Olga Kharif

Bitcoin is trading about 40% below its record price of over $126 000, which it reached on October 6.

The crypto industry watched with a grim foreboding as its landmark bill detonated on the Senate floor Tuesday. Blame first fell on Democrats, none of whom voted to advance it. But some of the industry’s own supporters pointed elsewhere: at President Donald Trump and the roughly $1.4 billion in income he generated from crypto ventures last year.

(Bloomberg) -- The crypto industry watched with a grim foreboding as its landmark bill detonated on the Senate floor Tuesday.

The crypto industry watched with a grim foreboding as its landmark bill detonated on the Senate floor Tuesday. Blame first fell on Democrats, none of whom voted to advance it. But some of the industry's own supporters pointed elsewhere: at President Donald Trump and the roughly $1.4 billion in income he generated from crypto ventures last year.

Donald Trump Jr., Chase Herro and a group of their business partners descended on Manhattan’s Jazz at Lincoln Center concert hall last year to promote an expansive vision for World Liberty Financial, the Trump family’s cryptocurrency venture.

(Bloomberg) -- Donald Trump Jr., Chase Herro and a group of their business partners descended on Manhattan's Jazz at Lincoln Center concert hall

Blockchain Group Holdings Inc., one of the oldest crypto services companies, is telling prospective investors it wants to go public this year, according to people familiar with the matter, as the crypto market begins to thaw.

(Bloomberg) -- Blockchain.com Group Holdings Inc., one of the oldest crypto services companies, is telling prospective investors it wants to go

On Sept. 18, Tether gathered more than a hundred people for a black-tie soiree in Charlotte, North Carolina. The guests had come to celebrate the imminent opening of the stablecoin giant’s US headquarters in the Queen City. Among those attending was White House crypto adviser Patrick Witt, according to two people in attendance, who asked not to be identified discussing the closed-door event. Cantor Fitzgerald Chairman Brandon Lutnick was also there, one of the people said.

Working to keep a foot in the door.