial intelligence and cryptocurrency. This role highlights Trump’s goal to strengthen the U.S. position in these rapidly growing industries. In his statement, Trump emphasized that Sacks would shape policies to ensure America leads globally ...
After reaching the long-awaited $100,000 mark, Bitcoin experienced a rapid drop, falling below $94,000 just hours later. Traders celebrated the milestone, but the excitement quickly turned to concern as nearly 6% was wiped off its value in a short sell-off. Analysts suggest that large-scale liquidations, particularly from leveraged positions, triggered this sudden decline, with over ...
Bitcoin’s price briefly fell below $92,000, marking a steep decline of over 10% from its record high. This sudden drop caused more than $1 billion in liquidations across the cryptocurrency Market within just 24 hours, with the majority coming from long positions. However, Bitcoin quickly bounced back to around $96,500, indicating strong demand despite the ...
Donald Trump has appointed David Sacks, a venture capitalist from Craft Ventures, as his artificial intelligence and cryptocurrency tsar. This new role highlights Trump’s commitment to advancing these fast-growing sectors in the U.S. Sacks will be responsible for shaping policy in these critical industries to ensure American leadership globally. In addition, he will chair the ...
