EXPLAINER
‘Crypto winter’: Why is Bitcoin crashing despite Trump’s support?
Bitcoin has been on a downward spiral since last October as the ‘hype’ over crypto wanes.
![Residents in Hood County, Texas describe the 24/7 hum of cooling fans of a nearby crypto mining facility as “torture,” while operators defend the project as a major jobs and tax boost. [Global News Insight]](https://www.aljazeera.com/wp-content/uploads/2025/12/image-1766421535.jpg?resize=770%2C513&quality=80)
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UK sentences Chinese scammer after record-breaking Bitcoin seizure
Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation.
![Chinese national Zhimin Qian, alias Yadi Zhang, who was convicted for her role in a multibillion-dollar Bitcoin fraud [Photo by Metropolitan Police/AFP]](https://www.aljazeera.com/wp-content/uploads/2025/11/AFP__20251111__83NM6WH__v1__HighRes__FilesBritainChinaCrime-1762917274.jpg?resize=770%2C513&quality=80)
EXPLAINER
Is Trump’s pardon of Binance boss Changpeng Zhao a conflict of interest?
Zhao is a convicted criminal who founded the world’s biggest cryptocurrency exchange.
![Donald Trump speaks at the Bitcoin 2024 Conference in Nashville, Tenn. [File: Mark HumphreyAP]](https://www.aljazeera.com/wp-content/uploads/2025/01/AP24316659779468-1737411241.jpg?resize=770%2C513&quality=80)
Trump pardons Binance cryptocurrency founder Changpeng Zhao
US President Donald Trump pardons former Binance CEO Changpeng Zhao after money-laundering conviction.
US, UK sanction huge Southeast Asian crypto scam network
Crackdown targets entities and individuals linked to Prince Group network that used trafficked workers for global fraud.
South Korean crypto mogul Do Kwon pleads guilty to fraud
Cryptocurrency entrepreneur faces up to 25 years in prison over the $40bn collapse of the TerraUSD and Luna tokens.
Trump says newly signed crypto law will establish ‘American dominance’
White House features crypto industry leaders investigated by the government, as critics highlight Trump’s crypto ties.
US House sends crypto ‘GENIUS Act’ to Trump, in win for industry advocates
Advocates hope House bills will bring decentralised currency into US mainstream as Trump pushes ‘crypto week’.
EXPLAINER
What is the US’s Crypto Week? Why has Bitcoin hit a record high?
A number of important digital asset laws are set to be voted on in the US this week.
US Senate passes stablecoin bill in milestone victory for crypto sector
If passed, it will establish for the first time a regulatory regime for stablecoins, a fast-rising financial product.
‘I invested in a Ponzi scheme’: Nigerians fall victim to crypto scams
Experts say financial illiteracy, lax regulations, greed, economic hardship make people susceptible to scam companies.
